Today's and Tomorrow's Electricity Prices in Sweden

Richard Andersson - Sat, 4 May 2024 - 11:05

Electricity prices

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

Electricity prices in Sweden show a significant variation throughout the hours of the day, which can give rise to interesting opportunities for cost-conscious consumers. Let's delve into the current figures and see how these can affect your everyday economy.

Today's Electricity Prices – A Rollercoaster Ride

Today, we have seen electricity prices starting at 0.23 SEK/kWh at midnight and rising to as high as 0.65 SEK/kWh during the evening hours. This highlights the importance of smart energy usage planning. For those who need to charge their electric car or use energy-demanding appliances, the timing of this can truly make a difference in the wallet.

Predictions for Tomorrow

For tomorrow, we see an interesting trend where the price is initially high but drops dramatically after 09:00, reaching its lowest level at an incredible 0.02 SEK/kWh between 13:00 and 15:00. This offers a perfect opportunity to handle all energy-demanding activities during these hours.

Economic Daily Planning

Understanding today's and tomorrow's electricity prices can make a significant difference. For example, showering during the cheapest hour today costs only 8 cents while taking a bath costs 13 cents, which is minimal compared to the cost during the most expensive hours, where a bath can cost up to 3.95 SEK.

Cost of Charging Your Electric Car

Charging an electric car during the most expensive hour today can cost you 39.50 SEK, whereas if you wait for the cheapest hour tomorrow, it will only cost 0.13 SEK. A huge difference for your finances!

Gaming and Entertainment

Even smaller energy consumers like computers show significant price differences. Playing games on the computer costs 32 cents during the most expensive hour today compared to only 1 cent during the cheapest hour tomorrow.

Annual Heating Cost

If we had the lowest electricity price throughout the year, it would cost only 397 SEK to heat a medium-sized house, whereas with the highest price, it would cost 11,850 SEK. This illustrates the potential savings of optimizing your energy usage over the year.

Summary

With today's dynamic electricity prices, it is more relevant than ever to keep track of hourly rates. By strategically planning your energy usage, you can save a significant amount of money each year, making information about electricity prices a valuable tool in every household.

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Sweden's CPIF inflation

1,50 % +0.4%

Sweden's policy rate

2.75 % -0.5%

Sweden's national debt

1 057 941 731 246KR

Electricity prices Saturday, 4 May 2024