Best & Cheapest Electricity Providers in Denmark 2026

Prices checked October 2026 on each provider’s own website. Some links are affiliate links (marked “sponsored”): we may earn a commission if you sign up, at no extra cost to you, and it never changes the order below.

I chose my own electricity company instead of staying with the default one my flat came with. It’s an easy switch, and the default is rarely the cheapest.

Quick answer

• Cheapest supplier in October 2026: Vindstød (Go’Vind: 0 kr/month + 1 øre/kWh on top of the spot price). For a student using 1,500 kWh a year, Vindstød’s own share of the bill is about 15 kr a year.
• Cheapest first year with monthly billing: EWII Intro El (0 kr subscription and 0 øre markup for 6 months, then 29 kr/month + 6.5 øre/kWh). Or EWII Basis El with no subscription at all.
• Simple, low fee, no binding: Modstrøm EnkEL (10 kr/month + 10 øre/kWh).
• Big, familiar names: Andel Energi and Norlys are solid but cost more per year for a low-use student.
• The catch: the electricity company only controls a small part of your bill. Grid tariffs, Energinet’s fees and VAT are the same whoever you pick. And if electricity is included in your rent, you probably can’t choose at all (see below).

Comparison table (October 2026)

Supplier charges only, as listed on each provider’s site. The spot price, grid tariffs and taxes come on top and are identical for every supplier at your address.

*Our calculation: 12 × monthly fee + 1,500 kWh × markup. 1,500 kWh is a rough figure for one person in a small flat; a room uses less. Markups are typically revised on 1 January and 1 July, and EWII’s Intro El must be ordered by 18 April 2027. Sources: Vindstød, EWII Basis El, EWII Plus/Intro El, Modstrøm EnkEL, Andel FlexEnergi, Norlys FlexEl.

The difference between the cheapest and the dearest plan here is roughly 480 kr a year. That’s real money on SU, but it also shows why no supplier can cut your bill in half: most of the bill is the spot price and the grid.

How electricity prices work in Denmark

Your price per kWh is built from five parts. Only the last two depend on which company you pick.

1. Spot price (Elspot). The wholesale price set hour by hour (now often per quarter hour) on the Nord Pool exchange. It’s the same for every supplier in your price zone.
2. Grid tariff (nettarif) and grid subscription. Paid to your local grid company (netselskab) for the cables and meter. It’s set by your address and you can’t change it.
3. Energinet’s tariffs and the electricity tax (elafgift). National, the same for everyone.
4. Supplier markup (spottillæg / pristillæg). What your electricity company adds per kWh.
5. Supplier subscription (abonnement). A fixed monthly fee, from 0 kr upwards.

Then 25% VAT (moms) goes on top of everything. You get one combined bill from your electricity company, which collects the grid and tax parts on behalf of others.

As an example, Andel Energi’s FlexEnergi page in October 2026 showed a total of about 2.26 kr/kWh: 1.32 kr spot price, 0.80 kr transport and taxes and 0.15 kr Andel markup, plus 70.52 kr/month in grid and system subscriptions passed on without markup (Andel Energi). Your figures will differ by grid company and hour, but the proportions are typical.

Elafgift in 2026: down to 1 øre per kWh

Denmark has cut the electricity tax to the EU minimum of 0.8 øre/kWh excluding VAT (1 øre including VAT) from 1 January 2026 to 31 December 2027 (Skattestyrelsen). In 2025 it was 72 øre excluding VAT, about 90 øre including VAT. That’s the single biggest reason bills are lower in 2026, and it applies automatically whoever your supplier is. Any guide still listing the elafgift as the biggest line on the bill is out of date.

DK1 vs DK2: Jutland/Funen vs Zealand/Copenhagen

Denmark has two spot price zones divided by the Great Belt: DK1 (Jutland and Funen) and DK2 (Zealand, including Copenhagen, and Bornholm). They often have different prices in the same hour, and in extreme hours the gap can be huge. In February 2026, eastern Denmark was forecast to hit about 7 kr/kWh while the west stayed around 2 kr (The Local). The gap varies hour by hour, so when you use a price app, set it to your zone.

