The average price of electricity for this Saturday, April 4, 2026 is €94.97/MWh for consumers with a regulated or indexed tariff contracted in the free market, according to data published by Red Eléctrica. Although it represents a decrease of 29.68% compared to Friday (40.09 euros less), almost half of the sections will exceed 100 euros/MWh.
It is important to know that this amount refers to the Voluntary Price for Small Consumers (PVPC), which is different published by the Iberian Energy Market Operator (OMIE) at noon and that shows what the average price costs within the wholesale market.
The main difference is that the PVPC, which is the one that affects consumers with a regulated or indexed rate, includes concepts such as access tolls, system charges or electricity system adjustment costs (although it uses the wholesale market price as a base). Thus, it can be said that the wholesale market is the “factory” price of electricity while the PVPC is the public sale price”, regulated by the Government.
What time is electricity cheaper today, Saturday, April 4?
The cheapest hour of electricity is from 11:00 a.m. to 12:00 p.m., at a price of 68.60 euros/MWh. Unlike the last few days, the cheapest slots can be taken advantage of without problem, since they start in the morning and continue until mid-afternoon.
When is electricity most expensive?
The maximum price of electricity occurs from 9:00 p.m. to 10:00 p.m., when it reaches 150.11 euros/MWh. The most expensive hours of electricity occur at two different times of the day: early in the morning and early in the morning, and towards the end of the afternoon and at night.
Price of electricity per hour, Saturday, April 4 (PVPC)
To take advantage of this drop in electricity, it is important to consume efficiently taking into account its evolution throughout the day. This is the price of electricity hour by hour on Saturday, April 4, 2026 if you have a regulated or indexed rate in the free market:
- 00:00 to 01:00: 97.91 euros/MWh
- 01:00 to 02:00: 96.06 euros/MWh
- 02:00 to 03:00: 102.78 euros/MWh
- 03:00 to 04:00: 105.55 euros/MWh
- 04:00 to 05:00: 107.23 euros/MWh
- 05:00 to 06:00: 108.68 euros/MWh
- 06:00 to 07:00: 107.81 euros/MWh
- 07:00 to 08:00: 107.91 euros/MWh
- 08:00 to 09:00: 107.16 euros/MWh
- 09:00 to 10:00: 79.77 euros/MWh
- 10:00 to 11:00: 70.20 euros/MWh
- 11:00 to 12:00: 68.60 euros/MWh
- 12:00 to 13:00: 72.84 euros/MWh
- 1:00 p.m. to 2:00 p.m.: 74.66 euros/MWh
- 2:00 p.m. to 3:00 p.m.: 75.17 euros/MWh
- 15:00 to 16:00: 75.81 euros/MWh
- 16:00 to 17:00: 76.61 euros/MWh
- 17:00 to 18:00: 76.87 euros/MWh
- 18:00 to 19:00: 79.12 euros/MWh
- 19:00 to 20:00: 89.61 euros/MWh
- 20:00 to 21:00: 112.65 euros/MWh
- 21:00 to 22:00: 150.11 euros/MWh
- 22:00 to 23:00: 127.82 euros/MWh
- 23:00 to 24:00: 108.40 euros/MWh
Spain resists the impact of the war in the Middle East
During this last month, the electricity market in Spain has demonstrated notable resistance to the war conflict in the Middle East. Although the start of the war in Iran raised the international price of natural gas by almost 60% and has made conventional fuels significantly more expensive, the wholesale price of electricity in Spain has remained contained, closing March with an average close to 41 euros per megawatt hour (€/MWh).
According to market data and energy analysts, while much of Europe has once again surpassed the €100/MWh barrier dragged down by the gas panic, the Spanish market has barely transmitted this volatility to electricity. In fact, thanks to the weather conditions, the country recorded more than a hundred hours with prices at zero or even negative throughout the month.
The determining factor in curbing the impact of this geopolitical crisis has been the strong deployment of renewable generation, particularly wind and solar energy. This has worked as a protective shield against war for consumers and Spanish industry.
