The average price of electricity will be 0.2274 euros per kilowatt hour (€227.36/MWh) for this Monday, October 19, 2026, according to the latest data provided by Red Eléctrica. Thus, the electricity rate becomes 62.77% more expensive (€0.0877/kWh) compared to this Sunday, when the average cost was €0.1397/kWh (€139.68/MWh)also being 111.31% more expensive than a year ago, when its price was €0.1076/kWh (€107.60/MWh).
It is necessary to remember 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.
The cheapest hours for this Monday, October 19
The cheapest hour will be from 02:00 to 03:00, with a price of €0.1296/kWh (€129.55/MWh). Specifically, the valley area or where it will be cheaper to turn on the appliances will be at night and early morning, especially between 00:00 and 05:00.
The most expensive hours for Monday, October 19
The most expensive hour will be from 8:00 p.m. to 9:00 p.m., with a price of €0.3832/kWh (€383.21/MWh). The late afternoon and evening hours will be the worst time to plug in any appliance, especially between 6:00 p.m. and 10:00 p.m., since that is where the most expensive hours are concentrated.
Hourly electricity price, Monday, October 19
Analyzing the increase in the average price of electricity, the difference in amounts between sections changes quite a bit compared to the previous day, and 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 for Monday, October 19, to know more precisely at what times to consume more or less electricity during the day:
| Hour | Euros per kWh | Euros per MWh |
|---|---|---|
| 00:00 to 01:00 | €0.1353/kWh | €135.29/MWh |
| 01:00 to 02:00 | €0.1298/kWh | €129.79/MWh |
| 02:00 to 03:00 (the cheapest) | €0.1296/kWh | €129.55/MWh |
| 03:00 to 04:00 | €0.1314/kWh | €131.39/MWh |
| 04:00 to 05:00 | €0.1315/kWh | €131.51/MWh |
| 05:00 to 06:00 | €0.1451/kWh | €145.09/MWh |
| 06:00 to 07:00 | €0.1778/kWh | €177.84/MWh |
| 07:00 to 08:00 | €0.2192/kWh | €219.19/MWh |
| 08:00 to 09:00 | €0.2996/kWh | €299.63/MWh |
| 09:00 to 10:00 | €0.2706/kWh | €270.63/MWh |
| 10:00 to 11:00 | €0.2960/kWh | €296.03/MWh |
| 11:00 to 12:00 | €0.2417/kWh | €241.69/MWh |
| 12:00 to 13:00 | €0.2194/kWh | €219.38/MWh |
| 1:00 p.m. to 2:00 p.m. | €0.2200/kWh | €220.02/MWh |
| 2:00 p.m. to 3:00 p.m. | €0.1588/kWh | €158.77/MWh |
| 15:00 to 16:00 | €0.1677/kWh | €167.74/MWh |
| 16:00 to 17:00 | €0.1961/kWh | €196.14/MWh |
| 17:00 to 18:00 | €0.2392/kWh | €239.19/MWh |
| 18:00 to 19:00 | €0.3492/kWh | €349.24/MWh |
| 19:00 to 20:00 | €0.3718/kWh | €371.84/MWh |
| 8:00 p.m. to 9:00 p.m. (the most expensive) | €0.3832/kWh | €383.21/MWh |
| 9:00 p.m. to 10:00 p.m. | €0.3519/kWh | €351.88/MWh |
| 22:00 to 23:00 | €0.2537/kWh | €253.67/MWh |
| 23:00 to 24:00 | €0.2380/kWh | €237.96/MWh |
Price of electricity in the wholesale market
Regarding data from the Iberian Energy Market Operator (OMIE), the price of electricity also rises this Monday, reaching 215.11 euros per megawatt hour (€/MWh). The increase is 138.83 euros compared to Sunday, when the average cost was 76.28 euros/MWh.
