Question 1

Should I choose fixed or stock price electricity?

Accepted Answer

In most Baltic markets, stock (spot) price contracts are cheaper over time — especially if you can shift some consumption to cheap hours. Fixed price contracts offer predictability but typically include a risk premium that makes them 10-20% more expensive on average.

Question 2

What is Elewatt optimization?

Accepted Answer

With a stock price contract, Elewatt automatically schedules your shiftable devices (water heater, EV charger, heat pump) to run during the cheapest hours. This reduces your average electricity cost by concentrating usage when spot prices are lowest.

Question 3

How much more can I save with Elewatt vs plain stock price?

Accepted Answer

Depending on how much of your consumption is shiftable, Elewatt can save an additional 15-30% compared to unoptimized stock price. The biggest savings come from high-power devices that run for several hours daily, like water heaters and EV chargers.

Question 4

Is there any risk with stock price contracts?

Accepted Answer

Stock prices can spike during extreme cold or supply shortages. However, these spikes are rare and short-lived. Over a full year, stock price almost always beats fixed price. Elewatt further reduces risk by automatically avoiding the most expensive hours.

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