Average electricity price falls close to zero early on Friday morning

Electric pole and street lighting (illustrative).
Electric pole and street lighting (illustrative). Source: Siim Lõvi /ERR

The price of electricity in the Nord Pool Estonia price zone will be between zero and one euro per megawatt-hour between four and six a.m. on Friday.

On Friday, the average daily price of electricity on the Estonian electricity exchange will be €57 per megawatt-hour, a decrease of more than a third from Thursday.

The cheapest time to purchase electricity is between 4 and 6 a.m., when the price on the exchange ranges from 57 to 65 cents per megawatt-hour, excluding tax.

From nine in the morning to ten at night, the price per megawatt-hour ranges between €79 and €110.

Friday prices are also low in neighboring countries, with Finland, Latvia and Lithuania averaging €17.8 and €57.4 per megawatt-hour per day, respectively.


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Editor: Kristina Kersa

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