What is the cheapest time of the day?

Consumers will have to be vigilant this Saturday, January 14. There will be times when putting the washing machine, ironing or using the oven will be more advisable. Knowing which are the cheapest allows you to concentrate spending and save on the bill at the end of the month. The average reference for the whole day in the wholesale market will be 0.09128 euros per kilowatt hour (kWh), according to the operator Omie. Again, hour by hour there will be big differences.

The wholesale market figures are reflected in the consumer’s receipt. The most expensive hours will be reached between 0 and 1, when the price on the invoice will rise to 0.12504 euros per kilowatt hour (kWh), based on data from Red Eléctrica. The cheapest hours, on the opposite side, will be recorded between 3:00 p.m. and 4:00 p.m., when the kilowatt hour will be paid at 0.06597 euros.

This is the hourly cost of electricity for this Saturday at the regulated rate (PVPC, toll 2.0 TD), according to Red Eléctrica. These figures already include the cost of the daily and intraday wholesale market, adjustment services, financing, the cost of variable marketing, tolls and charges. It may also have other concepts such as payments for capacity, surpluses or deficits from renewable auctions and costs for interruptibility services.

Cost on the invoice