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Compare Electricity Providers

Compare electricity provider prices and find the best option for your consumption.

Comparing Electricity Providers in Finland

Dozens of electricity retailers operate in Finland's electricity market, but the most important thing for consumers is to understand how the price is formed. With spot-priced electricity, the final cost consists of three parts: the Nord Pool spot price, the retailer's margin, and value-added tax. The transmission fee is paid separately to your local grid operator.

How to Compare Electricity Provider Prices

Comparing margins alone is not enough. Some providers charge a lower margin but a higher monthly fee, or vice versa. The total cost depends on your consumption. For low-consumption households, a contract without a monthly fee may be the cheapest option, while high-consumption households benefit from a smaller margin.

Spot Price or Fixed Price?

Spot-priced electricity offers the opportunity to save by timing your consumption to cheap hours. A fixed price provides predictability. The choice depends on your risk tolerance and whether you can be flexible with your consumption. Many Finnish households choose spot pricing for heat pumps and electric vehicle charging, as these loads can be easily timed.

Switching Providers Is Free

Switching your electricity provider in Finland is free and easy. Your new provider handles the switch on your behalf. The process typically takes a few weeks. Your electricity supply is not interrupted during the switch, as your grid operator remains the same.

Frequently Asked Questions

Which electricity provider is the cheapest?
The cheapest provider varies depending on your consumption profile. Compare the total cost based on margin, monthly fee, and your own consumption.
Can I switch providers during an existing contract?
A fixed-term contract may include an early termination fee. You can leave an open-ended contract without cost with a two-week notice period.
Does switching providers affect electricity quality?
No. Electricity quality and reliability depend on the grid operator, which remains the same. The provider only sells the energy.
How does the margin affect the final price?
The margin is added to every hourly price. For example, a 0.5 c/kWh margin difference means roughly a 25-euro difference per year with an annual consumption of 5,000 kWh.
How do I find out my current contract terms?
Check your electricity bill or log in to your current provider's online service. There you can see your margin, monthly fee, and contract type.
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