Electricity market
An open electricity market creates the best conditions for customers
Estonia operates in the Nord Pool electricity market
NB! Daily price fluctuations on the power exchange only affect those consumers with an electricity package based on exchange prices. In the case of a fixed price electricity contract, the price has been agreed for the contract period and will not change.
Exchange price of electricity
The exchange price of electricity changes every hour as a result of supply and demand


Exchange price formation
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How to save on electricity costs
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Exchange price of electricity
The exchange price of electricity is volatile, depending, for example, on
maintenance and emergency work on power plants or submarine cables,
transnational transmission
capacities, the general economic climate and weather.
AVERAGE EXCHANGE PRICES
Price |
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Prices cent/kWh
Sales marginal is added
to prices
Hourly exchange prices
If you have a remote reading meter installed at your consumption point, the point of consumption has been switched to remote reading, and you have selected the hourly rate Exchange or Combined package, your electricity bill will depend on how much electricity you consume per hour and the exchange price for that hour. Hourly wholesale market prices are published on the Nordic Power Exchange, i.e., on the website of Nord Pool. You can also check the hourly rates for the next day with Eesti Energia's mobile app.
Important! The common Nordic electricity market, Nord Pool, operates in the Central European Time Zone (CET), which is one hour behind the local Estonian time. In order to calculate the electricity bill correctly, Nord Pool Spot's hourly prices must be shifted one hour in advance to reflect the electricity consumption in the Estonian time zone.
On the wholesale market, very large quantities of electricity are traded on, thus, prices are expressed in megawatt hours (1 MWh = 1000 kWH). For example, if the wholesale price of electricity is EUR 43 per megawatt-hour, that would be 4.3 cents per kilowatt-hour in kilowatts. It is worth remembering that the wholesale price of electricity does not include VAT and does not take into account the customer's electricity consumption.
Effect of exchange prices on the invoice
General service and balancing energy
General service or balancing energy is used by those electricity consumers who
have not contracted with any electricity trader.
In that case, the electricity is sold by the network
operator or its authorised electricity trader.
PRICES FOR THE GENERAL SERVICE
From 1.10.2022, the pricing principles of the general service for domestic consumers changed. This means that if until now the base price of the general service was based on the average stock exchange price, now the base price is based on the producer price.
All other general service customers are billed based on the daily price.
Price per night | Price per day | Nightly rate |
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Prices cent/kWh
Here you can find a list of electricity sellers operating in Elektrilevi's service area.
Electricity sellers operating in the service area of Elektrilevi
Electricity seller |
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220 Energia OÜ |
Alexela Energia Teenused AS |
AS Eesti Gaas |
AS Esro |
EESTI ENERGIA AS |
Elektrum Eesti OÜ |
ELVESO AS |
Ignitis Eesti OÜ |
NORDIC POWER MANAGEMENT OÜ |
Scener OÜ |
Silpower AS |
VKG Elektrivõrgud OÜ |
ALEXELA |
INTER RAO Eesti OÜ |
VKG Energia OÜ |
AS Tallinna Sadam |
Imlitex Eesti OÜ |
Olerex AS |
Axpo Nordic AS |
Electric Terminal OÜ |
Related topics
Electricity packages
Choose the right electricity package
Gas packages
Choose the best package for you
Electricity packages for businesses
Powering your business
Prices for the universal service
Price per night | Price per day | Nightly rate |
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Prices cent/kWh