Electricity prices Thursday, 12 Sep 2024

Electricity Prices in Sweden: A Sensational Morning and Exciting Evening

Today, September 12, 2024, the electricity prices in Sweden have been nothing short of spectacular. During the night, between 00:00 and 03:59, it was free to use electricity. In fact, the electricity companies paid consumers to use electricity between 01:00 and 02:59. It's a perfect time for night owls to charge their electric cars, take a long shower, or even play video games without worrying about electricity costs.

Free Electricity and Low Costs

During the cheapest hour today, it has been free to take a bath, do the dishes, charge the car, or play games. This is due to the negative electricity prices recorded during the night. For those planning to use electricity-intensive appliances, it's a golden opportunity to save money.

Afternoon and Evening Prices

However, during the afternoon and evening, we see a significant increase in electricity prices. The most expensive hour today falls between 19:00 and 19:59, with a price of 15 öre per kWh. For those planning to take a bath during this time, it could cost 6 kronor and 35 öre. For those thinking of charging their electric car, it could cost a whopping 64 kronor.

Tomorrow: Expected Prices

Tomorrow, September 13, 2024, electricity prices are expected to start low during the night but rise sharply in the early morning hours. Between 07:00 and 09:00, prices are expected to reach up to 61 öre and 106 öre per kWh. This is a significant increase compared to today's prices. For those who have the opportunity, it might be wise to plan electricity-intensive activities for later in the day when prices drop again.

Interesting Facts about Electricity Prices

If we had the lowest electricity price all year, it would have cost -2 kronor to heat a medium-sized house of 160 sqm, which is a fascinating thought. On the other hand, if we had today's highest price all year, the cost would have been 19,066 kronor for the same house.

Tips for Energy Saving

To keep electricity costs down, it is recommended to use large appliances such as washing machines, dishwashers, and electric cars during the hours when electricity prices are lowest. Planning showers and baths during these times can also contribute to significant savings. For gaming enthusiasts, it may also be a good idea to play during the cheaper hours.

In conclusion, today's and tomorrow's electricity prices offer both challenges and opportunities for Swedish consumers. By being aware of price trends, one can optimize their electricity consumption and save money.