EU Energy Supplier Savings Calculator

The European Commission estimates that switching to a dynamic price contract and actively managing consumption could save up to 40%. Enter your current electricity rate, consumption, and a potential new rate to see your annual savings.

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How EU Energy Supplier Savings Calculator Works

Calculate how much you could save by switching electricity suppliers or moving to dynamic pricing in the EU. savings calculator by country. Enter your values into the form above and the calculator processes them instantly in your browser — no data is sent to any server.

EU Rules on Energy Switching

Under EU energy market rules, you have the right to switch electricity suppliers free of charge. By December 31, 2026, the switching process must be completed within 24 hours (reduced from the current 3-week timeframe). Every EU country must provide free, independent price comparison tools so you can find the best deal.

Fixed vs Dynamic Pricing

Contract Types

  • Fixed price: Pay the same rate per kWh regardless of market conditions. Predictable bills, no surprises.
  • Variable/dynamic price: Rate changes based on wholesale electricity market prices (hourly or daily). Can be much cheaper if you shift usage to off-peak hours.
  • EU Commission estimate: Up to 40% savings possible with dynamic pricing + active consumption management

Average Electricity Prices in Europe (2026)

Electricity prices vary widely across the EU. The EU average is approximately €0.28/kWh for households. Bulgaria and Hungary have the lowest prices (~€0.10-0.12/kWh), while Germany, Belgium, and Denmark are among the most expensive (~€0.35-0.42/kWh). Average EU household consumption is about 3,500 kWh/year.

Tips for Getting Accurate Results

For the most accurate results, use up-to-date numbers from official sources. Double-check your inputs before calculating — small errors in the starting values can lead to significantly different outputs. If you are comparing scenarios, keep all variables the same except the one you are testing. Save or screenshot your results for future reference. This calculator uses standard formulas and is designed to give you a reliable quick estimate, though professional advice may be needed for complex situations.