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Hehku Pörssi (market price)

Make the most of low hourly electricity prices

Q: What is exchange electricity, market price or spot price?

Hehku Pörssi is an exchanged electricity contract where the electricity price is determined hourly for each day. Market price means that electricity is sold and bought – exchanged – in the Nord Pool electricity market, where the electricity price is determined according to demand and supply. The electricity market then sets the hourly price for each hour of the day, which is called spot price. The prices for the next day are determined one day ahead depending on the market. If you make an electricity contract where the kWh price is based on market price, it usually refers to this hourly variable spot price. In practice, your energy price varies hourly. You can track the spot prices and optimize your energy consumption to the hours when the market price is low.

Q: How is the electricity price formed in a market-priced energy contract?

The price of energy varies hourly in the Nord Pool energy exchange according to the prices of the Finnish market. You can check the current and upcoming energy prices in Nord Pool's website. This hourly price is called spot price . Usually energy companies add their margin on top of the spot price, plus a fixed monthly basic fee. So, the energy price per kWh is the spot price plus the margin. The monthly fee is fixed and your energy consumption doesn't affect it.

Save money by optimizing your electricity consumption.

0,44 c/kWh

+ hourly spot price
+ basic fee €2,50 /month
incl. VAT 25,5 %

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Optimize your electricity consumption to the low cost hours and save money

Your elecricity price is always up to date

No long-term commitments

Market price is always up to date

Hehku Pörssi is an electricity contract that follows the electricity market price (so called spot price). The price per kWh varies hourly according to the current market price in the Nor Pool electricity exchange and it sets the hourly price for the Finnish market.

With this contract type, you can optimize your electricity consuption and benefit from the low market prices. The downside is the risk of price volatility. While prices can drop low, they can also climb high.

With Hehku Pörssi, you don't commit to long contract terms. You can terminate the contract with a 14-day notice.

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