Timpriser

Timpriser is a Danish term commonly used to denote prices charged per hour. The word combines the concepts of time and price and is used in two main contexts: hourly rates for labor and services, and hourly electricity tariffs in energy markets.

In labor and services, timpriser refer to the agreed hourly rates in contracts for professionals such as consultants, tutors, craftsmen, or freelancers. Rates may vary by expertise, region, and project requirements, and may be fixed for an engagement or negotiated per hour.

In energy markets, timpriser describe hourly electricity prices that vary by hour based on supply and demand. In deregulated markets such as those connected to Nord Pool, published hourly prices determine what consumers pay for each hour of consumption if they are on dynamic tariffs or time-based pricing.

Users may benefit from timpriser by shifting consumption to cheaper hours, reducing costs, but they face price volatility and budgeting challenges. Businesses that operate equipment with flexible schedules may optimize operations by aligning with low-price periods.

See also: hourly pricing, time-of-use tariffs, Nord Pool, Danish energy market.