Electricity prices Sunday, 10 Nov 2024

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

Electricity prices in Sweden show a varied trend over the next 24 hours. Today, on November 10, 2024, we see a price difference ranging from 55 öre to 99 öre per kWh depending on the time of day. For tomorrow, November 11, 2024, prices are expected to rise slightly with peak prices at 137 öre per kWh.

Today's Electricity Price Variations

During the early hours of the day, from 00:00 to 06:00, electricity prices vary between 55 öre and 70 öre per kWh. The lowest cost of 55 öre per kWh occurs between 04:00 and 05:00, making it an advantageous time for energy-intensive activities such as washing dishes or charging an electric car.

Later in the evening, between 18:00 and 20:00, electricity prices reach their highest levels of the day, peaking at 99 öre per kWh at 18:00. For those looking to save money, it may be wise to avoid energy-intensive activities during these hours.

Tomorrow's Electricity Price Forecast

Tomorrow, on November 11, 2024, the day starts with slightly lower electricity prices, ranging from 60 öre per kWh at 02:00 to 06:00. There is then a significant price increase during the morning, with a peak at 137 öre per kWh at 09:00. This is a time to avoid if possible for energy-intensive activities.

In the evening, prices drop again to more manageable levels, with a price of 91 öre per kWh at 20:00. This time may be more suitable for charging an electric car or using other energy-intensive appliances.

Practical Tips for Energy Usage

With today's lowest electricity price at 55 öre per kWh, you can save money by planning your energy-intensive activities during this time. For example, taking a shower during this hour costs only 2 kronor, while running the dishwasher costs 82 öre. Charging an electric car costs 33 kronor during this hour.

During the most expensive hour today, at 18:00, the same shower costs 4 kronor and running the dishwasher costs 2 kronor. Charging an electric car during this hour costs 82 kronor, making it significantly more expensive than during the cheapest hour of the day.

Interesting Facts about Electricity Prices

If we could maintain the lowest electricity price throughout the year, the cost of heating a medium-sized house of 160 sqm would have been approximately 9898 kronor. However, if we had instead had the highest electricity price all year, the cost would have increased to 24606 kronor. This highlights the importance of taking advantage of lower electricity prices when possible to save money.

Summary

To optimize your energy usage and save money, plan your most energy-intensive activities during times of lower electricity prices. Keep an eye on electricity price forecasts and adjust your habits accordingly. This way, you can reduce your electricity costs and contribute to a more sustainable energy usage.