Electricity prices Tuesday, 24 Sep 2024

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Richard Andersson

Richard Andersson - Tue, 24 Sep 2024 - 11:01

Electricity prices
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Electricity Prices in Sweden: Today's and Tomorrow's Variations

Today, on September 24, 2024, electricity prices have varied significantly throughout the day. The lowest prices were recorded early in the morning, while the highest prices occurred during the most intense hours in the morning. Tomorrow promises even greater surprises, with negative prices during certain hours.

Today's Electricity Prices - September 24, 2024

During the early morning hours, electricity prices were at their lowest, costing around 9 cents per kWh. Prices gradually increased throughout the morning and peaked at 27 cents per kWh around 5:00 PM. Therefore, the most expensive hour of the day will be between 5:00 PM and 6:00 PM. During this hour, for example, it would cost 242 cents to take a bath, based on a consumption of 6 kWh.

Tomorrow's Electricity Prices - September 25, 2024

Tomorrow's electricity prices are expected to be significantly lower, with a notable event: between 10:00 PM and 11:59 PM, the electricity price will be negative, meaning that consumers will essentially get paid to use electricity. This is an excellent opportunity to charge your electric car or run the dishwasher. During this time, it actually costs nothing to play games on the computer or charge the car.

Cost-Free Activities Tomorrow

During the cheapest hour tomorrow, between 10:00 PM and 11:59 PM, it costs nothing to take a bath, shower, charge the electric car, or play games. This is a perfect opportunity to use electricity-intensive appliances without worrying about costs.

Interesting Facts About Electricity Prices

If we had the lowest electricity price throughout the year, it would have cost -162 SEK to heat a medium-sized house of 160 sqm. This demonstrates the significant variation in electricity prices and how they can impact household expenses.

Electricity prices are influenced by a variety of factors, including weather conditions, supply and demand, and international energy markets. This dynamic can lead to large price variations, as evident in today's and tomorrow's pricing.

For consumers, these fluctuations provide opportunities to save money by adjusting their electricity consumption to the cheapest hours. Charging the electric car or running energy-demanding appliances during the cheapest hours can result in significant savings.

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Sweden's CPIF inflation

1,50 % +0.4%

Sweden's policy rate

2.75 % -0.5%

Sweden's national debt

1 057 911 084 189KR
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