The average price of electricity on Monday, 9 November 2026, is 177.06 euros per megawatt hour (MWh), according to data from the Operador del Mercado Ibérico de la Energía (OMIE). The daily peak will reach 283.90 euros/MWh between 21:00 and 22:00 hours.
Consumers should note that the cheapest period occurs between 14:00 and 15:00 at 81.25 euros/MWh. Other lower-cost windows include 12:00 to 13:00 at 123.91 euros/MWh and 13:00 to 14:00 at 102.05 euros/MWh. Prices exceed 255 euros/MWh between 19:00 and 21:00.
These wholesale market figures do not represent the final cost for households. The total amount on an electricity bill is determined by adding various tolls, charges, and taxes to these base rates, which significantly impacts the final price paid by users.