Clean energy from the bowels of the earth
Price Formula
- Fixed merchant markup + Gaspool Stock Price
- Gaspool price changes every month
- Save by adjusting consumption according to the following prices
- There is no early termination fee
- Low stock price – lower payment, high stock price – higher payment
Fixed Price
- Fixed price for the duration of the contract
- Price can be fixed for 1-3 years
- Protects against market price volatility
- Easily plan costs in the long term
Gaspool price, EUR/MWh
Gaspool– next month Average arithmetic day closing price (settlement price) of Gaspool forward financial instruments in a given month, EUR / MWh
Advantages
Gas for heating
- High calorific value and environmentally friendly.
- Most affordable source of energy in initial investment and running costs.
- Modern gas boilers are fully automated and built to be safe and efficient.
- No harmful combustion residues only carbon dioxide and water vapour.
- Transportation through pipelines not trucks helps reduce air pollution.
Gas for industry
- Can be used in different industrial processes e.g in glass and building materials industry.
- Calorific value is around 10.5 kWh/m3, while its maximum combustion temperature is over 2100 ° C.
- enables flexible consumption.
- Off-grid options – if pipeline is not available LNG tank with regasification unit can be built.
- enables the automation of combustion processes it achieves the desired combustion temperatures quickly and reliably.
Gas in transport
- LNG for sea transport and international road haulage.
- CNG for land transport and liquefied natural gas (LNG) showing great potential for both sea transport and international road haulage.
- EU goals – CNG filling stations at least every 150 km and LNG stations at least every 400 km by 2025.
How to conclude a gas sales agreement?
New customer with network agreement:
- Choose new supplier by the 15th of the month.
- Elenger will inform the distribution system operator of the new choice.
- Old agreement will be terminated by the end of month.
- New agreement will be activated on the 1st of the month.
New customer without gas network agreement:
- Choose supplier.
- Activation of agreement Same day as network agreement.
- Elenger will inform distribution system.
To avoid unnecessary misunderstandings and unexpected changes in ownership / use rights, please note the following:
1. The former owner / user and the new owner / user of the real estate (gas) shall record the actual reading of the gas meter;
2. At the time of transfer – acceptance of the real estate, both parties must complete and sign the Commercial Accounting Record Fixation Act.
3. The former owner / user shall submit a read-out statement to his Merchant for termination of the gas trade agreement and receipt of payment for the services;
4. The new owner / user must enter into a gas sales contract with the Trader of his choice with a readout deed.
What changes when you choose a new supplier?
What is included in natural gas invoice?
Benefits of natural gas
- high calorific value and low carbon content
- environmental friendly
- low emissions and no air pollution
- no fine particles such as soot or smoke
-
- does not cause transport loads on cars or railways
Guaranteed Supply
As of 1 April 2018 “Elenger” SIA has been the provider of the Final Guaranteed Supply service for non-household customers in Latvia.
Pursuant to Cabinet Regulation No. 78 “Rules of Usage and Trade of Natural Gas”, the final guaranteed supply shall be ensured in the following cases:
- If the user of natural gas has concluded a natural gas trade agreement with neither trader.
- If the current trader of the user of natural gas has terminated trade in natural gas.
- As well as in other cases provided by Cabinet Regulation No. 78 „Rules of Usage and Trade of Natural Gas
In these cases upon receiving natural gas it is sold for the price that is determined on the basis of price alterations in “Gaspool” natural gas exchange and by adding trader’s surcharge.
Natural gas price of the final guaranteed supply:
| Year | Month | EUR/kWh |
|---|---|---|
| 2020 | April | 0,02848 |
| 2020 | March | 0,02938 |
| 2020 | February | 0,03139 |
| 2020 | January | 0,03458 |
| 2019 | December | 0,03565 |
| 2019 | November | 0,03509 |
| 2019 | Oktober | 0,03245 |
| 2019 | September | 0,03074 |
| 2019 | August | 0,03059 |
| 2019 | July | 0,03076 |
| 2019 | June | 0,03350 |
| 2019 | May | 0,03507 |
| 2019 | April | 0,03589 |
| 2019 | March | 0,03813 |
The transmission system service charge for the exit point of the supply to users in Latvia, the charge for the natural gas distribution system service, as well as natural gas excise tax and value added tax shall apply additionally to the price of the final guaranteed supply service pursuant to the effective laws and regulations.
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