Electricity prices Saturday, 3 Aug 2024

Electricity Prices in Sweden 2024-08-03: A Mix of High and Low

Today, we have seen a fluctuating trend in electricity prices across Sweden. Prices have ranged from as low as 5 öre per kWh to as high as 51 öre per kWh. This means that there are opportunities to save money and times when it may be wise to postpone energy-intensive activities.

Cheapest Hours Today

The cheapest hour today is between 13:00 and 13:59, when the electricity price drops to 7 öre per kWh. During this hour, it costs nothing to shower, bathe, charge the car, or play games on the computer. This is an excellent time to carry out energy-intensive activities without worrying about high costs.

Examples of Activities

During the cheapest hour today, you can:

• Shower completely free, which would normally cost 0.29 kronor at an average electricity price.
• Bathe at no cost, an activity that would typically cost 0.43 kronor.
• Charge your electric car and even get paid for it, with a savings of -1 öre.
• Play games on the computer without having to think about the electricity bill, something that would otherwise cost 0.14 kronor.

Most Expensive Hours Today

The most expensive hour today is between 19:00 and 19:59, when the electricity price reaches 51 öre per kWh. During this hour, it may be wise to avoid energy-intensive activities.

Examples of Activities

During the most expensive hour today, the following activities would cost:

• Showering would cost 2.04 kronor, which is significantly higher than during the cheapest hours.
• Bathing would cost 3.05 kronor, a significant difference compared to the cheapest hours.
• Charging your electric car would cost a whopping 30.50 kronor, which can be a significant cost for many.
• Playing games on the computer would cost 0.25 kronor, much higher than during the cheapest hours.

Electricity Prices Tomorrow 2024-08-04: A Glimpse of Free Electricity

Tomorrow, we see a similar trend with varying electricity prices, but with an exciting surprise. Between 13:00 and 13:59, the electricity price will actually be negative, meaning you get paid to use electricity!

Cheapest Hours Tomorrow

The cheapest hour tomorrow is between 13:00 and 13:59, when the electricity price is -0.02 öre per kWh. This is a unique opportunity to carry out energy-intensive activities and even earn some money from it.

Examples of Activities

During the cheapest hour tomorrow, you can:

• Shower completely free and even get paid for it.
• Bathe at no cost, an activity that would typically cost 0.43 kronor.
• Charge your electric car and get paid for it, with a savings of -1 öre.
• Play games on the computer without having to think about the electricity bill.

Most Expensive Hours Tomorrow

The most expensive hour tomorrow is between 18:00 and 18:59, when the electricity price reaches 30 öre per kWh. During this hour, it may be wise to avoid energy-intensive activities.

Examples of Activities

During the most expensive hour tomorrow, the following activities would cost:

• Showering would cost 1.20 kronor.
• Bathing would cost 1.80 kronor.
• Charging your electric car would cost 18.00 kronor.
• Playing games on the computer would cost 0.15 kronor.

Interesting Facts about Electricity Prices

Did you know that if we had the lowest electricity price all year, it would cost -4 kronor to heat a medium-sized house of 160 sqm? This is an incredible saving compared to the highest electricity price, which would cost 9152 kronor for the same amount of energy.

Tips for Energy Usage

To maximize your savings, you can plan your energy-intensive activities during the cheapest hours of the day. Here are some tips:

• Do the dishes, shower, and bathe during the cheapest hours to save money.
• Charge your electric car when the electricity price is lowest to minimize costs.
• Avoid using energy-intensive appliances during the most expensive hours to keep the electricity bill down.

Keep an eye on electricity prices and plan your energy usage smartly to take advantage of the best prices and save money.