Electricity
Flexible Fix + Combined Invoice with Elektrilevi Network Service
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Fixed basic price
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Final price varies according to consumption
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Manage your consumption with less risk
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Joint bill with Elektrilev
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Contract period 12 months
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Hot food, coffee, pastries in café shops permanently -15%
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Fuel permanently -5s/l cheaper when registering as a customer
Alexela's new and flexible electricity package offers security and a unique opportunity to influence your fixed electricity price through smart consumption. With this package, you can fix your electricity price to protect yourself against fluctuations in market prices. At the same time, the package provides the possibility to benefit by consuming electricity during cheaper hours on the electricity exchange, thus reducing the final cost.
You can influence the variable component by scheduling the use of larger electricity consumers for cheaper hours. For example, whether lights are on or off won’t affect your base price, as they make up a small portion of your total monthly consumption.
You can conveniently monitor the exchange price via the Alexela app.
This package is for you if you are able to shift your consumption to hours with lower exchange prices and you want to actively monitor the market price daily. It is especially beneficial for homeowners or customers with higher consumption, as they stand to gain more.
In case of early contract termination or switching packages, an early termination fee will apply.
How does the package work?
- We will agree with you on a contract period of 12 months and a fixed base price, which will remain valid throughout the entire contract period. In addition to the price fixed in the contract, a monthly variable component is added. This component does not depend on the total amount of electricity you consume, but rather on whether the majority of electricity is used during cheaper or more expensive hours. The comparison is based on the average market price during the billing period.
- The variable component can be calculated using a simple formula: ((hourly consumption × hourly market price) / total monthly electricity consumption) − monthly average market price
- The first part of the formula shows what your electricity cost would have been with a market-based package. By dividing this by your total consumption for the month (in kWh), you get your average monthly electricity price (cents/kWh). Subtracting the Nord Pool monthly average market price from this gives you the variable component (cents/kWh).
- The variable component increases your electricity price if your average electricity price is higher than the Nord Pool monthly average price and reduces your electricity price if your average price is lower than the Nord Pool monthly average.