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Price of electricity by time slot, today August 21: When is it cheaper?

21/08/2023 and las 10:26 CEST

New rise in the cost of electricity

We tell you all the changes in your invoice

All Spain still pending the price of the electricity bill. After a season where the price of energy has become a headache for Spanish households, many continue to ask when it is more profitable to run household appliances.

The average price of a megawatt hour today August 21 in Spain it is 117,25€/MWh (according to OMIE). Currently, with the cap on gas, the price of the daily MWh has been reduced.

Peaks in the tariff: when the light is more expensive and cheaper

This Monday we will have to pay close attention to the last hours of the day. The most expensive hours to start up our household appliances will be between 8:00 p.m. and 9:00 p.m.when it will cost 149,58€/MWh.

The time zone cheaper with which you will save and the most recommended to start up the electrical appliances will be from 15 to 16 hourswhen electricity will be worth 97,09€/MWh.

Hourly electricity price, August 21

00:00 a 01:00: 125,86 euros / MWh01:00 a 02:00: 118,81 euros / MWh02:00 a 03:00: 108 euros / MWh03:00 a 04:00: 100,32 euros / MWh04:00 a 05:00: 99,32 euros / MWh05:00 a 06:00: 110 euros / MWh06:00 a 07:00: 121 euros / MWh07:00 a 08:00: 132,32 euros / MWh08:00 a 09:00: 133,31 euros / MWh09:00 a 10:00: 115 euros / MWh10:00 a 11:00: 103,99 euros / MWh11:00 a 12:00: 101,51 euros / MWh12:00 a 13:00: 101,10 euros / MWh13:00 a 14:00: 101,10 euros / MWh14:00 a 15:00: 97,51 euros / MWh15:00 a 16:00: 97,09 euros / MWh16:00 a 17:00: 101,08 euros / MWh17:00 a 18:00: 118,71 euros / MWh18:00 a 19:00: 126,22 euros / MWh19:00 a 20:00: 136,76 euros / MWh20:00 a 21:00: 149,58 euros / MWh21:00 a 22:00: 149,30 euros / MWh22:00 a 23:00: 136,01 euros / MWh23:00 a 24:00: 130 euros / MWh

Why does the price of electricity vary so much?

The main cause of lhe price fluctuations is that the price of gas is undergoing strong increases and its use is essential for the production of energy in the so-called combined cycle plants. Thus, any impact on the price of gas has an almost immediate impact on the price of electricity.

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