Fixed-term Valtti 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.
Why Fixed-term Valtti Electricity Enterprise?
- Take advantage of the benefits of exchange electricity and fixed-price contracts
The fixed price component reduces the price risk of exchange-priced electricity, but you can still influence the price paid for electricity by managing your company's consumption, just like with exchange electricity - Predictability with fixed-term and fixed price component
The fixed part of the contract price remains unchanged throughout the fixed-term contract period, providing price stability and predictability - Opportunity to benefit from the cheapest electricity periods of the month
Influence the final price of the contract and the size of your company's electricity bill by managing and timing electricity consumption to the cheapest hours or quarter-hours of the month
Contract information
Fixed-Term Valtti Electicity Enterprise is an electricity contract that combines the benefits of fixed-price and spot-priced electricity. The contract price consists of a basic fee, a fixed electricity price component set at the time of contract signing, and a usage impact that raises or lowers the monthly electricity price depending on how electricity usage is timed in relation to the monthly average of the exchange electricity price.
The contract is available for a duration of 12 or 24 months.
How the price of Valtti Electricity Enterprise is formed
What does the usage impact mean?
Select contract period
How the price of Fixed-term Valtti Electricity is formed
The price of the Fixed-term Valtti Electricity contract consists of the fixed electricity price component, usage impact, and a monthly basic fee.
The price of the fixed component is set based on the price on the day your company signs the contract, and it remains the same throughout the entire contract period. Most of the monthly electricity price forms based on this component.
The usage impact decreases or increases the monthly electricity 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 Valtti Electricity 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 component 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 basic component part 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.
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 |