⚡️ Electricity prices 🇪🇸 Palma ES ⚡️
Electricity price in Palma is € 0.1773 /kWh right now.
Hourly day-ahead electricity prices for Palma reflect supply and demand across the Spain zone. The cheapest window today opens around 13:00 at € 0.1448 /kWh.
Today's average
€ 0.1931 /kWh
▲ 79% vs yesterday
Right now (16:00)
€ 0.1773 /kWh
Cheapest hour (13:00)
€ 0.1448 /kWh
Most expensive (20:00)
€ 0.2789 /kWh
Tomorrow's day-ahead prices — cheapest hour at 14:00 CEST (€ 0.0009 /kWh), most expensive at 07:00 CEST (€ 0.2113 /kWh).
Price comparison — Palma
| Period | Average | vs today |
|---|---|---|
| Today | € 0.1931 /kWh | — |
| Yesterday | € 0.1080 /kWh | ▼ 44% |
| Last 7 days | € 0.1427 /kWh | ▼ 26% |
| Last 30 days | € 0.1368 /kWh | ▼ 29% |
| Current month | € 0.1427 /kWh | ▼ 26% |
| Previous month | € 0.1172 /kWh | ▼ 39% |
| Same month last year | € 0.0608 /kWh | ▼ 68% |
Monthly cost estimate for an average household using 5 000 kWh/year (~417 kWh/month) at this rate: € 80.44 / month (€ 965.33 / year wholesale, before taxes and grid fees).
Today's hourly prices — Palma
| Hour (CEST) | €/MWh | €/kWh |
|---|---|---|
| 02:00 | € 160.04 | € 0.1600 |
| 03:00 | € 160.00 | € 0.1600 |
| 04:00 | € 162.92 | € 0.1629 |
| 05:00 | € 173.73 | € 0.1737 |
| 06:00 | € 203.86 | € 0.2039 |
| 07:00 | € 238.80 | € 0.2388 |
| 08:00 | € 252.31 | € 0.2523 |
| 09:00 | € 234.00 | € 0.2340 |
| 10:00 | € 187.41 | € 0.1874 |
| 11:00 | € 156.26 | € 0.1563 |
| 12:00 | € 153.91 | € 0.1539 |
| 13:00 ← cheapest | € 144.78 | € 0.1448 |
| 14:00 | € 151.41 | € 0.1514 |
| 15:00 | € 163.94 | € 0.1639 |
| 16:00 | € 177.30 | € 0.1773 |
| 17:00 | € 191.08 | € 0.1911 |
| 18:00 | € 225.95 | € 0.2260 |
| 19:00 | € 258.94 | € 0.2589 |
| 20:00 ← peak | € 278.87 | € 0.2789 |
| 21:00 | € 235.69 | € 0.2357 |
| 22:00 | € 206.62 | € 0.2066 |
| 23:00 | € 184.08 | € 0.1841 |
| 00:00 | € 192.99 | € 0.1930 |
| 01:00 | € 176.01 | € 0.1760 |
Tomorrow's day-ahead prices — Palma
Tomorrow's prices have just been published — plan ahead.
| Hour (CEST) | €/MWh | €/kWh |
|---|---|---|
| 02:00 | € 172.66 | € 0.1727 |
| 03:00 | € 165.85 | € 0.1659 |
| 04:00 | € 158.50 | € 0.1585 |
| 05:00 | € 162.61 | € 0.1626 |
| 06:00 | € 169.69 | € 0.1697 |
| 07:00 ← peak | € 211.31 | € 0.2113 |
| 08:00 | € 209.99 | € 0.2100 |
| 09:00 | € 167.74 | € 0.1677 |
| 10:00 | € 94.44 | € 0.0944 |
| 11:00 | € 16.65 | € 0.0166 |
| 12:00 | € 2.86 | € 0.0029 |
| 13:00 | € 1.53 | € 0.0015 |
| 14:00 ← cheapest | € 0.94 | € 0.0009 |
| 15:00 | € 0.97 | € 0.0010 |
| 16:00 | € 4.08 | € 0.0041 |
| 17:00 | € 47.02 | € 0.0470 |
| 18:00 | € 120.16 | € 0.1202 |
| 19:00 | € 196.33 | € 0.1963 |
| 20:00 | € 193.87 | € 0.1939 |
| 21:00 | € 173.07 | € 0.1731 |
| 22:00 | € 166.77 | € 0.1668 |
| 23:00 | € 153.97 | € 0.1540 |
What things cost today — Palma
Range = cost at today's cheapest hour vs most expensive. Average = today's mean. cheapest-hour scheduling targets the cheap end.
