Electricity prices Tuesday, 11 Feb 2025
- Articles
- Electricity prices
Electricity Prices in Sweden: Today's and Tomorrow's Development
Today's electricity prices in Sweden vary throughout the day, with a relatively stable level during the early morning hours, while prices rise during the day. In the early hours of the night, between 00:00 and 01:00, the electricity price is 34 öre per kWh. The price drops slightly and reaches its lowest during the day between 03:00 and 04:00, when it costs 29 öre per kWh. After that, prices begin to rise, peaking at 54 öre per kWh between 08:00 and 09:00.
Electricity Prices for Tomorrow: A Significant Increase Expected
Tomorrow, a significant increase in electricity prices is expected. During the early morning hours, between 00:00 and 01:00, prices remain relatively low at 33 öre per kWh. However, from 06:00 onwards, a dramatic increase begins, with prices exceeding 10 kronor per kWh between 08:00 and 09:00. This high level continues throughout most of the day, peaking at 104 öre per kWh between 18:00 and 19:00.
Economic Tips for Households
To optimize energy costs, it may be wise to plan energy-intensive activities during the cheaper hours. For example, during today's cheapest hour, it costs only 44 öre to run a dishwasher, while the same activity during the most expensive hour costs 155 öre. Charging an electric car costs 17 kronor during the cheapest hour, but a staggering 62 kronor during the most expensive hour.
Curiosities About Electricity Prices
If one could maintain today's lowest electricity price throughout the year, it would cost approximately 5,281 kronor to heat a normal-sized house of 160 sqm. However, if one had to pay the highest electricity price all year round, the cost would increase to a whopping 18,687 kronor.
Interesting Facts About Electricity Companies
Electricity companies in Sweden are constantly working to optimize their production and distribution systems to meet demand and keep prices as low as possible. This dynamic is influenced by several factors, including weather, availability of renewable energy sources, and international energy markets. An interesting aspect is how electricity companies use advanced technology to predict demand and adjust production accordingly, which can help reduce peaks in electricity prices.
Summary
It is clear that electricity prices can vary significantly depending on the time of day and external factors. By staying informed and planning their energy use, households can make significant savings. With the expected increase in electricity prices tomorrow, it is especially important to be aware of when during the day one uses the most electricity.
```
Sweden's national debt
-
The Riksbank Lowers the Key Interest Rate: What Does It Mean for You?
Mon, 3 Feb 2025 - 14:02
