Electricity prices Sunday, 29 Dec 2024

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

Electricity prices in Sweden show an interesting variation between different hours today and tomorrow. For those planning their electricity-intensive activities, there is much to gain by keeping an eye on these fluctuations.

Electricity Prices Today, December 29, 2024

Today, we have seen a dramatic variation in electricity prices, with the lowest prices during the early hours. Between 03:00 and 06:00, electricity was practically free, and even negative, meaning you would get paid to use electricity. During this period, it cost nothing to take a bath, shower, charge your car, or play games.

Cheapest Hours

During the cheapest hour, from 06:00-06:59, the cost was -0.18 öre per kWh. This is an excellent opportunity to charge your electric car, which would result in a rebate of 81 öre for a 60 kWh charge. Taking a shower would give you 5 öre back, and a bath would give you 8 öre back.

Most Expensive Hours

The most expensive hour today is between 17:00-17:59, where the price reaches 3.36 öre per kWh. During this time, it costs 31 öre to run the dishwasher and 127 öre for a bath. Charging your electric car would cost a whopping 12 kronor and 70 öre, which is a significant difference compared to the morning hours.

Electricity Prices Tomorrow, December 30, 2024

Tomorrow, prices are expected to fluctuate significantly as well. The early hours once again offer negative prices, making it economically advantageous to use electricity during the night.

Cheapest Hours

From midnight until 05:00 tomorrow, electricity prices are negative, with the lowest price at -1.36 öre per kWh between 02:00-02:59. This is an excellent opportunity to charge your electric car or run the dishwasher to save money.

Most Expensive Hours

During the morning and early afternoon tomorrow, prices will soar. Between 08:00 and 17:00, prices exceed 15 öre per kWh, with a peak at 21 öre per kWh at 17:00-17:59. This means it costs around 13 kronor to charge an electric car during the most expensive hour.

Interesting Facts about Electricity Prices

If we had the lowest electricity price throughout the year, it would have cost -244 kronor to heat a medium-sized house of 160 sqm. With today's highest price, the same heating would cost 3,811 kronor.

Tips for Energy Usage

To optimize your energy usage and save money, consider using electricity-intensive appliances during the cheaper hours. Charge your electric car, run the dishwasher, and take long, hot showers when prices are at their lowest.

Summary

Electricity prices in Sweden vary significantly from hour to hour. By planning your energy usage, you can save significant amounts, especially during hours when electricity prices are negative. Stay updated with the latest electricity price forecasts to optimize your electricity costs.