2023-08-04 08:20:07
Friday, August 4, 2023, 08:20
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Discover how to save on electricity consumption: the price of electricity today rises by 3.2%. If you have a regulated electricity rate, it is important to pay attention to the cheapest hours of the day to take advantage of the moments with the lowest electricity costs. According to the Iberian Energy Market Operator, the price of electricity has risen slightly compared to the previous day. This provides an opportunity for rate-regulated users to save when running their appliances at home.
As of today, August 4, 2023, the average price of electricity is 0.1322 euros/kWh, considering compensation to gas companies, tolls and corresponding charges, according to data provided by Red Eléctrica. Take advantage of these recommendations to optimize your electricity consumption and reduce expenses on your electricity bill.
Cheaper hours in the price of electricity
The small consumer will be able to continue enjoying a cheaper electricity bill at the end of the month if they take advantage of the cheapest hours of the day in the price of electricity. Thus, today, Friday, the electricity rate will be more advantageous for the pocket at dawn and in the early afternoon. More specifically, the hour with the cheapest electricity price will be the one from 4:00 p.m. to 5:00 p.m., with a cost of 0.0813 euros/kWh. It will, therefore, be the most beneficial time and, therefore, the most advisable time to carry out household chores that involve a greater consumption of electricity.
On the other hand, the hours in which it is least recommended to start the electrical appliances will be at night. And, above all, the consumer must be especially attentive from 9:00 p.m. to 10:00 p.m., when the price of the kWh. will rise to 0.203 euros. In other words, starting up household appliances such as the washing machine, oven or dryer will make the consumer’s bill more expensive at the end of the month.
The price of electricity today Friday hour by hour
Why doesn’t the cost of electricity increase?
Consumers can save on their electricity bill by following a series of tips and recommendations and, above all, taking advantage of the cheapest hours of the day at home. Of course, the drop in the price of electricity is not only in the hands of the user of the regulated rate, but is also conditioned by other external aspects. Thus, the drought that is being experienced in the middle of spring in some parts of the peninsula is contributing to the existence of a greater generation of electrical energy based on the sun. As the hours of sunshine increase and in the absence of heavy cloud cover, the photovoltaic solar plants in Spain are at full capacity, much higher than usual, and this means that electricity prices do not rise even more.
Has the consumption of electricity in the home decreased?
The answer is clear, yes. Families have reduced their electricity consumption in recent months, something that has intensified this April with less rain and less cold. In addition, due to the high temperatures, gas consumption decreases, which is less necessary for the combined cycles, which means that it is not necessary to activate what is known as the Iberian limit or exception. This helps to moderate the price of electricity and, therefore, the consumer can save on their bill at the end of the month.
Tricks to save on the price of electricity
The experts have agreed on five basic tips that allow families and the final consumer to reduce their electricity bill:
How to save at home
Five tips to save electricity in homes
1
Unplug devices not in use as electronics continue to draw power while plugged in even when not in use
2
Reduce the use of electrical appliances. Use household appliances and other devices less, thinking carefully about whether their use is necessary at that moment or you can wait for an hour with a cheaper rate
3
Choose more energy efficient appliances. When buying new appliances it is important to choose those that are more efficient in terms of energy. Even if they are a little cheaper in the long run they save a lot of money
4
Remember to turn off the lights when they are not needed or not to turn on all the possible ones. It is one of the easiest and most effective ways to save energy.
5
Take faster and shorter showers to use less hot water
All of them are important to achieve a reduction in the cost of electricity rates in a context of concern in society about the general rise in prices of daily consumer products.
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