Topical news on electricity
Energy issues are of great interest at present, and our Customer Service is exceptionally busy. On this page, we have compiled current information on the energy market and answers to our customers' most frequently asked questions.
Oma Helen serves 24 hours a day
In the Oma Helen service, you can easily deal with your contract and energy matters at any time, just when it suits you best. You can check how much your electricity costs, change the due date of your bill, the number of bills and billing method, track your energy consumption right down to an hourly level, and check your billing history. Download the Oma Helen app from the app store or log into Oma Helen in the browser.
How to save energy
Smart energy usage and cutting back on unnecessary energy consumption are the most effective ways to ensure that there is sufficient electricity in all situations. You will also save on your electricity bills when you rationalise your own energy consumption.
It is easy to start saving energy in your home, for example, by reducing the room temperature, spending less time in the shower, and cutting down on the use of entertainment electronics. It is worth switching off all electricity-consuming devices and disconnecting chargers from the socket when not in use. An electric sauna uses a fair amount of energy, and therefore it is worth avoiding lengthy sauna sessions. In addition, learning the basic principles of ventilation, heating and cooling also help to save energy.
In the Oma Helen service, you can monitor your energy consumption even at the hourly level and learn when your electricity usage is at its highest.
Electricity market situation
The price of electricity is exceptionally high compared to previous years. In everyday life, we may not be used to thinking about electricity, but when prices rise, many people are understandably concerned about the electricity price.
The price of electricity is influenced by a number of factors. The geopolitical situation, Russia's sanctions and the delay in the Olkiluoto 3 plant becoming operational have increased the cost of procuring electricity. In addition, decisions taken in Central Europe, and Germany in particular, to reduce and phase out nuclear power have had an impact on the overall electricity production volumes, and the replacement investments based on renewable energy are not yet sufficient to fully meet demand. The rise in electricity prices is affecting the whole of Europe, and Finland is not alone with the price rises.
VAT on electricity
The Finnish Government has proposed a temporary reduction in VAT on electricity for the period from 1 December 2022 to 30 April 2023. During this period, the tax would be 10% of the electricity price. Normally, VAT on electricity is 24%. The decision is based on increased electricity prices due to the energy crisis.
No official decision has been taken to reduce VAT on electricity, thus the resulting changes are not yet certain. If the decision is implemented according to the Government proposal, the change in VAT will be passed on directly to consumers. The change would happen automatically, and you do not need to contact Customer Service. Currently, the assumption is that the tax reduction will apply to the energy and basic charges, and all Helen's contract types. Electricity prices may still rise because the energy market and electricity spot prices are now in a state of severe flux. With regard to pricing, we actively monitor market price changes and particularly forecasts for the future.
Energy transition increases self-sufficiency
Renewable energy production increases self-sufficiency and reduces the need to import energy from abroad. With the development of renewable energy production and new technological solutions becoming established and scaled, electricity price peaks are also likely to level off.
We are working harder than ever towards energy self-sufficiency. We have backed the development of electricity production with wind power and invested in wind farms in Ostrobothnia, for example. Our strong and reliable electricity network enables the distribution of energy and plays an important role in the energy transition.
Exchange Electricity gives you control of your electricity bill
Helen's supply obligation product, Exchange Electricity, offers the opportunity to control your electricity bill total. Exchange Electricity is an electricity contract in which the electricity price varies from hour to hour according to the electricity exchange spot price . Therefore, the price of Exchange Electricity is always tendered and up-to-date. Typically, Exchange Electricity prices are most economical in the evenings, at night and at weekends. You can control the total amount of your electricity bill by timing your usage for low-cost hours.
Optimise the benefits of Exchange Electricity by tracking the electricity spot price with Fingrid's Tuntihinta mobile app. With the price data, you can reduce electricity consumption when it is expensive and take advantage of the cheapest hours. The app allows you to set a limit for the electricity price, so the mobile app will alert you if the hourly electricity price exceeds the set limit. The free Tuntihinta app is available for phones running Windows, Android and iPhone systems.
Questions about the customership
Oma Helen serves around the clock right when it suits you best. The service allows you to deal with anything concerning your electricity contract conveniently. For example, you can check the details of your current electricity contract and how much your electricity costs, change the due date of your bill, the number of bills and the way you are billed, view your billing history, transfer your current contract to a new address, and change your contact details. Oma Helen also gives you a comprehensive overview of your energy usage and production, down to an hourly basis. You can use Oma Helen either in your browser or through the mobile app.
Log in to Oma Helen here or download the mobile app here.
You can view the details of your current electricity contract and the price you are paying for electricity in Oma Helen. Among other things, the service also allows you to change the due date of your bill, the number of bills and the way you are billed, view your billing history, transfer your current contract to a new address, and change your contact details. Oma Helen also gives you a comprehensive overview of your energy usage and production, down to an hourly basis. You can use Oma Helen either in your browser or through the mobile app. Log in to Oma Helen here or download the mobile app here.
A fixed-term contract protects against an increase in the price of electricity and guarantees that the price will remain the same until the end of the contract period. If you move during the contract period, you can choose whether to continue with the old contract or make a new electricity contract.
