How cheap would spot electricity get if fixed-price contracts were sold at numbers starting with 5? Based on history, spot electricity should reach numbers starting with 3.
In late summer 2017, two-year fixed-price contracts cost approx. 4.7 cents/kWh. The average price of exchange electricity around the same time was approx. 4.1 cents/kWh.
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Nothing was exported to Estonia for a long time when the cables unexpectedly broke. That was a partial reason for the decrease in electricity prices last winter.
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Only one of them, Eastlink 2, was down. Eastlink 1 operated normally.
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I was also switching to Helen, but VĂ€re offered an even better deal. It was just reported that Helen is buying VĂ€re, so they were essentially competing down their âownâ price. Well, thatâs fine by me.
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Yeah, I donât care who buys it or for how much, Iâm interested in what I pay for it 
Nowadays, risk margins seem to be on a completely different level, as there is more wind/solar power compared to 2017. The risk margin appears to be 2-3 cents per kWh when comparing fixed-price and actual spot electricity prices with my own consumption.
The year has changed and itâs time for statistics. Below are spot electricity price statistics based on my own usage profile (direct electric heated terraced house)
2025: 14900 kWh, realized price 5.18 c per kWh
2024: 14500 kWh, realized price 6.44 c per kWh
For 2026, I expect a price starting with a four; at least the 6.xx priced fixed-rate contracts suggest that.
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According to 2025 electricity statistics, consumption was 9,487 kWh at an average spot price of 4.55 c/kWh. A detached houseâs (OKT) fairly moderate baseline consumption (~3,700 kWh) combined with an electric vehicle charged flexibly based on electricity prices (the remaining nearly 6,000 kWh) seems to be quite a cost-effective solution.
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That is a very moderate baseline consumption for a detached house. I used 4,000 kWh in a two-room apartment. So, is that just household electricity? Including bathroom floor heating, etc.?
We reached 14,000 kWh and 5.10 c/kWh here with spot-price electricity. Detached house with electricity/ASHP (air source heat pump) as the primary heating method, and also wood during expensive electricity periodsâa few cubic meters per year including wood for the sauna. No other price optimization besides a large storage tank controlled by the electricity price. It provides domestic hot water and heating for the underfloor heating circuits. This year, the price was significantly higher than last year. Less hot water was used, so less cheap night electricity was consumed as well. The average price rose, while total consumption fell.
District heating or wood, and no heated storage or other energy hogs? Thatâs still quite low, given I think I used significantly more when I lived in a terraced house.
Iâve been on a fixed-rate contract for the past year, and the agreement expires in March. Most of my consumption is concentrated in the winter, so I donât think the benefits of spot price electricity are sufficient. No electric car either.
If fixed rates drop clearly below 7c/kWh, I think Iâll sign up for a two-year stretch.
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Yep, I know the consumption is low â a major factor, of course, is that the house, garage, and storage are heated with district heating. We donât practice any electricity saving or particular skimping. The only factor likely deviating from the norm is that we donât use the sauna very often, mainly because no one in the household is a real sauna fan.
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Semi-detached house, 2025 consumption ~7600 kWh and average price 6.3c/kWh. On spot price for 11 months.
Last year, I no longer tracked the price of electricity or used the sauna etc. based on the price. I had a price hedge for December at ~9.5c/kWh, which didnât work out due to the mild weather. I have one for January as well (~10c/kWh), and it seems to be hitting the mark better.
PKS Priima is indeed good. You get the cheapest renewable spot price in Finland, and you can lock in the price for the most expensive months if you wish.
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Same here, currently on a 6-month fixed contract from October to March. Consumption is concentrated in the cold winter months; itâs a detached house with an exhaust air heat pump (PILP). As a stark example of consumption, in January 2024, electricity usage was 2,300 kWh, while in July of the same year, it was 450 kWh. There is also no electric vehicle (EV) in the household.
Starting from March, I might try spot-priced electricity for the first time.
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The same downward trend is visible here over a couple of years.
2024, detached house consumption 20,448 kWh. Average price of purchased electricity 8.22 cents and average price of consumed electricity 6.29 cents. The difference comes from the value of solar panel production.
2025 consumption for the same house 16,771 kWh, purchase price 6.85 cents and average price of consumption 4.70 cents.
If electricity sellers are calculating correctly, is even cheaper electricity to be expected in the near future?
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