For this Sunday, April 5, 2026, the average price of electricity in Spain is 23.15 euros per megawatt hour (MWh) in the wholesale market, according to data published by the Iberian Energy Market Operator (OMIE). In this way, the electricity bill becomes 9.15% more expensive again if we compare it with the price of electricity recorded this Saturday, set at 21.21 euros/MWh, about 1.94 euros.
When is electricity cheaper this Sunday, April 5?
The cheapest time for electricity will be between 3:00 p.m. and 5:00 p.m., when the price will fall to -7.51 euros/MWh. In addition, there will be several very cheap sections to concentrate consumption, especially between 9:00 a.m. and 7:00 p.m., a period in which electricity will move at very low levels and will register negative prices for a good part of the day.
When will electricity be more expensive?
On the contrary, the maximum price of the electricity rate will be reached between 10:00 p.m. and 11:00 p.m., when the cost will rise to 75.91 euros/MWh. The next most expensive hours will be those between 9:00 p.m. and 10:00 p.m., with 75.39 euros/MWh, and between 11:00 p.m. and 12:00 p.m., when the price will be 56.02 euros/MWh. The section from 8:00 p.m. to 9:00 p.m. also stands out, with 54.54 euros/MWh.
Price of electricity per hour
This Sunday, April 5, the light will once again have two very different faces. During the early morning prices will remain moderate, in the central hours of the day they will drop sharply to negative values and, at night, they will rebound intensely. The most expensive section will be concentrated between 8:00 p.m. and 12:00 p.m.
| Hour | Price |
|---|---|
| 00:00 to 01:00 | 44.96 euros/MWh |
| 01:00 to 02:00 | 35.02 euros/MWh |
| 02:00 to 03:00 | 35.01 euros/MWh |
| 03:00 to 04:00 | 35.01 euros/MWh |
| 04:00 to 05:00 | 35.00 euros/MWh |
| 05:00 to 06:00 | 35.00 euros/MWh |
| 06:00 to 07:00 | 35.01 euros/MWh |
| 07:00 to 08:00 | 35.01 euros/MWh |
| 08:00 to 09:00 | 29.93 euros/MWh |
| 09:00 to 10:00 | 1.83 euros/MWh |
| 10:00 to 11:00 | -1.80 euros/MWh |
| 11:00 to 12:00 | -3.53 euros/MWh |
| 12:00 to 13:00 | -5.73 euros/MWh |
| 1:00 p.m. to 2:00 p.m. | -5.62 euros/MWh |
| 2:00 p.m. to 3:00 p.m. | -6.25 euros/MWh |
| 15:00 to 16:00 | -7.51 euros/MWh |
| 16:00 to 17:00 | -7.51 euros/MWh |
| 17:00 to 18:00 | -4.30 euros/MWh |
| 18:00 to 19:00 | -0.70 euros/MWh |
| 19:00 to 20:00 | 14.83 euros/MWh |
| 20:00 to 21:00 | 54.54 euros/MWh |
| 9:00 p.m. to 10:00 p.m. | 75.39 euros/MWh |
| 22:00 to 23:00 | 75.91 euros/MWh |
| 23:00 to 24:00 | 56.02 euros/MWh |
Evolution of the price of electricity during the month of April
Despite the continuous increases in the price of electricity, we now pay cheaper electricity than a year ago, since the average price during these first five days has been 13.79 euros, which is about 18.12 euros less than a year ago, when the average price was 28.87 euros.
Now, if we make the comparison day by day, today electricity is 1.27 euros cheaper, since a year ago its price was 24.42 euros, showing a decrease of 9.13%. It should be remembered that this is the average price within the wholesale market, which is not the same as that paid by the final consumer, since tolls and other taxes need to be applied.
| Date | 2025 | 2026 | Difference in euros/MWh |
|---|---|---|---|
| April 1 | 58.60 | 5.15 | -53.45 |
| April 2 | 27.99 | 5.00 | -38.22 |
| April 3 | 22.10 | 14.44 | -7.66 |
| April 4 | 11.24 | 21.21 | 9.97 |
| April 5 | 24.42 | 23.15 | -1.27 |
Why does the price of electricity increase?
Geopolitical tension in the Middle East continues to put pressure on international energy markets. The blockade of the Strait of Hormuz and the war in the area have raised the price of crude oil and have also added nervousness to gas in Europe, although this impact is not transferred automatically or linearly to the Spanish electricity market. Even with this external pressure, the weight of renewables continues to cushion part of the increase in prices in Spain.
In fact, the contrast between the international context and the Spanish wholesale market remains clear. OMIE closed January 2026 with an average price of 71.43 euros/MWh, while in February it fell to 13.53 euros/MWh. In addition, Red Eléctrica has reported that in March renewables represented 63.1% of the national generation structure, with wind, hydraulic and solar photovoltaic leading the mix.
That containment has also been seen in recent days. According to OMIE, the daily market marked an average price of 14.44 euros/MWh for April 3 and for this Saturday, April 4, 2026, it rises to 21.21 euros/MWh. That is to say, there is a rebound compared to very cheap days, but the level is still far from the high prices seen at the beginning of the year.
All of this especially affects consumers covered by the PVPC, although not with the same intensity as before. The Ministry for the Ecological Transition recalls that the regulated rate has incorporated a partial basket of futures references since 2024 to reduce volatility, and in 2026 this component already weighs 55% in the calculation. The Government itself put the number of consumers covered by the PVPC at around 8.5 million when the new methodology came into force.