Electricity prices Sunday, 24 Nov 2024

Electricity Prices in Sweden: An Overview for November 24 and 25, 2024

Today's electricity prices in Sweden show an interesting variation, ranging from almost negligible costs during the night to slightly higher levels during the evening rush hour. However, it is tomorrow's prices that truly capture attention, with negative electricity prices during the early morning hours.

Today's Electricity Price: November 24, 2024

In the early hours of the day, from midnight until 04:59, consumers can rejoice as electricity prices range between 2.90 and 4.27 öre per kWh. These low prices make it a perfect time for energy-intensive activities such as charging an electric car or running the dishwasher. Prices increase slightly throughout the day, reaching their peak in the afternoon, with a high of 10 öre per kWh between 16:00 and 16:59.

Tomorrow's Electricity Price: November 25, 2024

Tomorrow presents an unusual situation where electricity prices drop to negative levels during the early morning hours. Between 00:00 and 05:59, electricity prices are negative, meaning consumers essentially get paid to use electricity. This is an excellent opportunity for households to take advantage of by, for example, charging an electric car or running energy-intensive appliances. Prices rise for the remainder of the day, peaking at 17 öre per kWh between 08:00 and 09:59.

Interesting Facts About Electricity Prices

During the cheapest hour today, it costs nothing to shower, bathe, charge the car, or play games on the computer. These activities are practically free thanks to the low electricity prices. Charging an electric car may even provide a small financial benefit during this hour.

Economic Tips

For those looking to save money, it is wise to plan energy-intensive activities during the cheapest hours. Tomorrow, for example, one can choose to charge the electric car during the early morning hours when electricity prices are negative. It is also an advantageous time for running the dishwasher or taking a long bath.

Electricity Prices in a Broader Perspective

If we had the lowest electricity price all year round, it would cost -263 kronor to heat a medium-sized house of 160 sqm. This demonstrates the potential savings that can be achieved when electricity prices are low. On the other hand, with the highest electricity price, the same heating would cost 3085 kronor.

In conclusion, today's and tomorrow's electricity prices offer a unique opportunity for Swedish households to optimize their energy usage and potentially save money. With negative electricity prices tomorrow, it is a perfect time to plan for energy-intensive activities.