Free Electricity During the Night and Rising Prices Tomorrow

Richard Andersson - Mon, 25 Nov 2024 - 12:02

Electricity prices

1 Likes 0 Comments

Electricity Prices in Sweden: Free Energy During the Night

Today, on November 25, 2024, Swedish electricity customers can enjoy free energy during the night. Between midnight and 4:59 AM, electricity prices are negative, which means that it is actually profitable to use electricity during these hours. For example, during the cheapest hour, it costs nothing to take a bath, shower, charge your electric car, or play games on the computer.

Detailed Electricity Prices Today

During the early morning hours, until 5:00 AM, electricity prices are negative, which means that you actually get paid to use electricity. From 5:00 AM, prices start to rise, reaching their peak between 8:00 AM and 7:00 PM, with the highest price at 17 öre per kWh. After 8:00 PM, prices drop again, making it more economical to use electricity in the evening.

Economic Tips for Energy Usage Today

To maximize savings, it is recommended to charge your electric car, do the dishes, and run the washing machine during the early morning hours. A shower costs -5 öre during the cheapest hour, while a bath costs -8 öre. Charging your electric car costs -87 öre, which is a fantastic opportunity for electric car owners to save money.

Electricity Prices Tomorrow: A Rising Trend

Tomorrow, on November 26, 2024, we see a significant increase in electricity prices. After a night of low prices, prices start to rise sharply from 6:00 AM and peak at 51 öre per kWh at 6:00 PM. This means it is important to plan energy usage to minimize costs.

Plan Your Energy Usage

To save money tomorrow, consider using electricity during the early morning hours or late evenings. Between 12:00 AM and 5:00 AM, prices are low, making it a good time to charge your electric car or run energy-intensive appliances.

Facts: Electricity Prices and Costs

It is interesting to note that if we had the lowest electricity price throughout the year, it would have cost -263 SEK to heat a medium-sized house of 160 sqm. With the highest electricity price, the same heating would cost 9186 SEK. This highlights the importance of planning energy usage to take advantage of lower prices.

The Role of Electricity Companies

Electricity companies in Sweden play a crucial role in balancing the demand and supply of electricity. During periods of overproduction, such as during the night, prices can become negative. This is a result of an efficient energy market where electricity companies work to optimize usage and minimize costs for consumers.

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

1 058 401 176 178KR

Electricity prices Monday, 25 Nov 2024