Final guaranteed supply
It is the supply of electricity to a user that has not concluded an electricity purchase contract. In such situations, the final guaranteed supply ensures the continuity of electricity supply.
Users who have not yet chosen or do not wish to choose an electricity seller or balancer will receive electricity within the framework of the final guaranteed supply. The price is determined by the average price in the electricity exchange to which a surcharge determined by the final guaranteed supplier is added.
If you have not concluded an electricity purchase contract and have not made an agreement with any of the traders by the 15th day of the month, then, from the first day of the following month, your electricity will be supplied within the framework of the final guaranteed supply at the price which equals the sum of the average Nord Pool price for the Latvian price area in that month and the surcharge of Latvenergo which will be defined and published each month.
The final guaranteed supply surcharge for:
- October, 2018: 0.01724 EUR/kWh for all time zones;
- November, 2018: 0.01600 EUR/kWh for all time zones;
- December, 2018: 0.01628 EUR/kWh for all time zones.
Full price of final guaranteed supply, which includes the average Nord Pool price for the Latvian price area and the surcharge of Latvenergo will be published at the beginning of current month.