Find The Cheapest Electricity Contract in Finland
Whatever your situation is, you can easily find the cheapest electricity contract from our website - in just a few minutes!
The cheapest electricity contract
Compare and select the cheapest electricity contract.
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The cheapest electricity price - how to find it?
Electricity comparison is worthwhile if you are looking for the cheapest electricity in Finland. With these tips you can find the cheapest electricity price in 2023:
Top 4 cheapest electricity contracts by different contract types
|💡 Cheapest 24 month contract||Oomi 24kk sähkösopimus|
|🔌 Cheapest 12 month contract||Hehku Energia 12kk sähkösopimus|
|♻️ Cheapest spot price contract||Nordic Green Energy spot price contract|
|⚡ The cheapest hybrid deal||Fortum hybridisähkö|
Fortum electricity contract
Fortum is Finland's largest and leading energy company with a customer base of over 2 million, which is dedicated to promoting change towards a cleaner world. Their mission is security of energy supply and to speed up the reliable transition towards a carbon-neutral economy by offering their customers and society clean energy and sustainable solutions.
Fortum's core business is focused on the Nordic markets and covers emission-free and efficient electricity production, electricity sales, district heating and recycling and waste business.
Väre electricity contract
Väre Oy is a progressive energy service company and one of Finland's largest electricity sellers, serving approximately 250,000 customers nationwide.
Väre believes that managing energy consumption and sustainable energy solutions should be made easy and attractive. Their electricity contract offering covers a versatile selection of flexible and customizable electrical products that meet the customers' different needs and life situations.
Helen electricity contract
Helen Oy (formerly Helsingin Energia) is a Helsinki-based organization in the energy sector that produces and sells electricity, whose quality can be seen, among other things, as more than 100 years of experience in the field.
However, Helen has not stopped improving, but is very much involved in the top brass of Finnish electricity companies - an example of this is the excellently functioning Oma Helen mobile application.
Oomi electricity contract
Oomi is one of Finland's largest electricity companies with a customer base of over 400,000 people. The people of Oomi have years of experience in the Finnish energy field, as the company was jointly founded by Vantaan Energia, Lahti Energia, Pori Energia, Oulun Seudun Sähkö and Oulun Sähkönmyinty Oy and partners.
The shareholders are Oulun Energia, Tornion Energia, Haukiputaan elektrosuuskunta, Raahen Energia, Rantakairan Sähkö and Tervolan Energia ja Vesi.
Cheapest spot price contract
Vertailumme halvinta pörssisähköä tarjoaa Nordic Green Energy. Pörssisähkö sopii niille jotka haluavat omilla kulutustottumuksilla vaikuttaa sähkölaskun lopulliseen hintaan. Nordic Green Energy pörssisähkön hinta määräytyy Nord Pool sähköpörssissä, joka tarkoittaa että hinta on aina kilpailutettu ja ajan tasalla.
The cheapest electricity contract
At the moment, the cheapest electricity contract in our comparison is the Hehku Energia. By choosing the cheapest electricity contract, you can easily save up to hundreds of euros per year.
The cheapest electricity for 24 months - what is the best two-year deal?
The cheapest 24-month electricity can be found at Hehku Energia. A 24-month electricity contract is the most suitable for you if you can't bear to monitor the price of electricity on the exchange, or adjust your consumption according to the day of the week or the time of day. By choosing the cheapest electricity for 24 months, you lock in the same monthly price for two years, and then you don't have to stress about electricity price fluctuations. The cheapest electricity for 24 months can change often, so please keep an eye on our website and compare electricity contracts if necessary.
The cheapest electricity for 12 months - lock in the best price for a year!
1 vuoden sähkösopimus on paras valita jos ei ole aikaa tai haluja tarkkailla pörssisähkön hintaa tai stressaa hinnan muutoksista. Lukitset saman kuukausihinnan vuodeksi sähkönkäytöstä per kwh, eikä vuorokauden ajalla ole merkitystä sinun sähkösi hintaan.
The cheapest electricity contract for a detached house
The cheapest electricity contract for a detached house is Fortum Tarkka.
Spot-price electricity for a detached house gives you the opportunity to optimize your electricity consumption following the exchange price, and you are not committed for a longer period of time. The cheapest electricity for a detached house changes at regular intervals, so please compare the best offers on our website. For those looking for affordable electricity for a detached house, we also recommend looking into solar panels and air source heat pumps.