Grid tariffs: why 17:00 to 21:00 is expensive

Grid companies charge time-of-use tariffs. In winter (October to March), the grid tariff during the 17 to 21 evening peak is often several times higher than at night. One example is N1’s household tariffs for winter 2026/27, including VAT: 11 øre/kWh from 00 to 06, 33 øre in daytime, and 99 øre from 17 to 21 (N1 via Ritzau, 1 Oct 2026). Other grid companies (Radius, Cerius, Konstant and so on) have their own rates but use the same time bands. So running the washing machine at night or midday saves money on any supplier.

Fixed price vs variable (spot) price

• Variable / spot: you pay the hourly market price plus a markup. It’s the cheapest option most of the time and lets you save by shifting use away from expensive hours, but a cold, windless winter week can be pricey.
• Fixed price: the energy part is locked for a period, for example 12 months on EWII Fastpris El. Note that only the energy part is fixed: grid tariffs and taxes still change. You pay for predictability.

A fixed-price period isn’t the same as a binding period. Danish consumer electricity contracts can bind you for at most 6 months (Life in Denmark), and every plan in our table has no binding or a short minimum.

Aconto vs paying for actual use

Some plans (like Vindstød Go’Vind) bill aconto, which means you pay an estimate in advance each quarter and settle the difference later. Others (EWII, Modstrøm, Andel) bill monthly in arrears for what your smart meter actually measured. On a tight student budget, monthly billing for actual use is easier to follow, which is why Vindstød’s VE Strøm or EWII may suit you better than the very cheapest plan.

The 5 providers, ranked for students

1. Vindstød: lowest supplier cost

Vindstød’s Go’Vind plan costs 0 kr a month with a 1 øre/kWh markup, the lowest supplier charge we found among the five. Its VE Strøm plan (1.5 øre/kWh) bills monthly for actual use instead of quarterly aconto. Vindstød describes its power as Danish wind and solar.

2. EWII: cheapest first year on monthly billing

EWII has two good options for students. Basis El has no subscription (16.5 øre/kWh markup), which suits low use. Intro El gives new customers 0 kr subscription and 0 øre markup for the first 6 months, then turns into Plus El (29 kr/month + 6.5 øre/kWh). EWII says Intro El is aimed at slightly higher consumption and requires that you haven’t had EWII electricity at the address in the last 6 months. All plans bill monthly for actual use, with no aconto and no binding. EWII also offers Fastpris El if you want a fixed price for 12 months.

Tip: if you use little power, Basis El is usually the better long-term plan. Remember to switch from Plus El to Basis El after the intro period if that’s cheaper for you.

→ See EWII’s electricity plans

3. Modstrøm: simple and low-fee

Modstrøm’s EnkEL plan is the “spot price + 10 øre” deal with a 10 kr monthly fee and no binding, billed monthly. Prices on the signup page include VAT. Its signup page also shows a separate savings add-on with a 6-month binding, so read what you tick.

4. Andel Energi: big and transparent

Andel Energi is one of the largest suppliers, with a clear price breakdown on its site and a good app. FlexEnergi costs 20 kr/month + 14.63 øre/kWh. You can cancel with a month’s notice, but you pay for at least two months. Its older TimeEnergi product is closed to new customers.

5. Norlys: the biggest name

Norlys is Denmark’s largest energy company and also sells internet and TV. FlexEl costs 29 kr/month + 9.70 øre/kWh (1 July to 31 December 2026), with no binding. It’s beginner-friendly, but for a low-use student it’s the most expensive of these five.

Students in a rented room or kollegium

Before comparing suppliers, check your lease (lejekontrakt):

• Electricity included in the rent or paid “aconto” to the landlord. This is common in kollegier, shared houses and rented rooms. You pay a fixed monthly amount with your rent, and the landlord settles once a year based on the meter. If the estimate was too low, you get a bill; if it was too high, money back. In this setup you usually can’t pick your own supplier: if electricity is part of your rent, switching needs your landlord’s agreement. Your savings come from using less, especially at 17 to 21.
• Your own meter and your own contract. If the flat has its own meter, choosing a supplier is your job. Life in Denmark notes that it is your own responsibility to sign an electricity agreement when you move to a new address (Life in Denmark). Sign up before or on move-in day.
• Ask about the settlement. If you pay aconto through the landlord, ask how big last year’s settlement was. A big catch-up bill at the end of the year is a classic student budget shock.

