Contract types

Kissa sylissä ja puhelin kädessä

Traditional

Fixed price

(fixed-term)

  • Usually 12 or 24 months duration
  • Most common (45% in 2023)
  • Prices in January 2025 are 7-9 cents/kWh
  • It can also be priced by time or season: cheaper at night and in summer, and more expensive during the day and in winter.

Fixed price

(continuous)

  • Notice period 14 days
  • Price changes with 1 month notice
  • 24% of contracts in 2023
  • More expensive during the heating seasonfixed-term (because tied to shorter futures)

Spot price

(continuous)

  • Notice period 14 days
  • The price changes every hour and the prices for the coming day are published the previous afternoon
  • Also includes the company margin (roughly 0.5 cents/kwh)
  • 31% of contracts in 2023
  • Cheapest in the long run if you can schedule your consumption more to nighttime

New

Hybrid contract

(fixed-term)

  • Usually 12 or 24 months duration
  • Combines spot and fixed price, i.e., you benefit from timing but the average price of monthly spot price is fixed
  • Cheaper than a fixed price if you can schedule consumption more at night
  • Problematic and confusing to some extent since the final price cannot be known until the end of the month when the billing period changes

Seasonal

(fixed-term)

  • Fixed price during the heating season (1.11-31.3) and spot price at other times
  • More expensive during the heating season than a traditional fixed price

Contract comparison

Sähkönhinta.fi page you can compare different contract types and their prices.

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