Is Fortum the cheapest option?
Spot price is the same market price for everyone. Differences usually come from provider margin, base fee, and contract terms.
| Time | Price | vs avg | Status | |
|---|---|---|---|---|
| --:-- | -- | -- | -- | -- |
How Fortum's electricity price is determined
Fortum's spot-based contracts follow the Nordic day-ahead market price, where the price is set separately for each hour of the next day.
- Current hourly price (c/kWh)
- Daily average price
- Cheapest hour (time + price)
- Most expensive hour (time + price)
- Best 1-3 hour windows
- Hourly chart overview
- Provider margin and base fee
- Taxes/VAT (depending on plan display)
- Grid transfer fees billed separately
- Contract conditions and eligibility
Fortum electricity price now – what does spot electricity cost as a Fortum customer?
Fortum is one of Finland's largest energy companies, headquartered in Espoo. The company serves hundreds of thousands of households across the country and offers both fixed-price and spot-price electricity contracts. With Fortum's spot product, you pay the hourly Nord Pool market price plus Fortum's margin on top.
This page shows Fortum's spot electricity price in real time. The price updates every hour and is based on the same Nordic day-ahead market that all electricity retailers use. The difference between providers comes down to margin and contract terms.
How is Fortum's spot electricity price determined?
Fortum's final spot electricity price consists of several components. First is the Nord Pool spot price, which fluctuates hourly based on supply and demand. Fortum adds their own margin on top, typically a few cents per kilowatt-hour. Then comes 25.5% VAT. On top of all this, you pay a grid transfer fee separately to your local distribution company – that charge doesn't appear on Fortum's bill.
Fortum's margin is competitive in the market, but it varies depending on contract type. It's worth checking your specific contract terms through Fortum's online service or mobile app.
When is Fortum's electricity cheapest?
The cheapest hours typically fall during the night between midnight and 6 AM, when overall demand is low. Another affordable window often appears around midday, when wind and solar generation peaks. Electricity tends to be most expensive during morning and evening rush hours, roughly 7–9 AM and 5–8 PM.
Use this page to find today's cheapest windows. EV charging, water heater scheduling, laundry, and dishwasher runs are all worth timing to low-price hours. Shifting just a few hours of heavy usage can save several euros per month.
Choosing a Fortum electricity contract
Spot electricity works best for consumers who can be flexible about when they use power. At its cheapest, the spot price can be near zero or even negative, but price spikes can catch you off guard. A fixed-price contract offers predictability instead – you know exactly what you'll pay every hour.
Fortum offers both options. If your consumption is steady and you can't easily shift it, a fixed price may be the safer choice. But if you're able to move heavy loads to nighttime or midday, spot electricity will likely save you money over the long run.
Frequently Asked Questions
What is Fortum's spot electricity margin?
Does Fortum's price include the grid transfer fee?
How do I switch to Fortum's spot electricity?
Is Fortum cheaper than other electricity providers?
How does the Fortum app show consumption?
Editorial review and corrections
Editorial review: sahkonhinnatnyt.fi team. Last reviewed: 2026-04-10. If you notice a data or content issue, please contact us so we can verify and correct it quickly.