Electricity prices Wednesday, 8 Jan 2025

Today's Electricity Prices in Sweden - January 8, 2025

Today, on January 8, 2025, we have seen varying electricity prices across Sweden. During the early morning hours, prices were at relatively low levels. Between 00:00 and 01:00, the price was 8 öre per kWh, which is an excellent time to use electricity-intensive appliances like dishwashers and charge electric cars. Prices gradually increased throughout the day, peaking at 94 öre per kWh between 17:00 and 18:00. This is the most expensive time to use electricity, and it may be wise to avoid energy-consuming activities during this period.

Cheapest and Most Expensive Hours

The cheapest hour today was between 00:00 and 01:00, where a shower cost only 32 öre, a bath 48 öre, and charging an electric car cost 487 öre. However, during the most expensive hour between 17:00 and 18:00, the same activities cost significantly more: a shower 384 öre, a bath 962 öre, and charging an electric car a whopping 9621 öre.

Optimal Use of Electricity

To optimize electricity consumption and save money, it is recommended to use energy-intensive appliances during the cheaper hours. For example, running the dishwasher costs only 12 öre during the cheapest hour, while it costs 240 öre during the most expensive hour. Gaming enthusiasts can also benefit from the low prices, as it costs only 4 öre to play games on the computer during the cheapest hour, compared to 80 öre during the most expensive.

Electricity Prices Tomorrow - January 9, 2025

Tomorrow, January 9, 2025, electricity prices are expected to rise compared to today. Prices start at 33 öre per kWh during the early morning hours and reach their highest price of 160 öre per kWh between 18:00 and 19:00. This increase is likely due to higher demand and changes in weather conditions affecting electricity production.

Expected Price Peaks and Tips

To avoid high costs, it is recommended to plan electricity-intensive activities during the cheaper hours, especially before 06:00. For those who need to charge their electric cars or use other energy-consuming appliances, it may be worth scheduling these activities for the early morning hours to take advantage of lower prices.

Interesting Facts about Electricity Prices

If we had experienced the lowest electricity price throughout the year, it would have cost only 1462 kronor to heat a standard-sized house of 160 sqm. At the highest price, the same heating would have cost 28865 kronor. This difference illustrates the importance of being aware of electricity prices and planning consumption accordingly.

Conclusion

Electricity prices in Sweden vary significantly depending on the time of day and demand. By being aware of these variations, households and businesses can optimize their electricity consumption and reduce their costs. It is always a good idea to stay informed about current electricity prices and adjust consumption accordingly to maximize savings.