Electricity Price 29 October: +48.88% Compared To 28 October | Selectra Dynamic Price Checker

Today's (29 October 2025) electricity prices will be the lowest between 02:30 and 03:00, with an average price of 0.058€/kWh. The most expensive time of the day to use electricity, is between 17:30 and 18:00, with an average price of 0.201€/kWh. The price has increased with 48.88% compared to yesterday. Tomorrow, the average price will be -15.92% cheaper compared to today. The cheapest time to use electricity will be between 02:30 and 03:00 (0.058€/kWh) and the most expensive time between 17:30 and 18:00 (0.201€/kWh).

Today's Electricity Price Wednesday 29 October 2025

The average price for electricity today is 0.107€/kWh. This is an increase of 48.88% compared to yesterday.

The lowest electricity price of today (29/10/2025) is between 02:30 and 03:00, with a price of 0.058€/kWh.

The highest electricity price of today is between 17:30 and 18:00, with a price of 0.201€/kWh.

You can follow the hourly electricity prices using the Selectra Dynamic Price Checker.

In the overview, below you will find the electricity prices per hour for 29 October 2025, in euro per kilowatt hour (€/kWh):

The prices for tomorrow (30 October) are already known. In the overview, below you will find the electricity prices per hour of 30 October 2025, in euro per kilowatt hour (€/kWh):

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Plan Your Electricity Consumption and Save Money!

To keep your electricity bill under control, you can adjust your consumption habits based on price fluctuations:

• Do: Use your energy-intensive appliances such as washing machines, dishwashers and tumble dryers during the green-coloured times indicated above. This is also the best time to charge your electric car.
• Avoid: Periods between the red-coloured times shown above have the highest rate of the day.

It may also be possible to wait until tomorrow if the times that suit you better are cheaper tomorrow than today. The graph below compares today's and tomorrow's prices so that you can best estimate when to use electricity.

This approach helps you save on your bill and also contributes to better management of the electricity grid.

Development Electricity Prices

The graphs below show the development of average electricity prices.

Compare the Spot Price With the Rest of Europe

Discover in the graph below how the spot price in Ireland compares to that in other European countries.

Why Do Electricity Prices Change Each Hour

Electricity prices are dynamic, changing based on a number of factors that constantly shift the balance of supply and demand on the power grid.

1. Demand: Prices rise during **peak demand periods**, when most people are using electricity at the same time. These are typically in the mornings and evenings when homes and businesses are most active. Conversely, prices are lowest during the night and early morning when demand drops significantly.
2. Supply: The cost of electricity is largely determined by the most expensive generator needed to meet demand at any given moment. In Ireland, this is often a natural gas plant. When demand is high, these more expensive "peaking" plants come online, driving up the price for all electricity.
3. Renewables:On the other hand, when there's a lot of renewable energy available, especially from wind farms, it significantly lowers the price. The marginal cost of generating electricity from wind is virtually zero, so when it's windy, it displaces the need for more expensive fossil fuel plants. This is why you often see lower prices on windy days.
4. Interconnectors:Ireland's electricity grid is also connected to Great Britain via subsea cables called interconnectors. These allow power to be imported from or exported to other markets. If prices are cheaper in Britain, we can import power, which helps to lower prices here. This also works in reverse, with Ireland exporting power when it's cheaper to generate it here. A new interconnector to France, the Celtic Interconnector, is also being developed to further link Ireland's grid to continental Europe.

By Cormac Breen

Content Manager

Cormac is Selectra.ie's energy expert along with being the chief content and editorial manager for the website. His aim is to help find the best deal for you and your home energy needs so that you save money on your annual bills. His knowledge and experience of the Irish energy market allows him to offer the best advice and insight into current prices, emerging trends and overall energy saving tips.