Electricity prices Friday, 7 Mar 2025

Electricity Prices Today and Tomorrow: A Deep Dive

Today, March 7, 2025, we see a variation in electricity prices throughout the day. They start with a low price at midnight of about 13 öre per kWh and peak in the morning at 08:00 with a price of around 42 öre per kWh. After that, prices drop again in the afternoon to reach the day's lowest level at 13:00 at approximately 8 öre per kWh. In the evening, prices stabilize around 20 öre per kWh.

Tomorrow's Electricity Prices: A Sensational Start

Tomorrow, March 8, 2025, the day begins with a unique situation where electricity prices are negative during the first hours. Between midnight and 05:00, consumers are effectively paid to use electricity, with prices dropping as low as -0.58 öre per kWh. This is a golden opportunity to charge your electric car or run the dishwasher for free. After 05:00, prices gradually rise and peak at around 33 öre per kWh by 18:00.

Optimize Energy Usage

For those looking to save money while contributing to sustainable energy use, it is wise to plan energy-intensive activities for the times when electricity prices are at their lowest. Tomorrow, it is free to shower, bathe, charge the car, or play games during the early morning hours.

Curiosities and Interesting Facts About Electricity Prices

During the cheapest hour today, it costs nothing to do the dishes, and charging the car provides a "benefit" of -34 öre. If we had today's lowest electricity price for the entire year, it would have cost -104 kronor to heat a normal-sized house of 160 sqm. On the other hand, if we had today's highest electricity price for the entire year, the cost would have been 7482 kronor for the same house.

Regional Price Variations and Tips

To maximize savings, it may be smart to charge the electric car or run the dishwasher during the hours when electricity prices are at their lowest. Tomorrow, it is particularly advantageous to plan these activities for the early morning hours when prices are negative.

The Role of Electricity Companies in Pricing

Electricity prices are influenced by many factors, including weather conditions, demand, and the availability of renewable energy sources. Electricity companies play a crucial role in balancing these factors to offer competitive prices. During periods of high availability of renewable energy, like tomorrow, we can see unique situations with negative prices.