| Activity | kWh | Cheapest hour | Average | Peak hour |
|---|---|---|---|---|
| 🚿 Take a 10-min shower | 6 | € 0.87 | € 1.16 | € 1.67 |
| 🛁 Take a bath | 7.5 | € 1.09 | € 1.45 | € 2.09 |
| 💧 Boil 1 L of water | 0.12 | € 0.02 | € 0.02 | € 0.03 |
| 🔌 Charge an EV (full) | 45 | € 6.52 | € 8.69 | € 12.55 |
| 📱 Charge a phone | 0.02 | € 0.00 | € 0.00 | € 0.01 |
| 👕 Run washing machine | 0.8 | € 0.12 | € 0.15 | € 0.22 |
| 🍽️ Run dishwasher | 1.4 | € 0.20 | € 0.27 | € 0.39 |
| 🧹 Vacuum 10 min | 0.33 | € 0.05 | € 0.06 | € 0.09 |
| 💨 Hairdryer 10 min | 0.33 | € 0.05 | € 0.06 | € 0.09 |
| 📺 Watch 1 h of TV | 0.6 | € 0.09 | € 0.12 | € 0.17 |
Last 31 days — Palma
12-month price history — Palma
| Month | Average | €/MWh |
|---|---|---|
| 2026-09 | € 0.1420 /kWh | € 141.97 |
| 2026-08 | € 0.1172 /kWh | € 117.15 |
| 2026-07 | € 0.1048 /kWh | € 104.84 |
| 2026-06 | € 0.0707 /kWh | € 70.75 |
| 2026-05 | € 0.0543 /kWh | € 54.26 |
| 2026-04 | € 0.0424 /kWh | € 42.44 |
| 2026-03 | € 0.0417 /kWh | € 41.72 |
| 2026-02 | € 0.0164 /kWh | € 16.41 |
| 2026-01 | € 0.0700 /kWh | € 70.03 |
| 2025-12 | € 0.0771 /kWh | € 77.07 |
| 2025-11 | € 0.0590 /kWh | € 58.97 |
| 2025-10 | € 0.0742 /kWh | € 74.23 |
Why your bill is higher than the spot price
The prices on this page are wholesale day-ahead — what suppliers pay on the Nord Pool / EPEX market. Your final retail bill adds:
| Component | Type | Approx (EU avg) |
|---|---|---|
| Wholesale spot price | Variable (this page) | — |
| Electricity tax / excise | Fixed | € 0.005 – 0.20 /kWh |
| Grid / network fee | Fixed + variable | € 0.05 – 0.15 /kWh |
| VAT / sales tax | % multiplier | 20 – 25 % |
| Supplier markup + monthly fee | Provider-specific | € 0.005 – 0.05 /kWh |
Rule of thumb: add 30–60% on top of the wholesale spot price to estimate your true per-kWh cost. The exact split depends on your country, your grid operator, and your contract type.
Smart electricity tips for Palma
- Cheapest hour today: 13:00 CEST at € 0.1448 /kWh — schedule heavy appliances to run within this window.
- Avoid peak: 20:00 CEST hits € 0.2789 /kWh in Palma — postpone the dishwasher or EV charging if you can.
- Dishwasher cost in Palma: running it at the cheapest hour costs about € 0.20; at peak it's € 0.39 — over a year that's significant savings.
- EV charging in Palma: a 50 kWh charge during the cheapest hour costs around € 7.24.
- Typical monthly bill in Palma: a household using 5 000 kWh/year pays about € 80 this month at current wholesale prices (€ 0.1368 /kWh 30-day average).
FAQ — Palma
How is the electricity price determined?
Day-ahead prices are set each morning around 13:00 CEST by Nord Pool / EPEX, where suppliers and producers across Europe submit bids for each hour of the next day. The cheapest mix that meets demand wins, and that price applies to everyone in the bidding zone for that hour.
When is electricity cheapest?
Today the cheapest hour in Palma is 13:00 CEST at € 0.1448 /kWh. Typically late at night (00:00–04:00) and around midday on sunny/windy days when renewables overproduce.
Can electricity prices go negative?
Yes. When wind + solar overproduce on a low-demand day, wholesale prices can drop below zero. This happens 50–100 hours per year in renewables-heavy zones.
Why is my electricity bill higher than the spot price?
The spot price is just one component. Your retail bill also includes electricity tax, grid/network fees, VAT and a supplier markup. Add roughly 30–60 % on top of the wholesale spot price to estimate your true per-kWh cost.
How accurate is this data?
Source: ENTSO-E Transparency Platform — the official EU regulators data feed. Updated every 10–20 minutes.
Can I save money by shifting consumption?
Yes — significantly. Today in Palma the most expensive hour is 1.9× the cheapest. Running your dishwasher, washing machine and EV charging during the cheap window saves real money every cycle.
Are tomorrow's prices already known?
Day-ahead prices are auctioned around 13:00 CEST each day. Until then, only todays hourly prices are final. Once tomorrows auction closes, the full 24-hour breakdown appears on this page automatically.
Source: ENTSO-E Transparency Platform. Last updated: 2026-09-28 (CEST).