How hourly rates work

With a hourly rate contract you pay the actual hourly electricity price, based on the electricity exchange spot price. This means that your electricity price varies hour by hour depending on the fluctuations of the electricity market.

Hourly rate is suitable for those who want full control over your electricity use and the possibility to shift your consumption to times with lower electricity prices. Benefits include:

• Optimize your electricity consumption - by using electricity when the price is lowest, you can reduce your electricity costs.
• Transparent pricing - you always pay the current market price without the monthly average mark-up.
• Ideal for electric car owners and smart homes - if you can control charging and consumption to cheaper hours, you can save money.

Hourly rate is suitable for those who want full control over your electricity use and the possibility to adapt your consumption to the market price. It is particularly advantageous for:

• Electric car owners - By charging your car when electricity prices are low, you can reduce your costs.
• Households with flexible consumption - if you can shift heating, laundry and other electricity-intensive activities to cheaper hours, you can benefit from hourly pricing.
• Technology enthusiasts and smart homes - Smart systems allow you to automate and optimize electricity use based on hourly prices.
• Consumers who want the lowest price on the market - By actively following the electricity market, you can take advantage of price fluctuations to reduce your electricity costs.

What is the difference between variable and hourly rates?

The main difference between variable electricity price and hourly rate is how the price is set and influenced by the market:

• Variable electricity price is based on average monthly price for all customers with the same contract type. You avoid large hourly fluctuations and get a more even price.
• Hourly rate follows the electricity exchange spot price per hourThis means that your electricity price varies hour by hour depending on supply and demand.

Which is best for you?

• Variable electricity price is suitable for those who want a more stable price over time without having to actively follow the electricity market.
• Hourly rate is suitable for those who can adjust their electricity consumption to times of lower prices to save money.

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