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Unformatted text preview: rease in household prices for many in the beginning of
2003. A normalised reservoir situation resulted in declining prices later that
year. Also in the last half of 2006, lower inflow led to higher prices in both
the spot market and the end-user market. However, above-normal
precipitation in the period from November to January resulted in falling
prices in first quarter of 2007.
All end-users are free to choose electricity suppliers and contract
types. The most common contracts for households have prices that vary
according to market conditions. In 2006, 57.8% of households had
contracts with variable prices, which meant that the power suppliers could
change the price according to market conditions, given that they announce
this two weeks in advance. 25.4% of households had Elspot-based
contracts, for example a contract that charges the Elspot price plus a fixed
mark-up. The remaining household customers had various types of fixedprice contracts. A fixed price, for example over one year, means that the
power supplier cannot alter t...
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This document was uploaded on 03/30/2014.
- Summer '14