Today’s electricity price, hour by hour
The price of electricity in Spain changes every hour. Here is today, straight from the grid operator: what electricity costs on the regulated tariff and what energy is worth on the day-ahead market, which are not the same thing. Refreshed every 15 minutes.
Today's electricity price
Two different prices for the same day. What electricity costs on the regulated tariff, and what energy is worth on the day-ahead market, hour by hour, straight from the Spanish grid operator.
Regulated tariff (PVPC)
Day average
0.202 €/kWh
- Cheapest hour 14:00
- 0.104
- Most expensive hour 21:00
- 0.351
The energy term: it already includes grid tolls and charges. Electricity tax and VAT are added afterwards on your bill.
Day-ahead market
Day average
0.157 €/kWh
- Cheapest hour 12:15
- 0.039
- Most expensive hour 21:15
- 0.240
The wholesale clearing price. It is the reference for the open market, not what you are paid for your surplus.
Today the market pays 0.039 €/kWh at 12:15 and charges up to 6.1 times more at the evening peak. That is what happens when every roof produces at once: sunshine is abundant and the price collapses. Which is why the energy that really counts is the one you use yourself, and why a battery changes the maths.
What you get paid for your surplus is not this price: it is your retailer's fixed or indexed tariff. What each retailer pays for your surplus energy
Source: Red Eléctrica (apidatos.ree.es), PVPC 2.0TD and spot market indicators. Data for 17 August 2026. Series last updated at source at 20:46. This page refreshes every 15 minutes.
Why midday is the cheapest hour
Because at midday there is sunshine for everyone. Thousands of roofs and the large plants all push energy in at once, supply jumps and the auction clears low. As the afternoon fades the sun goes, demand rises and the price follows it up. That is the shape of the chart above: a hollow at midday and a peak at nightfall.
The industry calls it price cannibalisation: the more solar energy arrives in the same hour, the less each kWh of that hour is worth. Good news if you consume at midday, bad news if you were counting on selling what you do not use.
Which leaves one conclusion the numbers actually support: what counts is the kWh you never buy because your roof made it. That one you save at the regulated tariff price, taxes included. The one you push into the grid is paid at your retailer’s surplus rate, quite a bit lower.
What this means for your roof
That the order of priorities is clear. First, use the energy while it is being produced: the dishwasher, the washing machine and the car at midday are worth more than at ten at night. Second, store what you cannot use, if the battery maths works in your case. And last, push whatever is left into the grid.
Questions about the electricity price
Do I get paid the market price for my surplus energy?
No. Under the simplified compensation scheme of RD 244/2019 you are not selling energy: it is discounted from your bill at whatever price your retailer offers, fixed or indexed. That discount cannot exceed the value of the energy you consumed that month, so the bill never reaches zero.
Why are there two different prices for the same day?
The day-ahead market is a wholesale auction: the price of energy on its own. The regulated tariff adds grid tolls and system charges on top of that energy. Electricity tax and VAT come on top of both.
When is tomorrow's price known?
The day before. The day-ahead auction clears in the afternoon and sets the hourly price for the following day. That is why this page already shows the whole day, not just the hours already gone.
Is the regulated tariff a good fit if I have solar panels?
It depends on when you use electricity. The regulated tariff rewards consumption during cheap hours and punishes the evening peak, and with panels you are already covering much of midday. It is a calculation to run against your real consumption curve, not a typical customer.
How much of this price can you take off your bill?
With your hourly consumption and your roof modelled in PVGIS we can tell you which part of that chart you stop paying. Your numbers, with no salesperson at your door.