Electricity price today, Sunday, November 1: it falls by 21.91% and these are the cheapest hours

Electricity costs on average 163.19 euros/MWh in the wholesale market. The cheapest period will be from 15.00 to 16.00 hours and the most expensive, from 20.00 to 21.00. These prices do not correspond to the final amount paid by the consumer

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Elecciones generales del 29 de noviembre · Demócrata

The price of electricity today, Sunday, November 1, 2026, falls to 163.19 euros per megawatt hour (€/MWh) in the wholesale market. That is 45.79 euros less than the 208.98 euros/MWh on Saturday, which represents a decrease of 21.91%.

The All Saints’ Day session shows major differences between the central hours and the night. The lowest hourly averages are concentrated between 10.00 and 17.00, while the price once again exceeds 240 euros/MWh from 18.00 to 23.00.

To interpret these data, it is necessary to distinguish the wholesale market from the household tariff. A negative price in the electricity market does not mean that turning on the washing machine is free: the bill includes other components and depends on the contract.

When is electricity cheapest today, November 1

The cheapest hour on Sunday will be from 15.00 to 16.00, with an average of −0.27 euros/MWh. The next cheapest slot will be from 14.00 to 15.00, with −0.20 euros/MWh.

Between 11.00 and 16.00, five hours with negative averages in the wholesale market follow one another. The midday period thus concentrates the lowest prices of the day.

Those who can shift consumption should check those time slots on their tariff before scheduling appliances. The effective savings will depend on the contracted price, not solely on the result of the wholesale auction.

When is electricity most expensive this Sunday

The hourly peak will come from 20.00 to 21.00, with 261.93 euros/MWh. Next, from 21.00 to 22.00, the average will be 260.92 euros/MWh.

The early morning also maintains high prices. For that reason, on this day it is not advisable to assume that consuming at night will necessarily be cheaper than doing so during the day.

Electricity price by hour on Sunday, November 1

The following table collects the hourly averages of the wholesale market published by NoticiasTrabajo based on OMIE data. Each value summarizes the four fifteen-minute periods of that hour. These are prices without taxes and in peninsular time; they are not the final PVPC rates.

Electricity price by hour: November 1, 2026
Peninsular time Wholesale market (€/MWh)
00.00–01.00255,10
01.00–02.00251,59
02.00–03.00246,43
03.00–04.00241,04
04.00–05.00237,93
05.00–06.00240,32
06.00–07.00242,72
07.00–08.00247,78
08.00–09.00204,04
09.00–10.0070,78
10.00–11.000,13
11.00–12.00−0,02
12.00–13.00−0,09
13.00–14.00−0,07
14.00–15.00−0,20
15.00–16.00Cheapest hour −0,27
16.00–17.0015,38
17.00–18.00157,15
18.00–19.00242,94
19.00–20.00255,04
20.00–21.00Most expensive hour 261,93
21.00–22.00260,92
22.00–23.00251,13
23.00–24.00234,77

Source: OMIE data collected by NoticiasTrabajo. Hourly averages of the four fifteen-minute periods. Wholesale prices without taxes: they do not correspond to the final price of the bill or to the PVPC tariff.

How to use these schedules according to your tariff

If you have a fixed price per kilowatt hour throughout the day, changing the time you use an appliance does not reduce that contracted price. In that case, the savings will mainly come from consuming less energy.

If your contract distinguishes prices by bands or is linked to the market, check the amounts applied to you by the retailer. The wholesale table serves to know the market trend, but it does not by itself allow you to calculate how much a washing machine cycle, an hour of oven use, or turning on the heating will cost.

It is also worth taking into account how long each use lasts. An appliance that operates for two or three hours will spread its consumption across several periods: it is not enough to look at the price of the hour at which it is switched on.

Why negative prices do not mean free electricity

The negative values correspond to the energy traded in the wholesale market. The household bill includes other items, such as regulated costs, contracted power, and applicable taxes.

That is why the central hours of Sunday show an opportunity for lower wholesale cost, but not a promise of free consumption. The definitive reference for the home will always be its contract and the price that corresponds to it in each period.