Electricity price: these are the cheapest hours on Friday, June 24

Consumers will have to be vigilant this Friday, June 24.

Thomas Osborne
Thomas Osborne
24 June 2022 Friday 15:10
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Electricity price: these are the cheapest hours on Friday, June 24

Consumers will have to be vigilant this Friday, June 24. There will be times when putting on 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 137.59 euros per megawatt hour, according to the operator Omie. Once 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 10:00 p.m. and 11:00 p.m., when the price on the bill will rise to 191.52 euros per megawatt hour (MWh), based on data from Red Eléctrica. The cheapest time, on the other hand, will be recorded between 4:00 p.m. and 5:00 p.m., when the megawatt hour will be paid at 111.70 euros.

This is the hourly cost of electricity for this Friday 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: €161.60/kWh

From 01:00 to 02:00: €148.09/kWh

From 02:00 to 03:00: €143.38/kWh

From 03:00 to 04:00: €139.25/kWh

From 04:00 to 05:00: €136.49/kWh

From 05:00 to 06:00: €135.97/MWh

From 06:00 to 07:00: €131.16/MWh

From 07:00 to 08:00: €148.74/MWh

From 08:00 to 09:00: €131.77/MWh

From 09:00 to 10:00: €123.22/MWh

From 10:00 a.m. to 11:00 a.m.: €119.75/MWh

From 11:00 a.m. to 12:00 p.m.: €118.25/MWh

From 12.00 to 13.00: €119.48/MWh

From 1:00 p.m. to 2:00 p.m.: €118.75/MWh

From 2:00 p.m. to 3:00 p.m.: €116.75/MWh

From 3:00 p.m. to 4:00 p.m.: €112.70/MWh

From 4:00 p.m. to 5:00 p.m.: €111.70/MWh

From 5:00 p.m. to 6:00 p.m.: €117.05/MWh

From 6:00 p.m. to 7:00 p.m.: €121.90/MWh

From 7:00 p.m. to 8:00 p.m.: €129.70/MWh

From 8:00 p.m. to 9:00 p.m.: €157.64/MWh

From 9:00 p.m. to 10:00 p.m.: €185.25/MWh

From 10:00 p.m. to 11:00 p.m.: €191.52/MWh

From 11:00 p.m. to 12:00 a.m.: €182.00/MWh