Today's electricity price, Sunday, September 11, 2022

Electricity will be 3% cheaper this Sunday than yesterday as the price per megawatt hour in the wholesale market stands at 275.

Thomas Osborne
Thomas Osborne
11 September 2022 Sunday 02:46
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Today's electricity price, Sunday, September 11, 2022

Electricity will be 3% cheaper this Sunday than yesterday as the price per megawatt hour in the wholesale market stands at 275.4 euros, according to the operator Omie. In addition to this small decrease, the final consumer must take into account that putting high-consumption electrical appliances at certain times may be more expensive or cheaper depending on the time slot in which it is done.

According to the operator of the electricity market OMIE and the Iberian Gas Market (Mibgas), the wholesale price of electricity (the one paid by consumers with a regulated rate) will be around 52 euros lower than the 327.78 euros that the MWh would have been paid if the cap on gas for electricity generation had not been in place.

The wholesale market figures are reflected in the consumer's receipt. The most expensive hour will be reached between 9:00 p.m. and 10:00 p.m., when the price on the bill will rise to 252 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 98.50 euros.

From 00:00 to 01:00: €210.00/MWh

From 01:00 to 02:00: €191.34/MWh

From 02:00 to 03:00: €189.77/MWh

From 03:00 to 04:00: €187.52/MWh

From 04:00 to 05:00: €185.73/MWh

From 05:00 to 06:00: €184.26/MWh

From 06:00 to 07:00: €184.15/MWh

From 07:00 to 08:00: €180.05/MWh

From 08:00 to 09:00: €157.00/MWh

From 09:00 to 10:00: €177.38/MWh

From 10:00 a.m. to 11:00 a.m.: €135.82/MWh

From 11:00 a.m. to 12:00 p.m.: €118.15/MWh

From 12.00 to 13.00: €112.35/MWh

From 1:00 p.m. to 2:00 p.m.: €108.60/MWh

From 2:00 p.m. to 3:00 p.m.: €99.50/MWh

From 3:00 p.m. to 4:00 p.m.: €102.07/MWh

From 4:00 p.m. to 5:00 p.m.: €98.50/MWh

From 5:00 p.m. to 6:00 p.m.: €102.07/MWh

From 6:00 p.m. to 7:00 p.m.: €116.04/MWh

From 7:00 p.m. to 8:00 p.m.: €175.86/MWh

From 8:00 p.m. to 9:00 p.m.: €193.67/MWh

From 9:00 p.m. to 10:00 p.m.: €252.00/MWh

From 10:00 p.m. to 11:00 p.m.: €221.71/MWh

From 11:00 p.m. to 12:00 a.m.: €192.44/MWh