The downward trajectory of variable green tariffs experienced since the country’s new color-coded tariff system was introduced January 1 to simplify price comparisons appears set to stop in April, an energypress examination of wholesale electricity market data has indicated.

If electricity retailers choose to keep unchanged discount rates they offered for March, then just one supplier’s variable green tariff will fall in April, while another supplier’s green tariff will remain the same, energypress calculations have shown. All other suppliers are expected to set higher green tariffs in April.

Besides variable green tariffs, variable yellow tariffs and fixed blue tariffs were also introduced as part of the new system. Yellow tariffs represent a lesser risk for suppliers as their levels are set at the end of each month.

Even if electricity retailers return to generous discount policies they had offered in January and February 2024, small price increases for the vast majority of specific products are expected in April.

The market clearing price for March has so far averaged 69.83 euros per MWh, 5 percent lower than February’s average of 73.61 euros per MWh.

This decline is not expected to lead to lower variable green tariffs in April as other pricing factors are also applied to determine price levels for the month ahead.