Price of electricity in Finland peaks at 2.35€/kWh today. Keeping my tiny granny cottage warm costs me over 50 euros for a single day. It's negative 25C (-13F) outside.
i.imgur.com
That massive spike of 50c/kWh at the left looks tiny compared to today even though that's already insanely expensive
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Tomorrow is back to normal. Even the 37c/kWh spike hardly registers on the graph compared to today even though that's still pretty expensive.
Are you actually paying the daily spot price? Not a flat amount with the utility provider taking the hit? That's how I know it from any other country, unless you have a specific contract where the user made an informed decision to opt for market rates.
Mainly the reason is that many countries do not have hourly capable meters, so calculating the price for each hour is not possible. Flat rate is needed when you just have the cumulative read once a month.
In Finland the meters communicate automatically once a day, and send the 24h values to grid company. The next generation meters which are now installed can communicate once a hour.
30% of Finns are on spot.
Oh interesting, never knew that's a thing. Sounds mostly like a good development to make people more conscious about their consumption.
Sounds more like an incentive to put up solar panels and battery storage. Even if it isn't enough to go off grid totally, you can at least store on cheap days.
Spot is quite normal in the Nordics. Over all it's the cheapest, but some days suck obviously.
This summer we had days with negative prices. My bill for July was 78 NOK (about $8). Might have been August when I think about it...
Yeah about 30% of Finns have a plan lile that. It's bit of an gamble, but on average it'll be cheaper on the long run.
40c/kWh is a pretty normal price here in Germany...
Ironically, prices are high, because of too much extremely cheap renewables.
Bullshit. Check the prices around Christmas last year, Germany was running only on renewables on the 24th and I paid .19€/kWh all day long then.
Do you really think, that's what anyone pays? Because that's not how consumer contracts work. You're paying whatever you agreed upon when signing the contract.
Source: https://www.stromauskunft.de/strompreise/
This was literally 10s of google. Is that so hard?
Yes, that's what I pay. That's what my contract works like.
https://tibber.com/
And on average, you'll pay just as much as everyone else. If prices go through the roof, you'll get screwed. See 2022.
Nope. More than 80% of my usage comes from heating and driving and I've heavily optimized car charging and heat buffering to make use of low cost times.
Heating can only be optimized for about 24h periods, that's why I can supplement my heating with wood from my own forest.
Driving, between April and October pretty much only happens using electricity from my own roof, between May and September the entire house uses less than 100kWh from the grid.
Before I signed at Tibber, I had of course compared my recorded load profiles including simulations for automated usage optimization against EPEX 60min day-ahead prices and I would have been at less than 0.23€/kWh on average since 2020, including the high prices of 2022.