For this Saturday, April 4, 2026, the average price of electricity in Spain is 21.21 euros per megawatt hour (MWh) in the wholesale market, according to data published by the Iberian Energy Market Operator (OMIE). In this way, the price of electricity increases again by 46.88% if we compare it with the price of electricity registered this Friday, set at 14.44 euros/MWh, about 6.77 euros.
When is electricity cheaper this Saturday, April 4?
The cheapest time for electricity will be between 4:00 p.m. and 5:00 p.m., when the price will fall to -2.50 euros/MWh. In addition, there will be several very cheap sections to concentrate consumption, especially between 10:00 and 19:00, a period in which electricity will cost less than 1 euro/MWh and will even register negative prices for a good part of the day.
When will electricity be more expensive?
On the contrary, the maximum price of the electricity rate will be reached between 9:00 p.m. and 10:00 p.m., when the cost will rise to 77.01 euros/MWh. The next most expensive hours will be those between 10:00 p.m. and 11:00 p.m., with 60.24 euros/MWh, and between 11:00 p.m. and 12:00 p.m., when the price will be 43.01 euros/MWh.
Price of electricity per hour
This Saturday, April 4, the light will have two very different faces. During the central hours of the day, the price will drop sharply and even reach negative values, while in the afternoon and especially at night it will rise again. The most expensive section will be concentrated between 8:00 p.m. and 11:00 p.m.
| Hour | Price |
|---|---|
| 00:00 to 01:00 | 28.91 euros/MWh |
| 01:00 to 02:00 | 23.15 euros/MWh |
| 02:00 to 03:00 | 27.53 euros/MWh |
| 03:00 to 04:00 | 28.14 euros/MWh |
| 04:00 to 05:00 | 29.73 euros/MWh |
| 05:00 to 06:00 | 30.44 euros/MWh |
| 06:00 to 07:00 | 33.81 euros/MWh |
| 07:00 to 08:00 | 35.01 euros/MWh |
| 08:00 to 09:00 | 30.26 euros/MWh |
| 09:00 to 10:00 | 10.24 euros/MWh |
| 10:00 to 11:00 | -0.42 euros/MWh |
| 11:00 to 12:00 | -1.78 euros/MWh |
| 12:00 to 13:00 | -2.10 euros/MWh |
| 1:00 p.m. to 2:00 p.m. | -2.10 euros/MWh |
| 2:00 p.m. to 3:00 p.m. | -2.10 euros/MWh |
| 15:00 to 16:00 | -2.10 euros/MWh |
| 16:00 to 17:00 | -2.50 euros/MWh |
| 17:00 to 18:00 | -1.03 euros/MWh |
| 18:00 to 19:00 | 0.32 euros/MWh |
| 19:00 to 20:00 | 23.77 euros/MWh |
| 20:00 to 21:00 | 41.71 euros/MWh |
| 9:00 p.m. to 10:00 p.m. | 77.01 euros/MWh |
| 22:00 to 23:00 | 60.24 euros/MWh |
| 23:00 to 24:00 | 43.01 euros/MWh |
Evolution of the price of electricity during the month of April
Good news for households, since right now we pay cheaper electricity than a year ago, since the average price during these first four days has been 11.45 euros, which is about 22.34 euros less than a year ago, when the average price was 29.98 euros.
Now, if we make the comparison day by day, today electricity is 9.97 euros more expensive, since a year ago its price was 11.24 euros, showing a decrease of 34.67%. It should be remembered that this is the average price within the wholesale market, which is not the same as that paid by the final consumer, since tolls and other taxes need to be applied.
| Date | 2025 | 2026 | Difference in euros/MWh |
|---|---|---|---|
| April 1 | 58.60 | 5.15 | -53.45 |
| April 2 | 27.99 | 5.00 | -38.22 |
| April 3 | 22.10 | 14.44 | -7.66 |
| April 4 | 11.24 | 21.21 | 9.97 |
Why does the price of electricity increase?
The war in the Middle East has once again put pressure on gas and added nervousness to the European energy market. In Spain, however, this impact has not been transferred linearly to the electricity bill. Although the rise in gas prices has increased volatility and kept the markets on alert, the weight of renewables is currently containing much of the blow. In March, European gas futures soared by more than 70% due to tension in the area and fear of supply problems linked to the Strait of Hormuz.
In fact, the recent evolution of the wholesale market in Spain reflects this contrast. OMIE closed January with an average price of 71.43 euros/MWh, but in February it plummeted to 13.53 euros/MWh thanks, above all, to the growth of hydraulics and renewable generation.
The drop has continued to be seen in recent days. On March 29, the average price of the pool reached only 0.18 euros/MWh, with several hours in negative, and for this Saturday, April 4, the wholesale market marks 21.21 euros/MWh.
All of this especially affects consumers covered by the PVPC, although not in the same way as before. Since the reform of the system, the regulated rate no longer depends solely on the daily market, and in 2026, 55% of its calculation incorporates futures references, which smoothes out part of the oscillations. According to the Government, some nine million consumers are covered by this rate.