Earning Money for Using Electricity: How Exchange Rates Vary on Saturdays

On Saturdays, the price of electricity on the electric exchange varies throughout the day. The most expensive rates occur between 10-11 p.m., but for most of Saturday, the price is zero or even negative, meaning consumers could potentially earn money for using electricity during those times.

From seven to ten in the evening, the price of electricity is zero, giving consumers a window of time to use electricity for free. However, it’s important to note that while the electricity itself may be free or have a negative price, consumers still have to pay for electricity transmission and other related fees. Additionally, electricity contracts often come with a basic monthly payment, so there may be other costs associated with using exchange electricity.

At ten in the evening, the price of electricity on the exchange rises to 0.19 cents per kilowatt hour but quickly drops back to zero at eleven. The lowest price recorded is -0.24 cents per kilowatt hour in the afternoon from three to four o’clock. It’s worth monitoring these rates to take advantage of the lowest prices and make sure you are getting your money’s worth when using exchange electricity on Saturdays. The graphic provided below shows an overview of the hourly costs of exchange electricity on Saturdays, allowing you to plan your usage accordingly.