Electricity prices Wednesday, 15 Jan 2025
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Electricity Prices in Sweden: Today's and Tomorrow's Outlook
The electricity prices in Sweden today, January 15, 2025, show a variation from early morning hours to the end of the evening. The cheapest hour today is between 23:00-23:59, where the electricity price drops to an almost negligible cost of 0.26 öre per kWh. During this time, it is practically free to shower, bathe, wash dishes, charge the car, or play games. This provides an opportunity for households to save money by planning their electricity-intensive activities for this time.
Expensive Hours and Smart Energy Usage
The most expensive hour today occurs between 08:00-08:59, with an electricity price of a staggering 174.86 öre per kWh. During this hour, for example, it costs 10 kronor to charge an electric car with 60 kWh, and a bath can cost as much as 10.49 kronor. To minimize costs, it is recommended to avoid energy-intensive activities during this hour.
Tomorrow's Electricity Prices: A Positive Surprise
Tomorrow, January 16, 2025, offers a positive surprise with electricity prices dropping even below zero during certain hours. Between 01:00-01:59 and 03:00-03:59, the electricity price is negative, meaning that consumers are effectively paid to use electricity during these hours. This is an excellent opportunity to charge electric cars or perform other electricity-intensive activities at no cost.
Energy-Saving Tips and Future Outlook
To take advantage of the low electricity prices, households are advised to plan their energy-intensive activities for the cheapest hours. This could mean charging the electric car, running the dishwasher, or taking a bath during these times. Utilizing the lower prices can lead to significant savings on the electricity bill.
An interesting fact is that if the lowest electricity price had persisted throughout the year, it would have cost -15 kronor to heat a standard-sized house of 160 sqm. This highlights the great potential for cost savings when electricity prices are low.
In summary, today's and tomorrow's electricity prices present both challenges and opportunities for Swedish households. By being aware of price variations and planning their energy usage, one can optimize costs and contribute to more sustainable energy consumption.
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