The average price of electricity on this Thursday, April 16, 2026, rises slightly and stands at 140.84 euros/MWh for consumers with a regulated or indexed rate in the free market, according to data published by Red Eléctrica. With this small increase, electricity is paid 0.84% more expensive, that is, about 1.17 euros more than on Wednesday, April 15, when its price was 139.67 euros/MWh.
It is necessary to remember that the prices that appear here belong to the Voluntary Price for Small Consumers (PVPC) and this means that they are different from those published by the Iberian Energy Market Operator (OMIE), which reflect the price in the wholesale market and they are usually lower because it does not include concepts such as taxes and tolls.
When is electricity cheaper this Thursday?
The cheapest hour will be from 3:00 p.m. to 4:00 p.m., with a price of 43.27 euros/MWh. The next section in which electricity will have a lower cost will be included in the two-hour period that occurs between 4:00 p.m. and 5:00 p.m., with a price of €43.49/MWh.
When is electricity most expensive this Thursday?
If we talk about the maximum price of electricity, this occurs from 9:00 p.m. to 10:00 p.m. with a price of 276.61 euros/MWh. It is also advisable to avoid the late afternoon and evening sections. Following this period, another period in which it is also important to avoid turning on the appliances is between 8:00 p.m. and 9:00 p.m., where the cost will be €263.04/MWh.
Hourly electricity price, Thursday, April 16 (PVPC)
With the slight increase in the price of electricity, the difference in amounts between sections changes compared to the previous day, and adjusting consumption to the cheapest times of the day can make a big difference in the bill. The following list shows the PVPC hour by daylight hour for Thursday, April 16:
- 00:00 to 01:00: 122.77 euros/MWh
- 01:00 to 02:00: 118.08 euros/MWh
- 02:00 to 03:00: 119.45 euros/MWh
- 03:00 to 04:00: 119.83 euros/MWh
- 04:00 to 05:00: 121.22 euros/MWh
- 05:00 to 06:00: 123.89 euros/MWh
- 06:00 to 07:00: 140.70 euros/MWh
- 07:00 to 08:00: 172.00 euros/MWh
- 08:00 to 09:00: 201.30 euros/MWh
- 09:00 to 10:00: 153.63 euros/MWh
- 10:00 to 11:00: 149.12 euros/MWh
- 11:00 to 12:00: 112.91 euros/MWh
- 12:00 to 13:00: 112.64 euros/MWh
- 1:00 p.m. to 2:00 p.m.: 112.70 euros/MWh
- 2:00 p.m. to 3:00 p.m.: 44.15 euros/MWh
- 15:00 to 16:00: 43.27 euros/MWh
- 16:00 to 17:00: 43.49 euros/MWh
- 17:00 to 18:00: 43.58 euros/MWh
- 18:00 to 19:00: 158.86 euros/MWh
- 19:00 to 20:00: 228.85 euros/MWh
- 20:00 to 21:00: 263.04 euros/MWh
- 21:00 to 22:00: 276.61 euros/MWh
- 22:00 to 23:00: 205.82 euros/MWh
- 23:00 to 24:00: 192.17 euros/MWh
The energy situation in Spain and the evolution of the price of electricity
The energy situation in Spain in the short term continues to be marked by volatility, with continuous ups and downs in the price of electricity depending on demand and available renewable production. In these days of spring, the greater weight of technologies such as wind and solar is helping to contain prices in some sections of the day, although increases continue to occur during the hours of greatest consumption, especially at night.
Looking ahead to the next few days, a sustained increase in the price of electricity is not expected, but rather an irregular behavior with specific increases and decreases. Factors such as the cost of gas, the international situation or changes in renewable generation will continue to have a direct influence, so everything indicates that the electricity market will continue with an unstable rather than clearly upward trend.