These are the cheapest hours of electricity this Wednesday, July 6

07/05/2022

Updated 07/06/2022 at 04:41 a.m.

The average price of electricity for regulated rate customers linked to the wholesale market, it will drop 2.23% this Wednesday compared to yesterday, to 226.57 euros per megawatt hour (MWh), according to provisional data from the Iberian Energy Market Operator (OMIE). collected by EP.

The maximum price of electricity for this July 6 will be registered between 9:00 p.m. and 10:00 p.m., with 174.5 euros/MWh, while the minimum for the day, of 115.55 euros/MWh, will be between 03:00 and 04.00 hours.

This price for PVPC customers is the result of adding the average price of the auction in the wholesale market to the compensation that the demand will pay to the combined cycle plants for the application of the 'Iberian exception' to cap the price of gas for electricity generation.

In the auction, the average price of electricity in the wholesale market -the so-called 'pool'- will stand at 145.3 euros/MWh this Wednesday, which is 6.14 euros more than the price for today (139, €16/MWh).

00h - 01h: 0.3062 €/kWh

01h - 02h: 0.28367 €/kWh

02h - 03h: 0.2871 €/kWh

03h - 04h: 0.29575 €/kWh

04h - 05h: 0.29818 €/kWh

05h - 06h: 0.29941 €/kWh

06h - 07h: 0.32326 €/kWh

07h - 08h: 0.32832 €/kWh

08h - 09h: 0.33736 €/kWh

09h - 10h: 0.30942 €/kWh

10am - 11am: €0.35649/kWh

11am - 12pm: €0.34545/kWh

12h - 13h: 0.34651 €/kWh

1pm - 2pm: €0.34502/kWh

2:00 p.m. - 3:00 p.m.: €0.28629/kWh

3pm - 4pm: €0.27062/kWh

4:00 p.m. - 5:00 p.m.: €0.25946/kWh

5:00 p.m. - 6:00 p.m.: €0.25755/kWh

6:00 p.m. - 7:00 p.m.: €0.33076/kWh

7:00 p.m. - 8:00 p.m.: €0.35755/kWh

8:00 p.m. - 9:00 p.m.: €0.38174/kWh

9:00 p.m. - 10:00 p.m.: €0.39143/kWh

10pm - 11pm: €0.34465/kWhh

23h - 24h: €0.34225/kWh

To this price of the 'pool' is added the compensation of 81.27 euros/MWh to the gas companies (a figure that is still provisional and that usually varies compared to the definitive one and affects the percentage variations of the price), compared to 92, 58 euros/MWh registered for this Tuesday. This compensation must be paid by the consumers who benefit from the measure, the consumers of the regulated rate (PVPC) or those who, despite being in the free market, have an indexed rate.

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