Electricity prices Saturday, 14 Sep 2024

Electricity Prices in Sweden: A Daily Analysis

Today, on September 14, 2024, we have observed an interesting variation in electricity prices throughout the day. Prices started at 6 öre per kWh at midnight and gradually decreased to today's lowest price of 0.48 öre per kWh between 13:00 and 13:59. After this time, prices started to rise again, reaching a peak of 13 öre per kWh between 17:00 and 18:59.

Free Hour of the Day

For those looking to take advantage of the lowest electricity prices, it was between 13:00 and 13:59 when it was almost free to use electricity. During this hour, you could run the dishwasher or play games on the computer at no cost. Even taking a shower only cost 1 öre and a bath 2 öre, making it an excellent time to carry out these activities.

Most Expensive Hour of the Day

The most expensive hour today occurred between 17:00 and 18:59, with prices at 13 öre per kWh. During this period, it would cost 63 kronor to charge an electric car, significantly more than during the cheaper hours. Taking a bath during this hour would have cost 6 kronor and 31 öre, while running the dishwasher would have cost 1 krona and 57 öre.

Forecast for Tomorrow

Tomorrow, on September 15, 2024, electricity prices are expected to start at 10 öre per kWh at midnight and decrease to the day's lowest price of 2 öre per kWh between 13:00 and 13:59. Prices will then rise again, reaching a peak of 17 öre per kWh between 18:00 and 18:59.

Plan for Low-Cost Activities

For those looking to save on their electricity bills tomorrow, once again, between 13:00 and 13:59 is the best time to carry out electricity-intensive activities. During this hour, taking a shower costs only 9 öre and a bath 13 öre. Charging the car costs 1 krona and 33 öre, which is much cheaper than during the more expensive hours.

Electricity Prices and Energy Companies

Interestingly, if we had the lowest electricity price throughout the year, it would have cost only 85 kronor to heat a medium-sized house of 160 sqm. This demonstrates the significant potential for savings during periods of low electricity prices.

Electricity Prices and Climate Impact

Electricity prices can also be influenced by weather and climate conditions. For example, during periods of high production from renewable energy sources such as solar and wind, prices can decrease significantly. It is therefore important to stay informed and plan energy usage accordingly.

In conclusion, both today and tomorrow offer opportunities for smart energy usage. By planning activities around the cheapest hours, households can save significant amounts on their electricity bills.