Business Smart Electricity Guarantee

A 6-month fixed term electricity contract that offers price stability and encourages to save electricity. By steering the electricity usage, Business Smart Electricity Guarantee offers the opportunity to impact on the amount of the electricity bill.

Business Smart Electricity Guarantee can be purchased from January 2, 2023, onwards until March 31, 2023, only from this webpage (cannot be bought through customer service channels). Electricity distribution can start on January 16, 2023, at the earliest.

Frequently asked questions

Price stability and adjustability

Business Smart Electricity Guarantee is a 6-month fixed-term electricity contract where the price is composed of a basic component, which goes up or down depending on whether you use electricity at a time when the price is high or low. Usually, the impact of the usage is between +/- 4 c/kWh. Thus, Smart Electricity offers you a protection towards the high prices in the electricity market and allows you to benefit from lower-cost hours by steering your electricity consumption.

Who can buy this product?

Business Smart Electricity Guarantee is available for company and household customers who operates in Helen’s delivery obligation area*. We will verify that the subscriber is entitled to sign the Business Smart Electricity Guarantee contract. If it turns out that the customer terms are not met, we shall reserve the possibility of cancelling the contract. 

(* Delivery obligation area = every individual usage location that is located in Helen Sähköverkko distribution area, and the yearly electricity consumption is max. 100,000 kWh/year or the main fuse is max. 3 x 63 A.)

Contract information

  • A 6-month fixed term electricity contract, that can be bought between Jan 1 to March 31, 2023
  • Electricity distribution can start on Jan 16, 2023, at the earliest and April 15, 2023 at the latest.
  • The price for the basic component is 18.18 c/kWh and fixed monthly fee €3.22 (vat. 0%)
  • The origin of electricity is based on the production mix of electricity produced in Finland
  • Terms of Contract

Yritys Helen at your service

When you choose Business Smart Electricity Guarantee, register to the free Yritys Helen service. In Yritys Helen, you can monitor your electricity usage and actual invoiced prices, and you will get all the information about any changes in prices and contracts.

Log in to Yritys Helen >>

Business Smart Electricity Guarantee 6 months

Stability and adjustability for your electricity contract by optimizing energy usage
18.18 c/kWh
+/- usage impact
Basic price 3.22 €/month
Order

Composition of the price of Business Smart Electricity Guarantee

The price of the Business Smart Electricity Guarantee contract is composed of the basic component of the electricity price, the impact of usage and the monthly basic charge.

The basic component is the part of electricity price, that sets a basic level for your electricity price. The price is 18.18 c/kWh (vat. 10%).

The impact of usage decreases or increases the amount of the basic component depending on whether you use electricity at a time when the price is low or high.

If the majority of your electricity is consumed during those hours of the day or night when the price of electricity is higher than average, the price of the basic component increases. If, on the other hand, you shift your electricity consumption to hours when the price of electricity is lower than average, the price of the basic component decreases.

By shifting your electricity usage, you can impact the amount of your electricity bill by utilizing lower-priced hours of the day and night.

The fixed monthly basic charge of the Business Smart Electricity Guarantee contract is not dependent on the amount of your electricity consumption.

Example breakdown of the impact of usage

fiksusahko_yritys_donutsi_en.png

  45%  Usage that decreases the price

 25%  Usage that increases the price

 30%  Neutral impact        

Basic component 18,18 c/kWh

Example calculations

Example calculations of the usage impact. In the example, the fixed price part is 18.18 c/kWh. Usage impact in the example is either + 4 c/kWh or - 4 c/kWh.

down.png Minus-72x72.png

You have used electricity during lower-priced periods

Impact of usage: - 4 c/kWh
Energy billing price: 18.18 - 4 = 14.18 c/kWh
+ basic charge: €/month

up.png Plus-72x72.png

You have used electricity during higher-priced periods

Impact of usage: + 4 c/kWh
Energy billing price: 18.18 + 4 = 22.18 c/kWh
+ basic charge: €/month

More information about the electricity contract

How is the impact of usage calculated?

