Saturday, December 9 2023 Sign In   |    Register

News Quick Search



Front Page
Power News
Today's News
Yesterday's News
Week of Dec 04
Week of Nov 27
Week of Nov 20
Week of Nov 13
Week of Nov 06
By Topic
By News Partner
Gas News
News Customization


Pro Plus(+)

Add on products to your professional subscription.
  • Energy Archive News

    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    Watch out for electricity prices on Wednesday: the cheapest hours to run the washing machine

    September 14, 2023 - CE Noticias Financieras


      The price of light falls. Today, Wednesday, September 13, the cost of electricity in the wholesale market (pool) falls although it remains one more day above the barrier of 100 euros / MWh. Therefore, consumers with a regulated tariff should know the price of electricity in detail in each of the time slots of the day, so that they can turn on household appliances at home in the cheapest hours. With this, you will be able to reduce electricity consumption with the washing machine, oven or dishwasher, and save on the electricity bill at the end of the month.

      Today's electricity prices fall

      The price of electricity today falls to 108.57 euros per megawatt hour (MWh.), according to the Iberian Energy Market Operator (OMIE), which represents a decrease of 6.93% compared to the previous day (116.66 euros / MWh.). It is given the circumstance that the cost of electricity in September has recorded an average cost of 101.93 euros per megawatt hour, compared to 156.42 euros in the same month of 2022. However, today, Wednesday, the gas cap will continue not to apply to the electricity bill as it remains below 60.6 euros / MWh, a situation that is unchanged since last February 27.

      The cost of electricity in the wholesale market is transferred daily to the consumer's bill. It also includes the costs of adjustment services, marketing, financing, tolls and charges such as interruptibility or auction deficits, among others. Thus, according to data from Red Eléctrica, the average price of electricity today is 0.1743 euros/kWh, compared to 0.1832 euros kilowatt hour the previous day.

      Electricity price in the retail market

      • Wednesday, September 13: 0.1743 euros / kWh.

      • Tuesday, September 12: 0.1832 euros / kWh.

      • Monday, September 11: 0.1838 euros / kWh.

      Today's electricity prices and cheap hours

      Consumers will enjoy a cheaper electricity bill at the end of the month if they take advantage of the cheapest hours of the day. Therefore, today, Wednesday, September 13, the cheapest electricity tariff for the pocket will be in the early morning and early afternoon.

      The price of electricity today, September 13

      • Cheapest time: 05:00 - 06:00 (0.125 euros / kWh.)

      • Most expensive hour: 20:00 - 21:00 (0.244 euros / kWh.)

      Specifically, the hour with the cheapest price of light will take place between 05:00 and 06:00 hours, with a cost of 0.125 euros / kWh. It will be the most advisable time of day for consumers to connect their appliances and thus save on their electricity bill at the end of the month.

      On the other hand, the hours when it is less advisable to run the washing machine, oven or dryer will be in the evening. And, above all, from 20:00 to 21:00 hours, when the price per kWh will rise to 0.244 euros.


    Other Articles - Utility Business / General


       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2023 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.