He average price of electricity on Saturday, December 21, 2024 is 94.73 euros per megawatt hour (€/MWh)according to data published by the Iberian Energy Market Operator (OMIE). With this, electricity drops by 17.14%, about 19.94 euros, compared to the electricity rate registered this Friday, set at 114.67 euros/MWh.
If we look at the price from a year ago, the price of electricity on December 21, 2023 was 53.20 euros, which means that we now pay 78.06% more, about 41.53 euros. In this way, the light begins to go down before the Christmas holidays, but once again having to pay attention to the last hours of the day, which will be the most expensive.
When is electricity cheaper today, Saturday?
The cheapest time on Saturday will be at noon, between 2:00 p.m. and 3:00 p.m., with an average price of 35.07 euros. Within the 24 time slots, the cheapest will be between 10:00 and 17:00, with an average price of 56.11 euros/MWh.
When is electricity most expensive?
The most expensive hours will be at night, between 8:00 p.m. and 10:00 p.m.with a price of 133.48 euros/MWh. Furthermore, we must avoid the hours between 7:00 p.m. and 8:00 p.m., which will have a price of €133.24/MWh.
Price of electricity per hour, December 21
For this Saturday’s day, the cheapest hours will take place in the central hours of the day, while the most expensive hours will be concentrated during the last hours. To save on your electricity bill, it is advisable to check the price hour by hour, which can be done in the following list offered by the OMIE:
- From 00:00 to 01:00: 125.8 euros/MWh
- From 01:00 to 02:00: 112.76 euros/MWh
- From 02:00 to 03:00: 97.0 euros/MWh
- From 03:00 to 04:00: 87.3 euros/MWh
- From 04:00 to 05:00: 87.09 euros/MWh
- From 05:00 to 06:00: 86.88 euros/MWh
- From 06:00 to 07:00: 90.8 euros/MWh
- From 07:00 to 08:00: 108.59 euros/MWh
- From 08:00 to 09:00: 114.98 euros/MWh
- From 09:00 to 10:00: 95.0 euros/MWh
- From 10:00 to 11:00: 80.0 euros/MWh
- From 11:00 to 12:00: 43.0 euros/MWh
- From 12:00 to 13:00: 36.09 euros/MWh
- From 1:00 p.m. to 2:00 p.m.: 35.78 euros/MWh
- From 2:00 p.m. to 3:00 p.m.: 35.07 euros/MWh
- From 3:00 p.m. to 4:00 p.m.: 38.98 euros/MWh
- From 16:00 to 17:00: 85.0 euros/MWh
- From 17:00 to 18:00: 126.2 euros/MWh
- From 18:00 to 19:00: 130.12 euros/MWh
- From 19:00 to 20:00: 133.24 euros/MWh
- From 20:00 to 21:00: 133.48 euros/MWh
- From 9:00 p.m. to 10:00 p.m.: 133.48 euros/MWh
- From 22:00 to 23:00: 130.01 euros/MWh
- From 23:00 to 24:00: 126.78 euros/MWh