The Price of Electricity Drops to All-Time Lows! A Respite for Your Pocket?

The Price of Electricity Drops to Historical Lows! A Respite for your Pocket?

The wholesale electricity market in Spain marks a milestone, ending the year with figures that have not been seen for a long time.

2022 has been a year to frame in the energy history of Spain and Europe. An exercise marked by volatility and unprecedented price peaks that, without a doubt, have forced a rethinking of energy policies at a continental level. However, it seems that the waters are beginning to calm down.

On **Thursday, February 5, 2026**, the average price of the megawatt hour (MWh) in Spain is around **€12.03/MWh**. This figure, which farewells the annual minimums, is a clear indication of the effectiveness of measures such as the “gas cap”, which has contributed significantly to the moderation of daily prices.

For consumers with a regulated tariff or PVPC, this news is a breath of fresh air. The **average price of a megawatt hour** today stands at **€12.03/MWh**. If you are looking to optimize your consumption and save, pay attention: the most economical time slot for electricity this Wednesday is **between 6 a.m. and 7 a.m.**, with a price of only **€0.06765/kWh**.

But not everything is constant optimism. The day also registers its highest peak, situated **between 7:00 p.m. and 8:00 p.m.**, when the price reaches **€0.20255/kWh**. Knowing these peaks and valleys will allow you to plan your high demand consumption for the lowest cost hours.

The fluctuation in the price of electricity is a complex phenomenon, influenced by various factors. The ** rise in the price of gas ** in international markets is one of the main drivers, since this fuel is key in combined cycle plants that often set the reference price in the market. Added to this is the increase in the value of **carbon dioxide (CO2) emission rights**, an increasingly relevant factor in the energy equation.

Here is a detailed breakdown of the price per kilowatt hour (kWh) of electricity by hour for **Thursday, February 5, 2026**:

* **00:00 – 01:00**: €0.06975/kWh
* **01:00 – 02:00**: €0.06867/kWh
* **02:00 – 03:00**: €0.07010/kWh
* **03:00 – 04:00**: €0.07067/kWh
* **04:00 – 05:00**: €0.07065/kWh
* **05:00 – 06:00**: €0.07025/kWh
* **06:00 – 07:00**: **€0.06765/kWh** (Lowest of the day!)
* **07:00 – 08:00**: €0.07364/kWh
* **08:00 – 09:00**: €0.11163/kWh
* **09:00 – 10:00**: €0.10236/kWh
* **10:00 – 11:00**: €0.17397/kWh
* **11:00 – 12:00**: €0.17172/kWh
* **12:00 – 13:00**: €0.17302/kWh
* **13:00 – 14:00**: €0.17278/kWh
* **14:00 – 15:00**: €0.10380/kWh
* **15:00 – 16:00**: €0.10462/kWh
* **16:00 – 17:00**: €0.10559/kWh
* **17:00 – 18:00**: €0.10385/kWh
* **18:00 – 19:00**: €0.18427/kWh
* **19:00 – 20:00**: **€0.20255/kWh** (Highest of the day!)
* **20:00 – 21:00**: €0.20138/kWh
* **21:00 – 22:00**: €0.20029/kWh
* **22:00 – 23:00**: €0.10825/kWh
* **23:00 – 24:00**: €0.10516/kWh

**Frequently Asked Questions about the Price of Electricity:**

What is the average price of electricity today, February 5, 2026?

The average price of the megawatt hour (MWh) today is €12.03/MWh.

When is the cheapest time to consume electricity?

The most economical hour is recorded between 06:00 and 07:00, with a price of €0.06765/kWh.

When is the most expensive time to consume electricity?

The peak price is reached between 7:00 p.m. and 8:00 p.m., with a cost of €0.20255/kWh.

What has caused the drop in the price of electricity?

The “gas cap” measure has been a key factor in reducing the price of daily MWh.

What factors influence the escalation of electricity prices?

The main factors are the rise in the price of international gas and the increase in the value of CO2 emission rights.

What does PVPC mean?

PVPC stands for Voluntary Price for Small Consumers, a regulated rate for domestic customers.

Are electricity prices expected to continue falling?

Current trends suggest moderation, but energy market volatility is always subject to change.

How can I take advantage of the cheapest hours?

Plan to use high-consumption appliances (washing machine, dishwasher, oven) during lower-priced hours.

Does the weather affect the price of electricity?

Yes, the availability of renewable energy (solar, wind) and the demand for extreme temperatures can influence the price.

Where can I find updated information on the price of electricity?

You can consult official sources and energy comparators. And don't forget to join our community on Telegram to stay up to date with the latest news and tips: https://t.me/casino_gurus!