Overview
- From June 6, electricity providers must complete switching requests within 24 hours on weekdays, and retroactive contract changes will no longer be permitted.
- Since January, all suppliers are required to offer dynamic tariffs tied to wholesale market prices, enabling consumers to save by shifting usage to periods of abundant wind and solar power.
- Installing smart meters is essential for tracking and adapting consumption under variable pricing, but slow rollout is limiting households’ optimization opportunities.
- Analysts estimate consumers can save up to €340 per year by adopting cheaper dynamic plans and roughly €220 more if the proposed electricity tax cut from 2.05 to 0.1 cents per kWh is approved.
- With households able to shift up to 15.6 TWh of demand to off-peak hours, consumers are urged to safeguard their MaLo-ID and explore flexible usage to maximize savings and grid benefits.