The average price of electricity for this Thursday, April 9, 2026 is €137.20/MWh for consumers with a regulated or indexed tariff contracted in the free market, according to data published by Red Eléctrica. This is the first drop of the week, showing a decrease of 5.48% compared to Wednesdaywhich translates to about 7.95 euros less on average.
It is important to note that this amount refers to the Voluntary Price for Small Consumers (PVPC), which is different published by the Iberian Energy Market Operator (OMIE) at noon and that shows what the average price costs within the wholesale market.
To understand the difference, the PVPC, which is the one that affects consumers with a regulated or indexed rate, includes concepts such as access tolls, system charges or electricity system adjustment costs, although it uses the wholesale market price as a base. Thus, it can be said that the wholesale market is the “factory” price of electricity while the PVPC is the “public sale” price, which is regulated by the Government.
What time is electricity cheaper today, Thursday, April 9?
The cheapest hour of electricity takes place from 2:00 p.m. to 3:00 p.m., at a price of 59.77 euros/MWh. Half of the cheapest slots can be taken advantage of without problems, since it occurs between midday and afternoon. The rest, however, occur in the middle of the morning.
When is electricity most expensive?
The maximum price of electricity occurs from 9:00 p.m. to 10:00 p.m., at which time it reaches 228.16 euros/MWh. The most expensive hours of electricity also occur at different times of the day, although the largest peaks occur towards the end of the afternoon and at night. Likewise, you must be careful with using household appliances in the morning.
Hourly electricity price, Thursday, April 9 (PVPC)
Although the electricity drops, it maintains irregular behavior throughout the day, so it is important to adjust consumption. This is the price of electricity hour by hour on Thursday, April 9, 2026 if you have a regulated or indexed rate in the free market:
- 00:00 to 01:00: 142.93 euros/MWh
- 01:00 to 02:00: 139.66 euros/MWh
- 02:00 to 03:00: 123.67 euros/MWh
- 03:00 to 04:00: 119.11 euros/MWh
- 04:00 to 05:00: 117.40 euros/MWh
- 05:00 to 06:00: 123.66 euros/MWh
- 06:00 to 07:00: 147.75 euros/MWh
- 07:00 to 08:00: 194.86 euros/MWh
- 08:00 to 09:00: 191.57 euros/MWh
- 09:00 to 10:00: 146.64 euros/MWh
- 10:00 to 11:00: 157.62 euros/MWh
- 11:00 to 12:00: 128.67 euros/MWh
- 12:00 to 13:00: 128.39 euros/MWh
- 1:00 p.m. to 2:00 p.m.: 127.98 euros/MWh
- 2:00 p.m. to 3:00 p.m.: 59.77 euros/MWh
- 15:00 to 16:00: 60.08 euros/MWh
- 16:00 to 17:00: 61.82 euros/MWh
- 17:00 to 18:00: 61.16 euros/MWh
- 18:00 to 19:00: 144.26 euros/MWh
- 19:00 to 20:00: 195.17 euros/MWh
- 20:00 to 21:00: 222.46 euros/MWh
- 21:00 to 22:00: 228.16 euros/MWh
- 22:00 to 23:00: 138.84 euros/MWh
- 23:00 to 24:00: 131.13 euros/MWh
Controversy over the possible new tax on energy companies
The instability in the Middle East has skyrocketed the price of gas, which directly makes electricity more expensive in Spain due to the European marginalist system. Although Spain has reserves of renewable energy, when it is necessary to resort to gas, it marks the highest price. For users with a regulated rate (PVPC), the initial impact will be softer thanks to recent mechanisms that cushion volatility, but the bill will end up rising gradually if the crisis drags on.
In response to the increase in costs for families and the extraordinary profits of companies in the sector, the Government, together with Germany, Italy, Austria and Portugal, formally requested the European Commission to create a temporary tax on energy companies to redistribute the economic weight of the crisis.
However, the energy sector has outright rejected the proposal for this new tax. Through the Wind Business Association (AEE), which brings together the main companies (such as Endesa, Iberdrola, Naturgy, Moeve or Repsol), they warn that the measure generates legal uncertainty and scares away investors, just when more capital is needed to promote renewables and reduce dependence on fossil fuels.
The association argues that Spain is less exposed to rising gas prices thanks to its high percentage of clean generation (65%), which has allowed electricity prices to be kept below gas prices. In short, they consider that the sector already supports strong fiscal pressure and that adding an “unjustified” cost will only aggravate the current blockages and slow down wind deployment.