Looking for a place? See our guide to finding student accommodation in Denmark.

How to switch electricity company

1. Get MitID and a CPR number first. EWII and Modstrøm both confirm the order with MitID, and suppliers typically ask for your CPR number. New arrivals without them usually have to wait (or keep the landlord’s arrangement). See our first-week checklist for getting CPR and MitID.
2. Compare on a neutral tool. Elpris.dk is the Danish Utility Regulator’s (Forsyningstilsynet) price portal, where suppliers must list their products. Use it to shortlist 2 or 3 suppliers, then check the full terms on their own sites. If you’d rather have suppliers contact you, FindElpriser is a free, non-binding service: you enter your details and up to three partner suppliers call or email you with offers. It isn’t a neutral price list, as only its partners respond.
3. Sign up with the new supplier online. Have your address ready (and, if you know it, the meter number, “aftagenummer”, from an old bill). The new company handles the switch and cancels your old contract. You don’t need to contact the old one.
4. Nothing physical changes. No technician, no power cut. Only who sends the bill changes. Your old supplier sends a final settlement afterwards.
5. Moving out? Tell your supplier the move-out date so you don’t pay for the next tenant.

Save money whatever your supplier

• Avoid 17 to 21 in winter. That’s when both the spot price and the grid tariff peak. Run laundry and the dishwasher overnight or midday.
• Use a spot-price app. Most suppliers’ apps (EWII, Andel and Modstrøm all have one) show tomorrow’s hourly prices from early afternoon.
• Check your consumption on eloverblik.dk (log in with MitID) to see your real yearly kWh before you compare.

More money tips: 7 ways to improve your student budget and our guides to the cheapest SIM cards and choosing an internet package.

FAQ

Which is the cheapest electricity provider in Denmark in 2026?

Looking only at what the supplier charges, Vindstød’s Go’Vind (0 kr/month + 1 øre/kWh) was the cheapest of the providers we checked in October 2026. EWII’s Intro El is cheapest for the first 6 months on monthly billing. Prices change at least twice a year, so check elpris.dk for your address.

Does it matter which electricity company I choose?

Less than people think. The spot price, grid tariff, Energinet’s fees and elafgift are the same with every supplier. Only the subscription and markup differ, which for a student adds up to a few hundred kroner a year at most.

What is the elafgift in 2026?

0.8 øre/kWh excluding VAT, or 1 øre including VAT, from 1 January 2026 to 31 December 2027. In 2025 it was 72 øre excluding VAT.

Is electricity cheaper in Copenhagen or Jutland?

Copenhagen is in zone DK2 and Jutland in DK1. DK1 is often cheaper thanks to more wind, but not always, and the gap varies by hour. Your local grid tariff also differs by grid company.

Can I choose an electricity provider if electricity is included in my rent?

Usually not without your landlord’s agreement. You pay aconto through the rent and get a yearly settlement. You can only pick a supplier if you have your own meter and contract.

Can I sign up without a CPR number or MitID?

Usually not online. The providers we checked confirm orders with MitID. If you’ve just arrived, use the landlord’s arrangement or wait until you have CPR and MitID.

How long does switching take, and does the power go off?

The power never goes off: only the billing company changes. The new supplier handles the switch, and you can cancel any plan in our table quickly as none have long binding.

Is green electricity more expensive?

Sometimes. Vindstød markets wind and solar power at no premium, while EWII charges extra per kWh for its green variants. Green electricity in Denmark is matched with certificates of origin, so it doesn’t change the power in your socket.

Prices checked 18 October 2026 on each provider’s website. Markups and campaigns change often, so confirm the final price for your address before signing up.