If your electricity contract is for a fixed term and you move, we will continue your contract at the same price at the new address until the end of the contract period. You will receive a new offer about one month before the end of the current contract period.
You can change your contact details, such as your name, phone number and e-mail address, in Oma Helen. In Oma Helen, you can also change the due date of your bill, the number of bills and the way you are billed, for example. At helen.fi, you can notify changes using the contact details change form. Please be sure to notify us of the new billing address, last name or other similar change in one of the above ways, as the changes made at the Local Register Office or Posti do not update our customer information.
You can submit a notification of moving in Oma Helen or on our website. Please remember that the electricity contract is always specific to an address. You can have several contracts in force at the same time at different addresses. You may need power at two places, for example if you are renovating your new home, but still living at your old address.
Make an electricity contract for your new home at least two weeks before moving. This is to make sure that the electricity is connected on the moving day. Start the new contract from the date you want the electricity supply to start. Please let us also know the date on which we should change your billing address. Your old contract ends only when you terminate it yourself or when a new customer makes their own contract at your old address. Terminate your old contract on the date when the removal is completed.
The electricity is cut off at the end of the contract if a new customer has not made a contract.
We will send you a contract confirmation once your local distribution system operator has confirmed the start date of the contract. If you have a valid fixed-term contract with another electricity seller, your contract with Helen will start after it has ended.
The information in the contract confirmation is valid at the time of sending. If you have notified us of changes, they will take effect on the agreed date. For example, a new billing address is updated for the contract when the new contract enters into force.
If you are moving, you can terminate your old contract at the same time as making a contract for the new address. Make a new contract for your new home here.
If you do not need a new contract, please terminate your contract while logged in, using the form here.
Go to the electricity contract for businesses here.
Questions about the electricity bills
You can change the payment date of your electricity bill in our online service. If you are using e-in
You can postpone the due date of your electricity bill in Oma Helen. If your payment history is in order and you do not have any overdue bills outstanding, you can postpone the due date in our online service. If the postpone function does not appear in our service, ask about the facility by phone. The due date of the original bill can be postponed before the bill is due for payment. The due date on a payment reminder cannot be postponed.
The due date can be postponed free of charge once a year. Any further postponements of more than 14 days will be charged at EUR 2.00 when done via the online service or EUR 5.00 over the phone. If you are using e-bills, change the due date also in your internet bank. The due date of a direct debit bill cannot be postponed. Interest for late payment will be charged on bills paid after the original due date.
Electricity distribution and electricity sales are separated from one another. Your local network company is responsible for electricity distribution and will send you a separate bill, and your selected electricity supplier will also send their own bill for the amount of electricity sold. As an exception to this, Helen offers its electricity sale customers in Helsinki a combined bill with Helen Sähköverkko.
The most common billing interval with electricity bills is three months. For a household with electric heating, we recommend having a monthly billing interval so that individual bills will not be too large. If you wish to change the billing interval of your electricity bills, you can do it by logging in to our online service Oma Helen. You can choose between 4, 6 or 12 bills per year.
Helen delivers electricity and district heat bills also to Posti’s OmaPosti service. The agreement on the use of OmaPosti is made with Posti. Our bills that would otherwise be received in the letter post can be directed to OmaPosti.
Please select MobilePay as the billing method in connection with placing the order or change the billing method by contacting the customer service. See further instructions for switching to MobilePay billing.
Electric energy means the energy and service provided by an electricity seller. The amount of energy to be billed is most commonly based on the volume of electricity (kWh) consumed during the billing period.
Electricity transmission is provided by the local distribution system operator. In Helsinki, the operator is Helen Electricity Network Ltd. The function of the electricity network is to transfer electricity produced in power plants to consumers. The electricity network is maintained by the electricity transmission charges. The Energy Authority monitors the charges to ensure they are reasonable.
Electricity tax is paid on the consumption of electricity. The tax consists of excise duty on electricity and a security of supply charge. The distribution system operator bills the electricity tax from the customer along with the transmission charge and passes it on to the government.
The watt-hour (Wh) is the unit of energy corresponding to the wattage output for one hour. Generally, the unit of measuring electric energy is the kilowatt-hour (kWh), which is 1,000 Watt-hours.
Questions about saving energy
Smart energy usage and cutting back on unnecessary energy consumption are the most effective ways to ensure that there is sufficient electricity in all situations. Energy saving is particularly important during consumption peaks. You will also save on your electricity bills when you rationalise your own energy consumption.
It is easy to start saving energy in your home, for example, by reducing the room temperature, spending less time in the shower, and cutting down on the use of entertainment electronics. It is worth switching off all electricity-consuming devices and disconnecting chargers from the socket when not in use. An electric sauna uses a fair amount of energy, and therefore it is worth avoiding lengthy sauna sessions. In addition, learning the basic principles of ventilation, heating and cooling also helps to save energy.
