These will be the cheapest hours this Wednesday


Madrid

Updated:

Keep

The
light price
in the regulated tariff, it once again registered a rise this Wednesday. The cost of putting in a washing machine, oven or some appliance that consumes a lot will be lowest during the early morning, but the most expensive hours of the day will be from 10 to 14 and from 18 to 22 hours.

Peak and valley hours

  • The cheapest: from 3 to 4 at € 0.11473 / kWh
  • The most expensive: from 7:00 p.m. to 8:00 p.m. at € 0.40858 / kWh

The average price of electricity in the wholesale market, which directly influences the regulated tariff, will chain its fourth consecutive day of increases this Wednesday, with a rebound of 18.43% compared to this Tuesday, to once again exceed the level of 180 euros per megawatt hour (MWh).

Specifically, the wholesale market will register for this Wednesday an average price of € 180.2 / MWh, with a raise of more than 28 euros compared to € 152.15 / MWh of
this Tuesday
, according to data published by the Iberian Energy Market Operator (OMIE) collected by Europa Press.

By time slots, the minimum price of electricity for this January 5 will be between 4 and 5 hours, with € 75.38 / MWh, while the maximum, € 250.34 / MWh, will be registered between 20 and 21 hours.

The price of electricity hour by hour

  • 00-01 0.16659 € / kWh
  • 01-02 0.14969 € / kWh
  • 02-03 0.12537 € / kWh
  • 03-04 0.11473 € / kWh
  • 04-05 € 0.119 / kWh
  • 05-06 0.13839 € / kWh
  • 06-07 0.22558 € / kWh
  • 07-08 0.26278 € / kWh
  • 08-09 0.29049 € / kWh
  • 09-10 0.29289 € / kWh
  • 10-11 € 0.3557 / kWh
  • 11-12 € 0.34834 / kWh
  • 12-13 € 0.34565 / kWh
  • 13-14 0.34263 € / kWh
  • 14-15 0.27142 € / kWh
  • 15-16 0.27727 € / kWh
  • 16-17 0.28609 € / kWh
  • 17-18 0.29159 € / kWh
  • 18-19 € 0.37789 / kWh
  • 19-20 0.40858 € / kWh
  • 20-21 € 0.39905 / kWh
  • 21-22 0.37209 € / kWh
  • 22-23 0.29024 € / kWh
  • 23-00 0.28357 € / kWh

The reasons for the rise of light

The increase 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 increase experienced this Wednesday will be 166.7%, since on January 5, 2021 the price of electricity stood at € 67.55 / MWh .

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