The average price of electricity for this Thursday, May 21, 2026 for consumers with a regulated or indexed tariff in the free market drops slightly and stands at 138.31 euros per megawatt hour (MWh), as can be seen from the data published by Red Eléctrica. In this way, electricity is paid 1.32% more expensive than this Wednesday in which its price was 140.16 euros That is to say, it costs 1.85 euros less.
It must be taken into account that these prices are what is known as Voluntary Price for Small Consumers (PVPC) which differs from what is paid in the wholesale market in that it includes other concepts such as taxes and tolls.
The price of electricity today, Friday, May 22, 2026 in the PVPC increases with several bands that exceed 200 euros
The price of electricity on Friday, May 22, drops slightly but 6 strips still exceed 100 euros
What time is electricity cheaper today, Thursday, May 21?
The cheapest time is from 5:00 p.m. to 6:00 p.m., with a price of 56.78 euros, and the rest of the more affordable sections are distributed in the early afternoon.
When is electricity most expensive this Thursday, May 21?
The maximum peak of electricity, on the other hand, is between 9:00 p.m. and 10:00 p.m. with a price of 274.09 euros. There will only be three bands that exceed the 200 euro barrier.
Hourly electricity price Thursday, May 21 (PVPC)
Despite the low electricity prices continue to have high values, making use of the appliances that consume the most at the cheapest times of day can mean significant savings. To do this, it is advisable to review the PVPC hour by hour for Thursday, April 21, which is shown in the following list
- 00:00 to 01:00: 153.26 euros/MWh
- 01:00 to 02:00: 139.33 euros/MWh
- 02:00 to 03:00: 137.82 euros/MWh
- 03:00 to 04:00: 129.28 euros/MWh
- 04:00 to 05:00: 124.76 euros/MWh
- 05:00 to 06:00: 133.28 euros/MWh
- 06:00 to 07:00: 144.17 euros/MWh
- 07:00 to 08:00: 156.61 euros/MWh
- 08:00 to 09:00: 146.61 euros/MWh
- 09:00 to 10:00: 71.44 euros/MWh
- 10:00 to 11:00: 124.99 euros/MWh
- 11:00 to 12:00: 126.78 euros/MWh
- 12:00 to 13:00: 126.31 euros/MWh
- 1:00 p.m. to 2:00 p.m.: 125.87 euros/MWh
- 2:00 p.m. to 3:00 p.m.: 57.85 euros/MWh
- 15:00 to 16:00: 58.57 euros/MWh
- 16:00 to 17:00: 59.02 euros/MWh
- 17:00 to 18:00: 56.78 euros/MWh
- 18:00 to 19:00: 135.15 euros/MWh
- 19:00 to 20:00: 197.24 euros/MWh
- 20:00 to 21:00: 246.75 euros/MWh
- 21:00 to 22:00: 274.09 euros/MWh
- 22:00 to 23:00: 204.70 euros/MWh
- 23:00 to 24:00: 188.81 euros/MWh
VAT increase on the electricity bill since June
The Government has confirmed that the VAT on electricity and gas will return to 21% starting next June, ending the tax reduction applied during the energy crisis to contain the impact of rising energy prices on homes and companies. Until now, this tax was kept reduced as an extraordinary measure to alleviate the cost of bills.
The recovery of the general VAT rate will mean a direct increase in the final amount that consumers pay for electricity and gas. Although the increase will vary depending on consumption and the contracted rate, the tax increase will affect both domestic users and businesses, especially in a context in which the price of electricity continues to register constant variations.
The Executive justifies this measure in the stabilization of energy prices and the moderation of inflation in recent months. Even so, the Government will maintain other aid linked to the energy sector, such as the electric social bonus and certain support measures for groups and sectors especially affected by the increase in costs.