Electricity prices Monday, 22 Apr 2024
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- Electricity prices
Overview of Today's and Tomorrow's Electricity Prices
In today's dynamic electricity market, we see an interesting variation in electricity prices throughout the day. For those awake during the night, lower prices are offered, while morning and early evening show higher prices. This pattern is also reflected in tomorrow's prices, where we see a similar trend.
What Does It Cost to Use Electricity Today?
During the early morning hours today, at 03:00, the electricity price was at its lowest at 0.75 SEK/kWh. This is an ideal time to perform energy-intensive activities at a lower cost. For example, a shower consuming 4 kWh cost only 3 SEK during this hour. Compared to the most expensive hour at 19:00, where the same shower would cost 5.21 SEK, it clearly shows the benefits of planning your electricity usage.
Costs for Different Activities during the Cheapest and Most Expensive Hours of the Day
Charging an electric car during the cheapest hour today cost 28.87 SEK, while during the most expensive hour at 19:00, the same charge would cost 91.06 SEK. This emphasizes the importance of utilizing electricity at the right times to optimize costs.
Playing Games or Using a Computer
Even less energy-consuming activities like playing games on a computer show significant cost differences depending on the time. Playing games during the cheapest hour cost only 0.24 SEK, while during the most expensive hour, it cost 0.75 SEK.
Forecast for Tomorrow's Electricity Prices
For tomorrow, electricity prices are expected to start at 0.85 SEK/kWh at midnight and rise to 1.38 SEK/kWh at 07:00. Prices then gradually decrease throughout the day, providing an opportunity to plan activities around the lower prices.
Economic Tips
To maximize savings on the electricity bill, it is advantageous to plan energy-intensive activities during times when the electricity price is lower. For example, charging electric cars or running heavy machinery during the night or early morning can lead to substantial savings.
Interesting Facts about Electricity Usage
If one had access to the lowest electricity price throughout the year, it would cost 8,663 SEK to heat a medium-sized house of 160 sqm. This compared to 27,318 SEK at the highest price shows the significant potential for savings by actively managing electricity usage.
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