The average price of electricity for this Sunday, May 3, 2026 is 96.81 euros/MWh (euros per megawatt hour) for consumers with a regulated or indexed tariff contracted in the free market according to data published by Red Eléctrica Española. In this way, on the last day of the long weekend, electricity increases by 7.78%, which is equivalent to paying 6.99 euros more than this Saturday when the average price was 89.12 euros.
This amount refers to the PVPC, which is the Voluntary Price for Small Consumers and is different from the one published at noon by the Operator of the Iberian Energy Market (OMIE)and which shows the average price of electricity in the wholesale market.
The difference is that the PVPC affects consumers with a regulated or indexed rate and includes certain concepts such as access tolls, system charges or electrical system adjustment costs. That is why it is generally higher than that of the wholesale market.
When is electricity cheaper today, Sunday, May 3?
The cheapest hour of electricity will take place from 1:00 p.m. to 2:00 p.m. when it will cost 33.76 euros/MWh. The cheapest slots will be those that appear from 10:00 a.m. to 6:00 p.m.
What time is electricity most expensive?
The most expensive hour of electricity will occur from 10:00 p.m. to 11:00 p.m. when it will be paid at 161.56 euros/MWh. Late afternoon time slots should especially be avoided.
Price of electricity per hour Sunday, May 3
To take advantage of the best times of the day, those when electricity is cheaper, you will have to take into account how much electricity costs during the 24 time slots. This is the hourly price of electricity for Sunday, May 3, 2026 if you have a regulated or indexed rate in the free market.
- 00:00 to 01:00: 141.14 euros/MWh
- 01:00 to 02:00: 138.29 euros/MWh
- 02:00 to 03:00: 134.76 euros/MWh
- 03:00 to 04:00: 136.01 euros/MWh
- 04:00 to 05:00: 130.95 euros/MWh
- 05:00 to 06:00: 121.10 euros/MWh
- 06:00 to 07:00: 123.95 euros/MWh
- 07:00 to 08:00: 140.91 euros/MWh
- 08:00 to 09:00: 115.33 euros/MWh
- 09:00 to 10:00: 72.79 euros/MWh
- 10:00 to 11:00: 40.42 euros/MWh
- 11:00 to 12:00: 34.40 euros/MWh
- 12:00 to 13:00: 34.13 euros/MWh
- 1:00 p.m. to 2:00 p.m.: 33.76 euros/MWh
- 2:00 p.m. to 3:00 p.m.: 33.87 euros/MWh
- 15:00 to 16:00: 35.15 euros/MWh
- 16:00 to 17:00: 35.73 euros/MWh
- 17:00 to 18:00: 39.51 euros/MWh
- 18:00 to 19:00: 54.42 euros/MWh
- 19:00 to 20:00: 110.28 euros/MWh
- 20:00 to 21:00: 145.75 euros/MWh
- 21:00 to 22:00: 161.01 euros/MWh
- 22:00 to 23:00: 161.56 euros/MWh
- 23:00 to 24:00: 148.15 euros/MWh
Closing nuclear plants ahead of time would make electricity more expensive
The CEO of Endesa, José Bogas, has warned that bringing forward the closure of nuclear power plants in Spain would mean moving away from the international trend. As he explained, this technology is key to guaranteeing electricity supply, maintaining competitiveness and advancing decarbonization objectives.
During his speech at the General Shareholders’ Meeting, Bogas asked to open a process of reflection and dialogue on the future of nuclear energy, which he described as a strategic asset for the economy and energy autonomy of the country. Furthermore, he recalled that in Europe and globally this source is not being abandoned, but rather that many countries are extending its useful life or promoting new projects.
Bogas also warned that dispensing with nuclear power ahead of time would force an increase in the use of gas, which would make electricity more expensive, increase CO2 emissions and increase foreign dependency. In the current context of energy tension, he also highlighted the role of electrification as a solution to reduce the volatility of fossil fuels and maintain competitive prices in Spain.