The electricity rate drops again and reaches minimum levels. According to data from the Iberian Energy Market Operator (OMIE), the average price of electricity for this Sunday, March 29, 2026 is 0.18 euros per megawatt hour (MWh), which represents a drop of 94.06% compared to the price of electricity on Saturday, which was 3.03 euros/MWh.
When is electricity most expensive?
The highest price of the day is recorded from 8:00 p.m. to 9:00 p.m., with 12.52 euros/MWh. Also notable for their higher cost are the periods from 9:00 p.m. to 10:00 p.m. with 10.1 euros/MWh and from 7:00 p.m. to 8:00 p.m. with 8.48 euros/MWh, which are the least recommended hours for using high-consumption appliances.
When is electricity cheaper?
The cheapest hour will be from 3:00 p.m. to 4:00 p.m., with a price of -9.83 euros/MWh. Along with it, the bands from 2:00 p.m. to 3:00 p.m. with -9.5 euros/MWh, from 1:00 p.m. to 2:00 p.m. with -6.88 euros/MWh and from 11:00 a.m. to 12:00 p.m. with -6.5 euros/MWh also stand out. Consequently, the most advisable period to concentrate electricity consumption is between 10:00 and 17:00.
Price of electricity by hour, Sunday, March 29
This Sunday, March 29, the light paints a very different scenario from other days with high prices. The key will be to take advantage of the central hours of the day, when the wholesale market registers negative values, and avoid the night stretch, which will concentrate the highest prices. Thus, those who shift the use of washing machines, ovens or dishwashers between the end of the morning and the afternoon will be able to significantly reduce their electricity bill.
- 00:00 to 01:00: 4.68 euros/MWh
- 01:00 to 02:00: 1.91 euros/MWh
- 02:00 to 03:00: 1.25 euros/MWh
- 03:00 to 04:00: 1.95 euros/MWh
- 04:00 to 05:00: 2.0 euros/MWh
- 05:00 to 06:00: 3.08 euros/MWh
- 06:00 to 07:00: 5.31 euros/MWh
- 07:00 to 08:00: 0.31 euros/MWh
- 08:00 to 09:00: -1.23 euros/MWh
- 09:00 to 10:00: -3.28 euros/MWh
- 10:00 to 11:00: -5.16 euros/MWh
- 11:00 to 12:00: -6.5 euros/MWh
- 12:00 to 13:00: -6.25 euros/MWh
- 1:00 p.m. to 2:00 p.m.: -6.88 euros/MWh
- 2:00 p.m. to 3:00 p.m.: -9.5 euros/MWh
- 15:00 to 16:00: -9.83 euros/MWh
- 16:00 to 17:00: -5.88 euros/MWh
- 17:00 to 18:00: -1.5 euros/MWh
- 18:00 to 19:00: 0.62 euros/MWh
- 19:00 to 20:00: 8.48 euros/MWh
- 20:00 to 21:00: 12.52 euros/MWh
- 9:00 p.m. to 10:00 p.m.: 10.1 euros/MWh
- 22:00 to 23:00: 7.9 euros/MWh
- 23:00 to 24:00: 2.45 euros/MWh
Evolution of the price of electricity during the first 29 days of March
So far in March, the average price of electricity has been 43.96 euros, which is 11.6 euros less than last year, which was set at 55.57 euros. In the following table you can consult and compare the evolution of the price of electricity day by day during the month of March.
| Date | 2025 | 2026 | Difference in euros/MWh |
|---|---|---|---|
| March 1 | 65.83 | 15.00 | -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 |
| March 13 | 111.73 | 37.89 | -73.84 |
| March 14 | 57.68 | 14.39 | -43.29 |
| March 15 | 48.89 | 6.44 | -42.45 |
| March 16 | 60.58 | 37.18 | -23.40 |
| March 17 | 88.65 | 49.05 | -39.60 |
| March 18 | 57.68 | 28.88 | -28.80 |
| March 19 | 29.11 | 24.95 | -4.16 |
| March 20 | 22.69 | 37.57 | +14.88 |
| March 21 | 10.75 | 41.47 | +30.72 |
| March 22 | 11.23 | 28.15 | +16.92 |
| March 23 | 29.13 | 33.81 | +4.68 |
| March 24 | 44.46 | 54.34 | +9.88 |
| March 25 | 42.41 | 19.05 | -23.36 |
| March 26 | 36.21 | 5.02 | -31.19 |
| March 27 | 54.59 | 9.04 | -45.55 |
| March 28 | 25.71 | 3.03 | -22.68 |
| March 29 | 4.71 | 0.18 | -4.53 |