Fixed electricity price and tariffs
What is a fixed price?
For customers looking to plan their spending and save money, Enefit offers fixed electricity price plan “Fixed”, which provide stability in a constantly fluctuating electricity market.
The fixed price protects you from changes in electricity market prices and ensures a stable electricity supply price for the selected period. It can help you plan your personal finances.
Once the price is fixed in a contract, it remains stable for the life of the contract - the price only changes if the government-regulated part of the price or other taxes such as VAT change.
At the end of the contract period you have chosen, we will provide you with an updated price offer. The new offer may be different from the previous one, as the price is set each time according to the actual market situation and the futures.
Why choose Enefit's fixed price plan?
Stable price
Regardless of fluctuations in the electricity market, the price remains the same until the end of the contract. This allows you to conveniently plan your costs.
Renewable energy from the Baltic region
Your electricity consumption is backed by Guarantees of Origin for renewable electricity generated in the Baltic region.
Support the growth of renewable energy
By choosing electricity from renewable sources, you support demand for renewable energy.
Electricity from renewable sources for your home
By choosing Enefit as your independent electricity supplier, you will receive electricity from renewable energy sources. The amount of electricity you consume is backed by Guarantees of Origin. No additional fee applies.
Different plans tailored to your needs
When choosing which time to fix the price, you can also choose between two different time zone plans: one time zone and two time zones.
If you choose a single time zone tariff, the price will remain the same at any time of the day or week. Meanwhile, a dual time zone tariff means that the price varies between days, nights and weekends. It is important to note that the price of electricity is always lower at night and at weekends.
So - if you spend little time at home on weekdays and use more electricity at nights and weekends, we recommend you choose a dual time zone tariff. You can also plan your electricity consumption with this plan to save money, for example by only connecting your dishwasher or washing machine at night or on weekends. Conversely, if your daily electricity consumption is roughly even, it is worth choosing a single time zone tariff.
What is the price of electricity?
The final electricity price is made up of two main components - the price of the supply and purchase of electricity by the independent electricity supplier, and the price of the state-regulated part (the price of ESO's transmission service, the VIAP, and the additional component for distribution services).
Enefit's electricity supply price, under the chosen plan, is the price of the electricity purchase and supply service, which is fixed for the entire contract period.
The price of the additional electricity components is regulated by the State. These prices are subject to change in January and July:
- The price of ESO's electricity transmission service is based on the selected tariff plan ("Standartinis", "Namai", "Namai plius"). The price of the transmission service includes the transmission and system services provided by Litgrid and the distribution service.
- The price of the service of public interest (VIAP) is aimed at the implementation of the strategic objectives of the State's energy, economic and/or environmental policy in the energy sector and the renewable energy sector.
- The additional component of the price for transmission/distribution services is intended to compensate for the difference between the public supplier's actual and forecast reasonable costs.
Why choose an independent supplier?
- If you don't choose an independent supplier, you will be covered by a guaranteed supply service, during which you will be supplied with electricity by ESO. If you do not sign a contract with an independent supplier within 6 months of the start of the guarantee period, ESO will have the right to terminate the guarantee period.
- The price of the guaranteed supply will be recalculated monthly, based on the average Nord pool Lithuanian price zone electricity exchange price for the previous month, with a coefficient of 1.15, making it 15% more expensive than the average exchange price.
- In addition, you will have to pay ESO for electricity transmission under the existing ESO plan, the price of the service of public interest (VIAP) and the distribution services component.
- The price of the public electricity supply is fully regulated by the State. Meanwhile, the presence of several independent suppliers makes the price more competitive, ensuring that the consumer receives better conditions and a wider range of offers.
