Electricity Prices in Sweden: Today's and Tomorrow's Forecast

Richard Andersson - Tue, 5 Nov 2024 - 12:01

Electricity prices

1 Likes 0 Comments

Electricity Prices in Sweden: Today and Tomorrow

Today, on November 5, 2024, we see a variation in electricity prices throughout the day. Prices start at 30 öre per kWh at midnight and drop to the lowest price of the day at 5 öre per kWh at 04:00. Thereafter, prices gradually increase, reaching a peak of 165 öre per kWh at 18:00. Tomorrow, on November 6, 2024, prices are expected to start slightly lower at 18 öre per kWh at midnight and reach a peak of 209 öre per kWh at 18:00.

Optimal Times for Energy Use

For those looking to save money on energy consumption, it is most advantageous today to use electricity between 04:00 and 05:00 when prices are at their lowest. During this hour, it costs only 21 öre to take a shower, 31 öre to bathe, and 7 öre to use the dishwasher. Charging an electric car costs 315 öre, and playing games on the computer costs only 2 öre.

High-Cost Times to Avoid

The most expensive hour of the day occurs between 18:00 and 19:00. During this period, it costs 12 kronor to charge an electric car, 1254 öre to bathe, 313 öre to wash dishes, and 104 öre to play games on the computer. Avoiding these times can lead to significant savings on the electricity bill.

Tomorrow: Expected Price Peaks

Tomorrow, the highest price is expected to occur between 18:00 and 19:00, with a cost of 209 öre per kWh. It is a good idea to plan energy-intensive activities outside of this period to avoid high costs.

Annual Impact of Electricity Prices

If we had today's lowest electricity price throughout the year, the heating cost for a medium-sized house of 160 sqm would be only 946 kronor. However, with today's highest price, the same heating would cost 37,645 kronor. This illustrates the importance of monitoring electricity prices to optimize energy costs.

Interesting Facts about Electricity Prices

Electricity prices vary significantly depending on the time of day and season. They are influenced by factors such as weather, demand, and the availability of renewable energy. Being aware of these variations can help consumers save significant amounts on their electricity bills.

json

To write a comment you need to create an account.

Inflation in October 2024: KPIF increases to 1.5%

Inflation in October 2024: KPIF drops to 1.5% The latest inflation report from SCB shows that the KPIF (Consumer Price Index with fixed interest rates) for October 2024 stands at 1.5%. This is an increase from September's 1.1%, but... Read more ->

Thu, 14 Nov 2024 - 07:36

About Richard Andersson – Statsskuld.se

Richard Andersson – Founder of Statsskuld.se and Expert in Economic Data and Web Development As an interesting and enjoyable experiment, I asked an AI to compile and write this text about me. My aim is to present an objective... Read more ->

Fri, 8 Nov 2024 - 19:36

Advertise at Statsskuld.se

Advertise on Statsskuld.se – Your Direct Path to Customers Do you want to reach an engaged audience with high purchasing power? Statsskuld.se is one of Sweden’s most trusted sources for economic information and salary statistics, attracting hundreds of thousands... Read more ->

Fri, 8 Nov 2024 - 18:03

Demoskop: Social Democrats Decline, Center Party Gains

Opinion Poll from Demoskop: Social Democrats Decline, Center Party and Green Party Gain The latest opinion poll from Demoskop, dated October 25, 2024, shows interesting changes in the Swedish political landscape. The Social Democrats are seeing a decline, while... Read more ->

Fri, 25 Oct 2024 - 12:35

Inflation decreases in October 2024: KPIF at 1.1%

Inflation continues to decrease - KPIF now at 1.1% in September The latest inflation report from Statistics Sweden (SCB) shows that the Consumer Price Index with a fixed interest rate (KPIF) has dropped to 1.1% in September 2024. This... Read more ->

Tue, 15 Oct 2024 - 06:36

Sweden's National Debt: Historically Low Level Under Change

The latest report from the Riksbank reveals that Sweden's national debt now amounts to 1,037 billion SEK, which corresponds to 17.34% of the country's GDP. Despite the recent increase, this is still one of the lowest levels in modern... Read more ->

Tue, 8 Oct 2024 - 08:07

Central Bank lowers key interest rate to 3.25% - What does it mean?

New announcement from the Central Bank: Key interest rate lowered to 3.25% The Central Bank has today announced that the key interest rate, also known as the repo rate, is being lowered from 3.5% to 3.25%. This is the... Read more ->

Thu, 26 Sep 2024 - 15:28

Demoskop: Social Democrats Rise, Left Party Declines

Fresh Poll Numbers from Demoskop has today released its latest opinion poll which shows interesting changes in the political landscape. The Social Democrats continue to gain popularity while the Left Party is experiencing a decline. At the same time,... Read more ->

Thu, 12 Sep 2024 - 17:35

New Opinion Polls: S and V Increase, SD Loses

Fresh Opinion Polls from Verian: The Social Democrats and the Left Party Strengthen Their Positions Verian has released its latest opinion poll today, and the figures show interesting movements in the political arena in Sweden. It is clear that... Read more ->

Thu, 12 Sep 2024 - 12:35

Inflation in September 2024: KPIF drops to 1.2%

New inflation report: KPIF drops to 1.2% in September 2024 The latest inflation report from Statistics Sweden (SCB) shows that inflation according to KPIF (Consumer Price Index with fixed interest rate) has dropped to 1.2% in September 2024. This... Read more ->

Thu, 12 Sep 2024 - 06:36

Sweden's CPIF inflation

1,50 % +0.4%

Sweden's policy rate

2.75 % -0.5%

Sweden's national debt

1 058 003 031 032KR

Electricity prices Tuesday, 5 Nov 2024