
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.