How much does an uninterruptible power supply cost in Estonia

How much does electricity cost in Estonia?

The average price of electricity since 2007 reached its maximum, €0.265kWh, in December of 2022 and its minimum price, €0.0786 kWh, in December of 2007. The difference between the price of electricity with and without taxes is € 0.0531 tax for each kilowatt hour, thus, 23.09% of what households pay for electricity in Estonia.

Is the electricity market open in Estonia?

The electricity market in Estonia has been fully open to all market participants since the beginning of 2013, and consumers can choose a suitable seller and price package for themselves.

Why do Estonians have electricity plans?

Most Estonians have electricity plans linked to the current spot price, enabling them to respond to hourly price fluctuations and manage their consumption more efficiently. Estonia is an active participant in the European Union's electricity market. This integration is pivotal for the country's energy policy and market dynamics.

Is Estonia part of Nord Pool's open electricity market?

Estonia is part of Nord Pool's open electricity market together with Norway, Sweden, Finland, Denmark, Latvia and Lithuania (see map). In the open electricity market (power exchange), the price of electricity is formed as a result of supply and demand. There is at least one price area in each country, in a larger country there may be several.