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Electricity price today 07 October 2024

Discover current electricity prices in Italy, focusing on safe and free market tariffs.

Today the electricity price established by ARERA is equal to 0.11202 €/kWh for the single-hour tariff, while for the double-hour tariff it is 0.12233 €/kWh for the F1 band and 0.13174 €/kWh for the F2. is equal F3 band. The electricity price per kilowatt hour varies every 3 months and applies to the supply of electricity under the market system protected by the National Electricity Service. However, in a free market context, it is the individual suppliers in the context of free competition who determine the price of the raw material and specify the details of the various offers.

How is electricity price calculated?

The price of electricity in Italy is calculated based on a variety of factors, including the cost of raw materials, transportation and distribution costs, and taxes. ARERA, the regulatory authority for energy, networks and the environment, establishes tariffs for the protected market, which are updated quarterly. However, in a free market, suppliers may offer different prices based on their trade policies and market conditions.

Electricity price in safe market by time slot

In Italy, the reserve market provides different tariffs based on consumption time slots. The F1, F2 and F3 bands correspond to different times of the day, with variable costs depending on energy demand. This system allows us to encourage more conscious consumption and reduce high demand during peak hours.

Currently, the electricity price in the safe market for various time slots is as follows:

Duration F0 (Monoraria) F1 F2 F3
September 2024 0.11202 0.12233 0.13174 0.10565
August 2024 0.12843 0.12167 0.14795 0.12219
July 2024 0.11232 0.10867 0.13063 0.10467
June 2024 0.10317 0.10381 0.11616 0.09543
Maggio 2024 0.09488 0.09466 0.11480 0.08624
April 2024 0.08680 0.08557 0.10129 0.08054

Price of electricity in free market

In a free market, consumers have the opportunity to choose between different offers from electricity suppliers. Prices are determined by competition between suppliers and may vary significantly based on market conditions and commercial strategies adopted. This system provides more flexibility and savings opportunities for customers.

Currently, the price of electricity in the free market may differ from the reserved market, and customers are encouraged to compare offers to find the most beneficial solution for their needs.

Source: Official data published daily by the Energy Markets Manager on the website www.mercatoelettrico.org.

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