The price of electricity goes down tomorrow.
The price of electricity tomorrow, Sunday, drops to 177.86 euros / MWh. Check the price of electricity hour by hour to connect your appliances
The price of electricity tomorrow, Sunday, drops slightly. Tomorrow, May 1, the price of electricity registers a slight decrease and stands at 177.86 euros / MWh. The drop in the price of electricity is 4.61%, which will be felt in the electricity bill at the end of the month. This downward evolution causes the price of electricity to move a little further from the barrier of 200 euros per megawatt / hour, although it will also force you to scratch your pocket when starting up appliances such as the washing machine, the oven or the dishwasher.
The price of electricity tomorrow 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 tomorrow, Sunday, May 1, will be 199.63% more expensive compared to 59.36 euros / MWh . registered on May 1, 2021.
Cheapest hours in the price of electricity tomorrow, Sunday
The rise in the price of electricity tomorrow, Sunday, will be reflected in the electricity bill, once the corresponding tolls and charges have been applied. For this reason, tomorrow, May 1, the average electricity price is set at 177.86 euros / MWh.
The price of electricity tomorrow Sunday hour by hour
Time | electricity price | Time | electricity price |
|---|---|
00h – 01h: 206 euros / MWh. | 12h – 13h: 167,39 euros / MWh. |
01h – 02h: 199,7 euros / MWh. | 13h – 14h: 150,74 euros / MWh. |
02h – 03h: 197,56 euros / MWh. | 14h – 15h: 140,4 euros / MWh. |
03h – 04h: 192,2 euros / MWh. | 15h – 16h: 131,7 euros / MWh. |
04h – 05h: 197,43 euros / MWh. | 16h – 17h: 117,77 euros / MWh. |
05h – 06h: 201,32 euros / MWh. | 17h – 18h: 95,05 euros / MWh. |
06h – 07h: 195 euros / MWh. | 18h – 19h: 128,27 euros / MWh. |
07h – 08h: 194,95 euros / MWh. | 19h – 20h: 164,06 euros / MWh. |
08h – 09h: 186,94 euros / MWh. | 20h – 21h: 211,62 euros / MWh. |
09h – 10h: 182,04 euros / MWh. | 21h – 22h: 227 euros / MWh. |
10h – 11h: 177,31 euros / MWh. | 22h – 23h: 222,96 euros / MWh. |
11h – 12h: 170,93 euros / MWh. | 23h – 24h: 210,26 euros / MWh. |
The cheapest time in the price of electricity tomorrow, Sunday, to start up household appliances -off-peak time- will be between 5:00 p.m. and 6:00 p.m., when the MWh. will be listed at 95.05 euros. On the other hand, dinner time will be the most expensive part of the day for the pocket (rush hour), since between 9:00 p.m. and 10:00 p.m. the price of electricity will rise to 227 euros / MWh.
The great difference between both bands is striking, since between the hours with the cheapest price of electricity and the most expensive there is a margin of 131.95 euros per megawatt / hour. The prices of the ‘pool’ have a direct impact on the regulated electricity 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 tomorrow Sunday May 1
Most expensive time:
between 9:00 p.m. and 10:00 p.m. Electricity price: 227 euros / MWh.cheap time:
between 5:00 p.m. and 6:00 p.m. Electricity price: 95.05 euros / MWh.
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 drop in the price of electricity tomorrow with 177.86 euros / MWh., represents the fourth decrease of the week, after Wednesday it was reduced from 233.78 to 220.95 euros per megawatt / hour, the Friday it will drop from 224.97 to 214.84 euros and this Saturday it will do the same to 186.45.
Evolution of the price of electricity
Price May 1, Sunday:
177,86 euros / MWh.Price April 30, Saturday:
186,45 euros / MWh.Price April 29, Friday:
214,84 euros / MWh.Price April 28, Thursday:
224,97 euros / MWh.Price April 27, Wednesday:
220,95 euros / MWh.Price April 26, Tuesday:
233,78 euros / MWh.Price April 25, Monday:
226,57 euros / MWh.
Agreement with one goal: lower the price of electricity
Spain and Portugal will be able to limit the price of gas in the wholesale electricity market, although they will do so with a higher range than that initially proposed for the so-called ‘Iberian exception’, after the reluctance shown by the partners of the center and the east European, led by Germany; and after the pressure exerted by a good part of the electricity sector to knock down the proposal. In order to adjust the price of electricity, Brussels raises the limit to 50 euros/MWh for one year compared to the 30 proposed together with Portugal, with which part of the bills will be reduced by 40%.
Electricity price: when will we notice the drop in the bill?
The agreement will allow the price of electricity to be reduced considerably. Of course, which users does this reduction in the price of electricity affect? And, most importantly, when will the electricity bill begin to drop? Keys to the new energy agreement that seeks to avoid the high price of electricity.
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 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 MWh. 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.