Price of electricity today, January 21 by hour: when is it cheapest and most expensive

Price of electricity today, January 21 by hour: when is it cheapest and most expensive

He average price of electricity for this Tuesday, January 21, 2025 is 140.60 euros per megawatt hour (euros/MWh) as published by the Iberian Energy Market Operator (OMIE). This represents a drop of 2.98% if the price of electricity this Monday is taken into account, when it cost 144.92 euros/MWh.

When the average price of electricity for this Tuesday is compared with that of last January 21, 2024, there is a upward difference of 54.2%, since at that time electricity was paid at 64.40 euros/MWh.

When is electricity cheaper on Tuesday?

The cheapest hour of electricity This Tuesday will be among the 4:00 and 5:00 hours when are you going to pay 115.30 euros/MWh. It falls at dawn, so keep in mind that there are more time slots throughout the day where you can turn on any appliance and pay less. These are, for example, those that run from 2:00 p.m. to 3:00 p.m., when it will cost 135.25 euros per megawatt hour.

When is electricity most expensive?

He maximum price of electricity will occur between 7:00 p.m. and 8:00 p.m. when will it be reached 164.22 euros/MWh. Other hours where the liz will be more expensive will be concentrated between 8:00 and 9:00, when you will pay 160 euros/MWh. And the thing is that, throughout the day, the electricity cost is not going to drop below 100 euros.

Hourly electricity price on January 21, 2025

The light is going to go down and that’s why it’s good adjust consumption within the 24 time slots of the day. By knowing when electricity is cheaper and more expensive, you can plan the expense and use of appliances that consume the most.

To do this, you can consult the price of electricity during the different periods of the day in the following graph and list prepared with official OMIE data.

  • From 00:00 to 01:00: 136.00 euros/MWh
  • From 01:00 to 02:00: 130.65 euros/MWh
  • From 02:00 to 03:00: 124.35 euros/MWh
  • From 03:00 to 04:00: 117.05 euros/MWh
  • From 04:00 to 05:00: 115.30 euros/MWh
  • From 05:00 to 06:00: 123.83 euros/MWh
  • From 06:00 to 07:00: 138.86 euros/MWh
  • From 07:00 to 08:00: 147.08 euros/MWh
  • From 08:00 to 09:00: 160.00 euros/MWh
  • From 09:00 to 10:00: 155.10 euros/MWh
  • From 10:00 to 11:00: 147.78 euros/MWh
  • From 11:00 to 12:00: 146.69 euros/MWh
  • From 12:00 to 13:00: 144.57 euros/MWh
  • From 1:00 p.m. to 2:00 p.m.: 140.34 euros/MWh
  • From 2:00 p.m. to 3:00 p.m.: 135.25 euros/MWh
  • From 3:00 p.m. to 4:00 p.m.: 135.53 euros/MWh
  • From 16:00 to 17:00: 145.10 euros/MWh
  • From 17:00 to 18:00: 147.29 euros/MWh
  • From 18:00 to 19:00: 150.19 euros/MWh
  • From 19:00 to 20:00: 164.22 euros/MWh
  • From 20:00 to 21:00: 159.50 euros/MWh
  • From 9:00 p.m. to 10:00 p.m.: 147.08 euros/MWh
  • From 22:00 to 23:00: 137.00 euros/MWh
  • From 23:00 to 24:00: 125.75 euros/MWh