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“The price comparison calculator is a very convenient tool that will ease the selection process, avoid confusion when choosing a provider, and try to compare the power plans offered by different providers. In the calculator, you can see the preliminary prices offered by the providers based on the amount of electricity consumed. What many find difficult can actually be accomplished in a few easy steps, ”says Renatas Pocius, President of VERT.
According to R. Pocius, the Irish and the Finns have introduced a similar price comparison calculator. “We used good practices from Ireland and Finland to create a price comparison calculator. In these countries, the liberalization process has already been completed. Regulators have actively contributed to everyone’s success in choosing a provider. We hope consumers will too. appreciate the efforts of the Lithuanian regulator. “
You can find the calculator on the website www.vert.lt. The electricity price offer calculator is also available at the following addresses: skaiciuokle.vert.lt and https://skaiciuokle.vert.lt. The calculator is available with the following web browsers: Microsoft Edge, Mozilla Firefox, Apple Safari, Google Chrome, Opera Browser.
The price comparison calculator is easy to use – you just need to know how much electricity you use per month or per year. After entering this number, the price comparison calculator will find all the offers, displaying the cheapest option at the top of the page.
The price comparison calculator provides preliminary prices for electricity plans. The consumer, who has chosen the most suitable plan for him, will be directed to the website of a specific electricity supplier, where he can choose a specific plan and conclude a contract with the supplier, choose additional benefits and discounts.
In the price comparison calculator, you can also find the most favorable price based on the time of day you consume the most electricity, compare offers based on the origin of the electricity. Electricity provider plans can be compared according to the duration of the pricing, for example, fixed from 1 to 12 months, from 13 to 24 months. or offers over 2 years.
It is also possible to compare the offers of the providers by type of plan, that is, choosing a plan for one or two time zones. True, if you don’t currently have a dual time zone meter, but want a dual time zone pricing plan, your contract may take a while for Energijos Skirstymo Operatorius AB to replace your meter.
The price comparison calculator provides detailed information on what constitutes an electricity bill. All of these details will make your decision easier.
VERT expert consultations throughout Lithuania
VERT experts throughout Lithuania advise those interested in choosing an electricity supplier, answer all questions, explain why it is important to choose an electricity supplier, how many electricity suppliers are there, where to apply to choose an electricity supplier , what to do if there are uncertainties in the next stages, what will happen if you do not choose an electricity supplier, what is a guaranteed supply. Provides information on what is important to pay attention to when entering into contracts with electricity providers, introduces a new VERT tool – a price comparison calculator.
“I am glad that professional consultations from VERT experts are very popular. Both during the summer and early fall, residents are actively interested in choosing electricity providers and asking them questions. Market liberalization of electricity progresses smoothly and efficiently. In the first stage of choosing an electricity supplier, 99% chose an electricity supplier. consumers. I hope that the already accelerated second stage of electricity market liberalization will not be less successful, ”says R. Pocius, president of VERT.
VERT experts have already visited 42 municipalities. September 23, 12-15 days. VERT experts will consult at V. Kudirka Square, Vilnius. All interested parties will be informed about the choice of electricity supplier, presented to the new VERT tool: price comparison calculator.
Learn more about what’s happening and why
The liberalization of the electricity market is taking place throughout the European Union. Lithuania started this process in 2009 and is now taking its final steps. Estonia did so in 2013 and Latvia in 2015.
A competitive electricity market is a decision by the state to systematically abandon monopoly conditions, stop regulating electricity prices and move to a competitive electricity supply market. This will guarantee a high quality of services at the best price; Previously, other branches of the market were opened in Lithuania, such as the mobile communications sector, which is now one of the most efficient in Europe. In European countries, only openly competitive companies can offer the best value for money.
The state will continue to regulate only some components of the price: for transmission, distribution and services of public interest. The purchase and supply prices of electricity will be determined by the competition and the market price.
A competitive electricity supply market will offer other useful solutions for the Lithuanian population: new services, more diverse plans (for example, sale of electricity together with others, communication services, etc.), more favorable tariffs, smart solutions, etc.
By choosing a supplier, you will buy electricity cheaper than in the case of guaranteed supply. As supply companies compete, you will get better service and will be able to choose from a variety of additional services offered to you.
When will this happen and what will need to be done?
The stages of market liberalization are determined on the basis of the Electricity Law of the Republic of Lithuania, which defines how and when the public supply to consumers will be interrupted. Consumers cannot choose and proceed to the next stage, they can remain in the public supply only until the legal deadline.
If you pay on the basis of average consumption, then the calculation of the stage into which the consumer enters is made on the basis of average electricity consumption.
What makes up the price of electricity?
The price of electricity consists of the following parts:
1.Price of electricity product: the unregulated part of VERT’s price, independent electricity providers compete by offering prices.
2. Supply price: the unregulated part of VERT, independent electricity providers compete by offering prices. This part consists of the operating costs incurred in supplying electricity to consumers.
3. Electricity transmission price: a regulated part of VERT, consists of the transmission system operator’s costs due to the transmission of electricity through high voltage electricity transmission networks.
4. Price of system services – VERT regulated part, services that ensure the stability and reliability of the operation of the energy system, the prevention and elimination of system accidents, the required energy reserve and the bandwidth in the transmission networks within the established limits of quality and reliability of electricity supply.
5. Electricity distribution price – regulated part of VERT, is made up of the costs incurred by distribution network companies in the distribution of electricity through medium and low voltage networks. The price of electricity distribution depends on the voltage from which consumers receive (consume) electricity.
6. “Price of the service of public interest (PSO)”: the regulated part of VERT for the production of electricity from renewable energy sources, the balance in the transmission and distribution network, the centralized trade and other costs of PSO , such as the connection of renewable energy power plants. , PSO and bread service administration.
You can find more information about frequently asked questions HERE.
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