Ordlista för energitermer

Glossary

The energy industry is full of terms and concepts. Here we explain the most common ones.

kWh
Kilowatt-hour – unit for measuring energy consumption. One kWh corresponds to the energy consumed by a 1,000-watt appliance in one hour.
Spot price
The current market price of electricity determined hour by hour on the Nord Pool exchange.
Grid fee
The fee you pay to your local grid company for transporting electricity from the power plant to your property.
Electricity certificate
A market-based support system to promote the expansion of renewable electricity production in Sweden.
Demand tariff
A fee model where you pay based on your peak power consumption (kW) during a certain period, not just total consumption.
Price hedging
Locking a fixed electricity price for a future period through financial contracts, to reduce risk from price fluctuations.
Bidding zone
Sweden is divided into four bidding zones (SE1–SE4). The electricity price can vary between zones depending on supply and demand.
Energy tax
A government tax levied on electricity consumption. The tax varies depending on type of business and region.
Power of attorney
A legal document that gives Savera the right to act on your company's behalf towards electricity suppliers and grid companies.
Mark-up
The surcharge that an electricity supplier adds on top of the spot price for variable electricity contracts. Usually stated in öre/kWh.
Anläggnings-ID
A unique identification number for each electrical connection. Needed to identify your installation when switching electricity suppliers.
Nord Pool
The Nordic electricity exchange where electricity is traded between producers and suppliers. The spot price is set here daily.