Market price
For those who want the best offer according to market trends
Duration of the contract
open-ended
The price depends on the market situation and changes every hour
Reliable electricity supplier
- One of the largest energy groups in the Baltics
- Long-standing experience, reliability and transparency
- Green energy solutions
WE ARE RELIED ON BY
over 20 000
of business customers in Baltic
LEADING IN LATVIA
~35 %
B2B market share
ACCUMULATED
25+ years
experience in natural gas market
Ignitis solutions for business
Every business customer is important to us, regardless of their industry, size or location, therefore, we are flexible when offering the selection of prices and conditions.
open-ended
Fixed price
Convenient planning. This offer will appeal to those who want to plan costs and know how much they will have to pay for electricity in the future.
Duration of the contract
Short-term, long-term term of operation
The fee is calculated in accordance with the fixed price specified in the contract and does not depend on fluctuations in the market price.
Fixed price with flexible contract term
Convenient planning. This offer will appeal to those who want to plan payouts, but still want to maintain independence and freedom of action.
Duration of the contract
Fixed price
The fee is calculated according to the fixed price specified in the contract and does not depend on fluctuations in the market price, however, the price may change during the contract.
IGNITIS – reliable partner of electricity supply
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Individual attention to each customer
We evaluate the needs of each customer and offer the solution that suits his or her business the best. We strive to reply to all questions efficiently, therefore, we have a separate B2B customer service phone line. -
Consultations on energy questions
Do you want to receive a lower bill for electricity? Our energy experts will provide a consultation on energy cost reduction issues as well as solution that suits your business specifically. -
Updated self-service system for business
Monitor price changes, consumption, bills, contracts and other important information in one place! Each month we provide tips and electricity market overview for our business customers.
WHO IS ELIGIBLE? HOW MUCH? WHEN?
Electricity price compensation
Who is eligible for compensation, how is it calculated, how long will it last? Extensive answers to all important questions.
MORE INFORMATION
What should I know about electricity supply for business?
How can I change the Merchant?
If you currently purchase electricity from another Merchant, but want to conclude an agreement with SIA "Ignitis Latvija", please fill in the application on our website, send an application for conclusion of an agreement to us at e-mail [email protected], or call +371 20005095. After conclusion of the agreement, on the 15th of the month we will notify JSC "Sadales tīkls" about the change of the Merchant; you do not have to do anything by yourself.
If you will conclude the agreement until the 15th of the month, the agreement will come into force as of the 1st of the following month. However, if you conclude the agreement from the 16th, the agreement will enter into force on the 1st of the month after the following month.
What is JSC “Sadales tīkls“?
JSC "Sadales tīkls" is an electricity distribution system operator that ensures the supply of electricity from the transmission system to customers.
How is the price of electricity formed?
The total price of electricity consists of four items:
- The price of electricity depends on the type of selected tariff - for what price electricity is purchased from a merchant;
- JSC "Sadales tīkls" set fee for transmission and distribution services;
- The Mandatory Procurement Component (OIK), determined and regulated by the state;
- Value added tax (VAT) in the amount of 21%, determined and regulated by the state.
Fixed price
This offer will be attractive to those who want to plan costs and know how much they will have to pay for electricity in the future. The fee is calculated according to the fixed rate specified in the agreement and does not depend on fluctuations in the market price.
Market price
This plan will be attractive to customers who are willing to take risks and obtain the best possible price for electricity in the relevant market conditions. In this case, the price of electricity consists of two components: a variable part, which depends on the price of electricity on the Nord Pool exchange, and a small fixed component - the supplier’s profit.
Fixed price in the Finnish region
The fixed price in the Finnish region is 85% fixed and 15% variable. The final price is calculated based on two factors - the fixed rate specified in the agreement and the transmission fee from Finland to Latvia. The transmission fee is determined by the difference between the price of the Finnish electricity exchange and the price of the Latvian electricity exchange. Over the last 4 years, this transmission fee averages 0.00314 cents per kWh per month.
When should meter readings be reported?
The readings of electricity meters should be submitted every month, starting from the 27th of the month until the 3rd of the following month. If the Smart Meter is installed, the data shall be read automatically.
Where can meter readings be submitted?
Electricity meter readings can be submitted by logging in to your company profile on the customer portal of JSC "Sadales tīkls", www.e-st.lv.
If an incorrect meter reading is submitted, how can it be corrected?
The processing of meter readings is provided by the distribution system operator JSC "GASO". The meter readings can be corrected by logging in to your company profile on the Sadales tīkls customer portal, www.e-st.lv, by contacting JSC "Sadales tīkls" via phone at +371 67726000, or by writing to the e-mail [email protected].
Can’t decide? Need advice?
Explanations
* Pursuant to National Energy Regulatory Council’s 2021 data.