The average price of electricity tomorrow, Friday, February 20, 2026, will be 28.38 euros per megawatt hour (MWh) in the wholesale market, according to data published by the Iberian Energy Market Operator (OMIE). Unlike in recent days, electricity it shoots up 90.87% compared to Thursdayand 13.51 euros more will be paid for the ‘pool’.
As a reminder, note that this amount refers to the price in the wholesale market, which does not include concepts such as taxes or tolls. These are included in the Voluntary Price for Small Consumers (PVPC), which is the one that affects consumers with a regulated or indexed rate in the free market and is published late in the afternoon by Red Eléctrica.
When is electricity cheaper this Friday?
The cheapest hour of electricity will be from 1:00 p.m. to 4:00 p.m., with a price of -1.00 euros/MWh. The cheapest periods of electricity can be used without problems, as they occur between the morning and mid-afternoon, and 7 of them will have a cost of less than one euro.
When is electricity most expensive tomorrow, Friday?
The maximum price of electricity will occur from 8:00 p.m. to 9:00 p.m., at which time it will reach 100.54 euros/MWh. The most expensive hours of electricity will occur mainly between mid-afternoon and late at night, although there will be some rebound in the early morning.
Price of electricity by hour, Friday, February 20
Many consumers look at the evolution of electricity throughout the day to adjust their consumption and thus save on their bill. Especially on days where it goes up, like this one. Thus, this will be the price of electricity hour by hour on Friday, February 20, 2026 in the wholesale market:
- 00:00 to 01:00: 24.94 euros/MWh
- 01:00 to 02:00: 20.38 euros/MWh
- 02:00 to 03:00: 12.45 euros/MWh
- 03:00 to 04:00: 7.26 euros/MWh
- 04:00 to 05:00: 6.89 euros/MWh
- 05:00 to 06:00: 9.80 euros/MWh
- 06:00 to 07:00: 24.03 euros/MWh
- 07:00 to 08:00: 61.39 euros/MWh
- 08:00 to 09:00: 54.29 euros/MWh
- 09:00 to 10:00: 7.45 euros/MWh
- 10:00 to 11:00: -0.15 euros/MWh
- 11:00 to 12:00: -0.68 euros/MWh
- 12:00 to 13:00: -0.93 euros/MWh
- 1:00 p.m. to 2:00 p.m.: -1.00 euros/MWh
- 14:00 to 15:00: -0.99 euros/MWh
- 15:00 to 16:00: -0.93 euros/MWh
- 16:00 to 17:00: -0.29 euros/MWh
- 17:00 to 18:00: 9.41 euros/MWh
- 18:00 to 19:00: 59.10 euros/MWh
- 19:00 to 20:00: 93.46 euros/MWh
- 20:00 to 21:00: 100.54 euros/MWh
- 9:00 p.m. to 10:00 p.m.: 96.02 euros/MWh
- 22:00 to 23:00: 60.07 euros/MWh
- 23:00 to 24:00: 38.68 euros/MWh
Evolution of the price of electricity during these 20 days of February
With only 8 days left until the end of the month, the average price during these first 20 days of February has been 12.66 euros/MWh, which means that electricity is now 104.22 euros cheaper than compared to a year ago, when the average price was €116.88/MWh.
If today’s day is compared to just a year ago, a significant decrease of 67.59% can be seen. It is so because February 20, 2025 The price of electricity stood at €87.57/MWh, while the price today stands at €28.38/MWh, which represents a drop of €59.19 compared to the same date last year.
| Date | 2025 | 2026 | Difference in euros/MWh |
|---|---|---|---|
| February 1 | 95.26 | 24.58 | -70.68 |
| February 2 | 124.74 | 13.83 | -110.91 |
| February 3 | 133.05 | 32.74 | -100.31 |
| February 4 | 143.39 | 17.22 | -126.17 |
| February 5 | 117.51 | 6.3 | -111.21 |
| February 6 | 138.6 | 9.39 | -129.21 |
| February 7 | 117.87 | 6.86 | -111.01 |
| February 8 | 105.1 | 5.92 | -99.18 |
| February 9 | 109.6 | 20.95 | -88.65 |
| February 10 | 139.74 | 4.7 | -135.04 |
| February 11 | 133.16 | 4.23 | -128.93 |
| February 12 | 119.86 | 5.7 | -114.16 |
| February 13 | 130.98 | 4.42 | -126.46 |
| February 14 | 121.07 | 2.13 | -118.94 |
| February 15 | 90.43 | 1.55 | -88.88 |
| February 16 | 88.22 | 4.4 | -83.82 |
| February 17 | 138.17 | 26.78 | -111.39 |
| February 18 | 79.73 | 18.24 | -61.47 |
| February 19 | 123.56 | 14.87 | 108.69 |
| February 20 | 87.57 | 28.38 | 59.19 |