The average price of electricity on Sunday, March 8, 2026, will be 78.69 euros per megawatt hour (MWh) in the wholesale market, according to data published by the Iberian Energy Market Operator (OMIE). Thus, the week ends with a electricity increase of 25.76% compared to Saturdaypaying about 16.12 euros more for the ‘pool’.
As a reminder, this amount refers to the price on the wholesale market, which does not include items such as taxes or tolls. These are included in 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 by Red Eléctrica.
When is electricity cheaper this Sunday?
The cheapest hour of electricity will be from 12:00 to 1:00 p.m., with a price of 12.98 euros/MWh. The cheapest periods of the day will occur continuously between mid-morning and mid-afternoon.
When is electricity most expensive on Sunday?
The maximum price of electricity will occur from 7 to 8 p.m., when 154.05 euros/MWh will be reached. The most expensive hours for electricity will begin in the middle of the afternoon and will continue for the rest of the day, well into the night, although there are also peaks during the early hours of Saturday to Sunday.
Price of electricity by hour, Sunday, March 8
Given the rise in electricity, many consumers will want to adjust consumption so that the increase is not noticeable on the bill. This will be the price of electricity hour by hour on Sunday, March 8, 2026 in the wholesale market:
- 00:00 to 01:00: 106.65 euros/MWh
- 01:00 to 02:00: 97.71 euros/MWh
- 02:00 to 03:00: 92.83 euros/MWh
- 03:00 to 04:00: 86.00 euros/MWh
- 04:00 to 05:00: 82.93 euros/MWh
- 05:00 to 06:00: 84.71 euros/MWh
- 06:00 to 07:00: 84.21 euros/MWh
- 07:00 to 08:00: 86.98 euros/MWh
- 08:00 to 09:00: 81.33 euros/MWh
- 09:00 to 10:00: 65.84 euros/MWh
- 10:00 to 11:00: 37.57 euros/MWh
- 11:00 to 12:00: 21.65 euros/MWh
- 12:00 to 13:00: 12.98 euros/MWh
- 1:00 p.m. to 2:00 p.m.: 17.28 euros/MWh
- 2:00 p.m. to 3:00 p.m.: 18.29 euros/MWh
- 15:00 to 16:00: 21.98 euros/MWh
- 16:00 to 17:00: 32.77 euros/MWh
- 17:00 to 18:00: 62.32 euros/MWh
- 18:00 to 19:00: 121.27 euros/MWh
- 19:00 to 20:00: 154.05 euros/MWh
- 20:00 to 21:00: 140.53 euros/MWh
- 21:00 to 22:00: 136.24 euros/MWh
- 22:00 to 23:00: 124.08 euros/MWh
- 23:00 to 24:00: 118.30 euros/MWh
Evolution of the price of electricity during the first 8 days of March
Although the month has just started, the average price during these first 8 days of March has been 51.62 euros/MWh, which means that electricity is now 16.64 euros cheaper than compared to a year ago, when the average price was €68.26/MWh.
If you compare today’s day with that of just a year ago, you can see a great increase of 417%. It is so because March 8, 2025 The price of electricity stood at €15.22/MWh, while the price today stands at €78.69/MWh, which represents an increase of €63.47 compared to the same date last year.
| Date | 2025 | 2026 | Difference in euros/MWh |
|---|---|---|---|
| March 1 | 65.83 | 15 | -50.83 |
| March 2 | 65.56 | 18.36 | -47.20 |
| March 3 | 96.99 | 28.43 | -68.56 |
| March 4 | 96.44 | 56.51 | -39.93 |
| March 5 | 78.88 | 90.14 | +11.26 |
| March 6 | 78.06 | 63.24 | -14.82 |
| March 7 | 49.07 | 62.57 | +13.50 |
| March 8 | 15.22 | 78.69 | +63.47 |