Electricity price in Estonia on 16 May 2023
· prices in c/kWh (1 c = €0.01) · times in Tallinn time
Average for the day
9.888.24 c/kWh incl. VATexcl. VAT
19% higher than 15 May (avg 8.296.91)
- Cheapest hour
- 16:00–17:00 · 1.471.23 c
- Most expensive hour
- 21:00–22:00 · 19.8316.53 c
Until 1 October 2025 the day-ahead market traded whole hours, so this day has hourly prices only.
On 16 May 2023, the electricity price in Estonia averaged 9.88 c/kWh incl. VAT. The cheapest clock hour was 16:00–17:00, at 1.47 c; the most expensive was 21:00–22:00, at 19.83 c. On 16 May 2023, the electricity price in Estonia averaged 8.24 c/kWh excl. VAT. The cheapest clock hour was 16:00–17:00, at 1.23 c; the most expensive was 21:00–22:00, at 16.53 c.
Cheapest hours on 16 May
Cheapest continuous period of the day. Average price incl. VATexcl. VAT, c/kWh.
- 1 hour 16:00–17:00 average 1.471.23 c
- 2 hours 15:00–17:00 average 2.071.73 c
- 3 hours 14:00–17:00 average 4.814.00 c
- 4 hours 14:00–18:00 average 6.175.14 c
Most expensive clock hour: 21:00–22:00 (19.8316.53 c)
Price through the day
Tap the chart to see the price of an hour · c/kWh incl. VATexcl. VAT
c/kWh incl. VATexcl. VAT, per hour. Colours compare each price with the day’s average; a price is marked as expensive only if it is above the average by at least 1.21 c.
Price hour by hour
| Time | Price | Level |
|---|---|---|
| 00:00–01:00 | 10.278.56 | Normal |
| 01:00–02:00 | 9.077.56 | Normal |
| 02:00–03:00 | 5.924.93 | Cheap |
| 03:00–04:00 | 5.944.95 | Cheap |
| 04:00–05:00 | 5.964.97 | Cheap |
| 05:00–06:00 | 7.726.43 | Normal |
| 06:00–07:00 | 8.306.92 | Normal |
| 07:00–08:00 | 14.0011.66 | Expensive |
| 08:00–09:00 | 14.2711.89 | Expensive |
| 09:00–10:00 | 14.3411.95 | Expensive |
| 10:00–11:00 | 12.4010.33 | Expensive |
| 11:00–12:00 | 9.738.11 | Normal |
| 12:00–13:00 | 8.056.71 | Normal |
| 13:00–14:00 | 11.869.88 | Normal |
| 14:00–15:00 | 10.278.56 | Normal |
| 15:00–16:00 | 2.672.23 | Cheap |
| 16:00–17:00 | 1.471.23 | Cheap |
| 17:00–18:00 | 10.278.56 | Normal |
| 18:00–19:00 | 10.278.56 | Normal |
| 19:00–20:00 | 10.278.56 | Normal |
| 20:00–21:00 | 13.7611.47 | Expensive |
| 21:00–22:00 | 19.8316.53 | Very expensive |
| 22:00–23:00 | 10.278.56 | Normal |
| 23:00–24:00 | 10.278.56 | Normal |