According to websites that guide you about what kind of power supply you should go for like dinstrom, you should go for spot price because it is always beneficial in the long run. Before making your decisions, you should always know about the pricing systems although the pattern of fees differs between the companies.
The different types of pricing systems and its implications are explained in details as follows:
• Variable power price: This kind of agreement is mostly common in Norway. The customers and the Competition authorities are to be informed before any charges regarding the prices are made, at least before 14 days. This kind of arrangement will not give you reduced power supplies during the winter months.
• Spot price: This price is the purchase price of the power by the companies. You need to pay in case of any kind of irregularities in the power supply. In this case, you are supposed to pay on a monthly basis, in KWh basis or even at times both the process is applicable. You also need to pay statutory expenses in some cases. However, it has been found out that this system of pricing is the cheapest of all.
• Fixed price agreement: In this case, you previously decide the amount you are going to pay and make payments throughout the concerned period of time. This kind of payment is the most expensive amongst all.
All the above price agreements are available at dinstrom.no.
What can be done to save power?
According to the report, the price of electricity is rising day by day in Norway, and people are substituting cheap power suppliers like strompriser for the expensive ones. People are using hydroelectric powers to keep their houses warm in Norway. You can burn wood and use a wood stove for cooking purposes and can save up to 4000 kWh of energy by burning a ton of wood. You can always go for heat pumps as a source of power; they are of immense help.
Therefore, the above tricks and tips help you save power.