Tomorrow, Monday 14 August 2023, the electricity price will be €97.61 per megawatt-hour (€/MWh). According to data published by the Iberian Energy Market Operator (OMIE), electricity prices have risen by 34% compared to Sunday this week, at 72.82 euros/MWh.
Although pool Already set at 97.61 euros, we must add compensation to the gas company. It is a concept that consumers must pay in a free market (PVPC) at a regulated or indexed rate, since they are the beneficiaries of the “Iberian exception” that limits the price of gas, so that it cannot exceed the “cap”. However, this will again be 0 EUR/MWh, as has been the case since 27 February.
We have entered 14 days in August, close to the equator, and the electricity market average for this period is €82.04/MWh. In the same period last year, it was €145.26/MWh, so there was a significant drop.
this cheapest time of day it will be 2:00pm to 3:00pmwhen to pay 67.13 EUR/MWh. This is the zone with the most significant increases, as the price this Sunday is just over 6 euros, but it will also be the zone where appliances are most recommended.
on the contrary, maximum electricity price it will be 21 to 22 hourswhen it fires to 125.12 EUR/MWh. During this time, the highest peak of light occurs, so power usage can be conveniently kept to a minimum. From 7:00 to 8:00 in the morning, it will also break through 120 euros.
If it’s always important, follow hourly price Even more so tomorrow, as it depends on whether the electricity bill will go up after the electricity price hike. Adjusting spending over 24 time periods is the most effective saving technique for reducing monthly bills.
these are Cheapest and most expensive times for Monday, August 14, 2023according to OMIE data:
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Depending on the time of year, our daily habits can change save on electricity bills. In mid-August, these five tricks will help you spend less electricity in summer. And they are easy to follow:
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