The average price of electricity in the PVPC (Voluntary Price for Small Consumers) drops again for this weekend, and this Saturday, November 7, it stands at 0.2056 euros/kWh or 205.64 euros/MWh. When compared to that of Friday, November 6, a decrease of 16.67% can be seen since at that time, the average was 0.2468 euros/kWh or 246.78 euros/MWh.
Compared to the same day but in 2025, electricity is 34.15% more expensive. Despite this drop in the electricity cost, 13 hours will remain above 200 euros/MWh with the two most economical hours at noon, from 1:00 p.m. to 3:00 p.m. where an average of 0.1300 euros/kWh (129.99 euros/MWh) will be paid. And, although there will be times when they exceed 200 euros, 12 hours will be below the average price (from 1:00 to 6:00 and from 10:00 to 17:00).
It is important to know that these data correspond to the PVPC and are different from those published at midday by the OMIE, which are those of the wholesale market and are cheaper as they do not include tolls or taxes.
When is electricity cheaper
The cheapest hour will be from 1:00 p.m. to 2:00 p.m., with a price of €0.1289/kWh (€128.89/MWh).
When will electricity be more expensive this Saturday?
The most expensive hour will be from 6:00 p.m. to 7:00 p.m., with a price of €0.2774/kWh (€277.40/MWh).
Price of electricity by hour, Saturday, November 7
To save on your electricity bill, it is good to know the price of electricity hour by hour during the 24 time slots of the day. This is possible by consulting the data that appears in the following graph and in the table, and which is official from Red Eléctrica.
| Hour | Euros per kWh | Euros per MWh |
|---|---|---|
| 00:00 to 01:00 | €0.2258/kWh | €225.81/MWh |
| 01:00 to 02:00 | €0.2032/kWh | €203.22/MWh |
| 02:00 to 03:00 | €0.1998/kWh | €199.76/MWh |
| 03:00 to 04:00 | €0.1916/kWh | €191.57/MWh |
| 04:00 to 05:00 | €0.1878/kWh | €187.79/MWh |
| 05:00 to 06:00 | €0.1882/kWh | €188.15/MWh |
| 06:00 to 07:00 | €0.2084/kWh | €208.44/MWh |
| 07:00 to 08:00 | €0.2293/kWh | €229.32/MWh |
| 08:00 to 09:00 | €0.2282/kWh | €228.19/MWh |
| 09:00 to 10:00 | €0.2142/kWh | €214.23/MWh |
| 10:00 to 11:00 | €0.1710/kWh | €171.03/MWh |
| 11:00 to 12:00 | €0.1547/kWh | €154.69/MWh |
| 12:00 to 13:00 | €0.1356/kWh | €135.55/MWh |
| 1:00 p.m. to 2:00 p.m. (the cheapest) | €0.1289/kWh | €128.89/MWh |
| 2:00 p.m. to 3:00 p.m. | €0.1311/kWh | €131.09/MWh |
| 15:00 to 16:00 | €0.1553/kWh | €155.27/MWh |
| 16:00 to 17:00 | €0.1843/kWh | €184.32/MWh |
| 17:00 to 18:00 | €0.2433/kWh | €243.25/MWh |
| 18:00 to 19:00 (the most expensive) | €0.2774/kWh | €277.40/MWh |
| 19:00 to 20:00 | €0.2737/kWh | €273.74/MWh |
| 20:00 to 21:00 | €0.2768/kWh | €276.82/MWh |
| 9:00 p.m. to 10:00 p.m. | €0.2753/kWh | €275.34/MWh |
| 22:00 to 23:00 | €0.2425/kWh | €242.45/MWh |
| 23:00 to 24:00 | €0.2091/kWh | €209.05/MWh |
Price of electricity in the wholesale market
The weekend begins with a drop in the price of electricity in the wholesale market, which stands at 232.58 euros per megawatt hour (€0.2326/kWh), as shown in the data published by the Iberian Energy Market Operator (OMIE). This means that the ‘pool’ is paid 5.31% cheaper than this Friday, in which the price was 245.63 euros.
The price of electricity for Friday, November 6, 2026: the cheapest and most expensive hours
The price of electricity for Thursday, November 5, 2026: the cheapest and most expensive hours
The cheapest hour of electricity drops compared to Friday and will be from 1:00 p.m. to 2:00 p.m., when it will have a price of €0.1710/kWh (€171.03/MWh), with only two more sections below 180 euros. The most expensive hour will be between 9:00 p.m. and 10:00 p.m., €0.2857/kWh (€285.68/MWh).
| Hour | Euros per kWh | Euros per MWh |
|---|---|---|
| 00:00 to 01:00 | €0.2542/kWh | €254.22/MWh |
| 01:00 to 02:00 | €0.2376/kWh | €237.59/MWh |
| 02:00 to 03:00 | €0.2362/kWh | €236.18/MWh |
| 03:00 to 04:00 | €0.2298/kWh | €229.76/MWh |
| 04:00 to 05:00 | €0.2268/kWh | €226.75/MWh |
| 05:00 to 06:00 | €0.2266/kWh | €226.59/MWh |
| 06:00 to 07:00 | €0.2366/kWh | €236.63/MWh |
| 07:00 to 08:00 | €0.2486/kWh | €248.64/MWh |
| 08:00 to 09:00 | €0.2487/kWh | €248.68/MWh |
| 09:00 to 10:00 | €0.2387/kWh | €238.67/MWh |
| 10:00 to 11:00 | €0.2044/kWh | €204.40/MWh |
| 11:00 to 12:00 | €0.1916/kWh | €191.63/MWh |
| 12:00 to 13:00 | €0.1752/kWh | €175.19/MWh |
| 1:00 p.m. to 2:00 p.m. (the cheapest) | €0.1710/kWh | €171.03/MWh |
| 2:00 p.m. to 3:00 p.m. | €0.1722/kWh | €172.15/MWh |
| 15:00 to 16:00 | €0.1886/kWh | €188.63/MWh |
| 16:00 to 17:00 | €0.2164/kWh | €216.40/MWh |
| 17:00 to 18:00 | €0.2607/kWh | €260.70/MWh |
| 18:00 to 19:00 | €0.2777/kWh | €277.72/MWh |
| 19:00 to 20:00 | €0.2750/kWh | €275.00/MWh |
| 20:00 to 21:00 | €0.2776/kWh | €277.61/MWh |
| 9:00 p.m. to 10:00 p.m. (the most expensive) | €0.2857/kWh | €285.68/MWh |
| 22:00 to 23:00 | €0.2635/kWh | €263.46/MWh |
| 23:00 to 24:00 | €0.2387/kWh | €238.65/MWh |
Evolution of the price of electricity 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 | €0.2266/kWh |
| 11/03/2026 (Tuesday) | €186.49/MWh | €0.2281/kWh |
| 11/04/2026 (Wednesday) | €246.01/MWh | €0.2534/kWh |
| 11/05/2026 (Thursday) | €238.69/MWh | €0.2494/kWh |
| 11/06/2026 (Friday) | €245.63/MWh | €0.2468/kWh |
| 11/07/2026 (Saturday) | €232.58/MWh | €0.2056/kWh |
| Average from November 1 to 7 | €212.81/MWh | €0.2274/kWh |