The cheapest electricity on Wednesday, October 21, will be between 14:00 and 15:00, at €0.01837 per kWh. The highest price will occur from 20:00 to 21:00, at €0.41808.
According to El Confidencial, the price of electricity on Wednesday, October 21, 2026 will average €0.2047 per kilowatt hour (kWh) in Spain. The most economical period of the day is between 14:00 and 15:00, at €0.01837 €/kWh.
On the opposite side, the maximum is recorded between 20:00 and 21:00, at €0.41808 €/kWh. Between 14:00 and 17:00, the rates remain at very low levels, but from 18:00 onwards, the price rises sharply.
During the early morning, the electricity price hovers around €0.17 and €0.19 €/kWh. In the morning, the price rises to €0.34058 €/kWh between 08:00 and 09:00, and drops to half from 11:00 onwards.
The evolution of the price is influenced by the cost of gas in international markets and by CO₂ emission rights. Combined cycle plants also affect the formation of wholesale prices.
For consumers, concentrating the use of washing machines, ovens, or electric cars between 14:00 and 17:00 is the clearest way to reduce the day's bill, as avoiding the period from 19:00 to 22:00 means paying between €0.32 and €0.42 €/kWh.

