In 2022, the electricity bill went up, registration a historical figure of more than 500 euros per MWh. In recent years, the cost of electricity has risen dramatically and has become one of the biggest problems in Spanish homes. Even so, and the number is fixed in 2023.
He Operators of the Iberian Energy Market (OMIE) are responsible for providing data on the cost of electricity. The average price on October 17 is 51.25 euros / MWh.
When is it cheap and when is it expensive?
Time zones cheap how it is necessary to use materials that consume more and from 3 to 5 pm, when electricity will be paid a 0.44 euro / MWh.
Time expensive, and how the use of electricity should be avoided will be between 00 and 01 hours, when the invoice price will increase 84,80 euros / MWh.
Electricity price per hour, October 17
- From 00:00 to 01:00: 84,80 euros/MWh
- From 01:00 to 02:00: 76,50 euros/MWh
- From 02:00 to 03:00: 70.12 euros/MWh
- From 03:00 to 04:00: 70,00 euros/MWh
- From 04:00 to 05:00: 60,00 euros/MWh
- De 05:00 to 06:00: 54,08 euros/MWh
- De 06:00 to 07:00: 63,38 euros/MWh
- De 07:00 to 08:00: 84,34 euros/MWh
- De 08:00 to 09:00: 83,93 euros/MWh
- De 09:00 to 10:00: 82,27 euros/MWh
- De 10:00 to 11:00: 55,00 euros/MWh
- De 11:00 to 12:00: 7,00 euros/MWh
- From 12:00 to 13:00: 3.32 euros/MWh
- De 13:00 to 14:00: 3,32 euros/MWh
- From 14:00 to 15:00: 1.51 euros/MWh
- De 15:00 to 16:00: 0,44 euro/MWh
- De 16:00 to 17:00: 0,44 euro/MWh
- De 17:00 to 18:00: 3,32 euros/MWh
- From 18:00 to 19:00: 49,97 euros/MWh
- De 19:00 to 20:00: 82,27 euros/MWh
- From 20:00 to 21:00: 82,27 euros/MWh
- From 21:00 to 22:00: 72.59 euros/MWh
- From 22:00 to 23:00: 71.08 euros/MWh
- From 23:00 to 24:00: 68,06 euros/MWh
Why does the price of electricity vary throughout the day?
The causes of fluctuations are: the price of fuel oil such as gas and oil or the most important time, such as morning and afternoon rush hour. During peak hours, energy providers should buy energy from the market at high prices, while those with less needs can use more energy.