Market Price
For companies that want flexible conditions and to save in the long-term
Fixed Price
For companies that find it is important to plan and predict the company’s long-term costs.
Read moreWhat is Market Price?
Variable electricity price for each MWh. This is a saving opportunity for flexible consumers – to consume more when the electricity price at the power exchange is lower, while reducing the company’s power consumption when the price goes up.
When this solution is chosen, electricity is purchased at the Nord Pool power exchange for the current hourly price of the Latvian zone.
Electricity prices change each hour at the exchange. Historical and next day’s exchange prices can be followed on the Nord Pool power exchange website. Hourly rates for the next day are published at 2.00 PM.
THE PRICE OF NORD POOL SPOT REGION OF LATVIA
EUR/MWh
Market Price advantages:
- By adapting electricity consumption to exchange prices – consuming more when the electricity price at the exchange is lower, while consuming less when the price rises – it is possible to reduce electricity costs
- In the long-term, Market Price is more advantageous than fixed price
- There is no early contract termination fee
