The price of electricity today falls to 0.3109 euros/kWh. Check the price of electricity hour by hour to connect your appliances
The price of electricity today, Thursday, relaxes. Today, April 14, the price of electricity falls slightly and stands at 220.76 euros / MWh. The drop in the price of electricity today Thursday is 3.8%, which will be felt in the electricity bill at the end of the month. This slight drop causes the price of electricity to move away a little from the barrier of 250 euros per megawatt / hour, which will significantly affect the pocket when starting up appliances such as the washing machine, the oven or the dishwasher. .
The price of electricity continues to record very high levels, after March has become the month with the most expensive electricity price in history, with an average of 283.3 euros / MWh. in the wholesale market. The numbers do not lie: as reflected in the data from the Iberian Energy Market Operator (OMIE), the price of electricity today, Thursday, will be 198.5% more expensive compared to 73.96 euros / MWh. registered on April 14, 2021.
Cheapest hours in the price of electricity today Thursday
The drop in the price of electricity today, Thursday, will be reflected in the electricity bill, once the corresponding tolls and charges are applied. For this reason, today, Thursday, April 14, the average price of electricity is set at 0.3109 euros / kWh.
The price of electricity today Thursday hour by hour
Time | electricity price |
Time | electricity price |
---|---|
00h – 01h: 0,291 euros/kWh |
12h – 13h: 0,311 euros/kWh |
01h – 02h: 0.266 euros/kWh |
13h – 14h: 0,316 euros/kWh |
02h – 03h: 0,260 euros/kWh |
14h – 15h: 0,269 euros/kWh |
03h – 04h: 0,259 euros/kWh |
15h – 16h: 0,271 euros/kWh |
04h – 05h: 0,261 euros/kWh |
16h – 17h: 0,271 euros/kWh |
05h – 06h: 0,253 euros/kWh |
17h – 18h: 0,282 euros/kWh |
06h – 07h: 0,304 euros/kWh |
18h – 19h: 0,359 euros/kWh |
07h – 08h: 0,306 euros / kWh |
19h – 20h: 0,375 euros/kWh |
08h – 09h: 0,339 euros/kWh |
20h – 21h: 0,405 euros/kWh |
09h – 10h: 0,323 euros/kWh |
21h – 22h: 0,393 euros/kWh |
10h – 11h: 0,341 euros/kWh |
22h – 23h: 0,338 euros/kWh |
11h – 12h: 0,320 euros/kWh |
23h – 24h: 0,322 euros/kWh |
The cheapest time in the price of electricity today, Thursday, to start up household appliances -off-peak time- will be between 03:00 and 04:00, when the kWh. will trade at 0.259 euros. On the other hand, dinner time will be the most expensive part of the day for the pocket (rush hour), since between 8:00 p.m. and 9:00 p.m. the price of electricity will rise to 0.405 euros / kWh.
The great difference between the two bands is striking, since between the hours with the cheapest price of electricity and the most expensive there is a margin of 0.146 euros per kilowatt hour. The prices of the ‘pool’ have a direct impact on the regulated rate -the so-called PVPC-, to which almost 11 million consumers in the country are covered, and serve as a reference for the other 17 million who have contracted their supply in the free market .
Electricity price today April 14
-
Most expensive time:
between 8:00 p.m. and 9:00 p.m. Electricity price: 0.405 euros / kWh. -
cheap time:
between 03.00 and 04.00 hours. Electricity price: 0.259 euros / kWh.
The National Commission of Markets and Competition (CNMC) has verified that last year, in the framework of the upward escalation in the cost of energy, about 1.25 million people passed the Voluntary Price for Small Consumers (PVPC) at an electricity rate in the free market at a fixed price.
Evolution of the price of electricity
The slight drop in the price of electricity today with 220.76 euros/MWh. It supposes a new demand for the consumers’ pocket in view of the similar electricity prices that have been registered this Wednesday (229.44 euros / MWh.).
Evolution of the price of electricity
-
Price April 13, Wednesday:
229,44 euros / MWh. -
Price April 12, Tuesday:
230 euros / MWh. -
Price April 11, Monday:
163,13 euros / MWh. -
Price April 10, Sunday:
159,33 euros/MWh. -
Price April 9, Saturday:
241,59 euros/MWh. -
Price April 8, Friday:
154,7 euros / MWh. -
Price April 7, Thursday:
214,79 euros / MWh.
Objective: lower the price of electricity
Spain and Portugal recently agreed on a joint proposal before the European Commission to limit the price of gas in the wholesale market, and thus achieve a reduction in the price of electricity. Both Executives set the maximum price at which combined cycle plants (those that use gas to produce electricity) will be able to offer their energy in their market at 30 euros/MWh, that of the ‘Iberian exception’ allowed by the last European Council.
How does the price of electricity work?
To specify the price of electricity, the Iberian Energy Market Operator organizes an auction every day. In it, producers and distributors sell and acquire electricity based on the supply and demand that is forecast for the following day hour by hour.
In fact, the price of electricity in the wholesale market must still be added to the cost of tolls and the other charges that are applied to the final bill. Electricity tolls are those that finance the distribution of electricity to all households, while the other charges section of the electricity bill includes concepts as disparate as the tariff deficit, the transport of electricity to islands or incentives for renewable energies. All this results in an electricity rate that will be more or less economical depending on the time slot and the contracted modality (regulated or free market).
Advice from the OCU before the rise of the light
The price of electricity continues to skyrocket and, for the moment, shows no signs of starting to fall after the central government backed down this Monday and ruled out limiting it to 180 euros per megawatt hour, as it intended to do before March 29. In this context, the Organization of Consumers and Users (OCU) has demanded the temporary suspension of energy taxes and intervention in markets that set its price, and has explained how to save on the next electricity bill.
Applications to face the price of electricity
Optimizing the contracted power, acquiring efficient appliances and comparing rates (especially on the free market, the unregulated one) is key to facing the rise in the price of electricity and thus saving on the bill at the end of the month. For this, it is essential to adapt the start-up of electronic devices to the valley bands, that is, those in which the kWh. it is much cheaper. How? Both the Apple Store for iOS (iPhone, iPad, etc.) and the Play Store for Android have a number of applications where you can check the average price of electricity and its cost by time slot in real time.