These will be the cheapest hours this Monday, the most expensive day in January



electricity price
record levels again. This Monday the average cost of energy in the regulated rate It will be 0.35024 euros per kilowatt hour (kWh), the highest in the entire month of January. Even so, the light will give a truce for our pockets until 7 in the morning and from 2 to 5 p.m.

peak and off-peak hours

  • The cheapest: from 4 to 5 at €0.27728/kWh
  • The most expensive: from 7:00 p.m. to 8:00 p.m. €0.45294/kWh

The average price of electricity in the wholesale market It will rise again this Monday, specifically 14.81% compared to this Sunday, approaching €250/MWh again and thus becoming the highest price so far this year.

Specifically, the wholesale market registered an average price of €244.67/MWh this Monday, almost 32 euros more than the €213.1/MWh this Sunday, according to provisional data published by the Iberian Energy Market Operator (OMIE). ) collected by Europa Press.

In this way, the value that will be reached this January 17 is the highest of the entire month and, therefore, from 2022. In addition, it is the highest price recorded since December 24, 2021, a day in which the Spanish paid €311.02/MWh.

By time slots, the maximum price of electricity for this January 17 will be between 7:00 p.m. and 8:00 p.m., with €285.68/MWh, while the minimum, €209.55/MWh, will be recorded between 4:00 a.m. and 5 o'clock.

The price of electricity hour by hour

  • 00-01 €0.32378/kWh
  • 01-02 €0.31603/kWh
  • 02-03 €0.30512/kWh
  • 03-04 €0.28472/kWh
  • 04-05 €0.27728/kWh
  • 05-06 €0.29258/kWh
  • 06-07 €0.31688/kWh
  • 07-08 €0.33824/kWh
  • 08-09 €0.35517/kWh
  • 09-10 €0.34204/kWh
  • 10-11 €0.39471/kWh
  • 11-12 €0.38812/kWh
  • 12-13 €0.38793/kWh
  • 13-14 €0.38766/kWh
  • 14-15 €0.31712/kWh
  • 15-16 €0.31218/kWh
  • 16-17 €0.32012/kWh
  • 17-18 €0.33736/kWh
  • 18-19 €0.42645/kWh
  • 19-20 €0.45294/kWh
  • 20-21 €0.44398/kWh
  • 21-22 €0.42158/kWh
  • 22-23 €0.34239/kWh
  • 23-00 €0.32127/kWh

Why does the light go up?

Compared to a year ago, the wholesale market price for this Monday will be 279.27% ​​more expensive than which was recorded on January 17, 2021, of only €64.51/MWh.

The prices of the wholesale market have a direct impact on the regulated rate -the so-called PVPC-, to which almost 11 million consumers 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 rise in the electricity market in recent months is mainly explained by the high prices of gas in the markets and carbon dioxide (CO2) emission rights, at all-time highs this year.

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