3 ms·
Some context based on recent history (EU/Finland perspective): - On average the market electricity contracts are cheaper than flat-rate contracts - Day-to-day
by lrasinen 2y ago
Some context based on recent history (EU/Finland perspective):
- On average the market electricity contracts are cheaper than flat-rate contracts
- Day-to-day (and hour-to-hour) variation can be huge; yesterday evening it was 32 c/kWh, tomorrow it'll be about 2-3 c/kWh for most of the day.
- You know the day-ahead prices around noon (UTC), so you can plan ahead.
- EU has a wholesale electricity price cap; not sure what's the current value but it was 500 c/kWh a while ago. Plus taxes, probably.
- lrasinen 2y agoOh and in Finland there's a separate per-kWh fee to the local electricity network operator for transferring the electricity, so the breakeven point is somewhere around -4 c/kWh.