The average price of electricity for this Friday, October 24, 2025, shoots up to 91.83 euros per megawatt hour (MWh) in the wholesale market, according to the latest data published by the Iberian Energy Market Operator (OMIE). This represents an increase of 289.28% compared to the price of this Thursday, which is 23.59 eurosThat is, 68.24 more will be paid per megawatt on average.
If compared to the previous year, electricity is more expensive, and the October 24, 2024 its price was 70.19 eurosthat is, it has increased by 30.83%.
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Price of electricity tomorrow, Saturday, October 25, by hour: when is it cheapest and most expensive on the day?
The price of electricity today, Friday, October 24, 2025: the cheapest and most expensive hours within the PVPC
It must be taken into account that this price is the one that affects the wholesale market. The PVPC that applies to consumers with a regulated or indexed rate in the free market will be known at the end of the afternoon after publication by Red Eléctrica.
When is electricity cheaper this Friday?
The cheapest hour of electricity will be from 3:00 p.m. to 4:00 p.m., in which the price will drop to 15.87 euros, with the rest of the sections between midday and early afternoon being the cheapest of the day.
When is electricity most expensive?
The maximum peak of electricity, on the contrary, will be between 8:00 p.m. and 9:00 p.m., when 161.92 euros will be paid, with a similar price being reached between 8:00 a.m. and 9:00 a.m., which will cost 160.68 euros.
Price of electricity by hour Friday, October 24
After this sharp rise, adjusting consumption to the most affordable times of the day becomes the best way to save on your electricity bill. The following list shows the hour-by-hour price of electricity on Friday, October 24, 2025 for the wholesale market:
- 00:00 to 01:00:€101.85/MWh
- 01:00 to 02:00:€92.51/MWh
- 02:00 to 03:00:€88.63/MWh
- 03:00 to 04:00:€87.64/MWh
- 04:00 to 05:00:€87.84/MWh
- 05:00 to 06:00:€90.74/MWh
- 06:00 to 07:00:€105.9/MWh
- 07:00 to 08:00:€134.67/MWh
- 08:00 to 09:00:€160.68/MWh
- 09:00 to 10:00:€133.3/MWh
- 10:00 to 11:00:€93.69/MWh
- 11:00 to 12:00:€62.51/MWh
- 12:00 to 13:00:€46.22/MWh
- 1:00 p.m. to 2:00 p.m.: €28.9/MWh
- 14:00 to 15:00:€16.13/MWh
- 15:00 to 16:00:€15.87/MWh
- 16:00 to 17:00:€31.94/MWh
- 17:00 to 18:00:€65.32/MWh
- 18:00 to 19:00: €102.48/MWh
- 19:00 to 20:00:€126.58/MWh
- 20:00 to 21:00:€161.92/MWh
- 21:00 to 22:00:€149.93/MWh
- 22:00 to 23:00:€114.69/MWh
- 23:00 to 24:00:€103.96/MWh