Richard Andersson

Richard Andersson - Fri, 23 Aug 2024 - 11:01

Economics Electricity prices
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Today's and Tomorrow's Electricity Prices in Sweden

The electricity prices in Sweden show an interesting dynamic today on August 23, 2024, and tomorrow on August 24, 2024. Today's electricity prices vary significantly throughout the hours of the day, with a mix of negative and positive values.

Today's Electricity Prices 2024-08-23

During the night and early morning, the electricity price is negative, which means you actually get paid to use electricity. Between 00:00 and 05:59, the electricity price ranges from -1.22 öre to 0 öre per kWh. During these hours, it is free or even profitable to use electricity for activities such as charging the electric car, doing dishes, or taking a shower.

From 06:00 onwards, the electricity price starts to rise and reaches its peak between 08:00 and 09:59 with prices of 5.39 öre and 4.24 öre per kWh. Prices then drop again and become negative between 12:00 and 15:59, with the lowest point at -2.01 öre per kWh at 14:00.

The afternoon and evening show a mix of positive and negative prices, with a price of 4.07 öre per kWh at 18:00 as the highest point. The day ends with negative prices from 21:00 to midnight, with a lowest point of -3.44 öre per kWh at 23:00.

Tomorrow's Electricity Prices 2024-08-24

Tomorrow's electricity prices show an even more dramatic trend with significantly lower prices. During the night, from 00:00 to 05:59, the electricity prices are very low, ranging from -8.68 öre to -11.41 öre per kWh. This means you get paid to use electricity during these hours.

During the morning and forenoon, prices remain negative, with a slight increase to -2.33 öre per kWh at 10:00. Prices then drop again and reach their lowest point at -13.42 öre per kWh at 12:00.

The afternoon and evening show a mix of negative and zero prices, with a brief period of zero price between 18:00 and 19:59. The day ends with negative prices, with a lowest point of -2.30 öre per kWh at 23:00.

Economic Tips for Energy Usage

With the low and negative electricity prices today and tomorrow, there are many opportunities to save money or even earn by using electricity. Here are some tips:

  • Charge Your Electric Car: During the cheapest hour today, it costs -8.05 kronor to charge an electric car that needs 60 kWh. Take the opportunity to charge your car during this time to maximize savings.
  • Bathing and Showering: It is free to bathe and shower during the cheapest hours today and tomorrow. During the cheapest hour today, a shower costs -0.53 kronor and a bath costs -0.80 kronor.
  • Doing Dishes: Use the dishwasher during the cheapest hours to save money. During the cheapest hour today, washing dishes costs -0.20 kronor.
  • Playing Games: If you enjoy playing computer games, do it during the cheapest hours. During the cheapest hour today, it costs -0.06 kronor to play games on a computer consuming 0.5 kWh.

Interesting Facts about Electricity Prices

Did you know that if we had the lowest electricity price throughout the year, it would cost -2416 kronor to heat a medium-sized house of 160 sqm? This is based on an annual consumption of 18000 kWh. It is a fascinating thought that you could actually get paid to heat your house under such conditions.

On the other hand, if we had the highest electricity price throughout the year, it would cost 3160 kronor to heat the same house. This shows how much electricity prices can vary and how important it is to be aware of when you use the most electricity.

Summary of Today's and Tomorrow's Electricity Prices

In summary, today's and tomorrow's electricity prices show a wide variation with several hours of negative prices. This provides significant opportunities for consumers to save money or even earn by using electricity during these hours. Take the opportunity to charge your electric car, do dishes, shower, or play games during the cheapest hours to maximize your savings.

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Sweden's policy rate

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