Today's and Tomorrow's Electricity Prices in Sweden - Discover the Best Times for Household Chores

Richard Andersson - Tue, 23 Apr 2024 - 11:02

Economics Electricity prices

Today's and Tomorrow's Electricity Prices: An Overview

Today, on April 23, 2024, we see a varied scale of electricity prices throughout the day in Sweden, ranging from as low as 78 öre per kWh in the early morning hours to as high as 138 öre per kWh during the morning rush hour. This variation affects everything from household energy costs to the most cost-effective times to perform energy-intensive activities.

Optimal Times for Household Chores Today

According to today's electricity prices, the most economical time to take a shower is at 03:00, where the cost is around 3 kr for an average 4 kWh shower. Charging an electric car is cheapest at 02:00, costing approximately 45 kr for 60 kWh. For those considering starting the dishwasher, 02:00 is also the most advantageous time with a cost of about 1 kr per load.

Tomorrow's Electricity Prices and Strategies

For tomorrow, April 24, a further increase in electricity prices is predicted with peaks of up to 158 öre per kWh during the evening hours. This means that strategic planning of household activities such as dishwashing and laundry can save money. For example, charging the electric car at 03:00 when the price is 85 öre per kWh compared to 158 öre at 20:00 can halve the cost.

Price Variations and Their Impact

The significant variations in electricity prices throughout the day not only affect the wallet but also how we choose to use our energy. By understanding these patterns, we can make more conscious choices that benefit both the economy and the environment.

Trivia: Annual Costs at Lowest Price

If we had the lowest electricity price all year round, it would cost approximately 13,453 kr to heat a normal-sized house of 160 sqm. This highlights the importance of choosing the right energy supplier and contract.

Summary of Today's Learnings

By adjusting energy usage to the most advantageous times, significant savings can be achieved. Staying informed about the dynamics of electricity prices is key to a more sustainable and economical energy consumption.

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Sweden's CPIF inflation

1,10 % -0.1%

Sweden's policy rate

3.25 % -0.25%

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1 050 120 687 947KR

Electricity prices Tuesday, 23 Apr 2024