Electricity Prices December 17-18, 2024: Savings Tips and Statistics

Richard Andersson - Tue, 17 Dec 2024 - 12:02

Electricity prices

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Today's and Tomorrow's Electricity Prices in Sweden

Electricity prices in Sweden vary significantly throughout the day, and today, on December 17, 2024, we see a clear peak in the afternoon and evening. Prices reach their highest point between 5:00 PM and 5:59 PM at 84 öre per kWh. The cheapest hour is between 1:00 AM and 1:59 AM when the price drops to a modest 2 öre per kWh.

Electricity Prices on December 17, 2024

During the day, electricity prices gradually rise from 4 öre per kWh at midnight to 73 öre per kWh at 3:00 PM. They then peak for the day at 5:00 PM. The evening sees a gradual decline, with prices stabilizing around 46 öre per kWh at 10:00 PM.

Practical Tips for Energy Usage Today

For those looking to save money on their electricity bill today, it is advantageous to use electricity-intensive appliances during the cheaper hours. For example, it costs only 9 öre to take a shower and 3 öre to run a dishwasher during the cheapest hour. Charging an electric car costs 147 öre during the same period. However, during the most expensive hour, it costs a whopping 5057 öre to charge an electric car.

Electricity Prices on December 18, 2024

Tomorrow, on December 18, electricity prices are expected to be slightly lower compared to today. Prices start the night at 37 öre per kWh and gradually decrease to 2 öre per kWh at midnight. The most cost-effective time to use electricity is late in the evening, especially between 9:00 PM and 11:59 PM.

Practical Tips for Energy Usage Tomorrow

Tomorrow, it may be advantageous to plan energy-demanding activities for later in the day. Charging the electric car or using the dishwasher during the late evening hours can result in significant savings.

Interesting Facts About Electricity Prices

If we had the lowest electricity price throughout the year, it would cost only 441 kronor to heat a medium-sized house of 160 sqm, compared to 15172 kronor if we had the highest electricity price. This shows how significant the differences can be depending on electricity prices.

In conclusion, we can see that electricity prices vary significantly throughout the day, and there are great opportunities to save money by adjusting energy usage to the cheapest hours. This is especially relevant for households using electricity-intensive appliances.

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Sweden's CPIF inflation

1,80 % +0.3%

Sweden's policy rate

2.75 % -0.5%

Sweden's national debt

1 063 812 653 469KR

Electricity prices Tuesday, 17 Dec 2024