Price Fixing
Price incl. VAT 25.5%
November
Price fixing provides stability for your electricity bill
Fix as much as you want at the right time. The remaining consumption follows the spot market.
Fix part of your price in advance – only as much as you want.
Avoid unexpected peaks in your electricity bill
Full control – you decide when and how much to lock in
What’s the benefit of fixing part of the electricity price?
Price fixing works like an insurance against electricity price fluctuations. It gives you certainty when you need it – but still allows you the freedom to benefit from low-priced times.
You don’t commit your entire consumption – you decide yourself how much you want to fix.
Many choose do price fixes because:
- High winter prices are a concern
- The price is currently good, and you want to secure it for the coming months
- Budgeting is easier when part of the bill is predictable
- Summer prices are low – by price fixing you can benefit from them later as well
- You want to smooth out your electricity bill throughout the year
Available price fixes
Price incl. VAT 25.5%
November
Price incl. VAT 25.5%
December
Price incl. VAT 25.5%
January
How price fixing works
This product works with a Spot+ contract. If you don’t yet have a Herrfors Spot+ contract, you need to sign one first – do it easily via the link below.
What is a Spot+ -contract?
A Spot contract means that the electricity price follows the market price directly. With a Spot+ contract, you can (if you wish) fix part of the price and protect yourself against price spikes.
Herrfors automatically calculates an estimate of your monthly average power consumption – that is, how much electricity is used in your home on average per hour.
What is average power?
Average power (kW) refers to the average level of your electricity consumption per hour.
Example: if your consumption in January is 1000 kWh, this is divided by the number of hours in January (744 h) → the average power is 1.3 kW.
You can choose which months to fix and how much. You can make price fixes at any time.
How much is worth fixing?
A good starting point is to fix the so-called base load – that is, the appliances that are always on.
The fixed electricity is priced at a fixed rate for the selected period. You know in advance how much you will pay for this portion, which helps you avoid surprises.
At what price can I make a price fix?
Offer prices are updated every hour. Check the current price for price fixing here.
If you consume more than you have fixed, the excess is priced as in a regular spot electricity contract – at an varying spot price. If, on the other hand, you don’t use the entire fixed amount, it is automatically sold back at the spot price.
Is it still worth scheduling my electricity consumption?
Yes! You still get the full benefit of timing your consumption to the times with low spot prices, even if you have made price fixes. (In fact, your opportunities may even expand, since you can now sell cheaply fixed electricity at a higher spot price.)
On your electricity invoice you will see the price without any price fixes, as well as the “result of the price fix” if you have made any.
Price is the difference between the month’s fixed price and the average spot price.
Amount is the fixed volume, e.g. 1000 kWh.
Why can the Spot portion be useful?
If you time your consumption to the cheap Spot times, you can save. The Spot portion provides flexibility and lower prices when the market price of electricity is favorable.
Manage your price fixes easily in the Price Fixer
Manage your price fixes conveniently from one place. You can view the available prices, make new price fixes, and track your electricity consumption as well as your savings in real time.
Price fixes protects the share you want to secure
A price fix does not bind your entire consumption, you decide how much you want to protect. Think of it as insurance against electricity price peaks.
By default, the fixes are based on your average power, meaning the amount of electricity you use on average per hour.
You don’t lose flexibility – the spot price still applies to the part that is not fixed.
Why fixing the average power:
- You get better protection against price fluctuations
- If you use more than you fixed, the excess is priced according to the spot price
- A price fix does not cover everything – you can still benefit from low spot prices
The result: A more stable electricity bill, but the potential for savings remains.
What is average power?
Average power (kW) shows how much electricity you use on average per hour.
For example, 0.9 kW means you consume about 21.6 kWh in a day (0.9 x 24 h).
You can see your own average power directly in Herrfors’ price fixing interface and choose to fix it (or part of it) just the way you want.
Frequently Asked Questions
Here you will find answers to the most frequently asked questions about price fixing.
It means you fix part of your electricity price in advance. The rest is charged at Spot rates, giving you protection from high prices but access to cheaper hours.
It’s your average hourly electricity usage over a certain period (e.g. a month).
It’s different from total energy usage (kWh), which measures overall consumption.
Yes, you can choose how much average power to fix for example, just your base load like heating and refrigeration.
No problem. Unused electricity is sold back to the market.
If the Spot price is higher than your fixed price, you receive compensation.
If it’s lower, you pay a small extra amount.
Yes! Any consumption above the fixed portion will still follow Spot pricing.
It shows current fixed prices, allows you to make new price fixes, track your usage, get alerts, and see detailed savings reports.
To protect your bill from sudden price spikes, gain predictability and control — while keeping the option to save when prices are low.
Price fixes are typically made for a defined period and cannot be cancelled retroactively. Full terms are available in the contract and our price fixing tool.
Support and guidance for price fixing
Herrfors offers customer service and guidance for making price fixes, as well as advice on managing electricity pricing.
