Electricity prices Tuesday, 7 Jan 2025

Today's Electricity Prices: A Mix of Low and High Costs

Today, January 7, 2025, electricity prices in Sweden offer a varied palette of costs, with prices ranging from 5 to 25 öre per kWh. The cheapest hour falls between 23:00 and 23:59, where the price is only 5 öre per kWh. During this time, it is an excellent opportunity to charge the electric car for just 2.88 kronor or to take a shower for as little as 19 öre. However, electricity prices peak between 08:00 and 08:59, with a cost of 25 öre per kWh. During this hour, a bath can cost 5.63 kronor, which is significantly more than during the cheaper hours.

Tomorrow's Electricity Prices: Expected Increases

Tomorrow, January 8, 2025, electricity prices are expected to rise significantly, especially during the afternoon and evening. Prices will reach their highest point between 17:00 and 17:59, with a cost of 94 öre per kWh. This means that charging an electric car during this hour could cost up to 56.31 kronor. The early morning hours, especially between 00:00 and 05:00, will, however, offer more reasonable prices, with costs ranging from 8 to 15 öre per kWh.

Tips for Energy-Smart Choices

To take advantage of the lower electricity prices today, it is recommended to perform energy-intensive activities such as charging the electric car, doing the dishes, and showering during the cheapest hours. Charging the car between 23:00 and 23:59 can save significant amounts compared to doing so during the most expensive hours. Additionally, one might consider scheduling the dishwasher for these hours, as a wash costs only 7 öre during the cheapest hour.

Interesting Facts About Electricity Prices

An intriguing thought is that if we had the lowest electricity price today throughout the year, the cost of heating a normal-sized house of 160 sqm would have been only 866 kronor. This serves as a reminder of how much electricity prices can affect our energy costs over time. With the highest prices we see today, the same heating would cost a total of 16,894 kronor for a year.

It is also worth noting that even small activities like playing games on the computer can vary in cost depending on electricity prices. During the cheapest hour today, it costs only 2 öre, while during the most expensive hour, it can cost 46 öre for the same activity.

In summary, today's and tomorrow's electricity prices offer both opportunities and challenges for Swedish households. By planning and adjusting energy usage, one can take advantage of the lower prices and thus reduce their energy costs.