The average price of electricity for this Monday, March 16, 2026 will be €97.50/MWh for consumers with a regulated or indexed rate in the free market, according to data published by Red Eléctrica. In this way, the week begins with an increase of 50.17% compared to Saturday, which represents an increase of 48.91 euros on average.
As a reminder, it is important to highlight that this amount refers to the Voluntary Price for Small Consumers (PVPC). This value is different from the one published by the Iberian Energy Market Operator (OMIE) every midday, which only reflects the average price within the wholesale market.
To understand this difference, you must know that the PVPC is the one that directly affects consumers with a regulated or indexed rate. Unlike the wholesale price, this includes additional costs such as access tolls, system charges and electrical system adjustment costs. For this reason, the final amount is usually higher than the base market price.
What time is electricity cheaper today, Monday, March 16?
The cheapest hour of electricity is from 00:00 to 01:00, with a price of 74.41 euros/MWh. Along with this section, the hours with the lowest cost are concentrated in the early morning and part of the morning, with also moderate values between 2:00 p.m. and 5:00 p.m.
When is electricity most expensive?
The maximum price of electricity is recorded from 8:00 p.m. to 9:00 p.m., when it reaches 386.30 euros/MWh. The most expensive hours of electricity are clearly concentrated in the evening, especially between 6:00 p.m. and 11:00 p.m., when there is a sharp increase in the price.
Hourly electricity price, Monday, March 16 (PVPC)
Given this behavior of the electricity market, many consumers will try to concentrate the greatest consumption in the cheapest bands to avoid a greater impact on the bill. This is the price of electricity hour by hour on Monday, March 16, 2026 if you have a regulated or indexed rate in the free market:
- 00:00 to 01:00: 74.41 euros/MWh
- 01:00 to 02:00: 76.73 euros/MWh
- 02:00 to 03:00: 75.58 euros/MWh
- 03:00 to 04:00: 75.57 euros/MWh
- 04:00 to 05:00: 75.00 euros/MWh
- 05:00 to 06:00: 75.18 euros/MWh
- 06:00 to 07:00: 85.38 euros/MWh
- 07:00 to 08:00: 105.37 euros/MWh
- 08:00 to 09:00: 97.31 euros/MWh
- 09:00 to 10:00: 76.15 euros/MWh
- 10:00 to 11:00: 145.13 euros/MWh
- 11:00 to 12:00: 145.62 euros/MWh
- 12:00 to 13:00: 146.04 euros/MWh
- 1:00 p.m. to 2:00 p.m.: 146.24 euros/MWh
- 2:00 p.m. to 3:00 p.m.: 77.98 euros/MWh
- 15:00 to 16:00: 78.11 euros/MWh
- 16:00 to 17:00: 78.50 euros/MWh
- 17:00 to 18:00: 86.46 euros/MWh
- 18:00 to 19:00: 230.01 euros/MWh
- 19:00 to 20:00: 371.25 euros/MWh
- 20:00 to 21:00: 386.30 euros/MWh
- 21:00 to 22:00: 349.13 euros/MWh
- 22:00 to 23:00: 241.32 euros/MWh
- 23:00 to 24:00: 215.12 euros/MWh