2026 has started with relatively high electricity prices. But soon cheap – and sometimes even free – electricity is just around the corner. After a winter where electricity has typically been cheapest at night, it is once again daytime hours that often have the lowest electricity prices. There is more sunshine, which means that solar cells produce a larger part of the electricity in the middle of the day, which pushes prices down. This is stated by OK in a press release.
- Sun and wind are electricity customers' best friends. Now the sun is producing lots of electricity for us again, and this can be seen in the electricity prices, which now and in the coming months will generally be lowest in the middle of the day, says Troels Skipper, product manager for electricity at OK.
During the winter months, the limited solar production has meant that the electricity price has often been lowest at night, when demand is low. However, with more hours of sunshine, the pattern is expected to reverse again in the coming six months, so that the hours around 12-15 are usually the cheapest.
Longest period without free electricity since the energy crisis is ending soon
At the same time, free electricity may return during March. This means that the longest period without free electricity since the energy crisis in 2022 is about to end. It has been 21 weeks since we have seen an hour with an electricity price of 0 kr. or less.
- You can get a little confused when you hear about fluctuating electricity prices. We have seen very high electricity prices in January. But soon the electricity will be free. This emphasizes that it is really wise to have a variable electricity agreement, so that you can help lower your electricity bill yourself. If you have a fixed-price agreement for your electricity, you will pay dearly for the coming many months, when we will see low and negative electricity prices, says Troels Skipper.
In week 9, the three cheapest midday hours were on average 2.8 øre/kWh cheaper than the three cheapest night hours in Western Denmark (DK1), when looking at raw electricity prices.
The figures are calculated without transport, taxes and VAT. Tariffs from local grid companies vary throughout the day and can therefore affect the total price.
From April 1, most grid companies will also switch to summer prices on transport tariffs, which typically makes it even cheaper to use electricity during the day.
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