These are the cheapest hours on Tuesday to save on the bill


Updated:

Keep

The light price it gives no truce to consumers and will hit its highest level tomorrow in January with 223.16 euros / MWh.

Compared to a year ago, the price of the pool for this same date will be 170.6% more expensive than the one registered on January 11, 2021, of only 82.45 euros / MWh, also coinciding with the cold wave of Filomena.

The prices of the 'pool' have a direct effect on the regulated tariff -the so-called PVPC-, to which almost 11 million consumers in the country are welcomed, and serves as a reference for the other 17 million that have contracted their supply in the free market .

Peak and valley hours

  • The cheapest: from 3 to 4 at € 0.25226 / kWh
  • The most expensive: from 8:00 p.m. to 9:00 p.m. at € 0.42654 / kWh

The average price of electricity in the wholesale marketIt will rise again this Tuesday, with a rise of 2.7% compared to this Monday, and will reach its highest level in this start of 2022, exceeding the level of 220 euros per megawatt hour (MWh).

Specifically, the 'pool' will register for this Tuesday an average price of 223.16 euros / MWh, when this Monday the price was at
217.26 euros / MWh
, according to provisional data published by the Iberian Energy Market Operator (OMIE).

By time slots, the maximum price of electricity for this January 11 will be between 9:00 p.m. and 10:00 p.m., with 262.66 euros / MWh, while the minimum, of 193 euros / MWh, will be registered between 4:00 a.m. hours and 5.00 hours.

The price of electricity hour by hour

  • 00-01 0.27137 € / kWh
  • 01-02 0.2628 € / kWh
  • 02-03 0.25757 € / kWh
  • 03-04 0.25226 € / kWh
  • 04-05 0.25489 € / kWh
  • 05-06 0.26592 € / kWh
  • 06-07 0.28093 € / kWh
  • 07-08 0.28584 € / kWh
  • 08-09 0.33772 € / kWh
  • 09-10 € 0.33695 / kWh
  • 10-11 € 0.3957 / kWh
  • 11-12 € 0.35879 / kWh
  • 12-13 0.35251 € / kWh
  • 13-14 0.35221 € / kWh
  • 14-15 0.28327 € / kWh
  • 15-16 0.28413 € / kWh
  • 16-17 0.29196 € / kWh
  • 17-18 € 0.33071 / kWh
  • 18-19 0.42253 € / kWh
  • 19-20 0.42491 € / kWh
  • 20-21 0.42654 € / kWh
  • 21-22 € 0.40636 / kWh
  • 22-23 0.31668 € / kWh
  • 23-00 0.29902 € / kWh

Why is the price of electricity going up?

The rise in price in recent months in the electricity market is mainly explained by the high gas prices in the markets and carbon dioxide emission rights (CO2), at all-time highs this year.

Thus, compared to the same day just a year ago, the rise experienced this Tuesday will be 154.2%, since on January 4, 2021 the price of electricity stood at € 59.85 / MWh .

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