Today's and Tomorrow's Electricity Prices in Sweden

Richard Andersson - Tue, 27 Aug 2024 - 11:02

Economics Electricity prices

Electricity Prices in Sweden: August 27-28, 2024

Electricity prices in Sweden have fluctuated significantly throughout the day and are expected to continue doing so tomorrow. Here is a summary of today's and tomorrow's electricity prices, along with some interesting insights on how these prices impact everyday activities such as showering, bathing, and charging an electric car.

Today's Electricity Prices (August 27, 2024)

Today's electricity prices have been a rollercoaster with negative prices during the night and early morning. Here are some highlights:

00:00-00:59: Free to use electricity
01:00-01:59: Free to use electricity
02:00-02:59: Free to use electricity
03:00-03:59: Free to use electricity
04:00-04:59: Free to use electricity
05:00-05:59: 0.001 krona
06:00-06:59: 0.022 krona
07:00-07:59: 0.42 krona
08:00-08:59: 0.36 krona
09:00-09:59: 0.29 krona
10:00-10:59: 0.24 krona
11:00-11:59: 0.12 krona
12:00-12:59: 0.05 krona
13:00-13:59: 0.01 krona
14:00-14:59: 0.03 krona
15:00-15:59: 0.04 krona
16:00-16:59: 0.18 krona
17:00-17:59: 0.28 krona
18:00-18:59: 0.36 krona
19:00-19:59: 0.68 krona
20:00-20:59: 0.63 krona
21:00-21:59: 0.36 krona
22:00-22:59: 0.30 krona
23:00-23:59: 0.25 krona

Tomorrow's Electricity Prices (August 28, 2024)

Tomorrow, electricity prices seem to follow a similar trend with negative prices during the night and early morning:

00:00-00:59: Free to use electricity
01:00-01:59: Free to use electricity
02:00-02:59: Free to use electricity
03:00-03:59: Free to use electricity
04:00-04:59: Free to use electricity
05:00-05:59: Free to use electricity
06:00-06:59: 0.02 krona
07:00-07:59: 0.39 krona
08:00-08:59: 0.37 krona
09:00-09:59: 0.32 krona
10:00-10:59: 0.18 krona
11:00-11:59: 0.10 krona
12:00-12:59: 0.04 krona
13:00-13:59: 0.05 krona
14:00-14:59: 0.05 krona
15:00-15:59: 0.05 krona
16:00-16:59: 0.06 krona
17:00-17:59: 0.13 krona
18:00-18:59: 0.25 krona
19:00-19:59: 0.31 krona
20:00-20:59: 0.13 krona
21:00-21:59: 0.06 krona
22:00-22:59: 0.04 krona
23:00-23:59: 0.03 krona

Interesting Facts and Calculations

Here are some interesting insights on how today's electricity prices impact the costs of everyday activities:

Cheapest Hour of the Day

During the cheapest hour of the day today (01:00-01:59), it is actually free to:

Take a shower, bath, charge the car, or play games on the computer.

Here are some specific costs:

Shower: -9 cents (4 kWh)
Bath: -13 cents (6 kWh)
Dishwasher: -3 cents (1 kWh)
Charge electric car: -1.36 krona (60 kWh)
Play games on computer: -1 cent (0.5 kWh)

Most Expensive Hour of the Day

During the most expensive hour of the day today (19:00-19:59), the costs look quite different:

Bath: 4.09 kronor (6 kWh)
Shower: 2.73 kronor (4 kWh)
Dishwasher: 1.02 kronor (1 kWh)
Charge electric car: 40.90 kronor (60 kWh)
Play games on computer: 0.34 kronor (0.5 kWh)

Annual Heating

If we had today's lowest electricity price throughout the year, it would cost -408 kronor to heat a medium-sized house of 160 sqm (18000 kWh of energy). However, if we had today's highest electricity price throughout the year, the cost would be 12,270 kronor.

Keep an eye on electricity prices and plan your activities to take advantage of the cheapest hours of the day!

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Sweden's CPIF inflation

1,20 % -0.5%

Sweden's policy rate

3.5 % -0.25%

Sweden's national debt

993 414 643 488KR

Electricity prices Tuesday, 27 Aug 2024