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The price of electricity rises tomorrow Friday: the most expensive time to put the washing machine

Date: October 4, 2023 Time: 18:55:56

The price of electricity tomorrow, Friday June 2, 2023, puts falls aside and will rise again. The electricity bill will increase slightly less than 2% compared to the price of this Thursday, according to the results of the auction held today in the wholesale market. In the run-up to the weekend, use the appliances that consume the most light, such as the oven or the washing machine, it will cost more than 100 MWh in some time slots of the day.

The cap on gas will continue to not be applied, due to the fact that the price of this raw material on the Iberian Gas Market (Mibgas) remains below the limit of 58.3 euros/MWh set by the Government for the month of June.

Electric bill cheaper than a year ago

So far this year, the price of electricity has stood at an average of 87.3 euros/MWh, less than half the 213.2 euros/MWh registered during the same period of the previous year, when the Energy markets were hard hit by the Russian invasion of the Ukraine.

Despite this rise after three consecutive days of decline, electricity is still 60% cheaper than a year ago, when its price reached 215 euros/MWh, although it will be at higher levels than those registered in neighboring countries. In France, the average price will be 72.8 euros/MWh; in Germany, 81 euros/MWh; in the United Kingdom, 69.3 pounds/MWh (about 81 euros/MWh at the current exchange rate), and in Italy, 82 euros/MWh.

The price of electricity in the most expensive and cheapest hours tomorrow, Friday, June 2

By time slots, electricity will reach its highest price tomorrow between 9:00 p.m. and 10:00 p.m., with 103.5 euros/MWh, and the lowest price between 4:00 a.m. and 5:00 a.m., when it will be 74.3 euros /MWh. In this way, the average for the day stands at 86.7 euros per megawatt hour (MWh).

From 00:00 to 01:00: ​89.51 euros/MWh. From 01:00 to 02:00: 80.1 euros/MWh. From 02:00 to 03:00: 77 euros/MWh. From 03:00 to 04:00: 77 euros/MWh. From 04:00 to 05:00: 74.26 euros/MWh. From 05:00 to 06:00: 80 euros/MWh. From 06: 00 to 07:00 hours: 89.33 euros/MWh. From 07:00 to 08:00 hours: 91.72 euros/MWh. From 08:00 to 09:00 hours: 93.3 euros/MWh. From:00 to 10:00 a.m.: 87.44 euros/MWh. From 10:00 a.m. to 11:00 a.m.: 89.82 euros/MWh. From 11:00 a.m. to 12:00 p.m.: 82.1 euros/MWh. 12:00 to 1:00 p.m.: 81.1 euros/MWh. From 1:00 p.m. to 2:00 p.m.: 81.1 euros/MWh. From 2:00 p.m. to 3:00 p.m.: 77.23 euros/MWh 3:00 p.m. to 4:00 p.m.: 77.07 euros/MWh. From 4:00 p.m. to 5:00 p.m.: 80.82 euros/MWh. From 5:00 p.m. to 6:00 p.m.: 88 euros/MWh. :00 a.m. to 7:00 p.m.: 85.8 euros/MWh. From 7:00 p.m. to 8:00 p.m.: 91.4 euros/MWh From 8:00 p.m. to 9:00 p.m.: 99.82 euros/MWh From 9:00 p.m. 00 to 22:00 hours: 103.53 euros/MWh From 22:00 to 23:00 hours: 103.11 euros/MWh From 23:00 to 24:00 hours: 101.09 euros/MWh.

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.

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