Market Price Electricity

With a Market Price Electricity contract, you pay the up-to-date market price for electricity. It is definitely recommended if you do not wish to follow price developments on a daily or hourly basis. 

FOR PRICE-CONSCIOUS CUSTOMERS

The Market Price Electricity contract rate is made up of the basic charge and price of energy. Your invoice is formed on the basis of the actual Market Price Electricity rate and your use of electricity.

See price lists and terms of contract

 

WHAT IS IT?

  • Contract: valid until further notice
  • Origin: in accordance with the production mix
  • Price: depends on the development of electricity prices on a monthly basis
  • Who for: those who wish to actively monitor the development of electricity prices

PRICE DETERMINATION IN FURTHER DETAIL

- The monthly energy cost for the Market Price Electricity product is determined by the quotations from the Nasdaq Commodities power exchange.

- Price determination principle (for example, June): The June price is reported to customers on 15 May. The price is determined on the basis of the closing rate of the month’s products for June during the period 15 April – 14 May, as well as the margin. The average value of the closing rates of the system price product (ENOAFUTBLMJUN) and the electricity price area differential product (SYHELAFUTBLMJUN) are added up, and the value added tax and margin valid at the time are added to the total (0.56 c/kWh, incl. VAT 24%).

- The monthly price changes are reported on this page on the 15th of the previous month or the weekday before it. (In this respect, the calculation period of the average values of the closing rates changes accordingly.)

Price Determination Example

Stock exchange quotation period
by which price is formed
Date on which
price is announced
The period the
price is valid
15.4. - 14.5. 15.5. June
15.5. - 14.6.  15.6. July 
15.6. - 14.7.   15.7.   August

Prices 

Last Month's Price The Price Now The Coming Price
September October November
4.87 c/kWh    5.53 c/kWh 5.32 c/kWh


See previous prices of Market Price Electricity.

ORIGIN OF MARKET PRICE ELECTRICITY

The origin of Market Price Electricity is based on the production mix of electricity produced in Finland, deducted by electricity produced with energy sources with a certified guarantee of origin.

Specific carbon dioxide emissions of Market Price Electricity are 249 g/kWh and the amount of spent nuclear fuel is 1.42 mg/kWh. See also the origin and specific emissions of all sold electricity.

Energiamuoto %
Fossil sources 43
Nuclear power 51
Renewable sources 5

MONITORING THE PRICE AND CONSUMPTION OF ELECTRICITY

Your electricity bill shows actual consumption and a summary of the actual price. In Sävel Plus you can monitor electricity use and its costs by the hour. You will also see a comparison of whether you have been able to make any savings through your own action, for example, compared with electricity with a flat rate.

We also recommend downloading Fingrid’s Tuntihinta app for your mobile phone for easy monitoring of electricity prices. You can download the app via the following links.

  

See also


Electricity products and prices

As Helen's customer, you will get electricity affordably everywhere in Finland. We already have more than 500 000 happy customers. From a broad selection, you will find the right alternative to match your needs and values.


Fixed price electricity

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Safe and easy General Electricity

General Electricity is mainly meant for apartments and for homes and holiday homes with no electric heating.


Renewable Wind Power

Wind Power is a favourably priced and carefree contract where all supplied electricity is free of carbon dioxide.


Environmental electricity

Environmental electricity is a combination of solar, wind and hydro power.


Products for electricity heaters

Time-of-day Electricity and Seasonal Electricity contracts, which are valid until further notice, are available for detached houses with electric heating.


Exchange Electricity for market price

The price of Exchange Electricity is determined directly on the basis of the market price of electricity, and the contract is valid until further notice.


Environmental Penny supports renewable energy production

You can have an impact on increasing the use of renewable production methods when you sign up for Environmental Penny with your electricity contract.

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