Electricity prices - Estonia
Period | €/kWh |
---|---|
00:00 - 01:00 | 0.0672 |
01:00 - 02:00 | 0.1013 |
02:00 - 03:00 | 0.0964 |
03:00 - 04:00 | 0.0981 |
04:00 - 05:00 | 0.0982 |
05:00 - 06:00 | 0.0989 |
06:00 - 07:00 | 0.1046 |
07:00 - 08:00 | 0.1051 |
08:00 - 09:00 | 0.0478 |
09:00 - 10:00 | 0.0424 |
10:00 - 11:00 | 0.0092 |
11:00 - 12:00 | 0.0062 |
12:00 - 13:00 | 0.0040 |
13:00 - 14:00 | 0.0036 |
14:00 - 15:00 | 0.0037 |
15:00 - 16:00 | 0.0040 |
16:00 - 17:00 | 0.0064 |
17:00 - 18:00 | 0.0221 |
18:00 - 19:00 | 0.0694 |
19:00 - 20:00 | 0.1071 |
20:00 - 21:00 | 0.1340 |
21:00 - 22:00 | 0.1433 |
22:00 - 23:00 | 0.1349 |
23:00 - 00:00 | 0.1218 |
Estonia’s Energy Market Overview
Estonia is undergoing a quiet revolution in its energy sector. Once reliant on oil shale, the country is rapidly moving toward a cleaner, smarter electricity system. Here's a breakdown of where Estonia stands today – and where it's headed – between 2023 and 2025.
⚡ The Shift: From Oil Shale to Renewables
Just a few years ago, over half of Estonia’s electricity came from oil shale – a carbon-heavy local resource. But in 2023, that number dropped dramatically to about one-third, with renewables stepping up to match and even exceed it.
🔹 Wind and solar power have grown rapidly.
🔹 Biomass (mostly wood waste) remains a stable, dispatchable renewable source.
🔹 Imports from the Nordic grid help bridge supply gaps.
By 2025, Estonia is expected to rely more on wind and solar, especially with large new wind projects coming online. The long-term goal? 100% renewable electricity by 2030.
🌞 Estonia’s Renewable Power Boom
Estonia has made major strides toward clean energy:
- Wind: Onshore capacity more than doubled by 2024, and offshore wind is coming in the next few years.
- Solar: Over 1.3 GW of solar is now online – a stunning rise for a northern country.
- Biomass: Still the largest contributor among renewables, especially for heating.
These changes are helping Estonia cut carbon emissions and meet its EU climate goals – while also offering more stable, local energy.
💸 How Electricity Prices Are Formed
Your electricity bill in Estonia breaks down into three parts:
- Energy cost: This depends on the hourly Nord Pool market price.
- Network fees: Fixed charges for getting power to your home, regulated and steady.
- Taxes & levies: VAT, renewable energy fee, and a small excise tax (gradually returning in 2024–2025 after crisis-era reductions).
Estonia also introduced a “universal service” fixed rate in 2022 to shield households from extreme prices. That option is available until 2026 but is being used less now that market prices are dropping.
⏱️ Dynamic Tariffs: Smart Pricing for Smart Consumers
Estonians have access to dynamic (hourly) pricing plans that reflect real-time market conditions. These “börsipaketid” can be a money-saver if you’re willing to adjust when you use electricity.
Why choose a dynamic tariff?
- Pay less by using power when it’s cheapest (like sunny afternoons or windy nights).
- Use smart meters and apps to track hourly prices.
- Especially useful for EV charging, heating, or running appliances off-peak.
Nearly one in three households may now be using these flexible contracts – and the trend is growing.
🔌 Top Electricity Providers with Dynamic Pricing
Here are the key players offering hourly spot-price plans:
- Eesti Energia (Enefit): State-owned giant. Offers “börsipakett” and hybrid options like seasonal pricing.
- Elektrum Eesti: Strong on tech tools and customer service. Dynamic pricing + green energy options.
- Alexela: Private Estonian energy company. Promotes flexibility and pairs well with home solar/batteries.
- Eesti Gaas (Elenger): Traditionally a gas provider, now offering simple spot-price electricity too.
- 220 Energia & others: Independent players with competitive margins and no-frills contracts.
Each lets you track hourly prices, use apps to plan your usage, and even automate your home to save.
🔋 The Future Is Flexible and Green
Estonia is on a bold path: ditching oil shale, scaling renewables, and empowering consumers to take control of their energy bills. By 2025, most of Estonia’s electricity will come from clean sources, and smart pricing models will be the norm.
Whether you’re a household, a business, or just energy-curious – now’s a great time to rethink how and when you use electricity.