▲ 852 ▼ Price of electricity in Finland peaks at 2.35€/kWh today. Keeping my tiny granny cottage warm costs me over 50 euros for a single day. It's negative 25C (-13F) outside. (i.imgur.com) submitted 2 years ago* by Critical_Insight@feddit.uk to c/mildlyinfuriating@lemmy.world 286 comments fedilink hide all child comments That massive spike of 50c/kWh at the left looks tiny compared to today even though that's already insanely expensive
[–] Critical_Insight@feddit.uk [S] 68 points 2 years ago (2 children) Tomorrow is back to normal. Even the 37c/kWh spike hardly registers on the graph compared to today even though that's still pretty expensive. permalink fedilink source hideshow 4 child comments replies: [–] viking@infosec.pub 2 points 2 years ago (3 children) Are you actually paying the daily spot price? Not a flat amount with the utility provider taking the hit? That's how I know it from any other country, unless you have a specific contract where the user made an informed decision to opt for market rates. permalink fedilink source parent hideshow 6 child comments replies: [–] Hotzilla@sopuli.xyz 4 points 2 years ago (1 child) Mainly the reason is that many countries do not have hourly capable meters, so calculating the price for each hour is not possible. Flat rate is needed when you just have the cumulative read once a month. In Finland the meters communicate automatically once a day, and send the 24h values to grid company. The next generation meters which are now installed can communicate once a hour. 30% of Finns are on spot. permalink fedilink source parent hideshow 2 child comments replies: [–] viking@infosec.pub 1 point 2 years ago (1 child) Oh interesting, never knew that's a thing. Sounds mostly like a good development to make people more conscious about their consumption. permalink fedilink source parent hideshow 2 child comments replies: [–] sorghum@sh.itjust.works 1 point 2 years ago Sounds more like an incentive to put up solar panels and battery storage. Even if it isn't enough to go off grid totally, you can at least store on cheap days. permalink fedilink source parent [–] Bronzie@sh.itjust.works 2 points 2 years ago Spot is quite normal in the Nordics. Over all it's the cheapest, but some days suck obviously. This summer we had days with negative prices. My bill for July was 78 NOK (about $8). Might have been August when I think about it... permalink fedilink source parent [–] Critical_Insight@feddit.uk [S] 1 point 2 years ago Yeah about 30% of Finns have a plan lile that. It's bit of an gamble, but on average it'll be cheaper on the long run. permalink fedilink source parent [–] agressivelyPassive@feddit.de -1 points 2 years ago (1 child) 40c/kWh is a pretty normal price here in Germany... Ironically, prices are high, because of too much extremely cheap renewables. permalink fedilink source parent hideshow 2 child comments replies: [+] the_third@feddit.de 0 points 2 years ago* (last edited 2 years ago) (1 child) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] agressivelyPassive@feddit.de 1 point 2 years ago (1 child) Do you really think, that's what anyone pays? Because that's not how consumer contracts work. You're paying whatever you agreed upon when signing the contract. Source: https://www.stromauskunft.de/strompreise/ This was literally 10s of google. Is that so hard? permalink fedilink source parent hideshow 2 child comments replies: [+] the_third@feddit.de 0 points 2 years ago* (last edited 2 years ago) (1 child) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] agressivelyPassive@feddit.de 1 point 2 years ago (1 child) And on average, you'll pay just as much as everyone else. If prices go through the roof, you'll get screwed. See 2022. permalink fedilink source parent hideshow 2 child comments replies: [+] the_third@feddit.de 1 point 2 years ago* (last edited 2 years ago) [deleted] permalink fedilink source parent
[–] viking@infosec.pub 2 points 2 years ago (3 children) Are you actually paying the daily spot price? Not a flat amount with the utility provider taking the hit? That's how I know it from any other country, unless you have a specific contract where the user made an informed decision to opt for market rates. permalink fedilink source parent hideshow 6 child comments replies: [–] Hotzilla@sopuli.xyz 4 points 2 years ago (1 child) Mainly the reason is that many countries do not have hourly capable meters, so calculating the price for each hour is not possible. Flat rate is needed when you just have the cumulative read once a month. In Finland the meters communicate automatically once a day, and send the 24h values to grid company. The next generation meters which are now installed can communicate once a hour. 30% of Finns are on spot. permalink fedilink source parent hideshow 2 child comments replies: [–] viking@infosec.pub 1 point 2 years ago (1 child) Oh interesting, never knew that's a thing. Sounds mostly like a good development to make people more conscious about their consumption. permalink fedilink source parent hideshow 2 child comments replies: [–] sorghum@sh.itjust.works 1 point 2 years ago Sounds more like an incentive to put up solar panels and battery storage. Even if it isn't enough to go off grid totally, you can at least store on cheap days. permalink fedilink source parent [–] Bronzie@sh.itjust.works 2 points 2 years ago Spot is quite normal in the Nordics. Over all it's the cheapest, but some days suck obviously. This summer we had days with negative prices. My bill for July was 78 NOK (about $8). Might have been August when I think about it... permalink fedilink source parent [–] Critical_Insight@feddit.uk [S] 1 point 2 years ago Yeah about 30% of Finns have a plan lile that. It's bit of an gamble, but on average it'll be cheaper on the long run. permalink fedilink source parent
