Consumers will have to be vigilant this Wednesday, March 15, 2023. There will be times when putting the washing machine, ironing or using the oven will be more advisable. Knowing which are the cheapest allows you to concentrate spending and save on the bill at the end of the month. The average reference for the whole day in the wholesale market will be 132.68 euros per megawatt hour (MWh), according to the operator OMIE. Again, hour by hour there will be big differences.
The wholesale market figures are reflected in the consumer’s receipt. The most expensive hour will be reached between 7:00 p.m. and 8:00 p.m., when the price on the bill will rise to 0.31634 euros per kilowatt hour (kWh), based on data from Red Eléctrica. The cheapest hour, on the opposite side, will be recorded between 2:00 p.m. and 3:00 p.m., when the kilowatt hour will be paid at 0.16840 euros.
This is the hourly cost of electricity for this Monday at the regulated rate (PVPC, toll 2.0 TD), according to Red Eléctrica. These figures already include the cost of the daily and intraday wholesale market, adjustment services, financing, the cost of variable marketing, tolls and charges. It may also have other concepts such as payments for capacity, surpluses or deficits from renewable auctions and costs for interruptibility services.
From 00:00 to 01:00: €0.18083/kWh
From 01:00 to 02:00: €0.17146/kWh
From 02:00 to 03:00: €0.17077/kWh
From 03:00 to 04:00: €0.16869/kWh
From 04:00 to 05:00: €0.16894/kWh
From 05:00 to 06:00: €0.18014/kWh
From 06:00 to 07:00: €0.19215/kWh
From 07:00 to 08:00: €0.21493/kWh
From 08:00 to 09:00: €0.21495/kWh
From 09:00 to 10:00: €0.19862/kWh
From 10:00 a.m. to 11:00 a.m.: €0.22813/kWh
From 11:00 a.m. to 12:00 p.m.: €0.21970/kWh
From 12:00 p.m. to 1:00 p.m.: €0.21576/kWh
From 1:00 p.m. to 2:00 p.m.: €0.21428/kWh
From 2:00 p.m. to 3:00 p.m.: €0.16840/kWh
From 3:00 p.m. to 4:00 p.m.: €0.17699/kWh
From 4:00 p.m. to 5:00 p.m.: €0.18053/kWh
From 5:00 p.m. to 6:00 p.m.: €0.20057/kWh
From 6:00 p.m. to 7:00 p.m.: €0.25660/kWh
From 7:00 p.m. to 8:00 p.m.: €0.31634/kWh
From 8:00 p.m. to 9:00 p.m.: €0.29734/kWh
From 9:00 p.m. to 10:00 p.m.: €0.26364/kWh
From 10:00 p.m. to 11:00 p.m.: €0.21141/kWh
From 11:00 p.m. to 12:00 a.m.: €0.19872/kWh
