Välkky Electricity Enterprise
An electricity contract valid until further notice that offers a company price stability and the opportunity to influence the final amount of the bill by steering electricity consumption.
A contract where the price can be influenced
Välkky Electricity Enterprise is an electricity contract valid until further notice that allows your company to combine the benefits of fixed‑priced electricity and exchange‑priced electricity. The contract consists of three components: a monthly basic fee (€ /month), a fixed energy price (c/kWh) and a usage impact (c/kWh), which decreases or increases the energy price depending on how the company’s electricity consumption is scheduled in relation to the monthly average price of spot‑priced electricity.
With Välkky Electricity Enterprise, you ensure a more stable electricity price for your company compared to exchange electricity, while still retaining the opportunity to influence the electricity price by scheduling the company’s electricity consumption. You get the most benefit from Välkky Electricity for your company 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
- Valid until further notice, no fixed term
- The price consists of a basic fee, a fixed energy price and a usage impact. Please note that the energy price may change if there are significant changes in the electricity market. We will inform you 30 days in advance of the change.
- You can choose Renewable or Carbon‑free electricity
- Take advantage of the most affordable price periods of the month by scheduling your consumption
- Business prices exclude VAT (VAT 0%)
Välkky Electricity Enterprise
Combine the benefits of fixed-priced and quarterly priced electricity
How the price of Fixed-term Valtti Electricity is formed
The price of the Valtti Electricity contract consists of the fixed electricity price component, usage impact, and a monthly basic fee.
The fixed energy price is valid until further notice. Most of the price of the Välkky Electricity contract is formed through this component. Please note that the fixed energy price may change if there are significant changes in the electricity market. We will always inform you of the change 30 days in advance.
The usage impact decreases or increases the energy price depending on how your company’s electricity consumption compares to the monthly average price of exchange electricity. Your company can influence this by scheduling its electricity consumption.
If most of the electricity consumption is scheduled during the periods of the month when the monthly price of exchange electricity is higher than average, the energy price will increase by the amount of the usage impact. If electricity usage is instead scheduled during the periods of the month when the monthly price of exchange electricity is more affordable than average, the energy price will decrease by the amount of the usage impact.
Välkky Electricity contract also has a fixed monthly basic fee that is not dependent on the amount of your company's electricity consumption.
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.
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 |