Richard Andersson

Richard Andersson - Fri, 5 Jul 2024 - 11:01

Economics Electricity prices
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Electricity Prices in Sweden for Today and Tomorrow: An Overview

Today's electricity prices in Sweden offer an interesting variation, ranging from negative values to over 33 öre per kWh. Tomorrow's prices seem to provide even more opportunities for savings, with several hours where the electricity price is negative.

Electricity Prices Today, 2024-07-05

During the early hours of the day, we see very low electricity prices. Between 00:00-04:59, prices range from 7.86 öre to 3.03 öre per kWh. At 14:00-15:59, the electricity price is even negative, which means you actually get paid to use electricity.

Here are some of today's electricity prices:

  • 00:00-00:59: 7.86 öre
  • 01:00-01:59: 5.35 öre
  • 02:00-02:59: 4.68 öre
  • 03:00-03:59: 3.03 öre
  • 04:00-04:59: 3.32 öre
  • 14:00-14:59: -0.19 öre
  • 15:00-15:59: -0.03 öre

Electricity Prices Tomorrow, 2024-07-06

Tomorrow's electricity prices offer several hours with negative prices, meaning it's free to use electricity during these times. Here are some of tomorrow's electricity prices:

  • 00:00-00:59: 17.45 öre
  • 01:00-01:59: 13.35 öre
  • 02:00-02:59: 14.92 öre
  • 14:00-14:59: -2.48 öre
  • 15:00-15:59: -3.08 öre

Free Electricity Tomorrow

Tomorrow, between 14:00-15:59, the electricity price is negative, meaning it's free to take a bath, shower, charge your car, or play games during these hours. Take advantage of these times to reduce your electricity costs.

Interesting Facts and Energy Calculations

During the cheapest hour of the day today, you can even earn money by using electricity:

  • A shower costs -12 öre (4 kWh)
  • A bath costs -18 öre (6 kWh)
  • Dishwashing with the dishwasher costs -4 öre (1 kWh)
  • Charging the electric car costs -184 öre (60 kWh)
  • Playing games on a computer costs -1 öre (0.5 kWh)

During the most expensive hour of the day today, the costs look like this:

  • A shower costs 1 kr (4 kWh)
  • A bath costs 2 kr (6 kWh)
  • Dishwashing with the dishwasher costs 64 öre (1 kWh)
  • Charging the electric car costs 26 kr (60 kWh)
  • Playing games on a computer costs 21 öre (0.5 kWh)

Annual Heating Cost

If we had the lowest electricity price throughout the year, it would cost -554 SEK to heat a medium-sized house of 160 sqm (18000 kWh/year). With the highest electricity price, the cost would be 7770 SEK.

Summary

With today's and tomorrow's varying electricity prices, there are great opportunities to optimize your electricity consumption and save money. Take advantage of the cheapest hours for energy-intensive activities and benefit from negative electricity prices when they occur.

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Sweden's policy rate

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