After a difficult end of the 2021 academic year, in which the main energies were increased considerably, the beginning of 2022 has not brought better news and thus, gas, gasoline, butane or electricity continue to increase. The latter, being of great concern to , due to the heavy blow it represents for his pocket. For this reason, it is vital to know when it is more profitable to use certain appliances (iron, washing machine, dishwasher, oven…) since their consumption can vary, assuming significant savings over the days.
As shown by the data from the (OMIE), the organization that manages the electricity markets of Spain and Portugal and collects their rates, the average price of electricity in Spain during this Tuesday, February 22, is 179.74 euros/ MWh. Very high figures when compared to the price set a year ago, when the MWh cost 45.26 euros.
At what time is electricity cheaper?
Regarding the daily variation, marked by a price per kWh, according to data from , the cheapest sections are concentrated in the early hours and midday. Specifically, the lowest hour is between 3:00 p.m. and 4:00 p.m. with a price of 0.20937 euros/kWh.
At what time is electricity more expensive?
On the contrary, the hours closest to the end of the day present the highest costs, being between 20:00 and 21:00, the moment with a higher price (0.37404 euros/kWh).
Electricity prices per hour on February 21
– From 00 to 01 hours: 0.22931 euros/KWh.
– From 01 to 02 hours: 0.22471 euros/KWh.
– From 02 to 03 hours: 0.2217 euros/KWh.
– From 03 to 04 hours: 0.22006 euros/KWh.
– From 04 to 05 hours: 0.21417 euros/KWh.
– From 05 to 06 hours: 0.22124 euros/KWh.
– From 06 to 07 hours: 0.2494 euros/KWh.
– From 07 to 08 hours: 0.25781 euros/KWh.
– From 8 a.m. to 9 a.m.: 0.29309 euros/KWh.
– From 9 a.m. to 10 a.m.: 0.27964 euros/KWh.
– From 10 a.m. to 11 a.m.: 0.33831 euros/KWh.
– From 11 a.m. to 12 p.m.: 0.31847 euros/KWh.
– From 12 to 13 hours: 0.31558 euros/KWh.
– From 13 to 14 hours: 0.30163 euros/KWh.
– From 2:00 p.m. to 3:00 p.m.: 0.21425 euros/KWh.
– From 15 to 16 hours: 0.20937 euros/KWh.
– From 4:00 p.m. to 5:00 p.m.: 0.21453 euros/KWh.
– From 5:00 p.m. to 6:00 p.m.: 0.2352 euros/KWh.
– From 6:00 p.m. to 7:00 p.m.: 0.35843 euros/KWh.
– From 7:00 p.m. to 8:00 p.m.: 0.36809 euros/KWh.
– From 8:00 p.m. to 9:00 p.m.: 0.37404 euros/KWh.
– From 9:00 p.m. to 10:00 p.m.: 0.36245 euros/KWh.
– From 10 p.m. to 11 p.m.: 0.27245 euros/KWh.
– From 23 to 24 hours: 0.25081 euros/KWh.
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.
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