The price of electricity continues to be consolidated as one of the main headaches for citizens within an inflationary spiral and in the midst of the Government’s battle in the European Union to put limits on energy prices, which has led to a joint proposal for Spain and Portugal for .
Meanwhile, life goes on and the price of electricity remains at extremely high levels compared to those of the same date in 2021. , the regulator in Spain and Portugal, for this Tuesday, April 5, the price of electricity will be 265 euros/MWh, a rise of 5.41% compared to Monday but almost five times higher than last year on the same date, when the price was 55.97 euros/MWh.
This price, however, will be applied to the invoices of people who have contracted a regulated rate (PVPC). In another situation will be the people who had contracted a fixed price rate.
At what time is electricity cheaper?
The cheapest hours of electricity will be during the early hours of Monday to Tuesday. Specifically, at 02:00, 03:00 and 04:00, with prices of 205.50 euros/MWh, 210 euros/MWh and 215 euros/MWh.
At what time is electricity more expensive?
Dinner time will be the most problematic as it accumulates the highest figures: at 8:00 p.m. electricity will be at 300.97 euros/MWh and at 9:00 p.m. the price will be 300.69 euros/MWh.
How much does electricity cost every hour?
-From 00 to 01 hours: 245 euros/MWh.
-From 01 to 02 hours: 232 euros/MWh.
-From 02 to 03 hours: 205.5 euros/MWh.
-From 03 to 04 hours: 210 euros/MWh.
-From 04 to 05 hours: 215 euros/MWh.
-From 05 to 06 hours: 233 euros/MWh.
-From 06 to 07 hours: 219.02 euros/MWh.
-From 07 to 08 hours: 264.96 euros/MWh.
-From 08 to 09 hours: 266.75 euros/MWh.
-From 9 a.m. to 10 a.m.: 275 euros/MWh.
-From 10 to 11 hours: 280.15 euros/MWh.
-From 11 to 12 hours: 280.3 euros/MWh.
-From 12 to 13 hours: 283 euros/MWh.
-From 13 to 14 hours: 284.13 euros/MWh.
-From 2:00 p.m. to 3:00 p.m.: 283.67 euros/MWh.
-From 15 to 16 hours: 279.27 euros/MWh.
-From 4:00 p.m. to 5:00 p.m.: 275.88 euros/MWh.
-From 5:00 p.m. to 6:00 p.m.: 274.27 euros/MWh.
-From 6:00 p.m. to 7:00 p.m.: 285.4 euros/MWh.
-From 7:00 p.m. to 8:00 p.m.: 290.21 euros/MWh.
-From 8:00 p.m. to 9:00 p.m.: 300.97 euros/MWh.
-From 9:00 p.m. to 10:00 p.m.: 300.69 euros/MWh.
-From 10 p.m. to 11 p.m.: 291.22 euros/MWh.
-From 23 to 24 hours: 285 euros/MWh.
Why does the price of electricity vary so much?
The main cause of the price fluctuations is that the price of gas is experiencing strong increases and its use is essential for the production of energy in the so-called combined cycle plants. Thus, any impact on the price of gas has an almost immediate impact on the price of electricity.
The current context does not help, precisely, to contain the price of gas. Russia is one of the largest suppliers of gas on the planet and the influence of the war in Ukraine has been felt in half the world, including Spain.