Lumo Energia

What does a variable electricity price mean?

A variable electricity price or exchange-traded electricity is an electricity contract that follows the price level on the Nordic electricity exchange Nordpool. In the long run, a variable electricity price is statistically a cheaper alternative.

 

Daily price, market price, variable price, stock market price, spot price…

On the electricity exchange, the electricity trader buys electricity at a daily price, spot price, and then sells it on to his customers. The purchase price for electricity varies depending on supply and demand and affects the price that the electricity trader in turn charges the customer – it is thus a variable price that goes up and down and fluctuates every hour and month. However, the spot price on the Nordic electricity exchange Nord Pool is not directly the same as the electricity price to the consumer, but it can be classified as a guiding price. Nord Pool's spot price does not include e.g. taxes or transmission prices on electricity networks.

 

What is it that affects the stock market price?

The spot price is set hour by hour according to supply. If there is a large supply of energy on the market, e.g. it has been a windy or rainy autumn, the spot price will fall, but also the opposite – if the supply is weaker, the price rises easily. A customer who buys electricity at a fixed price does not notice the rising electricity prices, but also does not benefit when they fall.

 

Who is a mobile electricity contract suitable for?

An electricity contract at a market price is suitable when you live in a small apartment or have lower energy consumption. Our variable plans are continuous and have only two weeks' notice. You can also easily switch to a fixed-term electricity contract if it feels safer and more stable!

Did you know? Statistically, variable contracts are the cheapest in the long run.

Sign an electricity contract online or contact our customer service!

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for only 0,99 cnt/kWh*

*additional cost in apartments c. 1–2 €/month

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Recommend us to your friend, you will both get 10 €

As our customer, you now have a unique opportunity to give your friends a valuable discount – and enjoy the same yourself! When you recommend us to a friend, you will both receive a 10 euro refund on your electricity bills.

83.2% of our customers would probably or very likely recommend us to an acquaintance.

Once you have signed an electricity contract with Lumo Energia, you can log in to Oma Lumo and find your code to give to your friends.

Lumo Energia

Lumo Energia is an electricity company founded in 2015 in Vallila, Helsinki. Almost 70,000 Finns have already chosen us as their electricity company. 97.3% of our customers found it easy to change their electricity contract and 76.1% got direct savings by switching to Lumo Energia. Make the best electricity contract for you and become one of our satisfied customers.

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FAQ

Miksi valita pörssisähkö?

Pörssisähkösopimuksella saat sähköä aina ajankohtaiseen hintaan – et siis maksa sähköstäsi liikaa. Pörssisähköä ostaessasi voit ohjata kulutustasi ja vaikuttaa suoraan sähkölaskun suuruuteen. Pörssisähkösopimus onkin pitkällä tähtäimellä edullisempi kuin määräaikaiset sähkösopimukset.

Onko pörssisähkö edullista?

Tilastojen mukaan pörssisähkösopimus on edullisempi vaihtoehto kuin määräaikaiset sähkösopimukset. Kuluttajan tulee varautua isoihinkin heittelyihin sähkön hinnassa, mutta pitkällä tähtäimellä pörssisähkösopimuksella säästää.

Mitä pörssisähkö tarkoittaa?

Pörssisähkö on pohjoismaisesta sähköpörssi Nord Poolista hankittavaa markkinahintaista sähköä. Kuluttaja maksaa pörssisähköstä yleensä joko tunneittain vaihtuvan spot-hinnan tai kuukauden keskihinnan mukaan. Nord Poolissa ilmoitettuun Suomen hinta-alueen spot-hintaan lisätään arvonlisävero ja myyjän marginaali.