The cheapest electricity contract for a student
At the moment, the cheapest electricity contract for a student is Fortum Tarkka. Nordic Green Energy also has an excellent offer below, 6 months of electricity without monthly payments. Students should choose an electricity contract that includes a student discount. This way you ensure that you have the cheapest electricity contract in your student account and you can use your study grant, loan, or salary for other necessary things.
How to find the best electricity contract in Finland?
You can find the cheapest electricity contract in Finland through comparison. In our comparison, we divide the offer of different electricity companies from the cheapest to the most expensive, to help you easily find the cheapest electricity contract at the moment.
The operating logic of our comparison site is simple: we divide the contract offers of different electricity companies from the cheapest to the most expensive, which makes it easy and effortless for you to choose the most affordable electricity contract that best suits your life situation.
What is an electricity contract?
An electricity contract is a contract for the delivery of electrical energy to the place of use ordered by the customer. The electricity contract specifies the person who ordered the contract, the place of use of electricity, the price of electricity and the validity period of the contract.
The electricity contract is between the electricity company and the customer, but in addition to that, electricity transfer and electricity taxes are also added to your final electricity bill, which are billed separately from the local grid company. The prices of these are not included in the electricity contract. There are dozens of companies selling electricity in Finland, so you can easily compare the price of electricity between different companies.
Which electricity contract is the cheapest?
What happens to the electricity contract when moving to a new place?
When moving, you can transfer your current electricity contract directly to your new address. The electricity company receives information about your move when you make a move notification through the DVV Agency.
Alternatively, you can also change your contract to a more suitable one directly from the electricity company's website if the size of your apartment or electricity consumption changes.
When can the electricity contract be changed to a cheaper one?
Toistaiseksi voimassa olevan sopimuksen irtisanomisaika on 14 vuorokautta. Määräaikainen sopimus päättyy määräajan tultua päätökseen.
Määräaikaisen sähkösopimuksen voi myös purkaa esimerkiksi muuton takia, jos sopimuksessa on erikseen niin mainittu. Jos nämä asiat täyttyvät, voit vaihtaa halvempaan sähkösopimukseen jo tänään!
What is the cheapest electricity company in Finland at the moment?
The cheapest electricity company at the moment is Fortum. Security of supply can be found in the current situation from large electricity companies, although in previous years the situation might have been different. Trusted electricity companies such as Fortum and Oomi offer affordable electricity contracts - as well as a solid business.
In 2022, several electricity companies have gone wrong, offering contracts that are too cheap in the current market situation. Examples include Lumo Energia, which went bankrupt in July, and Karhu Voima, respectively, in September. You should pay attention to the choice of electricity company. If you choose a really small, cheapest electricity company contract, the company's operations are potentially uncertain when the general market situation is difficult.
How can I get a cheap electricity transmission price?
Sähkön siirtohinta on osa sähkösopimustasi, jota et pysty kilpailuttamaan. Sähkön siirtohinta määräytyy aina paikallisen sähkönsiirrosta vastaavan yhtiösi hinnaston mukaan.
What time of the day is electricity the cheapest?
On average, electricity is the cheapest between 22:00 and 04:00 a'clock. In these hours of the night, it is good to use cheap electricity, depending on the situation, for example for charging an electric car, heating the hot water heater, or going to a sauna.
How is the price of the electricity contract determined?
Halvin sähkö riippuu aina tilanteesta, eli jokaiselle ei voi suositella aina samanlaista sopimusta. Riippuen asuinmuodostasi (kerrostaloyksiö, omakotitalo, rivitalo), sähkönkulutuksessa on yleisesti valtavia eroja. Erilaisia sähkösopimuksia on:
- Spot Price Electricity: Pörssisidonnainen sähkösopimus pohjautuu yleensä Pohjoismaiden sähköpörssin “Nord Poolin” tunneittain vaihtuvaan vuorokausimarkkinahintaan. Pörssisähkösopimuksessa maksetaan normaali pörssihinta, myyjän välityspalkkio sekä sähkön perusmaksu. Näistä kolmesta sähköyhtiöiden erottava tekijä hinnallisesti on myyjän asettama välityspalkkio sekä perusmaksu.