The impact of usage means comparing the hourly prices of your consumption to the monthly average price of electricity in the power exchange. The calculation formula used is (A-B) / E = c/kWh, which gives the impact of usage for the month in question.

A = Your hourly electricity usage (kWh) is multiplied by the hourly price of exchange electricity (c/kWh), after which the products of all hours are added up. As the electricity consumption of different hours and the hourly price of exchange electricity vary to a great extent, the impact of every hour will be taken into account with this calculation formula.

B = Your electricity usage over the whole month (kWh) is multiplied by the monthly average price of exchange electricity (c/kWh). This gives the value for your electricity usage if it complies with the monthly average price of exchange electricity.

E = Your electricity usage over the whole month (kWh)

When figure B is deducted from figure A, you will get the view of how you have consumed electricity in relation to the monthly average price in the power exchange. The figure obtained is divided by the electricity usage of the whole month, which gives you the impact of usage for the past month (+/- c/kWh).

The final figure is either negative, in which case the amount of your electricity bill will be decreased, or positive, in which case it will increase the amount of your electricity bill. The more you are able to shift usage to the lower-priced hours of the month, the greater the saving you will make in view of the monthly average.

Please note, that in this electricity contract the invoiced price of electric energy cannot be negative.

Business Smart Electricity Guarantee - Frequently asked questions

 

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Business Smart Electricity Guarantee will be available to order as from 2 January 2023 on helen.fi and it will be available to order until 31 March 2023. The product cannot be ordered by calling customer services.

In the Business Smart Electricity Guarantee contract, the supply of electricity can start at the earliest on 16 January 2023 and at the latest on 15 April 2023, depending on your current contract situation. The supply of electricity can be started at the earliest after two weeks from placing the order.

Electricity contract valid until further notice from Helen or another electricity company
You can order the Business Smart Electricity Guarantee contract as from 2 January 2023 through helen.fi. The product cannot be ordered by calling customer services

Fixed-term electricity contract from Helen
You can order the Business Smart Electricity Guarantee contract as from 2 January 2023 through helen.fi. The product cannot be ordered by calling customer services. Please check first your current contract price from the confirmation of contract, bill or Yritys Helen service.

Fixed-term electricity contract from another electricity company
You can switch to the Business Smart Electricity Guarantee contract if the competitor’s contract expires by 15 April 2023 at the latest

Fixed-term electricity contract with Helen expires before 2 January 2023 and the new contract has been drawn up with Helen
You can order the Business Smart Electricity Guarantee contract as from 2 January 2023.

Fixed-term electricity contract with Helen expires before 2 January 2023 and the new contract has been drawn up with another electricity company
You can switch to the Business Smart Electricity Guarantee contract if the competitor’s contract expires by 15 April 2023 at the latest

Unfortunately, you cannot order the Business Smart Electricity Guarantee contract. However, you can order Helen’s spot electricity contract for businesses at helen.fi/companies/electricity/spot-electricity

Yes, if the above-mentioned customer terms are met, you can order the Business Smart Electricity Guarantee contract as from 2 January 2023 through helen.fi. The product cannot be ordered by calling customer services.

If the above-mentioned customer terms are met, you can order the Business Smart Electricity Guarantee contract as from 2 January 2023 through helen.fi. The product cannot be ordered by calling customer services.

Basic charge
EUR 3.22/month (0% VAT)

Energy
The price of electric energy is the fixed price proportion of 18,18c/kWh (0% VAT) added by the actual monthly metering point-specific impact of usage at c/kWh The impact of usage varies typically in the range + / - 5c/kWh and is determined according to the timing of your electricity usage in comparison to the monthly average price of the power exchange.

See also


Electricity products for SMEs and associations

We have many different options for companies, who use less than 300 000 kWh per year. See also our climate friendly hydro power and wind power alternatives.


Exchange Electricity