The price of electricity on Friday, October 23, drops, but there are only three sections at less than 100 euros
Price of electricity Thursday, October 22, 2026: cheapest and most expensive hours
Regarding the time slots, the lowest price occurs between 02:00 and 03:00, with a price of 168.87 euros/MWh. On the contrary, electricity will be more expensive from 8:00 p.m. to 9:00 p.m., when electricity will reach 296.93 euros/MWh. Here you can check the evolution in the wholesale market during this day:
- 00:00 to 01:00: €0.1761/kWh (€176.08/MWh)
- 01:00 to 02:00: €0.1705/kWh (€170.46/MWh)
- 02:00 to 03:00: €0.1689/kWh (€168.87/MWh) (the cheapest)
- 03:00 to 04:00: €0.1703/kWh (€170.34/MWh)
- 04:00 to 05:00: €0.1710/kWh (€170.98/MWh)
- 05:00 to 06:00: €0.1851/kWh (€185.14/MWh)
- 06:00 to 07:00: €0.2145/kWh (€214.52/MWh)
- 07:00 to 08:00: €0.2296/kWh (€229.63/MWh)
- 08:00 to 09:00: €0.2675/kWh (€267.47/MWh)
- 09:00 to 10:00: €0.2492/kWh (€249.19/MWh)
- 10:00 to 11:00: €0.2258/kWh (€225.75/MWh)
- 11:00 to 12:00: €0.1844/kWh (€184.38/MWh)
- 12:00 to 13:00: €0.1690/kWh (€168.99/MWh)
- 1:00 p.m. to 2:00 p.m.: €0.1705/kWh (€170.46/MWh)
- 14:00 to 15:00: €0.1761/kWh (€176.08/MWh)
- 15:00 to 16:00: €0.1838/kWh (€183.75/MWh)
- 16:00 to 17:00: €0.2065/kWh (€206.49/MWh)
- 17:00 to 18:00: €0.2457/kWh (€245.70/MWh)
- 18:00 to 19:00: €0.2722/kWh (€272.22/MWh)
- 19:00 to 20:00: €0.2836/kWh (€283.57/MWh)
- 20:00 to 21:00: €0.2969/kWh (€296.93/MWh) (the most expensive)
- 21:00 to 22:00: €0.2749/kWh (€274.89/MWh)
- 22:00 to 23:00: €0.2429/kWh (€242.89/MWh)
- 23:00 to 24:00: €0.2280/kWh (€228.00/MWh)
Evolution of the price of electricity during the month of October
| Date | Wholesale market, OMIE | Regulated rate, PVPC |
|---|---|---|
| 10/01/2026 (Thursday) | €152.01/MWh | €0.2061/kWh |
| 10/02/2026 (Friday) | €177.72/MWh | €0.2207/kWh |
| 03/10/2026 (Saturday) | €166.60/MWh | €0.1693/kWh |
| 10/04/2026 (Sunday) | €171.85/MWh | €0.1740/kWh |
| 10/05/2026 (Monday) | €196.88/MWh | €0.2230/kWh |
| 06/10/2026 (Tuesday) | €201.99/MWh | €0.2182/kWh |
| 10/07/2026 (Wednesday) | €182.33/MWh | €0.2099/kWh |
| 10/08/2026 (Thursday) | €106.90/MWh | €0.1834/kWh |
| 10/09/2026 (Friday) | €107.37/MWh | €0.1878/kWh |
| 10/10/2026 (Saturday) | €130.00/MWh | €0.1553/kWh |
| 10/11/2026 (Sunday) | €141.49/MWh | €0.1626/kWh |
| 10/12/2026 (Monday) | €151.76/MWh | €0.1667/kWh |
| 10/13/2026 (Tuesday) | €166.63/MWh | €0.2082/kWh |
| 10/14/2026 (Wednesday) | €186.44/MWh | €0.2214/kWh |
| 10/15/2026 (Thursday) | €193.11/MWh | €0.2209/kWh |
| 10/16/2026 (Friday) | €191.64/MWh | €0.2154/kWh |
| 10/17/2026 (Saturday) | €107.15/MWh | €0.1443/kWh |
| 10/18/2026 (Sunday) | €76.28/MWh | €0.1397/kWh |
| 10/19/2026 (Monday) | €215.11/MWh | €0.2274/kWh |
| Average from October 1 to 19 | €159.12/MWh | €0.1923/kWh |