The cheapest time

Tomorrow, Wednesday 2 August 2023, the electricity price will be €76.09 per megawatt-hour (€/MWh). Compared with Tuesday’s electricity price of 86.65 euros per megawatt-hour, this was a slight 12% drop, according to data provided by the Iberian Energy Market Operator (OMIE).

Although pool Already €76.09/MWh, we have to add the compensation to the gas company. All consumers will have to pay this fee in a free market (PVPC) at regulated or indexed rates, as they are the beneficiary customers of the “Iberian exception” that limits gas prices. However, this will again be 0 EUR/MWh, as has been the case since 27 February.

When will electricity be cheaper tomorrow?

this cheapest time of day it will be 15 to 16 hourswhen to pay 25 EUR/MWh. This is the most recommended time of day to log the most electricity bills, usually when appliances such as washing machines or dryers are turned on. The next hour is also suitable for intensive consumption.

on the contrary, maximum electricity price it will be 02 to 04 hourswhen it reaches 96.09 EUR/MWh. The time is at dawn, so it’s likely not to be as much of a hindrance to consumers as it is on other stretches, but care must be taken between 9:00pm and 11:00pm, when rates are €91.60/MWh.

join hourly price This is still important if you want to take advantage of power drops. The most effective way to reduce the amount of receipts is to adjust consumption within 24 periods, taking advantage of falling periods and avoiding skyrocketing periods.

these are Cheapest and most expensive electricity times for Wednesday, August 2, 2023according to OMIE data:


  • 0:00 to 01:00: EUR 95.00/MWh
  • 01:00 to 02:00: EUR 95.93/MWh
  • 02:00 to 03:00: EUR 96.09/MWh
  • 03:00 to 04:00: EUR 96.09/MWh
  • 04:00 to 05:00: EUR 94.09/MWh
  • 05:00 to 06:00: EUR 94.09/MWh
  • 06:00 to 07:00: EUR 93.86/MWh
  • 07:00 to 08:00: EUR 94.61/MWh
  • 08:00 to 09:00: EUR 92.37/MWh
  • 09:00 to 10:00: EUR 72.00/MWh
  • 10:00 am to 11:00 am: €65.88/MWh
  • 11:00 am to 12:00 pm: EUR 64.50/MWh
  • 12:00 to 13:00: EUR 64.30/MWh
  • 1:00pm to 2:00pm: €63.23/MWh
  • 2:00pm to 3:00pm: €48.99/MWh
  • 15:00 to 16:00: EUR 25.00/MWh
  • 4:00pm to 5:00pm: €28.84/MWh
  • 5:00pm to 6:00pm: €52.05/MWh
  • 18:00 to 19:00: EUR 63.18/MWh
  • 7:00pm to 8:00pm: €65.88/MWh
  • 20:00 to 21:00: EUR 86.99/MWh
  • 9:00pm to 10:00pm: €91.60/MWh
  • 10:00pm to 11:00pm: €91.60/MWh
  • 23:00 to 24:00: EUR 90.00/MWh

Little-Known Tips for Saving Light in Your Home

There are different techniques, perhaps less well known, that allow save light at home And help reduce your electricity bill month by month. They are as follows and are easy to follow in everyday life:

  • Use a ruler. Sometimes it’s hard to remember to turn off all the devices we have connected, so if they’re all plugged into a power strip, you just turn off the button on it so they’re no longer connected.
  • Arrange electrical appliances. So it can be programmed to work in the light-decreasing wavelength band and turn off in the light-increasing wavelength band.
  • Choose solar lighting for your outdoor spaces.
  • Adjust the temperature on the thermostat. For example, in summer, you don’t have to heat the water to the same degree as you do in winter.
  • Use an awning to insulate your home and optimize the use of your air conditioner.

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