The average price of electricity for this Friday, May 1, 2026 drops again, reaching 57.87 euros per megawatt hour (euros/MWh). Compared to the rate set on Thursday, April 30, electricity reduces its price by 10.12%, that is, it is paid at 6.51 euros less, since That day the price was 64.39 euros/MWh according to data published by the Iberian Energy Market Operator (OMIE).
What time is electricity cheaper this Friday?
The cheapest price to consume electricity will be concentrated in the section that goes from 3:00 p.m. to 4:00 p.m., with a price of -2.10 euros/MWh. After this section, the next cheapest hour, in which electricity will cost -2.06 euros, will be between 2:00 p.m. and 3:00 p.m. Although the price marks 0 euros or is negative in some cases, it does not mean that the electricity is free.
When is electricity most expensive this Friday?
If we talk about the highest price of the day, this will be from 00:00 to 01:00 hours with a price of 107.64 euros/MWh. Another time when it is not recommended to turn on the appliances is between 06:00 and 07:00, when it will have a price of 105.39 euros. Here it is important to avoid excessive use of electricity at home.
Price of electricity by hour, Friday, May 1
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.
| Time section | Price (euros/MWh) |
|---|---|
| 00:00 – 01:00 | 107.64 |
| 01:00 – 02:00 | 103.01 |
| 02:00 – 03:00 | 102.90 |
| 03:00 – 04:00 | 102.59 |
| 04:00 – 05:00 | 102.30 |
| 05:00 – 06:00 | 102.72 |
| 06:00 – 07:00 | 105.39 |
| 07:00 – 08:00 | 103.85 |
| 08:00 – 09:00 | 77.52 |
| 09:00 – 10:00 | 23.29 |
| 10:00 – 11:00 | 0.21 |
| 11:00 – 12:00 | -0.86 |
| 12:00 – 13:00 | -1.88 |
| 13:00 – 14:00 | -2.00 |
| 14:00 – 15:00 | -2.06 |
| 15:00 – 16:00 | -2.10 |
| 16:00 – 17:00 | -1.87 |
| 17:00 – 18:00 | -0.39 |
| 18:00 – 19:00 | 11.21 |
| 19:00 – 20:00 | 55.71 |
| 20:00 – 21:00 | 95.35 |
| 21:00 – 22:00 | 104.76 |
| 22:00 – 23:00 | 103.89 |
| 23:00 – 24:00 | 97.83 |
Evolution of the price of electricity during the first day of May
Only a single day has passed in the month of May, so the average price of electricity is that of Friday, about 57.87 euros, this translates to 44.58 euros more than last year, since the price of May 1, 2025 It was 13.29. Therefore, electricity has increased by 335.48%.
| Date | 2025 | 2026 | Difference in euros/MWh |
|---|---|---|---|
| May 1 | 13.29 | 57.87 | 44.58 |