Compare electricity contracts and find the one that suits best for your needs

The right electricity contract depends on your electricity consumption, your ability to adjust when you use electricity and how much price fluctuation you are willing to accept.

• A fixed-price electricity contract is suitable if you want to know the unit price of electricity in advance. However, a fixed unit price does not mean your electricity bill will be the same every month: your bill also depends on how much electricity you use.
• A spot-price electricity contract is suitable if you accept market price fluctuations and want to take advantage of lower-priced periods.
• A hybrid electricity contract with a consumption impact adjustment may be suitable if you want a fixed base price and the opportunity to influence your final electricity price by adjusting when you use electricity.

With a fixed-price electricity contract, the unit price of electricity (per kWh) remains the same throughout the contract period, regardless of the time of day.

With a spot-price electricity contract, the electricity price follows the Finnish bidding zone price on the power exchange in 15-minute intervals. You pay for electricity according to when you use it, with the margin specified in your contract added to the price.

Witha hybrid electricity contract, the electricity price consists of a fixed base price and a monthly consumption impact adjustment. This adjustment can lower or increase the electricity price depending on when you use electricity in relation to the month’s spot prices.

All options may also include a monthly basic fee.

The cheapest electricity contract always depends on the customer, the time of year and the electricity market. To find the most affordable option for you, consider the following:

Your electricity habits

• You might save money with an spot electricity contract or a consumption-based Hehku Flex contract – especially if you're able to time your usage to cheaper hours. Electricity prices tend to be higher during weekday afternoons and lower in the evenings and at night.
• Prices also vary by season and are usually higher in winter. Does your electricity use change throughout the year?

Your electricity consumption

• Do you live in a small apartment or a larger house? The less electricity you use, the less you'll be affected by fluctuations in hourly market prices.
• If you live in a house, especially with electric heating, it's worth thinking about whether you can shift your usage to cheaper quarter-hours if you choose a spot electricity contract.

Your personal preference

• Do you prefer a stable, fixed price for a set period, or is getting the lowest possible price your main goal? If you're happy to track electricity prices and use electricity during the cheapest quarter-hours, you can save money on your bill with a spot contract. A fixed-price contract, on the other hand, is easy to predict and stress-free.

A low price per kilowatt-hour alone therefore does not tell you which option will be the most affordable for you.

The estimated annual electricity supply cost of a fixed-price contract is calculated as follows:

Annual consumption (kWh) × electricity price (cents/kWh) ÷ 100 + annual basic fees (€).

Account for the duration of any basic fee discounts and any additional services. The future annual cost of spot-price and hybrid electricity contracts cannot be known with certainty in advance, as it depends on future spot prices and when you use electricity.