Electricity prices Thursday, 2 Jan 2025

Electricity Prices in Sweden - An Overview for January 2, 2025

Today, on January 2, 2025, electricity prices in Sweden have varied significantly throughout the day. The cheapest hour was between midnight and one in the morning, with the electricity price as low as 5 öre per kWh. During this hour, a shower cost only 17 öre and a bath could be enjoyed for 26 öre. Running the dishwasher only cost 6 öre, and playing computer games was almost free at 2 öre. Charging an electric car cost 263 öre, which is significantly lower than during more expensive hours.

Today's Highest Electricity Prices

The most expensive hour today occurred between 5:00 PM and 6:00 PM, with an electricity price of 89 öre per kWh. During this hour, a bath cost a whopping 5 kronor and 35 öre, while running the dishwasher amounted to 1 krona and 33 öre. Charging an electric car cost 53 kronor and 50 öre, and playing computer games cost 44 öre.

Comparison between Cheapest and Most Expensive Hours

The difference between the cheapest and the most expensive hours is significant, highlighting the importance of planning energy-intensive activities during times of lower electricity prices. For example, charging an electric car costs almost 20 times more during the most expensive hour compared to the cheapest one.

Electricity Prices for January 3, 2025

Tomorrow, on January 3, 2025, electricity prices are expected to be somewhat more stable compared to today. Prices will start at 28 öre per kWh at midnight and rise to 68 öre per kWh during the late afternoon. It is still advantageous to perform energy-intensive activities early in the morning or late at night to keep costs down.

Tips for Saving on the Electricity Bill

To minimize the electricity bill, it can be wise to plan energy usage. Charge the electric car during the night, run the dishwasher and washing machine early in the morning or late at night, and avoid using energy-intensive appliances during the afternoon price spikes.

Annual Heating Cost

Interestingly, if we had today's lowest electricity price constantly throughout the year, the cost of heating a medium-sized house of 160 sqm would have been only 789 kronor. With today's highest electricity price, the same heating would cost 16,050 kronor. This illustrates how much electricity prices can impact household energy costs.

Trivia about Electricity Prices and Energy Companies

Did you know that Sweden is one of the countries that produces the most renewable energy per capita in the world? Thanks to extensive hydroelectric power and growing wind power, Sweden has a relatively low carbon dioxide emissions per kWh compared to many other countries. This allows us to expect that electricity prices will remain relatively stable, even though they vary throughout the day.