Price of electricity today, Tuesday, August 16: the cheapest hours to save

Consumers will have to be vigilant this Tuesday, August 16.

Thomas Osborne
Thomas Osborne
15 August 2022 Monday 17:49
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Price of electricity today, Tuesday, August 16: the cheapest hours to save

Consumers will have to be vigilant this Tuesday, August 16. 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 237.10 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 03:00 and 04:00, when the price on the bill will rise to 312.94 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 155.22 euros.

From 00:00 to 01:00: €301.65/MWh

From 01:00 to 02:00: €305.40/MWh

From 02:00 to 03:00: €303.78/MWh

From 03:00 to 04:00: €312.94/MWh

From 04:00 to 05:00: €291.41/MWh

From 05:00 to 06:00: €280.46/MWh

From 06:00 to 07:00: €297.04/MWh

From 07:00 to 08:00: €299.00/MWh

From 08:00 to 09:00: €285.32/MWh

From 09:00 to 10:00: €241.20/MWh

From 10:00 a.m. to 11:00 a.m.: €195.94/MWh

From 11:00 a.m. to 12:00 p.m.: €199.53/MWh

From 12:00 to 13:00: €181.17/MWh

From 1:00 p.m. to 2:00 p.m.: €173.67/MWh

From 2:00 p.m. to 3:00 p.m.: €163.06/MWh

From 3:00 p.m. to 4:00 p.m.: €155.84/MWh

From 4:00 p.m. to 5:00 p.m.: €155.22/MWh

From 5:00 p.m. to 6:00 p.m.: €156.10/MWh

From 6:00 p.m. to 7:00 p.m.: €159.65/MWh

From 7:00 p.m. to 8:00 p.m.: €179.17/MWh

From 8:00 p.m. to 9:00 p.m.: €244.62/MWh

From 9:00 p.m. to 10:00 p.m.: €263.90/MWh

From 10:00 p.m. to 11:00 p.m.: €270.18/MWh

From 11:00 p.m. to 12:00 a.m.: €274.17/MWh