The price of electricity for customers at the regulated tariff linked to the wholesale market fell again on Thursday by 19.55% compared to yesterday Wednesday, until 52.51 euros per megawatt hour (MWh)which is its lowest record since the beginning of the year.
In this way, the electricity tariff remains within a few €84.23/MWh below the MWh price without taking into account the gas price limitation. With regard to the wholesale market, the swimming pool price, is located for this day in €52.03/MWh2022 low.
Electricity RATES: Average, minimum and maximum price for Friday, December 30
- AVERAGE PRICE OF THE DAY -> €0.06992 /kWh
- LOWEST PRICE OF THE DAY: 00h – 01h -> €0.03731/kWh
- HIGHEST PRICE OF THE DAY: 6 p.m. – 7 p.m. -> €0.12175/kWh
PRICE PER KWH OF LIGHT PER HOUR
00h – 01h: €0.03731/kWh
01h – 02h: €0.04178/kWh
2 a.m. – 3 a.m.: €0.04139/kWh
3 a.m. – 4 a.m.: €0.04336/kWh
04h – 05h: €0.04264/kWh
05h – 06h: €0.04291/kWh
06h – 07h: €0.04439/kWh
07h – 08h: €0.04052/kWh
8 a.m. – 9 a.m.: €0.05879/kWh
9 a.m. – 10 a.m.: €0.05963/kWh
10 a.m. – 11 a.m.: €0.10249/kWh
11 a.m. – 12 p.m.: €0.10298/kWh
12 p.m. – 1 p.m.: €0.10355/kWh
1 p.m. – 2 p.m.: €0.10319/kWh
2 p.m. – 3 p.m.: €0.05631/kWh
3 p.m. – 4 p.m.: €0.05596/kWh
4 p.m. – 5 p.m.: €0.05941/kWh
5 p.m. – 6 p.m.: €0.06213/kWh
6 p.m. – 7 p.m.: €0.12175/kWh
7 p.m. – 8 p.m.: €0.12156/kWh
8 p.m. – 9 p.m.: €0.11369/kWh
9 p.m. – 10 p.m.: €0.10212/kWh
10 p.m. – 11 p.m.: €0.05905/kWh
11 p.m. – midnight: €0.06115/kWh
What factors influence price increases?
The price escalation affecting most of Europe is due, among other things, to the rise in the price of gas on international markets, which is used in combined cycle power plants and which sets the market price for most hours, and increase in the value of carbon dioxide (CO2) emission rights.
The government has extended until April 30 the reduction of taxes included in the electricity bill paid by all consumers in order to mitigate the negative effect that the increase in the price of electricity has on citizens.
Concretely, the reductions in VAT from 21% to 10% and in the special tax on electricity from 5.11% to 0.5%, the legal minimum, have been extended until April 30. However, the suspension of the 7% generation tax paid by companies will only be maintained, for the moment, until March 31.
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