The average price of electricity tomorrow, Friday, October 31, 2025, will be 55.79 euros per megawatt hour (MWh) in the wholesale market, according to data published by the Iberian Energy Market Operator (OMIE). Although the week started strong, this is the second consecutive drop, showing electricity a decrease of 37.52% compared to Thursday. This means that you will pay about 33.47 euros less for the ‘pool’.
In annual terms, the decrease is even greater, with a decrease of 44.86%. It is so because, October 31, 2024the average price of electricity stood at 101.17 euros/MWh, the difference being 45.38 euros. Thus, it could be said that, compared to one year, almost half is being paid.
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The price of electricity today, Friday, October 31, 2025: the cheapest and most expensive hours within the PVPC
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It should be noted that this price, published by the OMIE, refers to the wholesale market price, which does not include concepts such as taxes or tolls. These are added to the Voluntary Price for Small Consumers (PVPC), which is the one that affects consumers with a regulated or indexed rate in the free market and is published late in the afternoon.
When is electricity cheaper this Friday?
The cheapest hour of electricity will be from 2 to 3 p.m., when it will be paid at 15.70 euros/MWh. The cheapest slots of the day, below 35 euros, will all be in the morning and at noon.
When is electricity most expensive tomorrow, Friday?
The maximum peak of electricity will occur from 8:00 p.m. to 9:00 p.m., at which time it will reach 93.74 euros/MWh. The most expensive hours of light will begin to occur in the middle of the afternoon, starting at 6 p.m., and will continue practically the rest of the day, with some occasional peaks early in the morning.
Price of electricity by hour, Friday, October 31
With the new drop in electricity, all time slots will be below 100 euros/MWh. This is exactly the price of electricity hour by hour on Friday, October 31, 2025 in the wholesale market:
- 00:00 to 01:00: €69.26/MWh
- 01:00 to 02:00: €54.36/MWh
- 02:00 to 03:00: €52.27/MWh
- 03:00 to 04:00: €50.81/MWh
- 04:00 to 05:00: €50.40/MWh
- 05:00 to 06:00: €50.81/MWh
- 06:00 to 07:00: €67.49/MWh
- 07:00 to 08:00: €77.44/MWh
- 08:00 to 09:00: €75.49/MWh
- 09:00 to 10:00: €58.90/MWh
- 10:00 to 11:00: €34.09/MWh
- 11:00 to 12:00: €18.12/MWh
- 12:00 to 13:00: €17.07/MWh
- 1:00 p.m. to 2:00 p.m.: €15.92/MWh
- 2:00 p.m. to 3:00 p.m.: €15.70/MWh
- 15:00 to 16:00: €21.75/MWh
- 16:00 to 17:00: €42.30/MWh
- 17:00 to 18:00: €65.82/MWh
- 18:00 to 19:00: €83.23/MWh
- 19:00 to 20:00: €90.36/MWh
- 20:00 to 21:00: €93.74/MWh
- 21:00 to 22:00: €87.80/MWh
- 22:00 to 23:00: €77.42/MWh
- 23:00 to 24:00: €68.49/MWh