Electricity prices Wednesday, 5 Feb 2025
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Electric Prices in Sweden: Today's and Tomorrow's Forecast
Today, February 5, 2025, electricity prices in Sweden have varied significantly throughout the hours of the day. The early morning hours, from 02:00 to 04:59, offered the lowest electricity prices with average prices around 3 öre per kWh. During this time, it is advantageous to carry out electricity-intensive activities such as washing dishes, taking a shower, or even charging an electric car.
Beneficial Hours for Electricity Usage
During the cheapest hours today, between 02:00 and 04:59, it is almost free to use electricity. Taking a shower costs only 12 öre, while a bath costs 19 öre. A dishwasher cycle costs 4 öre, and playing computer games costs only 1 öre. For those who own an electric car, it is a good idea to charge it during these hours, which costs 1 krona and 90 öre for a full charge of 60 kWh.
Expensive Hours in the Evening
Electricity prices peak in the evening, with the highest price at 18:00-18:59 at 31 öre per kWh. During this hour, a bath costs 6 kronor and 93 öre, a dishwasher cycle costs 1 krona and 73 öre, and charging an electric car costs a whopping 69 kronor and 37 öre. It is therefore wise to avoid significant electricity consumption during these hours.
Tomorrow's Electricity Prices
Tomorrow, February 6, 2025, electricity prices are expected to rise significantly compared to today. Prices will start low during the night, with average prices around 24 öre per kWh, but will rise sharply in the morning, peaking at 1 krona and 16 öre per kWh at 08:00-08:59. This is a significant increase compared to today's prices.
Strategies to Reduce Electricity Costs
To minimize electricity costs tomorrow, it is best to plan electricity-intensive activities for the early morning hours or late evening hours when prices are lower. Charging the electric car or using the washing machine during the night can result in significant savings.
Interesting Facts About Electricity Prices
If we had had the lowest electricity price all year, it would have cost only 570 kronor to heat a normal-sized house of 160 sqm. In contrast, with the highest electricity price, the cost would have been a staggering 20,812 kronor. This illustrates how important it is to keep track of electricity prices and adjust consumption accordingly.
The Role of Electricity Companies
Electricity companies play an important role in managing and balancing electricity prices. They are constantly working to improve the efficiency and sustainability of electricity production, which can help keep prices stable and affordable for consumers.
The Future of Electricity Prices
With the increasing use of renewable energy and smart grids, electricity prices are expected to become more dynamic and adaptable. Consumers can benefit from these changes by using energy management systems to optimize their electricity consumption and save money.
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