Electricity price in Finland today
On Monday 26 October, electricity in Finland costs 0.57 c/kWh on average incl. VAT. The cheapest clock hour is 04:00–05:00, at 0.01 c; the most expensive is 16:00–17:00, at 1.30 c. On Monday 26 October, electricity in Finland costs 0.46 c/kWh on average excl. VAT. The cheapest clock hour is 04:00–05:00, at 0.01 c; the most expensive is 16:00–17:00, at 1.04 c.
Prices in c/kWh (1 c = €0.01) · times in Helsinki time
Price now
17:45–18:00 · prices published Sun 25 Oct 14:16
1.040.83 c/kWh incl. VATexcl. VAT
Average today 0.570.46 · 0.280.23 c higher than yesterday (avg 0.290.23)
Prices are very low all day, under 3.763 c. Levels only compare prices within the day: “Expensive” means more expensive than this day’s average, not expensive in general.
Cheapest clock hour ahead: tomorrow 23:00–24:00 · 0.270.22 c
When is electricity cheapest?
Cheapest continuous period from now, past midnight too once tomorrow's prices are out. Average price incl. VATexcl. VAT, c/kWh.
- 1 hour tomorrow 23:00–24:00 in 29 h 10 min average 0.270.22 c
- 2 hours tomorrow 02:15–04:15 in 8 h 25 min average 0.310.25 c
- 3 hours tomorrow 01:45–04:45 in 7 h 55 min average 0.310.25 c
- 4 hours tomorrow 01:15–05:15 in 7 h 25 min average 0.320.25 c
Most expensive clock hour left today: 17:00–18:00 (1.190.95 c)
Price through the day
Now 17:45–18:00 · 1.040.83 c/kWh incl. VATexcl. VAT
c/kWh incl. VATexcl. VAT, per quarter hour. Colours compare each price with the day’s average; a price is marked as expensive only if it is above the average by at least 1.261 c.
Why is electricity cheaper than usual today?
Today's average price is 0.570.46 c/kWh incl. VATexcl. VAT, 88% lower than the average of the last 30 days, which was 4.893.90 c. In general, Finnish prices fall when it is windy, often close to zero or below, especially at night and at weekends.
Price hour by hour
| Time | Price | :00 | :15 | :30 | :45 | Level |
|---|---|---|---|---|---|---|
| 00:00–01:00 | 0.190.15 | 0.190.15 | 0.180.14 | 0.190.15 | 0.190.15 | Cheap |
| 01:00–02:00 | 0.160.13 | 0.180.15 | 0.150.12 | 0.160.12 | 0.150.12 | Cheap |
| 02:00–03:00 | 0.070.05 | 0.090.07 | 0.070.06 | 0.060.05 | 0.060.05 | Cheap |
| 03:00–04:00 | 0.060.05 | 0.040.03 | 0.050.04 | 0.070.06 | 0.090.07 | Cheap |
| 04:00–05:00 | 0.010.01 | 0.010.01 | 0.010.00 | 0.010.01 | 0.010.01 | Cheap |
| 05:00–06:00 | 0.090.07 | 0.040.03 | 0.100.08 | 0.110.09 | 0.110.09 | Cheap |
| 06:00–07:00 | 0.230.19 | 0.180.14 | 0.250.20 | 0.250.20 | 0.250.20 | Cheap |
| 07:00–08:00 | 0.390.31 | 0.320.25 | 0.340.27 | 0.440.35 | 0.460.37 | Cheap |
| 08:00–09:00 | 0.510.40 | 0.450.36 | 0.500.40 | 0.540.43 | 0.540.43 | Normal |
| 09:00–10:00 | 0.840.67 | 0.700.55 | 0.750.60 | 0.960.76 | 0.950.76 | Normal |
| 10:00–11:00 | 0.870.69 | 0.700.55 | 0.880.70 | 0.960.76 | 0.960.76 | Normal |
| 11:00–12:00 | 0.880.70 | 0.940.75 | 0.880.70 | 0.830.66 | 0.870.69 | Normal |
| 12:00–13:00 | 0.860.69 | 0.850.68 | 0.880.71 | 0.830.66 | 0.890.71 | Normal |
| 13:00–14:00 | 0.880.71 | 0.920.74 | 0.920.74 | 0.780.62 | 0.910.72 | Normal |
| 14:00–15:00 | 0.770.62 | 0.630.50 | 0.650.52 | 0.780.62 | 1.040.83 | Normal |
| 15:00–16:00 | 1.060.85 | 0.840.67 | 0.980.78 | 1.170.93 | 1.261.00 | Normal |
| 16:00–17:00 | 1.301.04 | 1.150.91 | 1.261.00 | 1.411.13 | 1.401.11 | Normal |
