Fixed and dynamic electrical connection – how they differ

According to the International Energy Agency, electricity generation is currently the largest source of carbon dioxide (CO2) emissions in the world, but the sector is also leading the transition to net-zero emissions thanks to the rapid adoption of renewable energy sources (such as solar and wind). for development. One of the main challenges of the energy transition is to provide consumers with safe and affordable access to electricity while reducing global carbon dioxide emissions.

Electricity prices is one of the most debated issues in the lives of many consumers, as it significantly affects everyone – not only the daily routine, but also large purchases, future plans and opportunities, such as buying a car, building or repairing a house.

Electricity traders offer electricity for different uses. The more diverse the offer, the wider range of customers it is possible to attract, for example.Viršu electricity set Electricity prices are very variable, so there are two products – fixed and dynamic electricity connection – which are the most common in the range of almost every electricity service provider.

In the case of a fixed electricity tariff, electricity prices are constant for the duration of the specific contract (they differ from company to company depending on the offer). Heath electricity in this tariff is available for a period of 24 months. Customers have significant financial savings, allowing them to receive electricity at the lowest possible price. When concluding the contract, the trader also offers discounts for other Viršu services – fuel and goods in the store. There are merchants on the market who offer to conclude a fixed rate contract for up to four years.

The fixed price tariff type is suitable for people who value stability, predictability and the ability to plan their electricity expenses, thus creating security and peace of mind in daily financial regulation. Electricity prices change hourly depending on the market situation, but in the case of this contract customers are not affected. When terminating the contract ahead of time, in the case of all specific service providers, you should expect an early termination fee.

The dynamic electricity tariff ensures a variable electricity price, which varies depending on the global market situation; The price of electricity changes every hour according to its changes in the electricity exchange NordPool, which is affected by changes in production and consumption. This type of tariff incentivizes consumers to adjust their energy consumption, such as laundry or dishwashing, to lower electricity prices. These tariffs apply different tariffs at different times of the day and year, reflecting the real-time changing costs of electricity supply in response to market conditions. The aim is to encourage consumers to shift their daily electricity workload away from peak hours by offering a better price during alternative off-peak hours.

The dynamic Viršu electricity product is relevant for everyone, as it allows you to take responsibility for budget planning yourself. The trader offers a price depending on the market, allowing customers to plan for the highest electricity consumption when prices are lower on the exchange and to reduce when they are higher. In this product, Virši offers free contract options – customers can terminate and change it at any time depending on their needs.

According to data from Virši’s website, the same trend can be observed in all months of the year – prices on weekdays are lower than on holidays, when electricity is used more in households. On weekdays, the highest price is in the first half of the day and in the evening, when most people end their working day and start their daily routine at home, as well as in the first half of the day, between nine and eleven.

The above experts recommend how to effectively use the dynamic service:

1. Use a timer. Today, almost every large household appliance has a timer that allows you to delay the operation of the device until the moment when the electricity tariff is the lowest.

2. Much of this equipment can be controlled remotely with the help of an app, allowing the operation process to begin when the exchange offers the best price.

3. When buying new household appliances, it is always worth choosing devices with a high energy efficiency class. It is a long-term investment.

Electric car charging is also subject to a dynamic service mode, which means that drivers can always follow the current price and choose to charge when the price is the most friendly. Not only will it be more financially beneficial, but there is usually less demand for the service at this time, which means that energy charging points are free.