Many people here in Finland use market-price electricity, meaning the electricity price changes every hour. This is because when Finland sent weapons to Ukraine so that they could fight off Russians, Russia cut off the gas from Finland. This made electricity prices fluctuate wildly, which made fixed-rate electricity contracts expensive, and now people with the popular market-price electricity keep an eye on what the electricity costs on an hourly basis.
Due to an error by an energy company, however, today from 3 pm until midnight, the electricity price was set to -50 cents/kWh. That means that this evening, people will actually get deducted 30 cents per hour from their electricity bill while gaming with a PC, or 3€ for heating up the sauna for an hour.
Link [https://bnn.network/finance-nav/business/bidding-error-triggers-negative-power-prices-in-finland/](https://bnn.network/finance-nav/business/bidding-error-triggers-negative-power-prices-in-finland/)
Edit: The national energy company Fingrid is now asking that people wouldn’t “overreact to the situation”.
by Kescay
1 comment
Market rate only varies in 9 hour increments?