Electricity prices Wednesday, 11 Sep 2024

Today's Electricity Prices: A Mix of Free and Cheap

Today, on September 11, 2024, we have an interesting mix of electricity prices in Sweden. During the night, from midnight until 02:59, the electricity price is actually negative or free. Between 00:00 and 01:59, the price is -0.0114 öre per kWh, which means you get paid to use electricity! This is an excellent opportunity to charge your electric car, do the dishes, or even take a bath.

Free Electricity During the Night

During the first two hours of the day, electricity is free. This means you can:

• Charge your electric car and get back 74 öre (with a consumption of 60 kWh).
• Take a shower and get back 4 öre (with a consumption of 4 kWh).
• Take a bath and get back 7 öre (with a consumption of 6 kWh).
• Do the dishes with the dishwasher and get back 1 öre (with a consumption of 1 kWh).

Electricity Prices in the Morning

From 03:00, prices start to rise slightly, peaking at 23.5484 öre per kWh between 09:00 and 10:00. This means it costs 1412 öre to charge an electric car during the most expensive hour (with a consumption of 60 kWh), 141 öre to take a bath (with a consumption of 6 kWh), and 35 öre to do the dishes with the dishwasher (with a consumption of 1 kWh).

Afternoon and Evening

Prices drop slightly in the afternoon but rise again in the evening, peaking at 13.2121 öre per kWh between 17:00 and 18:00. This means it costs 11 öre to play games on a computer consuming 500Wh during the most expensive hour.

Tomorrow's Electricity Prices: Continued Low Prices

Tomorrow, on September 12, 2024, we see continued low electricity prices during the night and morning. From midnight until 03:59, the electricity price is again negative or free. This means you can continue to take advantage of free electricity to charge your electric car, do the dishes, or take a bath.

Free Electricity During the Night

During the first hours of the day, electricity is once again free. This means you can:

• Charge your electric car and get back 74 öre (with a consumption of 60 kWh).
• Take a shower and get back 4 öre (with a consumption of 4 kWh).
• Take a bath and get back 7 öre (with a consumption of 6 kWh).
• Do the dishes with the dishwasher and get back 1 öre (with a consumption of 1 kWh).

Electricity Prices in the Morning

From 04:00, prices start to rise slightly, peaking at 15.3902 öre per kWh between 19:00 and 20:00. This means it costs 1412 öre to charge an electric car during the most expensive hour (with a consumption of 60 kWh), 141 öre to take a bath (with a consumption of 6 kWh), and 35 öre to do the dishes with the dishwasher (with a consumption of 1 kWh).

Afternoon and Evening

Prices drop slightly in the afternoon but rise again in the evening, peaking at 14.3097 öre per kWh between 18:00 and 19:00. This means it costs 11 öre to play games on a computer consuming 500Wh during the most expensive hour.

Curiosities About Electricity Prices

If we had the lowest electricity price throughout the year, it would have cost -224 SEK to heat a medium-sized house of 160 sqm (with an energy consumption of 18000 kWh over the year). On the other hand, if we had the highest electricity price throughout the year, it would have cost 4238 SEK to heat the same house.

It is clear that electricity prices can vary significantly depending on the time of day and season. Planning your electricity consumption can therefore lead to significant savings.