Electricity prices Saturday, 21 Sep 2024

Electricity Prices in Sweden: An Overview of Today's and Tomorrow's Costs

The Swedish electricity market is experiencing an interesting variation in prices today on September 21, 2024. With prices ranging from almost free to a high of 37 öre per kWh, there is much to consider for consumers. Here is a detailed overview of today's and tomorrow's electricity prices, along with some tips to optimize your energy usage.

Today's Electricity Prices: From Almost Free to 37 öre per kWh

During the early morning hours today, consumers could enjoy almost free electricity. Between 12:00 and 13:59, electricity prices were so low that it was practically cost-free to use electricity for daily activities such as showering, bathing, washing dishes, or charging an electric vehicle. It was a perfect time to carry out energy-intensive activities without burdening the wallet.

Free Electricity: Perfect for Energy-Intensive Activities

During the cheapest hour between 12:00 and 13:59, it cost nothing to shower, bathe, wash dishes, charge an electric vehicle, or play games on the computer. This is an excellent opportunity to plan these activities to take advantage of the low prices.

Higher Prices During Evening Hours

Electricity prices rose significantly during the evening hours, with the highest cost being 37 öre per kWh between 19:00 and 19:59. During this hour, for example, it cost 311 öre to take a bath or 3112 öre to charge an electric vehicle. This is a significant difference compared to earlier hours in the day.

Tomorrow's Electricity Prices: An Expected Increase

Tomorrow, on September 22, 2024, electricity prices are expected to rise compared to today's levels. The cheapest hour will be between 13:00 and 13:59 with a price of 9 öre per kWh, while the most expensive hour will occur between 18:00 and 18:59 with a price of 52 öre per kWh.

Plan Your Energy Usage

To save on energy costs tomorrow, it is recommended to plan energy-intensive activities during the cheaper hours between 13:00 and 15:59. During these hours, prices are significantly lower, which can help keep costs down.

Interesting Facts About Electricity Prices

Did you know that if we had the lowest electricity price throughout the year, it would only cost 2 kronor to heat a typical 160 sqm house? However, if we had the highest price throughout the year, the cost would rise to 9336 kronor. This demonstrates how significant price differences can impact annual energy costs.

The Role of Electricity Companies in Pricing

Electricity companies in Sweden play a crucial role in pricing electricity. They adjust prices based on factors such as demand, weather conditions, and access to renewable energy sources. This means that consumers can see significant variations in their electricity bills depending on these factors.

Conclusion: Monitor Electricity Prices to Save Money

To optimize your energy costs, it is important to monitor electricity prices and plan your energy usage accordingly. By taking advantage of the cheaper hours, you can save significant amounts on your electricity bill. With tomorrow's expected price increase, it is wise to be aware of when it is most cost-effective to use electricity.