The average price of electricity for this Thursday, October 16, 2025, drops slightly to 167.08 euros/MWh for consumers with a regulated or indexed rate in the free market, according to data published by Red Eléctrica. This means that electricity is paid 0.13% cheaper than on Wednesday, October 15, when its price was 167.29 euros/MWh.
It is necessary to remember that these prices correspond to the Voluntary Price for Small Consumers (PVPC), so they change with respect to those published by the Iberian Energy Market Operator (OMIE), which reflect the price in the wholesale market and they are usually lower because it does not include concepts such as taxes and tolls.
You may be interested
The price of electricity today, Friday, October 17, 2025: the cheapest and most expensive hours within the PVPC
The price of electricity tomorrow, Friday, October 17, 2025: when is it cheapest and most expensive on the day
When is electricity cheaper this Thursday?
The cheapest price of electricity is between 2:00 p.m. and 3:00 p.m., at which time the price drops to 108.36 euros. The later hours are ranked as the next ones with the lowest prices of the day. The next section in which electricity will have a lower cost will be between 3:00 p.m. and 4:00 p.m., with a price of €110.12/MWh.
When is electricity most expensive this Thursday?
On the other hand, electricity reaches its maximum peak from 8:00 p.m. to 9:00 p.m. in which the amount skyrockets to 267.25 euros. It is also advisable to avoid the late afternoon and evening sections. Following this period, another period in which it is also important to avoid turning on the appliances is between 7:00 p.m. and 8:00 p.m., where the cost will be €260.71/MWh.
Hourly electricity price, Thursday, October 16 (PVPC)
Even with the drop in the price of electricity, the difference in amounts between sections is considerable, and adjusting consumption to the cheapest times of the day can make a big difference in the bill. The following list shows the PVPC hour by daylight hour for Thursday, October 16:
- 00:00 to 01:00:€140.33/MWh
- 01:00 to 02:00:€131.81/MWh
- 02:00 to 03:00:€129.03/MWh
- 03:00 to 04:00:€124.33/MWh
- 04:00 to 05:00:€124.05/MWh
- 05:00 to 06:00:€124.84/MWh
- 06:00 to 07:00: €135.22/MWh
- 07:00 to 08:00: €145.2/MWh
- 08:00 to 09:00: €205.13/MWh
- 09:00 to 10:00:€166.35/MWh
- 10:00 to 11:00:€214.27/MWh
- 11:00 to 12:00:€192.63/MWh
- 12:00 to 13:00:€182.66/MWh
- 13:00 to 14:00:€174.78/MWh
- 14:00 to 15:00:€108.36/MWh
- 15:00 to 16:00: €110.12/MWh
- 16:00 to 17:00:€117.93/MWh
- 17:00 to 18:00:€139.03/MWh
- 18:00 to 19:00:€226.65/MWh
- 19:00 to 20:00:€260.71/MWh
- 20:00 to 21:00:€267.25/MWh
- 21:00 to 22:00:€252.47/MWh
- 22:00 to 23:00:€176.86/MWh
- 23:00 to 24:00:€160.04/MWh