the cheapest time to put the washing machine

He price of light today Sunday July 9 give a surprise and leave the falls behind to go back up. In the middle of the weekend, consumers expected a few free hours on the electricity bill, as was usual on Sundays weeks ago, but this day not only will this not be the case, but also the price increases compared to this Saturday. Those who seek the cheapest time of day to save and make use of the appliances that consume the most in the electric bill, such as the washing machine, the oven or putting on the air conditioning, they must pay attention to which is the best. The average price of electricity this Sunday for the more than two million customers with a regulated rate linked to the wholesale market will rise 3.72%, although yes, the pmedium hard remains below the barrier of 100 euros megawatt/hour (MWh).

To this average price of the ‘pool’ would be added the compensation to the gas companies, which must be paid by the consumers who are beneficiaries of the measure, the consumers of the regulated tariff (PVPC) or those who, despite being in the free market , have an indexed rate, but which is again at 0 euros/MWh, a situation that It is repeated since last February 27.

The most expensive and cheapest hours of light on Sunday, July 9

By time slots, the minimal priceof 40.98 euros/MWh, will be recorded between 1:00 p.m. and 2:00 p.m., while the Maximum price it will be given between 9:00 p.m. and 10:00 p.m., with 134.10 euros/MWh. In this way, the average price will be 91.2 euros per megawatt/hour (MWh).

Price of electricity today by time slots

Three appliances that raise your electricity bill

When we buy new electrical appliances, it is important to take into account three fundamental aspects: its energy efficiency, use them correctly (some even have saving modes) and make sure that their consumption adapts to our electricity bill. However, there are some appliances that, in general, consume more electricity than others.

He dishwasherAlthough it is not an appliance present in all homes, it is one of those that requires the highest light consumption. According to OCU calculations, it can consume up to 246 kWh per year, which represents approximately 7% of total energy consumption and translates into up to 74 additional euros on the annual electricity bill. The same goes for the washing machine, which can consume up to 255 kWh per year, that is, an extra 77 euros on the annual bill. Finally, and of course, the Fridgewhich has an average consumption of 662 kWh per year, which means an increase of approximately 199 euros in the annual rate in the case of the PVPC.

​Factors influencing price escalation

The rise in prices in most European countries is attributed to various factors, including the gas price increase in international markets. This fuel is used in combined cycle plants and has a significant impact on determining market prices during most hours of the day. In addition, the increase in the value of carbon dioxide (CO2) emission rights also contributes to this situation.

Why does the price of electricity vary in each time slot?

The prices of the electricity billThey are flexible and are linked to the wholesale electricity market. For this reason, the price of electricity in each hourly period is determined based on the demand for energy at that time, which gives rise to a constant variation in the cost of electricity throughout the day.

For example, during periods of high demand due to the most extreme temperatures of cold for heating or extreme heat for air conditioners, prices tend to rise. In addition, it is important to consider that the expenses associated with adjustment services, charges, payments for capacity, commercialization, tolls and the price for interruptibility, among others, can vary the price from one hour to another. With the entry into force in January 2024 of the new calculation methodology for the new regulated electricity tariff, it is expected to give more stability to the electricity market.

The Iberian exception

The so-called ‘Iberian exception‘ has been extended until December 31, following the agreement reached by Spain and Portugal with the European Commission. Thus, it is extended for seven months, until the end of this year, and it is not excluded that it could be extended for a longer time if said framework is also extended.

Specifically, the agreement not only represents an extension of the Iberian exception that was already applied, but also implies some tweaks to accommodate itas the price reference, which until now increased by five euros per month, and now it will be softer.

In the original agreement, the aforementioned reference price for gas had an average value of 48.8 euros/MWh: it was 40 euros/MWh for six months, rising 5 euros/MWh every month thereafter. Now, it will increase by 1.1 euros/MWh since last April, to conclude at 65 euros/MWh.

Currently, the mechanism has had no effect on the marginal matching processes in the wholesale markets since the end of February, due to the drop in the price of natural gas below the thresholds set for its application, but, if necessary, the extension will allow maintaining a reasonable pricenot so dependent on the evolution of natural gas.