Electricity prices Wednesday, 5 Mar 2025
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Electricity Prices in Sweden Today and Tomorrow
Today, March 5, 2025, presents an interesting electricity market with negative electricity prices during several hours at night. This means that consumers can actually get paid for using electricity during these hours. However, tomorrow, March 6, prices are expected to rise significantly, especially during the morning and afternoon hours.
Today's Electricity Prices: Night Electricity is Free and More
During the night, from midnight until 05:59, electricity prices are negative, which means it is practically free to use electricity. In fact, you get paid to charge your electric car, take a shower, bathe, or play games on the computer during these hours. For example, between 03:00 and 03:59, it costs -0.97 öre per kWh. For a shower that uses 4 kWh, this means you get paid 3 öre for taking a shower.
Demand Rises During the Day
After 06:00, electricity prices begin to rise, peaking at 18 öre per kWh between 17:00 and 17:59. During this hour, for instance, it costs 2017 öre to charge an electric car with 60 kWh. This price increase is due to higher demand as people wake up and start their daily activities.
Tomorrow's Electricity Prices: Expected Price Increase
Tomorrow, March 6, electricity prices are expected to start at a higher level compared to today. Prices rise sharply during the morning rush, peaking at 34 öre per kWh between 07:00 and 08:59. This means it might be wise to plan energy-intensive activities for the cheaper hours, such as before 06:00 or after 22:00.
Facts and Trivia About Electricity Prices
If we had experienced the lowest electricity price all year, it would have cost -174 kronor to heat a normal-sized house of 160 sqm. With the highest price, the same heating would have cost 6053 kronor. These figures illustrate the significant variations in electricity prices depending on time and demand.
Tips for Saving on Your Electricity Bill
To maximize savings, it may be smart to charge the electric car and use the dishwasher during the cheapest hours at night. Taking showers and baths during these hours can also provide financial benefits. By being aware of electricity prices and planning accordingly, consumers can optimize their electricity consumption and save money.
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