Electricity prices Friday, 27 Sep 2024

Electricity Prices Today and Tomorrow: An Overview

Today, on September 27, 2024, we have seen an interesting variation in electricity prices throughout the day. During the early hours, prices have been exceptionally low, with a record of -0.2259 öre between 04:00 and 04:59. It is a period when it is actually advantageous to use electricity, as you get paid for consumption. However, prices rise significantly during the morning hours, peaking at 16 öre between 08:00 and 08:59.

Today's Cheapest and Most Expensive Hours

The cheapest hour today is between 04:00 and 04:59, when the electricity price is negative, meaning it costs nothing to take a bath, shower, charge your car, or play games. During this hour, for example, it costs -11 öre to take a bath, -7 öre to shower, and -119 öre to charge an electric car (calculated on 60 kWh). It is therefore an excellent time for energy-intensive activities.

On the other hand, the electricity price reaches its peak between 08:00 and 08:59, with a price of 16 öre. During this hour, it costs 139 öre to take a bath and 1392 öre to charge an electric car, making it the most expensive time of the day for electricity-intensive activities.

Electricity Prices Tomorrow

Tomorrow, on September 28, 2024, electricity prices are expected to be somewhat more stable. The lowest prices will be around 3 öre during the night and early morning, while the highest prices are expected to reach 18 öre between 09:00 and 09:59. It is a good idea to plan energy-intensive activities for the early morning hours to take advantage of the lower prices.

Interesting Facts About Electricity Prices

It is fascinating to think about how electricity prices can affect our daily routines. If we had the lowest electricity price throughout the year, it would have cost -359 kronor to heat a medium-sized house of 160 sqm, based on an annual consumption of 18,000 kWh. However, with the highest electricity price, the cost would have been 4178 kronor.

Tips for Optimizing Electricity Consumption

To maximize savings and efficiency in electricity consumption, it may be wise to adjust certain activities to the cheapest hours of the day. Here are some tips:

• Showering and Bathing: Plan these activities for the early morning hours when electricity prices are lowest.
• Charging the Electric Car: If possible, charge the car during the night when prices are negative or very low.
• Dishwasher: Run the dishwasher during the cheapest hours to reduce costs.
• Playing Games or Using Computers: Take advantage of the hours with lower electricity prices to keep costs down.

Being aware of electricity prices and adjusting your habits can lead to significant savings over time. With today's fluctuating electricity prices, it is more relevant than ever to be a smart energy consumer.