The price of electricity rises sharply this Tuesday, November 3, 2026, reaching 0.2281 euros per Kilowatt hour (228.08 euros/MWh), based on the latest data provided by Red Eléctrica regarding the Voluntary Price for Small Consumers (PVPC). In this way, the electricity rate increases by 21.71% compared to the Monday, November 2, when the average cost was €0.1874/kWh (€187.39/MWh)that is, it is paid 40.69 euros more than the previous day in terms of megawatt hours.
It must be remembered that the Voluntary Price for Small Consumers (PVPC) is different from that of the Iberian Energy Market Operator (OMIE), which reflects the price in the wholesale market and is usually lower because it does not include concepts such as taxes and tolls.
When is electricity cheaper this Tuesday?
Regarding the cheapest price of electricity for this Tuesday, it will be given from 2:00 p.m. to 3:00 p.m., with a cost of €0.0460/kWh (€45.96/MWh). After this, the next period with the lowest price will be from 11:00 to 12:00, with a cost of €0.0712/kWh. Although the electricity has a negative price, of 0 euros or very close to this figure, it does not mean that it is free.
When is electricity most expensive this Tuesday?
At the opposite pole, the most expensive hour will be from 6:00 p.m. to 7:00 p.m., with a price of €0.4276/kWh (€427.62/MWh). Close to this time, the next slot with the highest price will be between 8:00 p.m. and 9:00 p.m., with a cost of €0.4224/kWh.
Price of electricity by hour, Tuesday, November 3
With the increase in the average price of electricity this Tuesday, there will be a greater difference in amounts between sections compared to the previous day, so adjusting consumption to the cheapest times of the day can make a big difference in the bill. The following list shows the cost of electricity hour by hour to know more precisely at what times to consume more or less electricity during the day:
- 00:00 to 01:00: €0.2073/kWh (€207.25/MWh)
- 01:00 to 02:00: €0.2110/kWh (€210.96/MWh)
- 02:00 to 03:00: €0.2056/kWh (€205.61/MWh)
- 03:00 to 04:00: €0.1999/kWh (€199.93/MWh)
- 04:00 to 05:00: €0.1995/kWh (€199.45/MWh)
- 05:00 to 06:00: €0.1998/kWh (€199.75/MWh)
- 06:00 to 07:00: €0.2291/kWh (€229.13/MWh)
- 07:00 to 08:00: €0.2746/kWh (€274.55/MWh)
- 08:00 to 09:00: €0.2733/kWh (€273.27/MWh)
- 09:00 to 10:00: €0.1636/kWh (€163.55/MWh)
- 10:00 to 11:00: €0.0967/kWh (€96.73/MWh)
- 11:00 to 12:00: €0.0712/kWh (€71.17/MWh)
- 12:00 to 13:00: €0.0731/kWh (€73.11/MWh)
- 1:00 p.m. to 2:00 p.m.: €0.0817/kWh (€81.73/MWh)
- 2:00 p.m. to 3:00 p.m.: €0.0460/kWh (€45.96/MWh) (the cheapest)
- 15:00 to 16:00: €0.1147/kWh (€114.72/MWh)
- 16:00 to 17:00: €0.2159/kWh (€215.88/MWh)
- 17:00 to 18:00: €0.3142/kWh (€314.20/MWh)
- 18:00 to 19:00: €0.4276/kWh (€427.62/MWh) (the most expensive)
- 19:00 to 20:00: €0.4215/kWh (€421.54/MWh)
- 20:00 to 21:00: €0.4224/kWh (€422.35/MWh)
- 21:00 to 22:00: €0.4180/kWh (€417.95/MWh)
- 22:00 to 23:00: €0.3199/kWh (€319.86/MWh)
- 23:00 to 24:00: €0.2876/kWh (€287.58/MWh)
Price of electricity in the wholesale market
Regarding the data published by the Iberian Energy Market Operator (OMIE) or wholesale market, the average price of electricity increases again for this Monday, November 2, reaching 186.49 euros per megawatt hour (€/MWh). Comparing it with the average cost of the previous day, Monday, November 2, when it reached 177.06 euros, the price of electricity increases by 9.43 euros, representing an increase of 5.32% in electricity.
Analyzing the maximum and minimum peaks of the day, we must know that the cheapest time to turn on any appliance will be from 11:00 to 12:00, with a price of €3.20/MWh. The most expensive hour, meanwhile, will be from 6:00 p.m. to 7:00 p.m., with a price of €309.16/MWh.
Price hour by hour of light for Tuesday, November 3
So that the electricity bill that arrives at the end of the month is not very high, it is important to know the price of electricity hour by hour during the 24 time slots of the day. It must be taken into account that the highest cost of electricity will occur at night and in the early morning, as well as that the best time to save is during midday, as can be seen in the following list and graph prepared with official OMIE data.
The price of electricity for Monday, November 2, 2026: the cheapest and most expensive hours
The price of electricity for Sunday, November 1, 2026: the cheapest and most expensive hours
| Hour | Euros per kWh | Euros per MWh |
|---|---|---|
| 00:00 to 01:00 | €0.2089/kWh | €208.90/MWh |
| 01:00 to 02:00 | €0.2025/kWh | €202.54/MWh |
| 02:00 to 03:00 | €0.1962/kWh | €196.17/MWh |
| 03:00 to 04:00 | €0.1900/kWh | €189.97/MWh |
| 04:00 to 05:00 | €0.1900/kWh | €190.01/MWh |
| 05:00 to 06:00 | €0.1921/kWh | €192.11/MWh |
| 06:00 to 07:00 | €0.2245/kWh | €224.47/MWh |
| 07:00 to 08:00 | €0.2698/kWh | €269.75/MWh |
| 08:00 to 09:00 | €0.2436/kWh | €243.55/MWh |
| 09:00 to 10:00 | €0.1463/kWh | €146.25/MWh |
| 10:00 to 11:00 | €0.0257/kWh | €25.70/MWh |
| 11:00 to 12:00 (the cheapest) | €0.0032/kWh | €3.20/MWh |
| 12:00 to 13:00 | €0.0052/kWh | €5.17/MWh |
| 1:00 p.m. to 2:00 p.m. | €0.0125/kWh | €12.50/MWh |
| 2:00 p.m. to 3:00 p.m. | €0.0402/kWh | €40.16/MWh |
| 15:00 to 16:00 | €0.0983/kWh | €98.32/MWh |
| 16:00 to 17:00 | €0.1911/kWh | €191.12/MWh |
| 17:00 to 18:00 | €0.2787/kWh | €278.74/MWh |
| 18:00 to 19:00 (the most expensive) | €0.3092/kWh | €309.16/MWh |
| 19:00 to 20:00 | €0.3033/kWh | €303.27/MWh |
| 20:00 to 21:00 | €0.3087/kWh | €308.67/MWh |
| 9:00 p.m. to 10:00 p.m. | €0.3024/kWh | €302.40/MWh |
| 22:00 to 23:00 | €0.2809/kWh | €280.88/MWh |
| 23:00 to 24:00 | €0.2527/kWh | €252.70/MWh |
This is the comparison between the price of electricity in the wholesale market (OMIE) and the PVPC:
How the price of electricity has evolved in the month of November
| Date | Wholesale market, OMIE | Regulated rate, PVPC |
|---|---|---|
| 11/01/2026 (Sunday) | €163.19/MWh | €0.1819/kWh |
| 11/02/2026 (Monday) | €177.06/MWh | €0.1874/kWh |
| 11/03/2026 (Tuesday) | €186.49/MWh | €0.2281/kWh |
| Average from November 1 to 3 | €175.58/MWh | €0.1991/kWh |