These will be the cheapest hours this Monday


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The price of electricity in the regulated market registers this Monday a increase compared to sunday. The average price will be 0.30483 euros per kilowatt hour (kWh), while on the previous day this average amounted to 0.24915 €/kWh. The cheapest hours will be during the early morning and between 2 and 5 p.m. On the other hand, the slot to avoid will be between 8:00 and 14:00 and between 18:00 and 22:00.

peak and off-peak hours

  • The cheapest: from 4 a.m. to 5 a.m. 0.22529 €/kWh
  • The most expensive: from 7:00 p.m. to 8:00 p.m. €0.39894/kWh

The average price of electricity in the wholesale market will once again exceed the 200 euros per megawatt hour (MWh) after rising 8.4%, according to provisional data published by the Iberian Energy Market Operator (OMIE) collected by Europa Press.

Specifically, the average price of the ‘pool’ will be 206.46 euros/MWh this February 7, about 16 euros more than the 190.47 euros/MWh this Sunday, after three days registering a price below of 200 euros/MWh.

By time slots, the Maximum price of light for this Monday will be between 8:00 a.m. and 9:00 a.m., with 253.61 euros/MWh, while the minimum, of 165.97 euros/MWh, will be recorded between 4:00 a.m. and 5:00 a.m.

The price of electricity hour by hour

  • 00-01 0.24643 €/kWh
  • 01-02 0.23753 €/kWh
  • 02-03 0.23608 €/kWh
  • 03-04 0.23629 €/kWh
  • 04-05 0.22529 €/kWh
  • 05-06 0.23967 €/kWh
  • 06-07 0.26618 €/kWh
  • 07-08 0.30052 €/kWh
  • 08-09 0.34175 €/kWh
  • 09-10 0.33451 €/kWh
  • 10-11 0.38631 €/kWh
  • 11-12 0.36356 €/kWh
  • 12-13 0.35008 €/kWh
  • 13-14 0.34757 €/kWh
  • 14-15 0.26618 €/kWh
  • 15-16 0.26258 €/kWh
  • 16-17 0.26889 €/kWh
  • 17-18 0.28847 €/kWh
  • 18-19 0.39616 €/kWh
  • 19-20 0.39894 €/kWh
  • 20-21 0.39371 €/kWh
  • 21-22 0.38423 €/kWh
  • 22-23 0.27752 €/kWh
  • 23-00 0.26746 €/kWh

The prices of the ‘pool’ have a direct impact on the regulated rate -the so-called PVPC-, to which almost 11 million consumers in the country are covered, and serve as a reference for the other 17 million who have contracted their supply in the free market .

The increase in the electricity market in recent months is mainly explained by the high gas prices in the markets and carbon dioxide (CO2) emission rights, at all-time highs this year.

In fact, compared to just a year ago, the price in the pool for this Monday will be 1,541.18% higher than the 12.58 euros/MWh of February 7, 2021.

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