How a Market Price Electricity Package Helps Save on Heating Costs

In the context of electricity consumption, savings can be divided into two main areas: reducing the amount of energy consumed and lowering the costs of energy. 

The first option seems obvious, but increased energy consumption does not always result in higher costs. A flexible tariff based on market prices allows for accounting for fluctuations in electricity prices, as hourly changes in kilowatt-hour rates are known one day in advance. This enables consumers to use more energy during low-price hours at a lower cost.

For electricity consumers, the primary criterion for savings is not so much the amount of energy consumed, but the amount paid for it.

However, savings are typically not free – there is a cost for reducing expenses. The price of saving can be expressed in decreased comfort (e.g., lowering the room temperature) or investments in improving energy efficiency (such as installing solar panels, wind turbines, or heat pumps).

There is also an alternative way of saving that does not require large investments or sacrificing comfort: redistributing electricity consumption from high-price hours to lower-price hours.

 

How to Save with a Dynamic Electricity Package?

GPO heating devices offer several opportunities for savings to those with a market-price electricity package.

Let's consider the electricity price change graph throughout the day (10.01.2025), where it can be seen that between 13:00 and 14:00, the electricity price increased by 71%.

 

 

Option 1: Reducing the Heating Intensity During Peak Hours

You can temporarily turn off the heating device or reduce its power during high-price periods. For such cases, GPO heating devices are equipped with the “Economy Mode.” In this mode, the system automatically controls the heating based on your settings. You can set a maximum electricity price, and when it is exceeded, the heating device either completely stops heating or reduces the temperature to a specified minimum.

 

Option 2: Redistributing Energy Consumption

Savings are possible without sacrificing comfort. This is achieved by pre-collecting heat during low-price periods. For example, the heating device increases the room temperature by 1-2 degrees before the high-price period starts. When the price rises, the heating turns off, and the room retains heat due to the thermal mass of the air, furniture, and walls.

Additionally, by combining the temperature increase before the price rise with a small decrease after, significant savings can be achieved. 

 

Evaluating the Saved Amount

For your convenience, we offer the option to track the saved amount. By activating “Economy Mode” for a single device, a group of devices, or the entire house, the system automatically calculates the difference between the actual electricity consumption cost and the hypothetical cost without the mode. This difference is the saved amount. This indicator can be useful not only for those with market-price packages but also for those with fixed packages. Evaluating savings can give an idea of how reasonable it is to switch to a market-based package.

 

GPO Heaters: Effective Solution for Saving

GPO heating devices offer an efficient solution for saving on electricity costs through their integration with dynamic electricity packages. By automatically adjusting heating based on market price fluctuations, users can minimize expenses without sacrificing comfort. Whether reducing power during peak hours or shifting consumption to low-price periods, GPO devices make energy savings easy to achieve. With tracking tools to measure savings, GPO ensures that users can make informed decisions and optimize their energy use for maximum cost-effectiveness.