Electricity prices Saturday, 29 Jun 2024

Electricity Prices in Sweden for June 29, 2024

Electricity prices in Sweden vary significantly today, on June 29, 2024. During the early morning hours, we have seen prices that are both negative and extremely low, which means that consumers in some cases actually get paid to use electricity.

Free Electricity During Certain Hours

During the most favorable hours today, between 10:00 AM and 3:59 PM, the electricity price is negative. This means that it costs nothing to take a bath, shower, charge the car, or play games during these hours. For example, for a shower consuming 4 kWh of energy, you actually get -8 øre.

Negative Electricity Prices During the Day

Here is an overview of electricity prices during the hours when the price is negative:

• 10:00 AM-10:59 AM: -0.2986 øre
• 11:00 AM-11:59 AM: -1.9423 øre
• 12:00 PM-12:59 PM: -1.7205 øre
• 1:00 PM-1:59 PM: -1.8485 øre
• 2:00 PM-2:59 PM: -2.0874 øre
• 3:00 PM-3:59 PM: -1.5925 øre

Highest Electricity Prices During the Evening

In the evening, we see a significant increase in electricity prices. The most expensive hour today is between 8:00 PM and 8:59 PM, when the electricity price reaches 47.52 øre per kWh.

Costs for Common Activities During the Most Expensive Hour

During the most expensive hour today, between 8:00 PM and 8:59 PM, the following costs apply for some common activities:

• Taking a bath (6 kWh): 329 øre
• Dishwashing with a dishwasher (1 kWh): 82 øre
• Charging an electric car (60 kWh): 3292 øre
• Playing games on a computer (0.5 kWh): 27 øre

Electricity Prices in Sweden for June 30, 2024

Tomorrow, on June 30, 2024, electricity prices seem to be much more stable and advantageous for consumers. During several hours in the middle of the day, the electricity price is zero, which means it is free to use electricity.

Free Electricity During Several Hours

Tomorrow, the electricity price will be zero between 10:00 AM and 3:59 PM. This means it costs nothing to take a bath, shower, charge the car, or play games during these hours.

Electricity Prices During the Cheapest Hours

Here is an overview of electricity prices during the hours when the price is zero:

• 10:00 AM-10:59 AM: 0.0000 øre
• 11:00 AM-11:59 AM: 0.0000 øre
• 12:00 PM-12:59 PM: 0.0000 øre
• 1:00 PM-1:59 PM: 0.0000 øre
• 2:00 PM-2:59 PM: 0.0000 øre
• 3:00 PM-3:59 PM: 0.0000 øre

More Stable Electricity Prices for the Rest of the Day

For the rest of the day tomorrow, electricity prices range between 5.27 øre and 9.32 øre per kWh, which is significantly lower than today's highest prices.

Costs for Common Activities During the Most Expensive Hours Tomorrow

During the most expensive hours tomorrow, between 6:00 PM and 10:59 PM, the following costs apply for some common activities:

• Taking a bath (6 kWh): 56 øre
• Dishwashing with a dishwasher (1 kWh): 9 øre
• Charging an electric car (60 kWh): 559 øre
• Playing games on a computer (0.5 kWh): 5 øre

Interesting Facts About Electricity Prices

For those interested in how electricity prices can affect household finances, it may be interesting to know that if we had the lowest electricity price throughout the year, it would have cost -375 SEK to heat a medium-sized house of 160 sqm. This calculation is based on the house consuming 18000 kWh of energy over the year.

On the other hand, if we had the highest electricity price throughout the year, it would have cost 9877 SEK to heat the same house.

With these variations in electricity prices, it may be wise to plan electricity consumption during the cheapest hours of the day, especially if there is an opportunity to control when electricity is used the most.