Price of electricity on August 27: what is the cheapest time to save?

Consumers will have to be vigilant this Saturday, August 27.

Thomas Osborne
Thomas Osborne
26 August 2022 Friday 15:41
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Price of electricity on August 27: what is the cheapest time to save?

Consumers will have to be vigilant this Saturday, August 27. 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 385.85 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 11:00 p.m. and 12:00 a.m., when the price on the bill will rise to 473.18 euros per megawatt hour (MWh), based on data from Red Eléctrica. The cheapest time, on the other hand, will be recorded between 1:00 p.m. and 2:00 p.m., when the megawatt hour will be paid at 309.91 euros.

From 00:00 to 01:00: €394.64/MWh

From 01:00 to 02:00: €394.62/MWh

From 02:00 to 03:00: €388.40/MWh

From 03:00 to 04:00: €400.23/MWh

From 04:00 to 05:00: €419.91/MWh

From 05:00 to 06:00: €439.66/MWh

From 06:00 to 07:00: €455.85/MWh

From 07:00 to 08:00: €449.63/MWh

From 08:00 to 09:00: €412.30/MWh

From 09:00 to 10:00: €370.87/MWh

From 10:00 a.m. to 11:00 a.m.: €339.09/MWh

From 11:00 a.m. to 12:00 p.m.: €320.67/MWh

From 12.00 to 13.00: €312.05/MWh

From 1:00 p.m. to 2:00 p.m.: €309.91/MWh

From 2:00 p.m. to 3:00 p.m.: €311.82/MWh

From 3:00 p.m. to 4:00 p.m.: €312.50/MWh

From 4:00 p.m. to 5:00 p.m.: €319.35/MWh

From 5:00 p.m. to 6:00 p.m.: €328.85/MWh

From 6:00 p.m. to 7:00 p.m.: €341.00/MWh

From 7:00 p.m. to 8:00 p.m.: €401.23/MWh

From 8:00 p.m. to 9:00 p.m.: €443.89/MWh

From 9:00 p.m. to 10:00 p.m.: €455.30/MWh

From 10:00 p.m. to 11:00 p.m.: €465.41/MWh

From 11:00 p.m. to 12:00 a.m.: €473.18/MWh