Today's and Tomorrow's Electricity Prices in Sweden

Richard Andersson - Thu, 7 Nov 2024 - 12:01

Electricity prices

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

November 7, 2024, offers a varied electricity price curve in Sweden. Early morning hours offer relatively low prices, while evening demand drives up costs. Let's take a closer look at today's and tomorrow's electricity prices along with some interesting facts about energy consumption.

Today's Electricity Prices: November 7, 2024

Today, electricity prices started at 23 öre per kWh at midnight and dropped to as low as 1 öre per kWh at 04:00. This early morning is perfect for energy-intensive activities. However, prices rise significantly during the day, peaking at 161 öre per kWh between 18:00 and 18:59.

Cheapest Hours for Energy Consumption

During the cheapest hour, between 04:00 and 04:59, it costs only 5 öre to take a shower and 8 öre for a bath. Running the dishwasher costs only 2 öre, and playing games on the computer is free during the same hour.

Most Expensive Hours for Energy Consumption

Between 18:00 and 18:59, prices rise dramatically. Taking a bath costs 964 öre, while a load of dishes in the dishwasher costs 241 öre. Charging an electric car costs a whopping 965 kronor during this hour.

Tomorrow's Electricity Prices: November 8, 2024

Tomorrow, we see a slightly more stable price curve. Prices start at 42 öre per kWh at midnight and drop to 15 öre per kWh at 23:00. This stability makes it easier to plan energy-intensive activities.

Tips for Energy Consumers

For those looking to save on the electricity bill, it is wise to plan energy-intensive activities during the cheaper hours of the day. Tomorrow's prices offer a great opportunity to take advantage of low costs during late evening hours.

Interesting Facts about Electricity Prices

If we had the lowest electricity price all year, it would only cost 253 kronor to heat a normal-sized house of 160 sqm. At today's highest price, the same heating would cost a whopping 28,944 kronor.

Electricity prices are influenced by many factors, including weather, demand, and supply. For those who plan their energy consumption wisely, it can lead to significant savings over time.

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Sweden's CPIF inflation

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Sweden's policy rate

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Electricity prices Thursday, 7 Nov 2024