Electricity will rise 18% tomorrow and multiply the price of a year ago by 74

• The megawatt hour will be paid at an average of 162.64 euros, while in 2021 the price was 2.19 euros.

• The most expensive time will be between 8:00 p.m. and 9:00 p.m., when the price will be 125.52 euros, and the cheapest between 3:00 p.m. and 4:00 p.m., when it will be 125.52. euros.

If tomorrow we can choose to put the dishwasher, the dryer and the washing machine between 3:00 p.m. and 4:00 p.m., better. According to data from Operator of the Iberian Electricity Market (OMIE), that period will be the cheapest for the whole day tomorrow, Sunday, since the price of electricity in the wholesale market will be at 125.52 euros per megawatt hour. However, if we make the mistake of doing between 8:00 p.m. and 9:00 p.m.we will be paying 225 euros. The half price of light tomorrow Sunday will be located in 162,64 euros megawatt hour, 18% more than the value set for today.

Despite still installed these days below 200 euros on average, the price we will be paying for electricity will be tomorrow 74 times more than just a year ago how much was it charging 2,19 euros the megawatt hour. Tomorrow, being Sunday, economic activity decreases and energy demand is lower, so that trend will continue below 200 euros. So far this month, the half price of electricity is located in €190.29/MWhalmost 50 euros less than the average registered during the past month of December (239.22 euros/MWh), the most expensive in history to date.

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The accumulated average price is almost 80 euros higher than the average of 2021, which was crowned the most expensive year in the historical series with 111.4 euros/MWh, more than triple the previous year. The Government has extended the tax reduction on taxes levied on the electricity bill (VAT, electricity tax and tax on electricity generation) during the first four months of the year in an attempt to mitigate the escalation in electricity consumption prices .

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The prices registered in the wholesale market have a direct impact on the regulated rate or PVPC, to which almost 11 million consumers in Spain are welcomed, and serves as a reference for the other 17 million who contract their supply on the free market. The price increase of the fuels and especially of gas in all world markets joins the payment of carbon emission rights which since the middle of last year have been growing to record highs.

In Europe, the increases will also be attenuated tomorrow, although they will continue to be high compared to 2021, with 67.28 euros in Germany, 94.34 euros in France, 142 euros in the United Kingdom, 163 euros in Portugal and 182.9 euros in Italy. .