Electricity Prices Today and Tomorrow
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Sweden's electricity prices by hour and bidding area.
The prices shown on Statsskuld.se/elpris are the average spot price per electricity price area on the Nordpool electricity exchange. All prices are presented without electricity tax, VAT, any surcharges, fees for electricity certificates or electricity network costs. The price is based on the current exchange rate taken from the Riksbank, rounding errors may occur. Prices are updated every day at 13:00.
Electricity price
We collect hourly prices for electricity in Sweden's different areas directly from the Nordpool electricity exchange. These prices, which are originally quoted in Euro, are converted into Swedish kronor using the current exchange rate from the Riksbank. It is important to note that the prices quoted do not include additional costs such as electricity certificates, surcharges, energy tax, VAT or fees for the electricity network.
What does what cost right now, on average
Shower
The cost of a shower is calculated based on the energy required to heat 100 litres of water ~4kWh.
-0.05 kr
Bath
A bathtub holds about 150 litres of water, and ~6 kWh of energy is needed to heat the water.
-0.07 kr
Dishwasher
A dishwasher and washing machine consume approximately ~1.5kWh of energy per wash.
-0.02 kr
Charge electric car
An electric car has a battery of about 40-100kWh, our calculation is based on charging 60kWh.
-0.69 kr
Gaming
A powerful gaming computer including screen consumes about 0.3-0.5kWh per hour played.
-0.01 kr
Heating
Heating a well-insulated house of 150 m² requires about 18000kWh per year (120kWh/sqm).
-205.63 krThe cost of electricity in a household can vary considerably and is affected by several decisive factors. These include the types of household appliances used and their energy efficiency, your personal usage pattern, the size of your home and current electricity prices, which vary according to your geographic location and time.
In most Swedish households, the average electricity price for the current month is charged. If you have an hourly pricing system, it can be beneficial to optimize your electricity consumption by time of day. The electricity price can vary significantly from hour to hour and can affect your electricity costs in the long term. Being aware of these factors can help you manage and reduce your electricity costs effectively.
Richard Andersson - Mon, 21 Oct 2024 - 13:01
Electricity Prices Today: Get Paid to Use Electricity
Today, Monday, October 21, 2024, is a historic day for electricity prices in Sweden. During the early morning hours, from midnight until 06:00, electricity prices have been negative. This means that consumers actually get paid to use electricity during these hours. It's a unique opportunity to, for example, charge your electric car, do the dishes, or take a long bath without any cost. Between 00:00 and 05:00, it's free to both bathe, shower, charge the car, and play games.
Morning and Forenoon Electricity Prices
During the forenoon, until 09:00, prices remain close to zero, making it still cost-effective to use electricity. At 09:00, the electricity price is exactly zero, meaning it's free to use electricity for household activities like showering or doing the dishes.
Afternoon and Evening: Low Costs
During the afternoon and evening, until 18:00, electricity prices remain low and negative, providing opportunities for cost-free or even paid energy consumption. It's an excellent time to take advantage of these hours for energy-demanding activities. At 19:00, the electricity price is once again near zero, offering continued financial benefits.
Tomorrow: Rising Electricity Prices
Tomorrow, October 22, 2024, we see a change in electricity prices. During the early morning hours, prices are still negative, but by 06:00 prices begin to rise. At 08:00, electricity prices peak at 13 cents per kWh. This means that using electricity becomes more expensive, especially during the morning and forenoon rush hours.
Curiosity: Getting Paid to Charge Your Car
During the cheapest hour today, between 03:00 and 04:00, it would cost -205 cents to charge an electric car consuming 60 kWh. This means that you actually get paid to charge the car, which is a rare opportunity. Similarly, taking a shower during this hour costs -13 cents, while a bath costs -20 cents.
Comparison with Most Expensive Hours
During the most expensive hour today, which occurs later in the day, it costs 76 cents to take a bath and 19 cents to do the dishes. Charging an electric car during this time costs 768 cents, highlighting the significant difference between the cheapest and most expensive hours of the day.
Annual Heating Cost at Lowest Price
If the lowest electricity price were to remain constant throughout the year, the cost to heat an average-sized house of 160 sqm would be -616 Swedish kronor. This is a thought-provoking comparison with the actual annual costs, which can amount to 2305 Swedish kronor under the most expensive conditions.
When electricity prices are so low or even negative, it's a perfect time to take advantage of these benefits with smart energy usage. Plan your energy-demanding activities during the cheapest hours to maximize savings.
| Time | Today (öre/kWh) | Tomorrow (öre/kWh) | Direction |
|---|---|---|---|
| 00:00 -> 00:59 | -2.15 | Updates at 13:00 | |
| 01:00 -> 01:59 | -2.00 | Updates at 13:00 | |
| 02:00 -> 02:59 | -1.43 | Updates at 13:00 | |
| 03:00 -> 03:59 | -1.14 | Updates at 13:00 | |
| 04:00 -> 04:59 | -0.62 | Updates at 13:00 | |
| 05:00 -> 05:59 | 0.00 | Updates at 13:00 | |
| 06:00 -> 06:59 | 2.18 | Updates at 13:00 | |
| 07:00 -> 07:59 | 6.98 | Updates at 13:00 | |
| 08:00 -> 08:59 | 12.81 | Updates at 13:00 | |
| 09:00 -> 09:59 | 10.10 | Updates at 13:00 | |
| 10:00 -> 10:59 | 7.21 | Updates at 13:00 | |
| 11:00 -> 11:59 | 3.53 | Updates at 13:00 | |
| 12:00 -> 12:59 | 3.52 | Updates at 13:00 | |
| 13:00 -> 13:59 | 3.35 | Updates at 13:00 | |
| 14:00 -> 14:59 | 2.97 | Updates at 13:00 | |
| 15:00 -> 15:59 | 2.74 | Updates at 13:00 | |
| 16:00 -> 16:59 | 3.18 | Updates at 13:00 | |
| 17:00 -> 17:59 | 3.44 | Updates at 13:00 | |
| 18:00 -> 18:59 | 3.32 | Updates at 13:00 | |
| 19:00 -> 19:59 | 2.60 | Updates at 13:00 | |
| 20:00 -> 20:59 | 1.06 | Updates at 13:00 | |
| 21:00 -> 21:59 | 0.56 | Updates at 13:00 | |
| 22:00 -> 22:59 | 0.00 | Updates at 13:00 | |
| 23:00 -> 23:59 | -0.91 | Updates at 13:00 |
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