this post was submitted on 11 Aug 2024
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Mildly Interesting

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It's still not earning you money to spend electricity because you still have to pay the transfer fee which is around 6 cents / kWh but it's pretty damn cheap nevertheless, mostly because of the excess in wind energy.

Last winter because of a mistake it dropped down to negative 50 cents / kWh for few hours, averaging negative 20 cents for the entire day. People were literally earning money by spending electricity. Some were running electric heaters outside in the middle of the winter.

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[–] [email protected] 7 points 2 months ago (1 children)

Does it ever make you want to turn on every appliance in the house just for the hell of it? Lol

[–] [email protected] 8 points 2 months ago* (last edited 2 months ago) (2 children)

No, since we pay a flat transfer rate on top of that, about 2-6 cents per kWh depending on the area.

Of course, that doesn't stop idiots from turning on all their stoves during these times anyway.

[–] [email protected] 3 points 2 months ago (1 children)

That's still pretty cheap though

[–] [email protected] 4 points 2 months ago

Yeah in summer the electricity here can be very cheap in summer but in winter it can go to 0.20-1€/kw/h

[–] [email protected] 2 points 2 months ago

Interesting. In the UK we have a fixed standing charge per day (about 45p), so when the price goes negative it is in your interest to use as much as you can. The most negative I've seen is -10p/kWh, but most of the time it's fractions of a penny.