Price of electricity tomorrow, January 16 by hour: when is it cheapest and most expensive

Price of electricity tomorrow, January 16 by hour: when is it cheapest and most expensive

He average price of electricity for Thursday, January 16, 2025, is 135.09 euros per megawatt hour (euros/MWh)according to official data published by the Iberian Energy Market Operator (OMIE). In this way, the electricity rate drops slightly by 3.97%, which translated into the pocket is about 5.59 euros cheaper, since the price of electricity this Tuesday was 140.68 euros.

The electricity rate remains expensive despite this drop. If we look at the price of electricity a year ago, on January 16, 2024, the pool was set at 90.12 euros/MWh, which represents an increase of 49.90%, about 44.97 euros compared to at this Thursday’s price.

When is electricity cheaper this Thursday?

This Thursday the cheapest hour will take place at dawn, between 03:00 and 04:00 hourswhen will it be paid 108.58 euros/MWh. Within daytime hours, the most economical time will be between 11:00 and 12:00 with a cost of 114 euros/MWh.

When is electricity most expensive?

He maximum electricity price will be registered in the morning, between 08:00 and 09:00 hourswhen will it reach the 199.94 euros/MWh. After this, also avoid the time located in the afternoon, between 6:00 p.m. and 7:00 p.m., with a price of 184.32 euros

Hourly electricity price Thursday, January 16

To save as much as possible on your electricity bill, it is best to know the evolution of the price of electricity by hour. In this way we can know which are the cheapest sections and thus save on the next electricity bill. In this way, you can plan the use of appliances at those times and optimize their consumption, something that can be consulted in the following list.

  • From 00:00 to 00:00: 124.33 euros/MWh
  • From 01:00 to 02:00: 118.41 euros/MWh
  • From 02:00 to 03:00: 114.0 euros/MWh
  • From 03:00 to 04:00: 108.58 euros/MWh
  • From 04:00 to 05:00: 108.59 euros/MWh
  • From 05:00 to 06:00: 118.1 euros/MWh
  • From 06:00 to 07:00: 130.8 euros/MWh
  • From 07:00 to 08:00: 148.04 euros/MWh
  • From 08:00 to 09:00: 199.94 euros/MWh
  • From 09:00 to 10:00: 155.11 euros/MWh
  • From 10:00 to 11:00: 129.9 euros/MWh
  • From 11:00 to 12:00: 114.0 euros/MWh
  • From 12:00 to 13:00: 116.0 euros/MWh
  • From 1:00 p.m. to 2:00 p.m.: 120.5 euros/MWh
  • From 2:00 p.m. to 3:00 p.m.: 115.14 euros/MWh
  • From 3:00 p.m. to 4:00 p.m.: 119.64 euros/MWh
  • From 16:00 to 17:00: 120.34 euros/MWh
  • From 17:00 to 18:00: 148.04 euros/MWh
  • From 18:00 to 19:00: 184.32 euros/MWh
  • From 19:00 to 20:00: 179.97 euros/MWh
  • From 20:00 to 21:00: 159.6 euros/MWh
  • From 9:00 p.m. to 10:00 p.m.: 148.33 euros/MWh
  • From 22:00 to 23:00: 136.02 euros/MWh
  • From 23:00 to 24:00: 124.44 euros/MWh