These are the cheapest hours for this Monday, July 25

The electricity bill rises 7.6% so far in July, despite the ABC gas cap

electricity price

The price of electricity rises 2% and remains above 250 euros for the third consecutive day

The average price of electricity for regulated rate customers linked to the wholesale market will rise 2% this Monday, to 256.21 euros per megawatt hour (MWh), according to provisional data from the Iberian Energy Market Operator (OMIE). Collected by Europa Press.

In this way, the price for PVPC customers will remain above 250 euros/MWh for the third consecutive day.

In the auction, the average price of electricity in the wholesale market - the so-called 'pool' - will stand at 158.02 euros/MWh on Monday.

To this price of the 'pool' is added the compensation of 98.19 euros/MWh to the gas companies that has to be paid by the consumers who benefit from the measure, the consumers of the regulated tariff (PVPC) or those who, despite being in the free market, they have an indexed rate.

00h - 01h: €0.371/kWh

01h - 02h: €0.373/kWh

02h - 03h: €0.379/kWh

03h - 04h: €0.387/kWh

04h - 05h: €0.394/kWh

05h - 06h: €0.392/kWh

06h - 07h: €0.373/kWh

07h - 08h: €0.365/kWh

08h - 09h: €0.371/kWh

09h - 10h: €0.349/kWh

10am - 11am: €0.377/kWh

11am - 12pm: €0.367/kWh

12pm - 1pm: €0.362/kWh

1pm - 2pm: €0.359/kWh

2pm - 3pm: €0,300/kWh

3pm - 4pm: €0.288/kWh

4:00 p.m. - 5:00 p.m.: €0.264/kWh

5:00 p.m. - 6:00 p.m.: €0.262/kWh

6:00 p.m. - 7:00 p.m.: €0.312/kWh

7:00 p.m. - 8:00 p.m.: €0.321/kWh

8:00 p.m. - 9:00 p.m.: €0.369/kWh

9:00 p.m. - 10:00 p.m.: €0.377/kWh

10pm - 11pm: €0.332/kWh

23h - 24h: €0.334/kWh

In the absence of the 'Iberian exception' mechanism to cap the price of gas for electricity generation, the price of electricity in Spain would be on average around 303 euros/MWh, which is around 47 euros/MWh more than with the compensation for clients of the regulated tariff, who will thus pay around 15% less on average.

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