The average price of light on Tuesday, April 2, 2024, was €9.85 per megawatt hour. This is a significant increase in the cost of electricity compared to yesterday, when the price of light was 2.76 euros per megawatt hour, in the last week of March.
According to the data we were able to find out thanksIberian Energy Market Operator (OMIE), during this Tuesday there will, again, be some sections where the cost of light will be around 0 euros per MWh and where the price will be really low for the consumer.
Electricity prices today, Tuesday, April 2, hour by hour
During this Tuesday, April 2, 2024, the average price of light will rise, but will continue to maintain an economic cost at different times of the day. Therefore, there will still be several sections of the day where electricity prices range between €0 per MWh and €0.44 per MWh.
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The cheapest hours of the day can be found from 11:00 AM to 5:00 PM, where the price will be 0.01 EUR/MWh. The perfect time to take advantage, do household chores, and install washing machines if you want to save as much as possible on your electricity bill.
They're not the only hours of Tuesday that are economically priced. During the morning, from 3:00 to 5:00, the price per megawatt-hour will range between 1.63 and 2 euros.
- 11:00 – 13:00: €0.44/MWh
- 13:00 – 14:00: €0.01/MWh
- 14:00 – 16:00: 0 EUR/MWh
- 16:00 – 17:00: €0.01/MWh
When will electricity be more expensive on Tuesday?
As for the rise in rates on Tuesday, April 2, they will be largely concentrated in the early hours of the morning and also at night. Although the peak will not be very high, from 20:00, coinciding with dinner time, the cost of electricity will rise to €35 per MWh from 21:00 to 22:00.
- 07:00 – 9:00: 35 EUR/MWh
- 20:00 – 21:00: 34.9 euros/MWh
- 21:00 – 22:00: 35 EUR/MWh
- 22:00 – 23:00: 29.6 euros/MWh
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