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Electricity prices in Germany today and tomorrow (thelemmy.club)
submitted 4 months ago by to c/solarpunk@slrpnk.net
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[–] 6 points 4 months ago* (last edited 4 months ago) (7 children)

Here in Canada I pay a flat rate of 9.97 cents per kWh, not sure how that compares to your currency..

Edit: 1 CAD is 0.62EUR

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  • [–] 8 points 4 months ago (1 child)

    I think these are wholesale prices, not residential.

    Large consumers, like steel mills and refineries can adjust their consumption to smooth out fluctuations in base load power production.

    For producers, it's often cheaper to give power away for free or pay consumers to take it rather than spin down a whole gas turbine/reactor/coal furnace. It wastes a shitload of energy to cold start one of those again and synch it with the grid.

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  • [–] 3 points 4 months ago*

    Ah that makes sense. Our electricity is mainly hydro electric as well so our system is a fair bit different, and also depends on the time of year for heavy commercial use due to us being buried in snow for half the year lol

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