Electricity prices Friday, 25 Oct 2024

Electricity Prices for October 25, 2024

Today, on October 25, 2024, we see a varied price range on the electricity market in Sweden. During the early morning hours, between 00:00 and 05:59, prices are very low, with a minimum of 2.29 öre per kWh. It's an excellent time to run energy-intensive appliances like the dishwasher, which costs as little as 3 öre during the cheapest hour.

Peaks and Valleys in Today's Electricity Prices

Electricity prices peak today between 08:00 and 09:59, reaching up to 25 öre per kWh. During this time, it is significantly more expensive to use a lot of energy, for example, taking a bath costs a whopping 516 öre. However, during the cheapest hour, between 03:00 and 03:59, taking a bath costs only 13 öre.

Activities and Costs

For those looking to keep their costs down, it's wise to plan energy-intensive activities during the early morning hours. Charging an electric car during the cheapest hour costs only 137 öre for 60 kWh, while the same charge during the most expensive hour costs a total of 5164 öre. Playing video games can be done for as little as 1 öre during the cheapest hour, while it can cost 43 öre during the most expensive hour.

Electricity Prices for October 26, 2024

Tomorrow, on October 26, 2024, electricity prices are expected to rise significantly throughout the day. Prices start low in the early hours of the night at 3.39 öre per kWh between 00:00 and 01:59, but peak at a whopping 86 öre per kWh between 18:00 and 18:59. This means that it is much more expensive to use electricity during the busiest hours of the day.

Plan Your Energy Usage

To minimize costs, one should try to avoid using a lot of electricity during the most expensive hours. Charging an electric car during the cheapest hours costs only 204 öre for 60 kWh, while during the most expensive hours, it can cost as much as 5164 öre. A shower costs only 13 öre during the cheapest hours, but can cost up to 344 öre during the most expensive hours.

Interesting Facts about Electricity Prices and Utility Companies

Did you know that if we had today's lowest electricity price of 2.29 öre per kWh all year round, it would cost only 411 SEK to heat a medium-sized house of 160 sqm? This is compared to 15492 SEK if we had today's highest electricity price of 25 öre per kWh all year round.

Conclusion

It is clear that electricity prices vary significantly depending on the time of day and day. By planning your energy usage, you can save significant amounts of money. Using electricity during the cheapest hours can make a big difference in the total electricity cost.