Fixed price or dynamic (hourly) electricity contract in Denmark: which is right for me?
A fixed price stays the same for an agreed period. A dynamic price follows the wholesale market hour by hour, so it can be cheaper when you shift your use, and more expensive at peak times.
📜 The rules in Denmark
Fixed and dynamic contracts
Electricity suppliers with more than 200,000 customers must offer households a variable-price (dynamic) contract that follows spot-market prices, and a fixed-price contract running for at least 1 year (executive order no. 1810 of 2025).
- On a fixed-price contract the supplier may not change the terms or price for at least 1 year without your consent. Only pass-through taxes, levies and grid charges may change your bill. (retsinformation.dk)
- Your supplier needs your consent to move you to a variable-price (dynamic) contract. (retsinformation.dk)
- If no supplier in a grid area offers these contracts to customers using under 100,000 kWh a year, Forsyningstilsynet must order the largest supplier in that area to offer them. (retsinformation.dk)
🪜 Step by step
- Look at how you use energyA dynamic price suits people who can move use to cheap hours, for example with an electric car, a heat pump or a timer. It needs a smart meter.
- Check what is on offerSee below what the rules in Denmark say about fixed-price and dynamic contracts and who has to offer them.
- Read the risks and the termsBefore you sign, the supplier must explain the costs and risks of a dynamic contract. Check the notice period and any exit fee.
- Review after a few monthsCompare your bills with what a fixed price would have cost. You can switch again under your contract terms.
📇 Who to contact
❓ Questions
Is a dynamic contract cheaper?
Only if you use a lot of power when prices are low. At peak times it can cost much more than a fixed price.
Do I need a smart meter?
Yes. Hourly prices need a meter that records your use per hour or per quarter hour.
Can a fixed price still go up?
Normally not during the fixed period, but taxes and network charges can change. The rules for Denmark are on this page.
📎 Sources
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