The energy consumption of electrical appliances depends, e.g. on their age, position and way of use. New appliances are often more energy-efficient than old ones. It is possible to view the energy consumption data of especially new electrical appliances in stores that sell household appliances or on the appliance manufacturers’ websites. A power consumption meter installed between the appliance and the socket can be used for monitoring exactly how much energy an individual appliance uses.
Electricity consumption of society is usually at its lowest at night and at weekends. Consumption peaks often take place on weekday mornings and afternoons, during which time it is worth avoiding energy usage. This is especially important when using Exchange Electricity where the price of electricity varies by the hour according to the market price of the power exchange.
It is advisable to set the timer for domestic washing machines to operate at night-time, and it is sensible to charge an electric vehicle during the night. It is also worthwhile to have underfloor heating and other electrical heating appliances on during periods of low price levels. And perhaps go to the sauna only at weekends.
In the Oma Helen service you can monitor your energy consumption even at the hourly level and learn when your electricity usage is at its highest. The service also offers various useful comparisons based on data - for example, reviewing of consumption variations on a monthly level, or the breakdown of consumption for day and night time. Oma Helen can also be used on a web browser in addition to a mobile app. Download the free app from your app store or log in to the browser service.
Questions about the VAT change
The Government has decided to propose a temporary reduction in VAT on electricity. There are no official decisions yet. Therefore, we cannot yet make any statements with absolute certainty. We are waiting for decisions.
Planned period: 1 December 2022 - 30 April 2023
Planned level: For the period from 1 December 2022 to 30 April 2023, VAT would be 10% (normally 24% VAT on electricity).
We understand that this change would apply to all types of contracts, but expect to receive additional guidance from the government.
The change would happen automatically, you do not need to contact Customer Service.
At present, we assume that the change concerns the energy charge and the basic charge, but not the transmission charge and electricity tax.
Questions about the electricity market situation
There are many issues to consider when selecting an electricity contract and company. The electricity market is currently undergoing a serious crisis, which affects all electricity companies. Price changes caused by the crisis affect all electricity contracts, regardless of the type of contract or the electricity company. In Helen's range, you will always find an electricity contract that is just right for you at the market price.
The price of electricity has been extremely volatile recently, and the unstable world situation is not making it easier to predict price developments. The price is affected by a number of factors, such as the production costs and source of the electricity and the general market situation. Electricity price formation is also influenced by matters like the weather, production-consumption balance, world economic situation and the prices of raw materials.
Both the spot prices of exchange electricity and futures prices that predict future electricity prices have risen sharply recently. A fixed-price electricity contract makes predictable monthly or annual electricity costs possible.
Unfortunately, in the current market situation, we are unable to offer a right to switch to a fixed-term contract.
Along with other operators, the situation is challenging also for companies that sell electricity. Helen's risk management competence and operating processes are first class, and we have done well in areas like forecasting and balancing procurement and sales and fixing contract prices. Even in this situation, we are able to sell and supply electricity reliably and responsibly.
Electricity prices are currently rising purely as a result of rising market prices, and this is not based on increased margins. Helen always acts responsibly and taking a long-term view: at worst, selling at a loss could lead to the company no longer being able to operate.
Exchange Electricity is becoming increasingly popular. With the help of Exchange Electricity, our customers have been able to reduce their consumption by 15%, a very considerable amount which is reflected in our customers' costs.
Even small choices and everyday actions can have a significant impact on your electricity consumption and thus on the size of your electricity bill. Energy consumption is affected by factors like the size of the home, number of residents, usage habits, and the number, age and condition of electrical appliances. Helen encourages its customers to save energy. Please see our savings tips for the exceptional situation here:
Questions about products
Helen's supply obligation product for consumers is Exchange Electricity.
Basic Electricity is no longer available for new sales. Current Basic Electricity contracts will remain in force.
We develop our product portfolio continuously to suit the market situation and customer needs. At the moment, with electricity prices fluctuating widely, we as a society need to shift consumption away from price spikes. Exchange Electricity provides the best framework for this.
With Exchange Electricity, you can control your electricity bill by consuming electricity when the price is low. Based on our data, customers who have switched to Exchange Electricity have reduced their consumption by 15%, a very considerable amount which is reflected in our customers' costs.
No, it is not. The Exchange Electricity contract is permanent. If you wish, you can terminate your Exchange Electricity contract by giving two weeks' notice.
As an Exchange Electricity customer, you benefit from watching your consumption. We recommend using the Oma Helen service, which gives you a comprehensive overview of your energy usage down to an hourly basis. With the help of Oma Helen, you can easily optimise your electricity usage. For example, you can set the dishwasher, washing machine and tumble dryer to operate at night, as well as charging the electric car, and the sauna can be heated at weekends. If you heat your home with electricity, it pays to have it on when the price is low or moderate. Electricity prices are usually lowest at night and at weekends.
We also recommend the Fingrid Tuntihinta mobile app, which allows you to track the electricity spot price. With the help of price data, you can reduce your electricity usage when it is expensive and take advantage of the cheapest hours. The app allows you to set a limit for the electricity price, so the mobile app will alert you if the hourly electricity price exceeds the set limit. The free Tuntihinta app is available for phones running Windows, Android and iPhone systems. More on the Fingrid website.