If you have a variable contract, an average of the electricity price is invoiced every month. This means that it does not matter when in the day you consume electricity. If you want to track your consumption hour by hour, you can have hourly reading, which requires that your particular electricity meter supports it. Log in  to our website and request hourly readings in the consumption view.With an hourly rate contract, you pay the actual price for each kWh consumed. To some extent, you can influence how much you pay for the electricity, in distinction from a variable contract with an average price. For an hourly rate contract to be profitable, you need to be able to use the electricity when it is cheapest and cut back during price peaks. If you use a lot of electricity during the most expensive hours of the day, an hourly rate contract can be more expensive than being billed an average price per month. If you have a traditional consumption pattern and do not have the opportunity to change it, we do not recommend switching to an hourly rate contract.The spot price on the Nord Pool electricity exchange governs the price of electricity, your electricity supplier’s charges remain the same. The fees are no different between a contract with a hourly rate and a monthly rate.At GodEl we have a variable contract with average price as standard, but also offer an hourly rate contract. To switch to an hourly rate contract, you first need to contact your network owner to ensure that you have an electricity meter that supports hourly reading. After that, once logged in to our website, you can change your contract to an hourly rate. Select "Renewal of contract: hourly rate contract" in the first view you access when logged in.Learn more about hourly rate contracts.