May 16, 2022 4:27 pm

These will be the cheapest hours this Sunday

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It is noted that it is Sunday in electricity price. The off-peak hours they will last from dawn until 5 pm, a trend that has been repeated since the previous day and that allows consumers to save on electricity bills. Furthermore, the average price of regulated bill It will be 0.27508 euros per Kilowatt/hour. On the contrary, the most expensive hours will be between 18 and 22.

peak and off-peak hours

  • The cheapest: from 2:00 p.m. to 3:00 p.m. at €0.24296/kWh
  • The most expensive: from 7:00 p.m. to 8:00 p.m. €0.33773/kWh

The average price of electricity in the wholesale market It will drop 2.61% on Sunday compared to this Saturday, registering the most expensive Sunday in January.

Specifically, this Sunday’s wholesale market will register an average price of €213.10/MWh, almost six euros less than the €218.82/MWh this Saturday, according to provisional data published by the Iberian Energy Market Operator ( OMIE) collected by Europa Press.

By time slots, the maximum price of electricity for this January 15 will be between 7:00 p.m. and 8:00 p.m., with €265.36/MWh, while the minimum, €186.60/MWh, will be registered between 5:00 a.m. and 6:00 a.m.

The price of electricity hour by hour

  • 00-01 0,29217 €/kWh
  • 01-02 0,28361 €/kWh
  • 02-03 0,27519 €/kWh
  • 03-04 0,26391 €/kWh
  • 04-05 0,2518 €/kWh
  • 05-06 0,25156 €/kWh
  • 06-07 0,26384 €/kWh
  • 07-08 0,26257 €/kWh
  • 08-09 0,26029 €/kWh
  • 09-10 0,26243 €/kWh
  • 10-11 0,25901 €/kWh
  • 11-12 0,25784 €/kWh
  • 12-13 0,25923 €/kWh
  • 13-14 0,24634 €/kWh
  • 14-15 0,24296 €/kWh
  • 15-16 0,25075 €/kWh
  • 16-17 0,25796 €/kWh
  • 17-18 0,28623 €/kWh
  • 18-19 0,32788 €/kWh
  • 19-20 0,33773 €/kWh
  • 20-21 0,32741 €/kWh
  • 21-22 0,31598 €/kWh
  • 22-23 0,29221 €/kWh
  • 23-00 0,27293 €/kWh

The reasons for the rise in the price of electricity

Compared to a year ago, the wholesale market price for this Sunday will be 214% more expensive than the one registered on January 16, 2021, of only 67.72 euros/MWh.

The prices of the wholesale market have a direct impact on the regulated tariff -the so-called PVPC-, to which almost 11 million consumers in the country are covered, and serve as a reference for the other 17 million who have contracted their supply in the free market.

The rise in the electricity market in recent months is mainly explained by the high prices of gas in the markets and carbon dioxide (CO2) emission rights, at all-time highs this year.

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Reference-www.abc.es

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