[–] Hotzilla@sopuli.xyz 4 points 2 years ago (1 child) Mainly the reason is that many countries do not have hourly capable meters, so calculating the price for each hour is not possible. Flat rate is needed when you just have the cumulative read once a month. In Finland the meters communicate automatically once a day, and send the 24h values to grid company. The next generation meters which are now installed can communicate once a hour. 30% of Finns are on spot. permalink fedilink source parent hideshow 2 child comments replies: [–] viking@infosec.pub 1 point 2 years ago (1 child) Oh interesting, never knew that's a thing. Sounds mostly like a good development to make people more conscious about their consumption. permalink fedilink source parent hideshow 2 child comments replies: [–] sorghum@sh.itjust.works 1 point 2 years ago Sounds more like an incentive to put up solar panels and battery storage. Even if it isn't enough to go off grid totally, you can at least store on cheap days. permalink fedilink source parent
[–] viking@infosec.pub 1 point 2 years ago (1 child) Oh interesting, never knew that's a thing. Sounds mostly like a good development to make people more conscious about their consumption. permalink fedilink source parent hideshow 2 child comments replies: [–] sorghum@sh.itjust.works 1 point 2 years ago Sounds more like an incentive to put up solar panels and battery storage. Even if it isn't enough to go off grid totally, you can at least store on cheap days. permalink fedilink source parent
[–] sorghum@sh.itjust.works 1 point 2 years ago Sounds more like an incentive to put up solar panels and battery storage. Even if it isn't enough to go off grid totally, you can at least store on cheap days. permalink fedilink source parent
[–] Bronzie@sh.itjust.works 2 points 2 years ago Spot is quite normal in the Nordics. Over all it's the cheapest, but some days suck obviously. This summer we had days with negative prices. My bill for July was 78 NOK (about $8). Might have been August when I think about it... permalink fedilink source parent
[–] Critical_Insight@feddit.uk [S] 1 point 2 years ago Yeah about 30% of Finns have a plan lile that. It's bit of an gamble, but on average it'll be cheaper on the long run. permalink fedilink source parent
[–] agressivelyPassive@feddit.de -1 points 2 years ago (1 child) 40c/kWh is a pretty normal price here in Germany... Ironically, prices are high, because of too much extremely cheap renewables. permalink fedilink source parent hideshow 2 child comments replies: [+] the_third@feddit.de 0 points 2 years ago* (last edited 2 years ago) (1 child) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] agressivelyPassive@feddit.de 1 point 2 years ago (1 child) Do you really think, that's what anyone pays? Because that's not how consumer contracts work. You're paying whatever you agreed upon when signing the contract. Source: https://www.stromauskunft.de/strompreise/ This was literally 10s of google. Is that so hard? permalink fedilink source parent hideshow 2 child comments replies: [+] the_third@feddit.de 0 points 2 years ago* (last edited 2 years ago) (1 child) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] agressivelyPassive@feddit.de 1 point 2 years ago (1 child) And on average, you'll pay just as much as everyone else. If prices go through the roof, you'll get screwed. See 2022. permalink fedilink source parent hideshow 2 child comments replies: [+] the_third@feddit.de 1 point 2 years ago* (last edited 2 years ago) [deleted] permalink fedilink source parent
[+] the_third@feddit.de 0 points 2 years ago* (last edited 2 years ago) (1 child) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] agressivelyPassive@feddit.de 1 point 2 years ago (1 child) Do you really think, that's what anyone pays? Because that's not how consumer contracts work. You're paying whatever you agreed upon when signing the contract. Source: https://www.stromauskunft.de/strompreise/ This was literally 10s of google. Is that so hard? permalink fedilink source parent hideshow 2 child comments replies: [+] the_third@feddit.de 0 points 2 years ago* (last edited 2 years ago) (1 child) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] agressivelyPassive@feddit.de 1 point 2 years ago (1 child) And on average, you'll pay just as much as everyone else. If prices go through the roof, you'll get screwed. See 2022. permalink fedilink source parent hideshow 2 child comments replies: [+] the_third@feddit.de 1 point 2 years ago* (last edited 2 years ago) [deleted] permalink fedilink source parent
[–] agressivelyPassive@feddit.de 1 point 2 years ago (1 child) Do you really think, that's what anyone pays? Because that's not how consumer contracts work. You're paying whatever you agreed upon when signing the contract. Source: https://www.stromauskunft.de/strompreise/ This was literally 10s of google. Is that so hard? permalink fedilink source parent hideshow 2 child comments replies: [+] the_third@feddit.de 0 points 2 years ago* (last edited 2 years ago) (1 child) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] agressivelyPassive@feddit.de 1 point 2 years ago (1 child) And on average, you'll pay just as much as everyone else. If prices go through the roof, you'll get screwed. See 2022. permalink fedilink source parent hideshow 2 child comments replies: [+] the_third@feddit.de 1 point 2 years ago* (last edited 2 years ago) [deleted] permalink fedilink source parent
[+] the_third@feddit.de 0 points 2 years ago* (last edited 2 years ago) (1 child) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] agressivelyPassive@feddit.de 1 point 2 years ago (1 child) And on average, you'll pay just as much as everyone else. If prices go through the roof, you'll get screwed. See 2022. permalink fedilink source parent hideshow 2 child comments replies: [+] the_third@feddit.de 1 point 2 years ago* (last edited 2 years ago) [deleted] permalink fedilink source parent
[–] agressivelyPassive@feddit.de 1 point 2 years ago (1 child) And on average, you'll pay just as much as everyone else. If prices go through the roof, you'll get screwed. See 2022. permalink fedilink source parent hideshow 2 child comments replies: [+] the_third@feddit.de 1 point 2 years ago* (last edited 2 years ago) [deleted] permalink fedilink source parent
[+] the_third@feddit.de 1 point 2 years ago* (last edited 2 years ago) [deleted] permalink fedilink source parent