If, like many other Danes, you are chasing the cheapest hours of the day to wash clothes and charge your electric car, you can now sleep soundly at night. In March, the trend has reversed, so that it is now during the daytime rather than at night, when consumers can get the cheapest electricity. This is shown by a list of the cheapest electricity prices per day from 2019 to now. The statement comes from the energy company Norlys, one of the country's largest.
- In line with the expansion of renewable energy sources and especially solar cells throughout Europe, there are periods when it is cheapest at significantly different times than we have seen before, says Mads Brøgger, director of Norlys' energy business.
In fact, developments in recent years have meant that the cheapest electricity prices of the day were at night all year round in 2019, while in 2024 from March to October it was cheapest to use electricity during the day.
- It is a relatively new trend that, for example, it is at 12, 13, 14 and 15 that electricity prices are cheapest, says Mads Brøgger.
Cheapest in the middle of the day
Until now in March, electricity has been absolutely cheapest between 12 and 15 with a pure electricity price of between 14 and 19 øre per kWh. In comparison, the price for January and February in the same period was between 71 and 74 øre per kWh. In addition to the pure electricity price, VAT and a number of tariffs are imposed on the state and the local electricity grid company, as well as payments to the energy company.
According to the knowledge center Bolius, the average electricity price including taxes was DKK 3.03 per kWh in February 2025.
Last year, five percent more electricity was produced from solar cells and wind turbines than the year before in Denmark, according to Energinet, which operates the electricity grid. This is due, among other things, to more solar cells.
- The higher the share of renewable energy - the greater the fluctuations in energy prices will be, says Mads Brøgger from Norlys.
/ritzau/
