The average price of electricity for this Thursday, March 12, 2026 plummets to 71.20 euros per megawatt hour (euros/MWh). Compared to the rate set on Wednesday, March 11, electricity drops by 31.56%, that is, it is paid at 32.83 euros less, since That day the price was 104.03 euros/MWh according to data published by the Iberian Energy Market Operator (OMIE).
What time is electricity cheaper this Thursday?
The cheapest price to consume electricity will be concentrated in the period from 11:00 a.m. to 4:00 p.m., with a price of -0.01 euros/MWh. The next cheapest hour, in which electricity will cost 0.00 euros, will be between 4:00 p.m. and 5:00 p.m. This does not mean that electricity is free during those hours.
When is electricity most expensive this Thursday?
As for the highest price of the day, it will be from 8:00 p.m. to 9:00 p.m. with a price of 169.49 euros/MWh. Another time when it is not recommended to turn on the appliances is between 9:00 p.m. and 10:00 p.m., when it will have a price of 151.97 euros. Here it is important to avoid excessive use of electricity at home.
Price of electricity by hour, Thursday, March 12
To save on your bill, it is important to know the price of electricity hour by hour during the 24 time slots of the day. It must be taken into account that the highest cost of electricity will occur at night and in the early morning, as well as that the best time to save is during midday, as can be seen in the following list and graph prepared with official OMIE data.
- 00:00 to 01:00: 100.47 euros/MWh
- 01:00 to 02:00: 94.24 euros/MWh
- 02:00 to 03:00: 94.45 euros/MWh
- 03:00 to 04:00: 93.67 euros/MWh
- 04:00 to 05:00: 94.13 euros/MWh
- 05:00 to 06:00: 95.00 euros/MWh
- 06:00 to 07:00: 100.41 euros/MWh
- 07:00 to 08:00: 112.39 euros/MWh
- 08:00 to 09:00: 99.88 euros/MWh
- 09:00 to 10:00: 52.15 euros/MWh
- 10:00 to 11:00: 3.87 euros/MWh
- 11:00 to 12:00: -0.01 euros/MWh
- 12:00 to 13:00: -0.01 euros/MWh
- 1:00 p.m. to 2:00 p.m.: -0.01 euros/MWh
- 14:00 to 15:00: -0.01 euros/MWh
- 15:00 to 16:00: -0.01 euros/MWh
- 16:00 to 17:00: 0.00 euros/MWh
- 17:00 to 18:00: 13.02 euros/MWh
- 18:00 to 19:00: 79.84 euros/MWh
- 19:00 to 20:00: 132.38 euros/MWh
- 20:00 to 21:00: 169.49 euros/MWh
- 21:00 to 22:00: 151.97 euros/MWh
- 22:00 to 23:00: 119.19 euros/MWh
- 23:00 to 24:00: 102.27 euros/MWh
Evolution of the price of electricity during the first 12 days of March
During the first 12 days of March, the average price of electricity has been 70.37 euros, so it can be said that we now pay 2.59 euros less on average, since exactly a year ago the average price was 72.96 euros.
Compared to a year ago, today electricity is 23.49% cheaper (21.86 euros less), since the March 12, 2025 The pool price was set at 93.06.
| Date | 2025 | 2026 | Difference in euros/MWh |
|---|---|---|---|
| March 1 | 65.83 | 15 | -50.83 |
| March 2 | 65.56 | 18.36 | -47.20 |
| March 3 | 96.99 | 28.43 | -68.56 |
| March 4 | 96.44 | 56.51 | -39.93 |
| March 5 | 78.88 | 90.14 | +11.26 |
| March 6 | 78.06 | 63.24 | -14.82 |
| March 7 | 49.07 | 62.57 | +13.50 |
| March 8 | 15.22 | 78.69 | +63.47 |
| March 9 | 46.51 | 119.42 | +72.91 |
| March 10 | 92.99 | 136.86 | +43.87 |
| March 11 | 96.94 | 104.03 | +7.09 |
| March 12 | 93.06 | 71.20 | -21.86 |