Electricity prices Wednesday, 16 Oct 2024

Electricity Prices in Sweden on October 16, 2024

Today, on October 16, 2024, electricity prices in Sweden have varied significantly throughout the day. Prices have ranged from as low as 0.76 öre per kWh during the cheapest hour to 38.71 öre per kWh during the most expensive hours. This means that it can be beneficial to carefully plan electricity consumption to save money.

Cheapest and Most Expensive Hours Today

During the cheapest hour, from 11:00 PM to 11:59 PM, it costs almost nothing to use electricity. This is an excellent opportunity to charge an electric car, do the dishes, or play games without significantly affecting the wallet. It is also a perfect time for those who want to take a bath or a shower.

On the other hand, during the most expensive hours between 8:00 AM to 8:59 AM, it is significantly more expensive to use electricity. Taking a bath can cost up to 232 öre, while charging an electric car can cost as much as 23 kronor.

Tips for Saving Money on Electricity

To optimize electricity consumption, it is recommended to use energy-demanding appliances during the cheaper hours. This includes charging an electric car, running the dishwasher, and taking longer showers or baths.

Electricity Prices in Sweden on October 17, 2024

Tomorrow, on October 17, 2024, electricity prices are expected to be even more favorable for consumers. During several hours early in the morning, electricity will actually be free, and during some hours, you will even get paid to use electricity.

Free Electricity During the Night

Between 1:00 AM and 5:59 AM, electricity is free, and during some hours, it is even negative, meaning you get paid to consume electricity. This is a rare opportunity to truly maximize your electricity consumption at no cost.

Optimization Tips for Tomorrow

Plan to charge your electric car, run the washing machine, and use other energy-demanding appliances during these hours to take full advantage of the low prices. This is also a perfect time for those who want to take a long bath or shower.

Trivia About Electricity Prices

Did you know that if we had the lowest electricity price throughout the year, it would cost -220 kronor to heat a medium-sized house of 160 sqm? This shows the potential for cost savings when electricity prices are low.

Electricity prices in Sweden are influenced by a variety of factors, including weather conditions and demand. By staying informed and planning electricity consumption, consumers can save significant amounts on their electricity bills.