These are the cheapest hours of light this Saturday

Updated: 06/10/2022 21:11h
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The average price of electricity in the wholesale market will drop 1.98% this Saturday compared to Friday, although it will remain above the level of 190 euros per megawatt hour (MWh).

Specifically, the average price of electricity will be 190.5 euros/MWh this Saturday, that is, 3.85 euros cheaper than the price this Thursday (194.35 euros), according to data published by the Operator of the Iberian Energy Market (OMIE) and collected by Europa Press.

The maximum price of electricity on this Saturday, June 11, will be recorded between 3:00 p.m. and 4:00 p.m., with €0.2042/kWh, while the minimum for the day, €0.28606/kWh, will occur between 9:00 p.m. 10:00 p.m.

Peak and off-peak hours The cheapest: from 9 pm to 10 pm €0.28606/kWh The most expensive: from 3 pm to 4 pm €0.2042/kWh

Compared to a year ago, the average price of electricity for this Saturday will be 130.8% more expensive than the 82.53 euros/MWh of June 11, 2021.

The prices of the 'pool' have a direct impact on the regulated rate --the so-called PVPC--, to which almost 11 million households in the country are covered, and serve as a reference for the other 17 million who have contracted their supply in the free market.

The price of electricity hour by hour00h - 01h: 0.25481 €/kWh01h - 02h: 0.25162 €/kWh02h - 03h: 0.24435 €/kWh03h - 04h: 0.24744 €/kWh04h - 05h: 0.24803 €/kWh05h - 06h: 0.24835 €/kWh05h - 06h: 0.24835 €/kWh05h - 06h: 0.24835 €/kWh05h - 07h: €0.24756/kWh07h - 08h: €0.24551/kWh08h - 09h: €0.23231/kWh09h - 10h: €0.21388/kWh10h - 11h: €0.21742/kWh11h - 12h: €0.21969/kWh12h1 - 0.21969 €/kWh12h -4 €0.213h14 14h: €0.20709/kWh14h - 15h: €0.20722/kWh15h - 16h: €0.2042/kWh16h - 17h: €0.2134/kWh17h - 18h: €0.22652/kWh18h - 19h: €0.216/kWh/kWh19h - 20h: €0.216/kWh19h - 20h: €0.216/kWh19h - 20h : €0.26353/kWh21h - 22h: €0.28606/kWh22h - 23h: €0.28593/kWh23h - 24h: €0.26592/kWh

The National Commission of Markets and Competition (CNMC) has verified that in 2021, in the framework of the upward spiral of energy, around 1.25 million people switched from the PVPC to a rate in the free market at a fixed price .

In mid-May, the Official State Gazette (BOE) published the Royal Decree-Law establishing the mechanism to limit the price of gas for electricity generation to an average of 48.8 euros per megawatt/hour (MWh ) for a period of twelve months, thus covering the next winter, a period in which energy prices are more expensive.

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