Electricity prices Sunday, 21 Jul 2024

Today's Electricity Prices: A Mix of High and Low Costs

Electricity prices in Sweden vary significantly today, July 21, 2024, with prices ranging from negative cents to over 50 cents per kWh. For the early birds, electricity is cheapest between 13:00 and 13:59, with a price of -0.0698 cents per kWh. This means you actually get paid to use electricity during this hour. On the other hand, electricity prices peak between 21:00 and 21:59, reaching 54.7290 cents per kWh.

Free Electricity Between 12:00 and 12:59

During the cheapest hour today, between 12:00 and 12:59, it costs nothing to take a bath, shower, charge your car, or play games. This is an excellent time to engage in energy-intensive activities.

Costs for Common Activities during the Cheapest Hour

We have calculated that during the cheapest hour of the day today, taking a shower costs: 0 cents. We have assumed that the shower consumes 4 kWh of energy.

We have calculated that during the cheapest hour of the day today, taking a bath costs: 0 cents. We have assumed that the bath consumes 6 kWh of energy.

We have calculated that during the cheapest hour of the day today, running a load of dishes in the dishwasher costs: 0 cents. We have assumed that the dishwasher consumes 1 kWh of energy.

We have calculated that during the cheapest hour of the day today, it costs: -4 cents to charge the car. We have assumed that the electric car needs to charge 60 kWh of energy.

We have calculated that during the cheapest hour of the day today, it costs: 0 cents to play games on a computer consuming 500Wh. We have assumed that the computer consumes 0.5 kWh of energy.

High Electricity Prices in the Evening

During the most expensive hour today, between 21:00 and 21:59, electricity prices peak at 54.7290 cents per kWh. This results in significantly higher costs for common household activities.

Costs for Common Activities during the Most Expensive Hour

We have calculated that during the most expensive hour of the day today, taking a bath costs: 369 cents. We have assumed that the bath consumes 6 kWh of energy.

We have calculated that during the most expensive hour of the day today, running a load of dishes in the dishwasher costs: 92 cents. We have assumed that the dishwasher consumes 1 kWh of energy.

We have calculated that during the most expensive hour of the day today, it costs: 3697 cents to charge the car. We have assumed that the electric car needs to charge 60 kWh of energy.

We have calculated that during the most expensive hour of the day today, it costs: 30 cents to play games on a computer consuming 500Wh. We have assumed that the computer consumes 0.5 kWh of energy.

Tomorrow's Electricity Prices: More Stable but Still Variations

Tomorrow, July 22, 2024, we see slightly more stable electricity prices, but there are still significant variations. Prices start low during the night with 23.3248 cents per kWh between 00:00 and 00:59, and peak at 61.6189 cents per kWh between 20:00 and 20:59.

Cheap Hours in the Morning

For those looking to save on electricity, the early morning hours between 00:00 and 05:00 are the best, with prices ranging from 23.3248 cents to 25.2560 cents per kWh.

Costs for Common Activities during the Cheapest Hours

During these hours, you can expect relatively low costs for common activities like showering, bathing, and charging an electric car.

Most Expensive in the Evening

The most expensive hours tomorrow fall in the evening, between 20:00 and 21:59, with prices exceeding 61 cents per kWh. This is a time to avoid energy-intensive activities if possible.

Costs for Common Activities during the Most Expensive Hours

During these hours, the cost of charging an electric car or taking a bath can be significantly higher than during the cheaper hours.

Interesting Facts about Electricity Prices and Energy Usage

One interesting thing to note is that if we had the lowest electricity price throughout the year, it would actually cost -12 SEK to heat a typical 160 sqm house. This is based on an annual consumption of 18000 kWh of energy.

On the other hand, if we had the highest electricity price throughout the year, it would cost 11091 SEK to heat the same house. This highlights the significant variations in electricity prices and how they can impact household energy costs.

To provide a concrete picture of how electricity prices affect daily activities, we have made the following calculations:

During the Cheapest Hour of the Day Today

Showering costs: 0 cents (4 kWh).

Taking a bath costs: 0 cents (6 kWh).

Running a load of dishes in the dishwasher costs: 0 cents (1 kWh).

Charging the car costs: -4 cents (60 kWh).

Playing games on a computer costs: 0 cents (0.5 kWh).

During the Most Expensive Hour of the Day Today

Taking a bath costs: 369 cents (6 kWh).

Running a load of dishes in the dishwasher costs: 92 cents (1 kWh).

Charging the car costs: 3697 cents (60 kWh).

Playing games on a computer costs: 30 cents (0.5 kWh).

With these insights, you can plan your energy usage to maximize savings and minimize costs. Keep an eye on electricity prices and adjust your activities accordingly.