The price of electricity drops tomorrow. Regulated rate customers linked to the wholesale market will have more options to avoid paying more when using their most consuming appliances, such as the washing machine. Throughout the day there will be cheaper hours such as 3:00 p.m., when the price will remain at 23.17 euros per megawatt hour (MWh). On average The average price of electricity tomorrow will be 46.62 euros, which is 9.95% less than the 51.77 euros this Friday.
For one more day, the gas cap will not be applied, as has happened since last February 27, as its price remains below the limit set by the Iberian exception, which in December is 65 euros. The 46.62 euros per MWh of the average price this Saturday represents a cut of 41% compared to the 79.23 euros of Saturday last week and 11% compared to the 52.49 euros of a month ago, on the 23rd. of November. In a year-on-year comparison, this Saturday there is an increase of 108%, since on December 23 of last year the price was 22.34 euros per MWh.
The price of electricity tomorrow by the hour.
00.00 to 01.00: 44.8 euros/MWh01.00 to 02.00: 40.5 euros/MWh02.00 to 03.00: 39.7 euros/MWh03.00 to 04.00: 38.5 euros/MWh04.00 to 05.00: 38, 5 euros/MWh05.00 to 06.00: 38.1 euros/MWh06.00 to 07.00: 39.0 euros/MWh07.00 to 08.00: 40.25 euros/MWh08.00 to 09.00: 42. 85 euros/MWh09.00 to 10.00: 42.08 euros/MWh10.00 to 11.00: 40.1 €5/MWh11.00 to 12.00: 36.1 euros/MWh12.00 to 13.00 : 34.99 euros/MWh13.00 to 14.00: 27.26 euros/MWh14.00 to 15.00: 30.0 euros/MWh15.00 to 16.00: 23.17 euros/MWh16.00 to 17.00 : 38.0 euros/MWh17.00 to 18.00: 62.0 euros/MWh18.00 to 19.00: 70.68 euros/MWh19.00 to 20.00: 73.06 euros/MWh20.00 to 21 .00: 73.1 euros/MWh21.00 to 22.00: 74.61 euros/MWh22. 00 to 23.00: 69.52 euros/MWh 23.00 to 24.00: 62.0 euros/MWh
Three appliances that increase your electricity bill
When we buy new appliances, it is important to take into account three fundamental aspects: their energy efficiency, using them correctly (some even have savings modes) and making sure that their consumption adapts to our electricity bill. However, there are some appliances that generally consume more electricity than others.
The dishwasher, although it is not an appliance present in every home, is one of those that requires the highest electricity consumption. According to OCU calculations, it can consume up to 246 kWh per year, which represents approximately 7% of total energy consumption and translates into up to 74 additional euros on the annual electricity bill. The same happens with the washing machine, which can consume up to 255 kWh per year, that is, about 77 euros extra on the annual bill. Finally, and logically, the refrigerator, which has an average consumption of 662 kWh per year, which means an increase of approximately 199 euros in the annual rate in the case of the PVPC.
Factors influencing price escalation
The rise in prices in most European countries is attributed to various factors, including the increase in the price of gas in international markets. This fuel is used in combined cycle plants and has a significant impact on determining market prices during most hours of the day. Furthermore, the increase in the value of carbon dioxide (CO2) emission rights also contributes to this situation.
Why does the price of electricity change in each time slot?
Electricity bill prices are flexible and linked to the wholesale electricity market. For this reason, the price of electricity in each time period is determined based on the energy demand at that moment, which gives rise to a constant variation in the cost of electricity throughout the day.
For example, during periods of high demand due to more extreme cold temperatures for heating or extreme heat for air conditioners, prices tend to rise. Additionally, it is important to consider that expenses associated with adjustment services, charges, capacity payments, marketing, weighing, and interruptibility pricing, among others, may vary in price from hour to hour. With the entry into force in January 2024 of the new methodology for calculating the regulated electricity rate, it is expected to give more stability to the electricity market.
THE NAIS IS OFFICIAL EDITOR ON NAIS NEWS