Electricity prices Friday, 17 Jan 2025

Electricity Prices in Sweden: An Overview for January 17 and 18, 2025

The electricity prices in Sweden for January 17, 2025, show a varying trend with both low and high prices during different hours of the day. For the early morning hours, from midnight until 05:00, prices range between 1 and 4 öre per kWh. Thereafter, prices rise sharply, peaking at 25 öre per kWh between 08:00 and 09:00. In the evening, prices drop again, with the lowest recording at midnight when the price is negative, meaning that consumers are effectively paid to use electricity.

Free Electricity and Money Back

The most interesting news for the day is that during the cheapest hour, between 23:00 and 23:59, it is free to shower, bathe, charge the car, play games, and do the dishes. In fact, one is even paid to charge the electric car, which can be seen as a unique opportunity for electric vehicle owners to reduce their costs.

Expensive Hours to Avoid

The contrast is significant during the most expensive hours, especially between 08:00 and 09:00, where a bath costs a whopping 152 öre, and charging the car costs 1529 öre. Running the dishwasher costs 38 öre, which is considerably higher than during the cheapest hours.

Tomorrow, January 18, 2025

The forecast for tomorrow shows a similar trend with negative prices during the early morning hours, indicating that it may also be free to use electricity at certain times. Prices start to rise from 06:00 and peak around 23 öre per kWh during the afternoon and evening, before dropping again towards midnight.

Curiosities About Electricity Prices

If we had the lowest electricity price of the day for the entire year, it would have cost -11 kronor to heat a normal-sized house of 160 sqm. This is a fascinating thought and demonstrates the potential savings that can be made with efficient energy solutions and proper timing.

Electricity Prices and Energy Companies

For those interested in the energy market in general, it is worth noting that electricity prices are influenced by a range of factors, including weather conditions, demand, and the availability of renewable energy. Energy companies continuously work to balance these factors to offer competitive prices to their customers.