The average price of electricity drops sharply for this Sunday, November 1, a holiday for All Saints’ Day, reaching 163.19 euros per megawatt hour (€/MWh) based on data published by the Iberian Energy Market Operator (OMIE). Comparing it with the average cost of the previous day, in which it marked 208.98 eurosthe price of electricity is reduced by 45.79 euros, representing a 21.91% drop in electricity.
It must be remembered that these prices are those established in the wholesale market, which are not those applied to consumer bills with a regulated or indexed rate in the free market. These users pay the Voluntary Price for Small Consumers (PVPC), which is calculated taking into account other concepts such as taxes, tolls or marketing costs.
When is electricity cheaper this Sunday?
Taking as a reference the list of prices for each hour of the day, the cheapest hour will be from 3:00 p.m. to 4:00 p.m., with a price of -€0.27/MWh. After this there will be a section with the price at -0.20 euros, from 2:00 p.m. to 3:00 p.m. Just because the price of electricity is negative, marks 0 euros or is close to this figure does not mean that the electricity is free.
When is electricity most expensive on Sunday?
On the contrary, the most expensive hour will be from 8:00 p.m. to 9:00 p.m., with a price of €261.93/MWh. After that period, the next most expensive time to turn on any electrical appliance will be from 9:00 p.m. to 10:00 p.m., when it costs 260.92 euros.
The price of electricity for Saturday, October 31, 2026: the cheapest and most expensive hours
The price of electricity for Friday, October 30, 2026: the cheapest and most expensive hours
Price hour by hour of light for Sunday, November 1
In order for the electricity bill that arrives at the end of the month not to be too high, 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.
| Hour | Euros per kWh | Euros per MWh |
|---|---|---|
| 00:00 to 01:00 | €0.2551/kWh | €255.10/MWh |
| 01:00 to 02:00 | €0.2516/kWh | €251.59/MWh |
| 02:00 to 03:00 | €0.2464/kWh | €246.43/MWh |
| 03:00 to 04:00 | €0.2410/kWh | €241.04/MWh |
| 04:00 to 05:00 | €0.2379/kWh | €237.93/MWh |
| 05:00 to 06:00 | €0.2403/kWh | €240.32/MWh |
| 06:00 to 07:00 | €0.2427/kWh | €242.72/MWh |
| 07:00 to 08:00 | €0.2478/kWh | €247.78/MWh |
| 08:00 to 09:00 | €0.2040/kWh | €204.04/MWh |
| 09:00 to 10:00 | €0.0708/kWh | €70.78/MWh |
| 10:00 to 11:00 | €0.0001/kWh | €0.13/MWh |
| 11:00 to 12:00 | €0.0000/kWh | -0.02 €/MWh |
| 12:00 to 13:00 | -0.0001 €/kWh | -0.09 €/MWh |
| 1:00 p.m. to 2:00 p.m. | -0.0001 €/kWh | -0.07 €/MWh |
| 2:00 p.m. to 3:00 p.m. | -0.0002 €/kWh | -0.20 €/MWh |
| 15:00 to 16:00 (the cheapest) | -0.0003 €/kWh | -0.27 €/MWh |
| 16:00 to 17:00 | €0.0154/kWh | €15.38/MWh |
| 17:00 to 18:00 | €0.1572/kWh | €157.15/MWh |
| 18:00 to 19:00 | €0.2429/kWh | €242.94/MWh |
| 19:00 to 20:00 | €0.2550/kWh | €255.04/MWh |
| 8:00 p.m. to 9:00 p.m. (the most expensive) | €0.2619/kWh | €261.93/MWh |
| 9:00 p.m. to 10:00 p.m. | €0.2609/kWh | €260.92/MWh |
| 22:00 to 23:00 | €0.2511/kWh | €251.13/MWh |
| 23:00 to 24:00 | €0.2348/kWh | €234.77/MWh |