In europe that situation will be wildly different. Here in germany you won't get under 0.50$/kWh (edit: more like .30 now) so it's more like 500 to 800 hours
Edit 2: wow, thanks for the hint! I just halved my prices by switching
Those were last year's prices during the height of the energy crisis. I was paying 0.60€/kWh last year (new contract). I renegotiated this year and got it lowered to about 0.27€/kWh.
I switched to a half hourly tracker earlier this year. So it's like 10-15p/kWh (and sometimes as low as negative so they pay you to use the electricity) and jumping to 30-40p between 4pm and 7pm.
As someone working from home with pretty much constant electricity use all day, it's saved me tons.
I live in a rural part of the US (Which is honestly most of it) and electricity runs about $0.12/kWh. Ya'lls prices are mind blowing. Especially since we heat with electric heat pumps. At those rates my electric bill would be about $625/mo instead of $250/mo.
Yikes, in Québec we have hydro electricity that's owned by the government, everyone gets the first 40kWh of the day at 0.065$CAD and the rest is like 0.10CAD. I think the energy situation in Europe is too dependent on private companies that decide what price they want between each other and they agree to keep the prices high, kind of like here we have that with internet and cell service..