Fixed-term Välkky Electricity Enterprise
A fixed-term electricity contract that offers price stability and the opportunity to impact the amount of your electricity bill by steering your electricity usage.
A contract where the price can be influenced
Fixed-term Välkky Electricity Enterprise is an electricity contract that combines the benefits of fixed-priced electricity and quarter-hour priced electricity for your company. With the fixed energy price component, you ensure a more stable price compared to spot electricity, but thanks to the usage impact included in the contract, you still retain the opportunity to influence the energy price by timing your company’s electricity consumption to the more affordable hours of the month.
You get the most benefit from the contract by using the Yritys Helen service, where you can monitor the actual usage impact and your company’s electricity consumption at any time.
How the price of Välkky Electricity Enterprise is formed
What does the usage impact mean?
Contract information
- Fixed-term contract for 12 or 24 months
- The price consists of a basic fee, a fixed energy price, a usage impact, as well as fees from Fingrid Oyj and Fingrid Datahub Oy
- You can choose Renewable or Carbon‑free electricity
- Take advantage of the most affordable price periods of the month by scheduling your company’s electricity consumption
- Business prices exclude VAT (VAT 0%)
Select contract period
How the price of Fixed-term Välkky Electricity Enterprise is formed
The price of the Fixed-term Välkky Electricity Enterprice contract consists of the fixed electricity price component, usage impact, and a monthly basic fee. The price is also affected by other pass-through charges in accordance with the contract, which are Fingrid Oyj’s consumption fee and Fingrid Datahub Oy’s datahub fee.
The fixed energy price is determined at the time the contract is signed, based on the price on that particular day. The largest part of the price of the contract is formed through this component.
The usage impact decreases or increases the energy price depending on how your company's quarter-hourly electricity usage compares to the monthly average price of exchange electricity. Your company can influence this by optimizing its electricity usage.
If most of your company's electricity usage occurs during the periods of the month when the exchange electricity price is higher than the monthly average, the monthly price of electricity will increase by the amount of the usage impact. If most of your company's electricity usage occurs during the periods of the month when the exchange electricity price is lower than the monthly average, the monthly price of electricity will decrease by the amount of the usage impact.
Fixed-term Välkky Electricity Enterprice contract also has a fixed monthly basic fee that is not dependent on the amount of your company's electricity consumption. The monthly basic fee remains the same throughout the contract period.
Please note that the calculations provided in this page are examples of usage impact. The actual usage impact may be smaller or larger depending on the timing of your company's consumption and the actual monthly price of the exchange electricity. If the contract begins in the middle of the month, the usage impact for the first month may be higher or lower than usual.
An example of the usage impact
Fixed energy price 8,0 c/kWh
45% Usage that decreases the price
25% Usage that increases the price
30% Uncertain impact
Example calculations
Example calculations of the usage impact. In the example, the energy price is 10 c/kWh. Usage impact in the example is either + 2 c/kWh or - 2 c/kWh.
Your company has used electricity during lower-priced periods
Impact of usage: - 2 c/kWh
Energy billing price: 10 - 2 = 8 c/kWh
+ basic charge: €/month
Your company has used electricity during higher-priced periods
Impact of usage: + 2 c/kWh
Energy billing price: 10 + 2 = 12 c/kWh
+ basic charge: €/month
Information about usage impact and steering your electricity consumption
The usage impact is formed when the quarter-hourly prices of your company's electricity consumption are compared to the monthly average price of exchange electricity. The usage impact either increases or decreases the monthly electricity price depending on how your company schedules its quarter-hourly electricity consumption compared to the monthly average price of exchange electricity.
If your company uses electricity the most when the exchange electricity price is higher than the monthly average, the usage impact will increase the monthly electricity price. Conversely, if your company uses electricity the most when the spot electricity price is lower than the monthly average, the usage impact will decrease the monthly electricity price.
The usage impact is determined by month, and its amount resolute by the actual electricity consumption at the usage location.
The usage impact means comparing the quarter-hourly prices of your company's consumption to the monthly average price of electricity in the power exchange.
The monthly usage impact is calculated as follows:
(A-B) / E = c/kWh, where
A = the sum of the products of the electricity consumption (kWh) and the spot prices of exchange electricity (c/kWh)*
B = Monthly electricity consumption (kWh) multiplied by the non-weighted monthly average of exchange electricity (c/kWh)
E = Monthly electricity consumption (kWh)
A = Consumption is multiplied by the spot price for the same time, after which these products of all periods of the month are added up. This way, the usage impact of various moments over the month is taken into account because consumption and the spot price determined on the market for different moments vary greatly by the periods. *If the measurement period of the meter is different from the market's spot price period, an average spot price from NordPool's spot prices is calculated for the meter's measurement period, which is used for billing.
B = The electricity consumption of the same month is added together and multiplied by the monthly average of the spot price for the same month. This makes it possible to calculate the price for total consumption according to the average spot price.
(A-B) = By deducting B from A, you can see the relation of consumption in lower and higher priced moments to the average value. Whether the value is negative, i.e. reducing the invoice amount, or positive, i.e. increasing the invoice amount, is determined according to whether a higher proportion of monthly consumption is consumed during a lower-priced or higher-priced period in comparison to the average for the whole month. The more you can direct monthly consumption to the lower-priced periods, the more you will stay below the monthly average.
(A-B) / E = A-B calculated in the end is proportioned to consumption by dividing it by the month’s consumption. This gives the usage impact, i.e. the value as a c/kWh unit. This is basically a matter of comparing the spot prices of the consumer’s own consumption with the monthly average spot price.
The final figure is either negative, in which case the amount of your company's electricity bill will be decreased, or positive, in which case it will increase the amount of your company's electricity bill. The more your company is able to shift usage to the lower-priced periods of the month, the greater the saving your company will make in view of the monthly average.
Please note, that in this electricity contract the invoiced price of electric energy cannot be negative.
Check your company's current consumption data from Yritys Helen and review your company's quarter-hourly consumption habits. Accurate consumption data helps in making sensible energy efficiency measures, and even small actions can significantly reduce energy consumption.
In the future, schedule energy-intensive activities for the hours when exchange electricity is as cheap as possible.
Fingrid Oyj’s consumption fee is a volume-based fee charged by Fingrid Oyj for all electricity production and consumption. It is a pass-through cost that is invoiced from the customer according to the price valid at any given time.
Fingrid Datahub Oy’s datahub fee is a per metering point fee charged by Fingrid Datahub Oy from electricity retailers. It is a pass-through cost that is invoiced from the customer according to the price valid at any given time.
We have specified these fees to make billing as transparent as possible for our customers. As our customer, you always pay according to the price valid at any given time.
Origin of electricity
The origin of electricity for this contract is based on the production mix of electricity produced in Finland, with a deduction for electricity generated from renewable energy sources with a certified guarantee of origin.
The specific carbon dioxide emissions of mixed electricity are 390.93 g/kWh and the amount of nuclear fuel used 0.86 mg/kWh. Also see the origin and specific emissions of all sold electricity.
| Energiamuoto | % |
|---|---|
| Nuclear power | 31 |
| Fossil sources | 56 |
| Renewable sources | 13 |