Richard Andersson

Richard Andersson - Sat, 10 Aug 2024 - 11:01

Electricity prices
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Today's Electricity Prices: A Sensational Day for Energy Consumption

Today, August 10, 2024, we have an unusual and exciting situation in the electricity market in Sweden. For several hours, electricity prices will be negative, which means that consumers will essentially get paid to use electricity. This is a unique opportunity for everyone to take advantage of the low prices and plan their electricity-intensive activities.

Free Electricity for Several Hours

For a large part of the day today, electricity prices are negative. Here are some highlights:

  • 00:00-00:59: -0.93 öre/kWh
  • 01:00-01:59: -1.02 öre/kWh
  • 02:00-02:59: -1.00 öre/kWh
  • 03:00-03:59: -1.03 öre/kWh
  • 04:00-04:59: -1.15 öre/kWh
  • 05:00-05:59: -1.15 öre/kWh
  • 06:00-06:59: -0.94 öre/kWh
  • 07:00-07:59: -0.59 öre/kWh
  • 08:00-08:59: -0.17 öre/kWh
  • 09:00-09:59: -0.80 öre/kWh
  • 10:00-10:59: -3.45 öre/kWh
  • 11:00-11:59: -14.02 öre/kWh
  • 12:00-12:59: -23.69 öre/kWh
  • 13:00-13:59: -39.44 öre/kWh
  • 14:00-14:59: -37.43 öre/kWh
  • 15:00-15:59: -28.45 öre/kWh
  • 16:00-16:59: -8.76 öre/kWh

Perfect Time for Showering, Bathing, and Charging Your Car

During the cheapest hour of the day, between 13:00 and 13:59, you can enjoy a shower, a bath, or even charge your electric car completely for free. Here are some examples of how much you can save:

  • Shower: -214 öre (4 kWh)
  • Bath: -322 öre (6 kWh)
  • Dishwasher cycle: -80 öre (1 kWh)
  • Charge electric car: -3221 öre (60 kWh)
  • Play games on computer: -26 öre (0.5 kWh)

Evening Electricity Prices

Electricity prices will slightly increase during the evening, but they remain relatively low. Here are some examples of prices:

  • 17:00-17:59: 0.00 öre/kWh
  • 18:00-18:59: 2.88 öre/kWh
  • 19:00-19:59: 3.33 öre/kWh
  • 20:00-20:59: 3.33 öre/kWh
  • 21:00-21:59: 3.38 öre/kWh
  • 22:00-22:59: 2.52 öre/kWh
  • 23:00-23:59: 0.49 öre/kWh

Tomorrow's Electricity Prices: Continued Low Prices

Even tomorrow, August 11, 2024, electricity prices will be favorable. Here are some of the most interesting times:

Free Electricity During the Night

During the night, electricity prices will be close to zero or even negative:

  • 00:00-00:59: 0.00 öre/kWh
  • 01:00-05:59: -0.01 öre/kWh
  • 06:00-06:59: -0.01 öre/kWh

Perfect Time for Dishwashing and Bathing

During the cheapest hours tomorrow, you can also enjoy low costs for various activities:

  • Dishwasher cycle: -0.01 öre (1 kWh)
  • Bath: -0.07 öre (6 kWh)

Afternoon's Super Low Prices

During the afternoon, electricity prices drop again to very low levels:

  • 10:00-10:59: -5.75 öre/kWh
  • 11:00-11:59: -14.67 öre/kWh
  • 12:00-12:59: -29.36 öre/kWh
  • 13:00-13:59: -53.69 öre/kWh
  • 14:00-14:59: -36.00 öre/kWh
  • 15:00-15:59: -23.15 öre/kWh

Optimal Time to Charge Your Electric Car

During the cheapest hours tomorrow, you can charge your electric car at very low costs:

  • Charge electric car: -3221 öre (60 kWh)

Curiosities and Interesting Facts

Did you know that if we had the lowest electricity price throughout the year, it would cost -9663 SEK to heat a medium-sized house of 160 sqm? This calculation assumes the house consumes 18000 kWh of energy over the year. This demonstrates the enormous potential for savings when electricity prices are extremely low.

Comparison with Today's Most Expensive Hour

During the most expensive hour of the day today, from 21:00 to 21:59, the electricity price is 3.38 öre/kWh. Here are some examples of costs:

  • Shower: 13 öre (4 kWh)
  • Bath: 20 öre (6 kWh)
  • Dishwasher cycle: 3 öre (1 kWh)
  • Charge electric car: 203 öre (60 kWh)
  • Play games on computer: 2 öre (0.5 kWh)

This comparison shows how much you can save by planning your electricity-intensive activities during the cheapest hours of the day.

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