70 000 Electricity Contracts Added Since Start of Year

The number of consumption points with valid electricity contracts has jumped to 538 000, or 76 percent of the total, by the end of September, according to statistics from the Data Warehouse. Around 70 000 new electricity contracts have been signed since the beginning of the year.

Out of all valid electricity contracts, 78% have a limited term, and the other 22% have an unlimited term. The number of consumption points for which no electricity contract has been submitted to the Data Warehouse was around 169 000 as of the end of last month.

According to contract data submitted to the Data Warehouse by sellers, customers with a contract consumed 88 percent of all electricity in Estonia in September, while customers without a contract consumed the other 12 percent.

The number of customers who decided to switch electricity sellers and whose new contract came into effect as of the start of October was 2144. Statistics for recent months shows increased activity in switching electricity sellers.

According to Taavi Veskimägi, Chairman of the Board of Elering, work has been started on creating the ability to pass on information from network operators to sellers via the Data Warehouse, in order to ensure continued support of the functioning of the electricity market and equal trade conditions for all electricity sellers. This application will give all sellers the ability to present a single bill for network services and the electricity itself to their customers. The technological work is ongoing, and the legal basis for presenting a single bill already exists in law, but it requires clarification, in order to ensure its equal application to all electricity sellers and network operators.

The market shares of balance handlers, which include both the network losses of network operators and the amounts of electricity consumed as a general service, are provided in the table below. The shares of the balance handlers’ portfolios in the system consumption are calculated from the total consumption amounts metered within the balance handler’s balance area. Balance handler market shares do not coincide with the balance handlers’ own shares of electricity sales to end consumers, as the balance portfolio also includes the electricity amounts of other sellers belonging to the portfolio. The table only shows the major electricity sellers and their shares of the total market.