Richard Andersson

Richard Andersson - Sat, 18 Jan 2025 - 12:01

Electricity prices
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Electric Prices in Sweden: An Overview for January 18th and 19th, 2025

Today, on January 18th, 2025, we have seen an interesting variation in electric prices throughout the day. During the early morning hours, between 00:00 and 03:59, electric prices were even negative, meaning that consumers were essentially paid to use electricity. This is an unusual but possible situation when production exceeds demand.

Free Electricity During Certain Hours

During these hours, it cost nothing to take a shower, bathe, wash dishes, or play games. For those charging their electric cars, there was a small bonus of -3 öre for charging a car with 60 kWh of energy. For anyone looking to perform electricity-intensive activities, this was a golden opportunity.

Electric Prices During the Day

From 05:00, electric prices began to rise, peaking at 23 öre per kWh around 17:00. This is a common trend, as the demand for electricity increases when people wake up and start their daily activities. During these hours, it became significantly more expensive to charge an electric car, costing a total of 4139 öre during the most expensive hour.

Tomorrow: An Expected Price Increase

Tomorrow, January 19th, electric prices are expected to rise further during the afternoon hours, peaking at 69 öre per kWh at 18:00. This is a significant increase compared to today's prices. For consumers, this means it may be wise to plan electricity-intensive activities for the cheaper hours of the day, especially in the morning and late evening.

Interesting Facts About Electric Prices

It's fascinating to consider how electric prices can impact everyday life. For example, if we had experienced the lowest electric price all year, it would have actually cost -11 kronor to heat a standard-sized house of 160 square meters. This highlights how dynamic and sometimes surprising the electricity market can be.

Tips for Saving on Your Electricity Bill

To maximize savings, consumers can take advantage of the cheaper hours by scheduling electricity-intensive activities such as charging electric cars, washing dishes, or doing laundry during these periods. Keeping an eye on electric prices can lead to significant savings over time.

Summary

In summary, today's electric prices have offered both opportunities and challenges for consumers. With a combination of free electricity and higher prices at different times, it is important to be aware of when it is most cost-effective to use electricity. An increase in prices is expected tomorrow, making it even more crucial to plan electricity consumption carefully.

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