The price of light tomorrow 19 August will rise almost 70% after the weekend’s downtrend. The two million customers whose contracts are linked to the rate control They should check the cheapest hours to save on the electricity bill when they install higher consumption appliances such as air conditioning. Therefore, experts recommend using the household appliances which eats most in the holiday hours, that is the washing machine one of them. This is the price per hour.
The price of electricity tomorrow 19 August per hour (OMIE)
This Monday in August the price of light It rises 68.56% compared to this Sunday, up to 93.72 euro/MWh on average. he maximum price It will be reached from 9:00 am to 10:00 pm and will be 157.48 euro/MWh. he minimum price It will be 67.1 euros/MWh and will take place between 3:00 pm and 4:00 pm, according to data from the Iberian Energy Market Operator (OMIE).
- From 00:00 to 01:00 hours: €91.7/MWh
- From 01:00 to 02:00 hours: €76.6/MWh
- From 02:00 to 03:00 hours: €74.8/MWh
- From 03:00 to 04:00 hours: €75.92/MWh
- From 04:00 to 05:00 hours: €75.65/MWh
- From 05:00 to 06:00 hours: €79.97/MWh
- From 06:00 to 07:00 hours: €85.1/MWh
- From 07:00 to 08:00 hours: €116.02/MWh
- From 08:00 to 09:00 hours: €116.92/MWh
- From 09:00 to 10:00 hours: €112.58/MWh
- From 10:00 to 11:00 hours: €82.35/MWh
- From 11:00 to 12:00 hours: €74.28/MWh
- From 12:00 to 13:00: €70/MWh
- From 1:00 pm to 2:00 pm: €69/MWh
- From 2:00 pm to 3:00 pm: €69/MWh
- From 3:00 pm to 4:00 pm: €67.1/MWh
- From 4:00 pm to 5:00 pm: €70/MWh
- From 5:00pm to 6:00pm: €79.44/MWh
- From 6:00pm to 7:00pm: €103/MWh
- From 7:00pm to 8:00pm: €116.26/MWh
- From 8:00 pm to 9:00 pm: €129.72/MWh
- From 9:00 pm to 10:00 pm: €157.48/MWh
- From 22:00 to 23:00 hours: €131.3/MWh
- From 23:00 to 24:00 hours: € 125 / MWh
How the electricity bill is formed
But in addition prices It must be taken into account that consumer invoices are covered by the regulated market o Price Voluntary for Small Consumers (PVPC) They consist of the term energy, which is what is spent and changes every hour.
This in turn has been done by the pool price, tolls and fees and other services for the proper functioning of the electrical system. In addition, receipts include other concepts such as contractual power, taxes (such as VAT) and equipment rental.
he final cost It is the one that must be taken into account to try to save the cheapest time slots and choose to use the appliances that consume the most, for example the washing machine, air conditioning or dishwasher.
Therefore, the the price of light The amount consumed (the energy term) in the regulated tariff depends on several factors, so it cannot be free even though the price on the wholesale market is zero euro per hour.
- ‘us’: cost of energy in the wholesale market.
- Tolls: They serve to reward electricity transport and distribution activities. In the free market, tolls are included in the cost of energy consumed and contracted. In the PVPC, this amount is broken down: on the one hand, it includes the cost of tolls and, on the other, the cost of marketing.
- Charges: They are set by the Ministry of Ecological Transition and are higher costs than the tolls and include, among other things, premiums for renewable energy, tariff deficit or the additional cost of extra generation.
- In addition, on the other hand, the invoice includes other costs such as electricity tax, equipment rental or VAT.
This is how the PVPC of the price of electricity is calculated
From January 1, 2024, a new PVPC calculated structure its indexation with the prices of the pre-markets and a reduction in its volatility, which affects the billing of the energy term of the regulated tariff. The result of this hourly price curve is the addition of the cost of energy production (the ‘pool’), the payments for transport and distribution tolls and the fees corresponding to the energy consumed.
For his part, the cost of production It consists of the hourly price resulting from the daily energy market, published by the Iberian Electricity Market Operator (OMIE). In addition, these prices also take into account the cost of adjustment services managed by Red Eléctrica as system operator, as well as other concepts included in the current regulations.
he PVPCin the 2.0 TD rate, which was in force from June 1, 2021, replacing the three that existed until May 31, 2021 with one, which has a time distinction in three periods for the application of tolls and regulatory charges . The most expensive one (rush hour) will be in the morning, between 10am. and 2 pm and evening, between 6 pm
The average price (a flat hour) is in the morning from 8 am to 10 am, in the afternoon from 2 pm to 6 pm and at night from 10 pm to midnight. The cheapest time (off-peak time) occurs between 0 and 8. All these times apply to the Peninsula, the Balearic Islands and the Canary Islands. In Ceuta and Melilla, the periods start and end one hour later, except for the flat period in the 23 to 24 hour section.
These periods are applied in the energy term and in the power term of the electricity bill of those consumers covered by the PVPC – contracted power up to 10 kW – throughout the national territory.
Three appliances that increase your electricity bill
When we buy new appliancesit is important to take into account three basic aspects: their energy efficiency, use them correctly (some even have saving modes) and make sure that their consumption fits our electricity bill. However, there are some appliances that generally consume more electricity than others.
The dishwasher, although it is not an appliance that is present in every home, is one of those that requires the highest electricity consumption. According to OCU calculations, it can consume up to 246 kWh per year, which represents about 7% of the total energy consumption and transfers up to 74 extra euros on the annual electricity bill. The same thing happens with the washing machine, which can consume up to 255 kWh per year, that is, about 77 euros extra on the annual bill. Finally, and logically, there is the refrigerator, which has an average consumption of 662 kWh per year, which means an increase of about 199 euros on the annual rate in the case of the PVPC.