- Fixed-Term Contract: Määräaikainen sopimus on is usually 12 or 24 months long. The electricity price is fixed throughout the contract period. Due to the energy crisis, fixed-term electricity contracts are no longer available as before, as electricity sellers are uncertain about changes in market prices.
- Electricity contract without a fixed term: Sähkösopimus voi olla myös toistaiseksi voimassa oleva. Sähkön hinta (senttiä / kWh) sekä perusmaksu on ilmoitettu etukäteen. Mahdolliset hinnan muutokset tulee ilmoittaa asiakkaalle kuukauden varoitusajalla.
- Sähkösopimus taloyhtiölle: Arvioidessa mikä sähkösopimus on paras vaihtoehto taloyhtiölle, on hyvä pohtia mihin vuorokauden aikoihin sähkönkulutusten piikit yleensä ajoittuvat. Useimmat sähkönostajat hakevat sähkösopimukselta tyypillisesti varmuutta sekä kustannustehokkuutta. Tämä kuitenkin vaatii että yhtiön kulutustarpeet kartoitetaan riittävän kattavasti.
The size of the apartment or the purpose of using the electricity significantly affect the choice of the right type of contract. The cheapest electricity company offers many types of contract models, and the consumer always has the freedom to choose what suits their needs best.
Fixed-Term Contract has traditionally been the choice for the majority of Finns. In a fixed-term contract, you can lock in a fixed electricity price for the entire contract period, and you don't have to worry about competing for the electricity contract during the entire contract period.
Indefinite Electricity Contract is the most suitable for you if you are looking for the absolute cheapest possible electricity. However, the requirement in this case is to actively monitor the electricity market and change your consumption habits according to when the price of electricity is at its lowest.
Hybrid electricity contract offers consumers protection from electricity price fluctuations, but also the opportunity to benefit from a cheaper electricity price by changing consumption habits. An example of this is Nordic Green Energy's Smartti electricity contract.
Examples of electricity contracts: apartment building, terraced house, detached house & summer cottage.
The cheapest electricity contract is especially important in a single-family house with electric heating - but it's stupid to pay too much in other forms of living as well.
Electricity contract for apartment building unit or duplex
In small apartments, such as one-room and two-room apartments, the price of the electricity bill is on average 40 – 50 euros per month. Annual savings or losses can amount to tens, or sometimes even hundreds of euros - if the electricity contract is not the cheapest.
Most of the electricity consumption comes from household appliances, such as the fridge-freezer. Washing clothes also consumes electricity. If laundry is free in the housing association, it should be preferred in the current energy crisis.
Electricity contract for a terraced house
In a townhouse apartment, you must remember to consider the type of heating. In many housing associations, electricity is used as a form of heating, which accounts for most of the consumption.
If the terraced apartment (double room) has district or geothermal heating, the annual consumption is around 3000 kWh. Electric heating increases consumption significantly. However, a cheap electricity contract is such that the price of the electricity bill does not rise too high during the winter.
You should also consider sauna. The electric stove alone can add 600 to 1000 kWh of consumption each year.
Electricity contract for a detached house
Especially in a single-family house, you should always make sure that you have the cheapest electricity contract at the time. In an electrically heated detached house, the annual consumption can easily rise to 20,000 – 30,000 kWh.
If compared to a detached house with district heating, the electricity consumption can be only 8000 kWh. If you think about the most expensive form of heating, it's proven to be oil heating.
An affordable electricity contract for a detached house is often a fixed term contract. It also matters whether the home has an air heat pump - it significantly lowers heating costs. Solar panels can also reduce the electricity bill, and their popularity has exploded in recent years, and as its popularity grows, due to EU regulations, which will be valid in 2026. due to EU regulations, which will be valid in 2026.
Electricity contract for a cottage or cabin
What kind of electricity contract for a cottage is worth taking? It depends on how much time you spend at the cabin. For example, if you are there for a couple of months of the year in the summer, we recommend stock exchange electricity, i.e. an electricity contract valid for an indefinite period. In addition to the basic monthly fee of a few euros, you only pay for use and electricity transmission. With a fixed-term electricity contract, you have a fixed monthly price, which does not make sense if you are not at the cottage for most of the year.
If you spend more time at the cottage, and you have an older, less energy-efficient cottage, your electricity bill can be hefty. We therefore recommend that you find out how to install solar panels. You can get more information about them from, for example, Oomi, Väree or Fortum.