Flexible Fix
+ Combined Invoice with Elektrilevi Network Service
- Fixed basic price
- Final price varies according to consumption
- Manage your consumption with less risk
- Joint bill with Elektrilev
- Contract period 12 months
- Hot food, coffee, pastries in café shops permanently -15%
- 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 the market price. At the same time, the package offers the opportunity to benefit by consuming electricity during cheaper electricity exchange times, thereby reducing the final price.
The variable component can be influenced by shifting the use of larger electricity consumers to cheaper times.
For example, whether your lamps are on or off won’t affect your base price, as they account for a small portion of your total monthly consumption. On average, customers with the flexible fixed price saved 0.35 cents per kWh in June. You can conveniently monitor the market price through the Alexela app.
This package is for you if you are able to shift your consumption to periods with cheaper market prices, and if you're aware and want to follow the electricity exchange prices daily.
It is especially beneficial for private house owners or customers with higher consumption, as the potential for savings increases with larger usage.
In case of early termination of the contract 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 times. The comparison is based on the average market price during the billing period.
- The variable component can be calculated using a simple formula: 15-minute consumption × 15-minute 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.