Day-ahead electricity prices: days, months and years at a glance
The calculator shows the last 30 daily or 13 monthly averages and works out what the exchange share of your monthly use cost.
Exchange price, last 30 days average
15.5 ct/kWh
Exchange share for 250 kWh: €38.84
| Month Sept 26 | 14.5 ct/kWh |
| A year earlier (Sept 25) | 8.4 ct/kWh |
| Highest daily average (30 days) | 21.2 ct/kWh |
| Lowest daily average (30 days) | 1.3 ct/kWh |
Day-ahead wholesale prices: Bundesnetzagentur | SMARD.de (CC BY 4.0), fetched on 24 October 2026. Calculation: Radif Partners
The day-ahead price, often called the “EPEX spot price” after one of the power exchanges that run the auction, is the result of the European day-ahead auction: the wholesale price for each quarter hour of the next day, set separately for each bidding zone. In September 2026 the monthly average was 14.48 ct/kWh in the German and Luxembourg zone and 15.22 ct/kWh in the Dutch zone; a year earlier the German figure was 8.35 ct/kWh. Over the last 30 days the averages were 15.52 ct/kWh in Germany and 15.77 ct/kWh in the Netherlands. The most expensive year in the series was 2022, at €234.49 per MWh in Germany, when gas prices soared after Russia’s attack on Ukraine. For households the exchange price is only part of the unit rate: grid fees, taxes, levies and VAT come on top and make up the larger share whenever wholesale prices are low. On a fixed contract changes reach you late, when the supplier reprices; on a dynamic tariff you pay each quarter hour’s exchange price straight away. All figures here are SMARD data from the Federal Network Agency, not EPEX SPOT data.
Checked by Radif Partners · Editorial policy · Method and sources
Yearly averages since 2019
| Year | Germany €/MWh | Netherlands €/MWh | Austria €/MWh |
|---|---|---|---|
| 2019 | €37.70 | €41.22 | €40.09 |
| 2020 | €30.43 | €32.22 | €33.12 |
| 2021 | €96.57 | €102.63 | €106.51 |
| 2022 | €234.49 | €241.23 | €260.57 |
| 2023 | €95.46 | €96.14 | €102.45 |
| 2024 | €78.45 | €77.24 | €81.49 |
| 2025 | €89.56 | €87.04 | €99.17 |
The last 13 months
| Month | Germany | Netherlands |
|---|---|---|
| September 2025 | 8.35 ct/kWh | 7.77 ct/kWh |
| October 2025 | 8.44 ct/kWh | 8.23 ct/kWh |
| November 2025 | 10.19 ct/kWh | 9.37 ct/kWh |
| December 2025 | 9.35 ct/kWh | 8.77 ct/kWh |
| January 2026 | 11.01 ct/kWh | 10.76 ct/kWh |
| February 2026 | 9.66 ct/kWh | 9.30 ct/kWh |
| March 2026 | 9.93 ct/kWh | 9.89 ct/kWh |
| April 2026 | 7.85 ct/kWh | 8.46 ct/kWh |
| May 2026 | 9.75 ct/kWh | 9.49 ct/kWh |
| June 2026 | 10.95 ct/kWh | 11.01 ct/kWh |
| July 2026 | 10.55 ct/kWh | 10.59 ct/kWh |
| August 2026 | 12.69 ct/kWh | 12.54 ct/kWh |
| September 2026 | 14.48 ct/kWh | 15.22 ct/kWh |
All values come from Bundesnetzagentur | SMARD.de: wholesale electricity prices (CC BY 4.0). A monthly average built from daily averages differs from the mean of all quarter hours only marginally, on clock-change days. What German households pay with taxes and grid fees is in the Federal Network Agency and Federal Cartel Office: Monitoring Report 2025, table 25; Dutch consumer averages are published by CBS StatLine 85592NED: average energy rates for consumers (CC BY 4.0).
From exchange share to bill
Enter your monthly use in the calculator to see what the bare exchange share would have cost. The full all-in price is on hourly electricity prices, the comparison with your fixed rate on dynamic electricity tariff, and how often prices fell below zero on negative electricity prices.