The average price of electricity for this Thursday, March 12, 2026, is €160.94/MWh for consumers with a regulated or indexed tariff contracted in the free market, according to data published by Red Eléctrica. Electricity thus experiences a new drop (the second of the week), adding a decrease of 9.51% compared to Wednesday. This translates into 16.92 euros less on average.
It should be indicated 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.
For its part, the PVPC, which affects consumers with a regulated or indexed rate, includes concepts such as access tolls, system charges or electrical system adjustment costs. For this reason, it is usually higher.
What time is electricity cheaper today, Thursday, March 12?
The cheapest hour of electricity is from 2:00 p.m. to 3:00 p.m., at a price of 55.81 euros/MWh. The most economical periods of electricity begin at mid-morning and continue until late in the afternoon, showing, for the moment, the lowest records so far this week.
When is electricity most expensive?
The maximum price of electricity occurs from 8:00 p.m. to 9:00 p.m., with a price of 339.45 euros/MWh. The most expensive hours of electricity occur at two different times of the day: first thing in the morning (but only occasionally) and between mid-afternoon and at night, a period in which the majority is concentrated. Although the barrier of 300 euros/MWh is once again surpassed, it is not done so in such a pronounced way.
Hourly electricity price, Thursday, March 12 (PVPC)
Consumers must pay attention to consumption if they want to take advantage of this drop in electricity at a somewhat uncertain time, where new steep increases such as those at the beginning of the week are not ruled out. This is the price of electricity hour by hour on Thursday, March 12, 2026 if you have a regulated or indexed rate in the free market:
- 00:00 to 01:00: 151.19 euros/MWh
- 01:00 to 02:00: 146.35 euros/MWh
- 02:00 to 03:00: 138.64 euros/MWh
- 03:00 to 04:00: 137.83 euros/MWh
- 04:00 to 05:00: 138.65 euros/MWh
- 05:00 to 06:00: 142.53 euros/MWh
- 06:00 to 07:00: 169.82 euros/MWh
- 07:00 to 08:00: 183.06 euros/MWh
- 08:00 to 09:00: 193.30 euros/MWh
- 09:00 to 10:00: 115.61 euros/MWh
- 10:00 to 11:00: 127.80 euros/MWh
- 11:00 to 12:00: 123.08 euros/MWh
- 12:00 to 13:00: 123.92 euros/MWh
- 1:00 p.m. to 2:00 p.m.: 123.94 euros/MWh
- 14:00 to 15:00: 55.81 euros/MWh
- 15:00 to 16:00: 55.85 euros/MWh
- 16:00 to 17:00: 56.91 euros/MWh
- 17:00 to 18:00: 78.03 euros/MWh
- 18:00 to 19:00: 238.14 euros/MWh
- 19:00 to 20:00: 301.29 euros/MWh
- 20:00 to 21:00: 339.45 euros/MWh
- 21:00 to 22:00: 315.92 euros/MWh
- 22:00 to 23:00: 210.92 euros/MWh
- 23:00 to 24:00: 194.49 euros/MWh