The average price of electricity for this Wednesday, April 29, 2026 shoots up to 75.72 euros per megawatt hour (euros/MWh), according to data published by the Iberian Energy Market Operator (OMIE). This means that electricity is paid 36.02% more expensive than this Tuesday, in which the average price is 55.67 eurosmeaning that the ‘pool’ costs 20.05 euros less.
It must be taken into account that these prices are those set for the wholesale market, and differ from those known as the Voluntary Price for Small Consumers (PVPC), which is the amount paid to consumers with an indexed rate in the free market and will be known late in the afternoon when Red Eléctrica publishes it.
What time is electricity cheaper this Wednesday?
The cheapest time will be from 3:00 p.m. to 4:00 p.m., when the price drops to 14.22 euros. The rest of the sections at lower prices accumulate in the central hours of the day.
When is electricity most expensive this Wednesday?
The maximum peak of electricity, on the other hand, will be from 9:00 p.m. to 10:00 p.m. when it will reach 112.07 euros, although there will be sections at high prices at different times of the day.
Price of electricity by hours, Wednesday, April 29
After a new increase, knowing when the electricity rate will be at its most economical can mean considerable savings on the bill. The following list shows the price of electricity hour by hour on Wednesday, April 29, 2026:
| Hour | Price (euros/MWh) |
|---|---|
| 00:00 – 01:00 | 98.53 |
| 01:00 – 02:00 | 92.60 |
| 02:00 – 03:00 | 89.75 |
| 03:00 – 04:00 | 89.34 |
| 04:00 – 05:00 | 89.14 |
| 05:00 – 06:00 | 91.48 |
| 06:00 – 07:00 | 106.12 |
| 07:00 – 08:00 | 108.30 |
| 08:00 – 09:00 | 105.15 |
| 09:00 – 10:00 | 97.75 |
| 10:00 – 11:00 | 93.68 |
| 11:00 – 12:00 | 64.43 |
| 12:00 – 13:00 | 42.51 |
| 13:00 – 14:00 | 29.25 |
| 14:00 – 15:00 | 21.87 |
| 15:00 – 16:00 | 14.22 |
| 16:00 – 17:00 | 17.75 |
| 17:00 – 18:00 | 29.30 |
| 18:00 – 19:00 | 40.16 |
| 19:00 – 20:00 | 78.00 |
| 20:00 – 21:00 | 101.72 |
| 21:00 – 22:00 | 112.07 |
| 22:00 – 23:00 | 102.88 |
| 23:00 – 24:00 | 101.31 |
Evolution of the price of electricity during the first 29 days of April
During the first 29 days of April, the average price of electricity has been 41.69 euros/MWh, so it can be said that we now pay 14.97 euros more on average than a year ago, when the average was 26.72 euros/MWh.
Compared to a year ago, electricity is 69.93 euros more expensive (1,207.19% more), and the average April 29, 2025 was 5.79 euros.
| 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 |
| April 5 | 24.42 | 23.15 | -1.27 |
| April 6 | 26.56 | 19.40 | -7.16 |
| April 7 | 56.14 | 33.48 | -22.66 |
| April 8 | 47.67 | 63.21 | 15.54 |
| April 9 | 31.98 | 53.20 | 21,22 |
| April 10 | 19.20 | 44.48 | 19.20 |
| April 11 | 18.35 | 28.91 | 10.56 |
| April 12 | 27.01 | 13.33 | -13.68 |
| April 13 | 18.35 | 23.81 | 5.46 |
| April 14 | 24.54 | 45.97 | 21.43 |
| April 15 | 11.73 | 59.90 | 48.17 |
| April 16 | 12,14 | 69.33 | 57.19 |
| April 17 | 21.94 | 70.87 | 48.93 |
| April 18 | 12.35 | 46.56 | 34.21 |
| April 19 | 1.72 | 36.22 | 34.50 |
| April 20 | 10.71 | 50.85 | 40.14 |
| April 21 | 49.09 | 45.28 | -3.81 |
| April 22 | 64.39 | 49 | -15.39 |
| April 23 | 44.23 | 49.08 | 4.85 |
| April 24 | 43.53 | 72.64 | 29.11 |
| April 25 | 48.17 | 50.79 | 2.62 |
| April 26 | 5.54 | 35.30 | 29.76 |
| April 27 | 10.98 | 46.99 | 36.10 |
| April 28 | 18.50 | 55.67 | 37.17 |
| April 29 | 5.79 | 75.72 | 69.93 |
The reinforcement of the electrical system also makes electricity more expensive in Spain
The price of electricity in Spain does not depend solely on international factors such as conflicts in the Middle East. After the great electricity blackout of 2025, the system has become more demanding to avoid new failures, which is having a direct impact on the electricity bill.
To ensure stability, backup power plants (mainly gas) and so-called adjustment services, which balance supply and demand in real time, are more frequently used. Although the price of the wholesale market may decrease in times of high renewable production, these mechanisms have a high cost that ends up having an impact on the consumer.
Furthermore, the greater weight of renewable energies such as solar and wind introduces more variability into the system. This forces more technical adjustments to be made to keep the network stable, which increases costs and causes electricity to combine very cheap hours with higher price peaks.