Richard Andersson

Richard Andersson - Fri, 13 Sep 2024 - 11:01

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

Today, September 13, 2024, offers an interesting variation in electricity prices throughout the day. While the night and early morning hours offer record-low prices, the costs rise significantly during the morning rush hours. Tomorrow's electricity prices show a slightly smoother curve, with continued low prices during the night.

Today's Electricity Prices: September 13, 2024

During the night, from midnight until 06:00, electricity prices remain steadily below 7 öre per kWh. The cheapest hour occurs between 01:00 and 01:59, with the electricity price as low as 4.19 öre per kWh. This means that it is cost-free to shower, bathe, charge the car, do the dishes, and play games during this time.

From 07:00 onwards, prices rise sharply, reaching a peak of 105 öre per kWh between 08:00 and 08:59. During this most expensive hour, for example, it costs 632 öre to fill the bathtub and 6323 öre to fully charge an electric car.

In the afternoon, from 11:00 to 17:00, prices drop again to between 11 and 16 öre per kWh, making it a more economical time to use energy-intensive appliances.

Tomorrow's Electricity Prices: September 14, 2024

Tomorrow we see a continued low price during the night, starting at 6.03 öre per kWh at midnight and dropping to 4.88 öre per kWh at 03:00. The absolute cheapest hour falls between 13:00 and 14:00, with a price of only 0.47 öre per kWh. This means that activities like showering, bathing, charging the car, doing the dishes, and playing games are practically free during this time.

Prices rise slightly in the afternoon to reach a peak of 13 öre per kWh between 17:00 and 18:59. Thereafter, they drop again towards the evening and night.

Tips for Energy Usage

To maximize cost-effectiveness, it is recommended to plan energy-intensive activities such as laundry, dishes, and electric car charging during the cheapest hours. During the day's cheapest hour, for example, you can shower, bathe, or charge your electric car at no cost at all.

Curious Facts About Electricity Prices

If hypothetically we were to have the lowest electricity price throughout the year, it would cost -2 kronor to heat up a medium-sized house of 160 square meters. This is based on an annual energy consumption of 18,000 kWh. However, at today's highest electricity price, the same heating would cost 18,969 kronor.

Electricity prices continue to fluctuate depending on several factors, including weather and demand. It is always wise to stay informed and plan your energy usage accordingly to save both energy and money.

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