For tomorrow, Sunday, March 1, 2026, the price of electricity will be 15 euros per megawatt hour (€/MWh). This is reflected in the data from the Iberian Energy Market Operator (OMIE), where the average cost of electricity has risen slightly by 3.45% compared to the price of electricity this Saturdaylocated at €14.50/MWh.
This price affects consumers with a regulated PVPC rate or indexed rate in the free market, but taking into account that no tolls or other taxes are applied. This price will be announced at the end of the day through Red Eléctrica.
At what time is electricity cheaper?
The cheapest hours of electricity will occur from 12:00 to 15:00, when it will be paid at -2.10 euros/MWh. The next cheapest time slots to take into account will be between 3:00 p.m. and 4:00 p.m., at a price of -2.08 euros/MWh.
At what time is electricity most expensive?
The most expensive hour will be between 8:00 p.m. and 9:00 p.m., with a price of 35.01 euros/MWh. While other time slots to avoid to save will take place between 7:00 p.m. and 8:00 p.m., at a price of 33.77 euros/MWh.
Hourly electricity price, March 1
Although the trend in recent days has been upward, it is still necessary to consult the hourly price to save as much as possible during tomorrow’s trading. Consumption must be adjusted within the 24 time slots, which can be achieved based on the hour-by-hour price of electricity on Sunday, March 1, 2026, through the following graph and list prepared with OMIE data:
- 00:00 to 01:00: 32.47 euros/MWh
- 01:00 to 02:00: 31.13 euros/MWh
- 02:00 to 03:00: 24.17 euros/MWh
- 03:00 to 04:00: 23.00 euros/MWh
- 04:00 to 05:00: 23.00 euros/MWh
- 05:00 to 06:00: 23.00 euros/MWh
- 06:00 to 07:00: 23.92 euros/MWh
- 07:00 to 08:00: 23.88 euros/MWh
- 08:00 to 09:00: 17.20 euros/MWh
- 09:00 to 10:00: 1.25 euros/MWh
- 10:00 to 11:00: -0.33 euros/MWh
- 11:00 to 12:00: -1.93 euros/MWh
- 12:00 to 13:00: -2.10 euros/MWh
- 1:00 p.m. to 2:00 p.m.: -2.10 euros/MWh
- 2:00 p.m. to 3:00 p.m.: -2.10 euros/MWh
- 15:00 to 16:00: -2.08 euros/MWh
- 16:00 to 17:00: -1.33 euros/MWh
- 17:00 to 18:00: -0.34 euros/MWh
- 18:00 to 19:00: 7.05 euros/MWh
- 19:00 to 20:00: 33.77 euros/MWh
- 20:00 to 21:00: 35.01 euros/MWh
- 21:00 to 22:00: 28.85 euros/MWh
- 22:00 to 23:00: 26.54 euros/MWh
- 23:00 to 24:00: 18.08 euros/MWh
Evolution of the price of electricity and comparison
The month of March begins with an electricity price of 15 euros/MWh. If we compare it with the price of electricity a year ago, on March 1, 2025, when the pool stood at 65.83 euros/MWh, we can see how it has fallen by 77.2% a year later. A decrease that, in this case, could benefit users with regulated or indexed rates within the free market.
| Date | 2025 | 2026 | Difference in euros/MWh |
|---|---|---|---|
| March 1 | 65.83 | 15 | -50.83 |