Richard Andersson - Thu, 15 Aug 2024 - 11:01

Economics Electricity prices

Today's Electricity Prices: August 15, 2024

Today, electricity prices have varied significantly throughout the day, with the lowest prices early in the morning and the highest prices in the evening. Here is a summary of today's electricity prices:

00:00-00:59: 0.09 SEK/kWh
01:00-01:59: 0.07 SEK/kWh
02:00-02:59: 0.05 SEK/kWh
03:00-03:59: 0.04 SEK/kWh
04:00-04:59: 0.05 SEK/kWh
05:00-05:59: 0.08 SEK/kWh
06:00-06:59: 0.39 SEK/kWh
07:00-07:59: 0.47 SEK/kWh
08:00-08:59: 0.50 SEK/kWh
09:00-09:59: 0.43 SEK/kWh
10:00-10:59: 0.26 SEK/kWh
11:00-11:59: 0.17 SEK/kWh
12:00-12:59: 0.11 SEK/kWh
13:00-13:59: 0.05 SEK/kWh
14:00-14:59: 0.04 SEK/kWh
15:00-15:59: 0.05 SEK/kWh
16:00-16:59: 0.20 SEK/kWh
17:00-17:59: 0.14 SEK/kWh
18:00-18:59: 0.44 SEK/kWh
19:00-19:59: 0.48 SEK/kWh
20:00-20:59: 0.49 SEK/kWh
21:00-21:59: 0.43 SEK/kWh
22:00-22:59: 0.35 SEK/kWh
23:00-23:59: 0.27 SEK/kWh

Tomorrow's Electricity Prices: August 16, 2024

Tomorrow, electricity prices are expected to vary even more dramatically, with a period of negative prices during the night. Here is an overview of tomorrow's electricity prices:

00:00-00:59: 0.25 SEK/kWh
01:00-01:59: 0.21 SEK/kWh
02:00-02:59: 0.003 SEK/kWh
03:00-03:59: Free (actually negative price!)
04:00-04:59: 0.001 SEK/kWh
05:00-05:59: 0.23 SEK/kWh
06:00-06:59: 0.36 SEK/kWh
07:00-07:59: 0.41 SEK/kWh
08:00-08:59: 0.40 SEK/kWh
09:00-09:59: 0.35 SEK/kWh
10:00-10:59: 0.30 SEK/kWh
11:00-11:59: 0.26 SEK/kWh
12:00-12:59: 0.17 SEK/kWh
13:00-13:59: 0.14 SEK/kWh
14:00-14:59: 0.13 SEK/kWh
15:00-15:59: 0.26 SEK/kWh
16:00-16:59: 0.32 SEK/kWh
17:00-17:59: 0.41 SEK/kWh
18:00-18:59: 0.50 SEK/kWh
19:00-19:59: 0.78 SEK/kWh
20:00-20:59: 0.81 SEK/kWh
21:00-21:59: 0.61 SEK/kWh
22:00-22:59: 0.50 SEK/kWh
23:00-23:59: 0.42 SEK/kWh

Curiosties and Interesting Facts

During the cheapest hour today, between 14:00 and 14:59, it costs nothing to take a shower, bath, charge the car, or play games on the computer. For those looking to save money on the electricity bill, this is the perfect time to take advantage of.

Consumption Costs During the Cheapest Hour Today:

Shower: Free (4 kWh)
Bath: Free (6 kWh)
Dishwasher: Free (1 kWh)
Charge Electric Car: Free (60 kWh)
Play Games on Computer: Free (0.5 kWh)

Consumption Costs During the Most Expensive Hour Today:

Shower: 2 SEK (4 kWh)
Bath: 3 SEK (6 kWh)
Dishwasher: 1 SEK (1 kWh)
Charge Electric Car: 29 SEK (60 kWh)
Play Games on Computer: 0.20 SEK (0.5 kWh)

Annual Heating Cost for a Medium-Sized House:

If we had the lowest electricity price throughout the year, it would have cost -80 SEK to heat a medium-sized house of 160 sqm, with an annual energy consumption of 18,000 kWh. At the highest price, the heating cost would have been 14,615 SEK.

Tips to Save Money on the Electricity Bill

To maximize savings and reduce the electricity bill, you can follow these tips:

Shower, bathe, and charge the electric car during the cheapest hours of the day.
Avoid using energy-intensive appliances during the most expensive hours.
Plan your electricity consumption by keeping track of electricity prices and adjusting your habits accordingly.

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Sweden's CPIF inflation

1,20 % -0.5%

Sweden's policy rate

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Sweden's national debt

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Electricity prices Thursday, 15 Aug 2024