Spot Electricity for companies and housing companies

Who is it for?

When you are prepared to adjust the electricity consumption of your enterprise or housing company and to monitor changes in the price of electricity.

Spot Electricity is a great choice when the market price of electricity takes a dive, such as when the prices of emission allowances decrease or when there are rapid changes in the water situation. In that case, the prices of other electricity products may not react to the price drop as quickly as Spot Electricity. In the opposite case, the prices of the exchange electricity contract are the first to react and jump up. This is a risk worth acknowledging.

You can monitor electricity consumption and the related costs in Yritys Helen. In the service, you will see a comparison of whether you have been able to save money with your consumption in comparison to steady-price electricity, for example.

How is the price formed?

• The price of electricity is determined based on the realised spot price and electricity consumption. The contract price consists of a basic fee and the energy price. Corporate prices are exclusive of value added tax (VAT 0%).
• Spot Electricity is electricity of mixed origin according to Finland’s production distribution. The origin can easily be changed to Renewable or Carbon-free Energy.
• The contract is valid until further notice and can be terminated with two weeks’ notice.
• If the electricity consumption of the enterprise is not measured and recorded on an hourly or quarter-hourly basis, the monthly price of electricity is calculated on the basis of the Group 3 typical load graph specified in Decision 491 of the Ministry of Trade and Industry.

Origin of electricity

The origin of electricity is based on the production mix of electricity produced in Finland, deducted by electricity produced with energy sources with a certified guarantee of origin.

Specific carbon dioxide emissions of electricity are 390.93 g/kWh and the amount of spent nuclear fuel is 0.86 mg/kWh. See also the origin and specific emissions of all sold electricity.