What time is the cheapest rate

he Electricity Price TomorrowWednesday, Magoto 16, 2023This is 105.84 euros per megawatt-hour (€/MWh). This will be more expensive than electricity prices for the Ascension holiday this Tuesday, at 95.63 euros per megawatt-hour, according to figures published by the Iberian Energy Market Operator (OMIE).

Although pool Already set at 105.84 EUR/MWh, we have to add the compensation to the gas company. Payments correspond to consumers who previously entered into regulated or indexed rate contracts within the free market (PVPC). The reason is that they are the beneficiaries of this project. “The Iberian Exception”, designed to cap gas prices. Nevertheless, since February 27, it will be 0 euros again.

What time will electricity be cheaper tomorrow?

this cheapest time of day yes 13 to 14 hourswhen paid to 86 EUR/MWh. It is advisable to use this time period to register the time of highest power consumption, such as washing machine, dishwasher or air conditioner. Another interesting time is 2:00 pm to 3:00 pm, when the price is 86.29 euros.

on the contrary, maximum electricity price yes 21 to 22 hours, when it rises to 136.10 EUR/MWh. It is recommended to avoid this part as much as possible, as it is the highest peak of the light. After 8:00 in the evening, it is also convenient to control power consumption.

light price per hour

There is no need to believe in the face of tomorrow’s new electricity price hike. In order to get the most out of it and prevent skyrocketing electricity bills, it is necessary to check electricity rates by the hour. Therefore, consumers can make rough calculations by looking at the 24 time periods. This is the only way to achieve true energy savings.

these are Cheapest and most expensive times for Wednesday 16 August 2023, According to OMIE data:


  • 00:00 to 01:00: EUR 106.76/MWh
  • 01:00 to 02:00: EUR 97.45/MWh
  • 02:00 to 03:00: EUR 90.71/MWh
  • 03:00 to 04:00: EUR 90.00/MWh
  • 04:00 to 05:00: EUR 87.89/MWh
  • 05:00 to 06:00: EUR 90.32/MWh
  • 06:00 to 07:00: EUR 115.38/MWh
  • 07:00 to 08:00: EUR 124.41/MWh
  • 08:00 to 09:00: EUR 125.78/MWh
  • 09:00 to 10:00: EUR 109.47/MWh
  • 10:00 to 11:00: EUR 99.21/MWh
  • 11:00 am to 12:00 pm: €94.10/MWh
  • 12:00 to 13:00: EUR 90.32/MWh
  • 1:00 pm to 2:00 pm: EUR 86.00/MWh
  • 2:00pm to 3:00pm: €86.29/MWh
  • 15:00 to 16:00: EUR 88.51/MWh
  • 4:00pm to 5:00pm: €94.17/MWh
  • 5:00pm to 6:00pm: €103.14/MWh
  • 18:00 to 19:00: EUR 115.17/MWh
  • 7:00pm to 8:00pm: €125.25/MWh
  • 20:00 to 21:00: EUR 132.96/MWh
  • 9:00pm to 10:00pm: €136.10/MWh
  • 10:00pm to 11:00pm: €126.40/MWh
  • 23:00 to 24:00: EUR 124.41/MWh

Tips for Cooler Fan Air on This Hot August Day

Even though the third heat wave is “gone”, the heat is still ravaging one of the hottest months of the year, so finding ways to get fans to take the coldest air is inevitable. Many consumers love it because it uses less electricity than air conditioners (up to 90 percent less), so you might be interested in knowing these three simple tips:

  • Place a bowl of ice in front of the fan.
  • Hang a damp cloth or a cloth soaked in ice water in front of the fan. You have to drain it so it doesn’t drip.
  • Whenever possible, place it by a window so you can get some fresh air, especially at night when temperatures drop. You can also place it in front of another fan and create a “cross loop”.

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