March continues with a high price on the main energies (gas, gasoline, butane, electricity…), despite the decrease compared to the last day on Tuesday that left the price on electricity. Direct consequence of the prices of the , but also of the high cost that the electric ones have been adding as well as the scarce measures of the Government, this fact has caused that in the face of domestic consumption, it is vital to know when it is more profitable to use certain electrical appliances (iron , washing machine, dishwasher, oven…) since their consumption can vary, assuming significant savings.
As shown by data from , the organization that manages the electricity markets of Spain and Portugal and collects their rates, the average price of electricity in Spain during this Monday, March 14, is 247.89 euros/MWh. Very high figures when compared to the price set a year ago, when the MWh cost 45.66 euros.
At what time is electricity cheaper?
Regarding the daily variation, the ‘cheapest’ section is concentrated around the afternoon, until settling at 214.48 euros/MWh in the section between 5:00 p.m. and 6:00 p.m.
At what time is electricity more expensive?
On the contrary, the maximum price reaches 295 euros/MWh (between 08:00 and 09:00).
Electricity prices per hour on March 14
– From 00 to 01 hours: 291.55 euros/MWh.
– From 01 to 02 hours: 280.03 euros/MWh.
– From 02 to 03 hours: 232.24 euros/MWh.
– From 03 to 04 hours: 224.76 euros/MWh.
– From 04 to 05 hours: 219.91 euros/MWh.
– From 05 to 06 hours: 230.06 euros/MWh.
– From 06 to 07 hours: 277.8 euros/MWh.
– From 07 to 08 hours: 288.33 euros/MWh.
– From 08 to 09 hours: 295 euros/MWh.
– From 9 a.m. to 10 a.m.: 292.34 euros/MWh.
– From 10 a.m. to 11 a.m.: 288.33 euros/MWh.
– From 11 a.m. to 12 noon: 280.98 euros/MWh.
– From 12 to 13 hours: 258 euros/MWh.
– From 13 to 14 hours: 221.1 euros/MWh.
– From 2:00 p.m. to 3:00 p.m.: 215.3 euros/MWh.
– From 15 to 16 hours: 214.8 euros/MWh.
– From 4:00 p.m. to 5:00 p.m.: 214.48 euros/MWh.
– From 5:00 p.m. to 6:00 p.m.: 214.8 euros/MWh.
– From 6:00 p.m. to 7:00 p.m.: 219 euros/MWh.
– From 7:00 p.m. to 8:00 p.m.: 265.32 euros/MWh.
– From 8:00 p.m. to 9:00 p.m.: 281.96 euros/MWh.
– From 9:00 p.m. to 10:00 p.m.: 280.01 euros/MWh.
– From 10 p.m. to 11 p.m.: 240 euros/MWh.
– From 23 to 24 hours: 214.8 euros/MWh.
Why does the price of electricity vary so much?
This constant increase in prices, as well as its variation, is due to the higher cost of gas in international markets, which is used in combined cycle plants. As these are the most expensive, they are the ones that, in general, mark the price in most hours.
Direct consequence of the conflict with a supplying Russia, due to the obstacles, which affects the pockets of consumers on the electricity bill.
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