Electricity prices Saturday, 21 Dec 2024

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

Today's electricity prices in Sweden have been relatively low during the night and morning, with the lowest cost being only 5 öre per kWh between 11:00 PM and 11:59 PM. During this hour, it costs almost nothing to play games on the computer, take a quick shower, or run a load in the dishwasher. For those planning to charge their electric car, it costs only 83 öre, which is an unusually low cost.

Today's Highest Electricity Prices

During today's most expensive hour, from 1:00 PM to 1:59 PM, the electricity price rose to 33 öre per kWh. This means that taking a bath costs 229 öre and charging an electric car costs 23 kronor. For those playing games on the computer, it costs 19 öre during this peak hour.

Tomorrow's Electricity Prices

Tomorrow, December 22, the electricity prices will start at a low 3 öre per kWh during the night and morning. It is an excellent time for households to plan their energy usage, such as running the dishwasher or charging the electric car. However, prices will rise during the day, peaking at 38 öre per kWh between 5:00 PM and 5:59 PM.

Tips for Energy Saving

To maximize energy savings, it is recommended to take advantage of the cheaper hours of the day. For example, for a shower that consumes 4 kWh, the cost is only 5 öre during today's cheapest hour. This can be compared to 229 öre during the most expensive hour. Planning energy-intensive activities like bathing, dishwashing, and electric car charging during these off-peak hours can result in significant savings.

Electricity Prices in Perspective

If we had today's lowest electricity price throughout the year, it would have cost only 250 kronor to heat a normal-sized house of 160 sqm. This demonstrates the potential savings that can be achieved by taking advantage of low electricity prices when available.

Facts about Electricity Prices and Utility Companies

Electricity prices in Sweden can vary significantly depending on the time of day and season. During the winter months, when demand is high, prices tend to rise. Utility companies constantly work to balance production and demand to keep prices stable.

The Future of Electricity Prices

With increased use of renewable energy and smart grids, electricity prices are expected to become more dynamic and adaptable. Consumers can benefit from this by being aware of their electricity usage habits and adjusting them to the most cost-effective times.