CHEAPER ELECTRICITY FROM EESTI GAAS
Why electricity from Eesti Gaas?
Eesti Gaas sells electricity from 2013, when the electricity market opened to all market participants. We have gained experience and knowledge and we are able to offer competitive prices in comparison to the market leader. We provide electricity to everyone, not just our gas customers.
- The price will be personalized according to the quantities consumed.
- The existence of an electricity sales contract provides a discount for the price of natural gas.
- Every business customer has a personal business relations manager.
The price of services at Eesti Gaas is individual and depends on the amount of services used and the quantity of energy consumed. The packages are divided into fixed price packages and exchange price packages.
The fixed price electricity package “Fixed” secures a fixed electricity price for the whole duration of the contract.
You can choose between one-tariff or two- tariff option, in both cases the calculation of the price is based on the hours consumed. The consumed kilowatt-hours are measured by the network operator with an hourly meter, or divided into hourly units based on a load-chart. The single rate option applies the price agreed upon in the contract for every hour in the 24-hour period. This package is better suited if most of the electricity is consumed during the day.
The two-tariff rate option calculates day and night electricity consumption separately. The daily rate is valid 8:00-24:00 during summer and 7:00-23:00 during winter. The night rate is valid 24:00-8:00 during summer and 23:00-7:00 during winter, and on all Saturdays and Sundays. Normal weekday rates apply on national holidays that fall on a weekday.
Exchange price packages
With the exchange price package, it is possible to gain from the discounted price periods at the exchange, while also being prepared for a price increase.
The exchange price for the consumed kilowatt-hours depends on the price of the Nordic Pool Spot (NPS) stock exchange, which changes on an hourly basis. The stock price is supplemented by a fixed sales margin, subject to review once a year and in a fixed contract will be announced at least 30 days prior to its enforcement.
Price calculation is based on hourly consumption and the hourly prices of NPS Estonia. The consumed kilowatt-hours are measured by the network operator with an hourly meter, or divided into hourly units based on typical load-chart. In order to ensure comparability and better preview, all client invoices give an account of the details of consumption and its cost, also divided into night and daily consumption.
Monthly average prices for NPS power exchange in the Estonian region
You can also choose to buy electricity exclusively from renewable energy sources at Eesti Gaas. All business customers contributing to green energy will receive a “Eco-friendly contribution” certificate from us.
Electricity contracts with an exchange price are indefinite. The price per kWh changes according to the hourly rates of the Nord Pool Spot (NPS) stock exchange, meaning it is possible to gain from the discounted price periods at the exchange, while also being prepared for a price increase.
The fixed price electricity package “Fixed” provides a fixed electricity price for a period of 1 to 2 years. Market price fluctuations do not affect the invoices, and the price of kWh of electricity remains the same for each month. You can choose between a two-tariff and a one- tariff option, in both cases the calculation of the price is based on the hours consumed.
Eesti Gaas purchases electricity from Nord Pool Spot and sells it to its customers by adding a small commission, as all market participants.
First of all, the ongoing contract must be terminated through notifying the current provider 30 days in advance. The electricity contract usually starts from the first day of the month and must be concluded no later than 21 days before the 1st day of the month, with the exception of those entering into a new network contract, who will be able to enter into an electricity contract from the same day as the network agreement. Electricity contracts can be concluded by anyone on whose behalf the measuring point network agreement is concluded.
The easiest way to conclude an electricity contract is by contacting us at our e-mail address firstname.lastname@example.org, and we will terminate your previous contract and arrange for the conclusion of a new contract.