| 17:00–18:00 Now hourly average this quarter hour: 1.040.83 | 1.190.95 | 1.281.02 | 1.261.00 | 1.180.94 | 1.040.83 | Normal |
| 18:00–19:00 | 0.720.57 | 0.810.64 | 0.710.57 | 0.700.56 | 0.650.52 | Normal |
| 19:00–20:00 | 0.590.47 | 0.580.46 | 0.590.47 | 0.580.47 | 0.590.47 | Normal |
| 20:00–21:00 | 0.570.45 | 0.610.49 | 0.600.48 | 0.530.42 | 0.530.42 | Normal |
| 21:00–22:00 | 0.480.38 | 0.490.39 | 0.500.40 | 0.470.38 | 0.450.36 | Normal |
| 22:00–23:00 | 0.550.44 | 0.450.36 | 0.530.42 | 0.610.49 | 0.610.49 | Normal |
| 23:00–24:00 | 0.460.37 | 0.480.38 | 0.480.39 | 0.450.36 | 0.430.34 | Normal |
Past prices
About the prices
Source: ENTSO-E Transparency Platform. "With VAT" includes 25.5% VAT.
Last updated .
What is spot electricity (pörssisähkö)?
Spot electricity, also called exchange electricity (pörssisähkö), is a contract that follows the price on the power exchange, set a day ahead. All of Finland is one price area, so the spot price is the same in Helsinki and in Rovaniemi. Since 1 October 2025 there is a price for every 15 minutes (varttihinta).
On a spot contract you pay this price plus the seller's margin (marginaali) and a monthly basic fee (perusmaksu). On a fixed-price contract (kiinteä hinta) the exchange price does not change what you pay.
How is the price set?
Bids for every quarter hour of the next day close at 13:00 Finnish time (12:00 CET). One European algorithm sets the prices of all connected areas at once, within the capacity of the links between them, and the results come out around 14:00 Finnish time.
Finland often shares its price with northern Sweden or Estonia; the Aurora Line to northern Sweden, opened in November 2025, added more room. When the links to Sweden or Estonia are full, Finland gets a price of its own, which can be far lower on windy days and far higher on cold, calm ones.
What moves the electricity price in Finland?
Nuclear power, with Olkiluoto 3 running since 2023, gives Finland a steady base, and wind power has grown fast. So the weather decides a lot: strong wind can push the price to zero or below, while a calm, freezing day with high heating demand can bring sharp spikes.
Imports from Russia ended in 2022, so the links to Sweden and Estonia matter more than before. Maintenance at the nuclear plants, usually between spring and autumn, can raise prices. Within the day the morning and evening are usually the most expensive, and nights and weekends cheaper.
What else is on an electricity bill in Finland?
Besides the energy you pay a siirtomaksu (network fee) to your local network company, such as Caruna, Elenia or Helen Sähköverkko, which you cannot choose. It has a monthly basic fee and a price per kWh; these three companies also offer a time-of-day product (yösiirto or aikasiirto) with a cheaper rate from 22:00 to 07:00. Electricity tax (sähkövero), with a small security-of-supply fee, is on the network bill too. The seller adds its margin and basic fee. VAT is 25.5% on all of it.
Questions and answers
How much does electricity cost in Finland?
The spot price here is the energy part, in euro cents per kWh, the same for all of Finland. It changes every 15 minutes and on some days swings from below zero to many times the average. Your network company's siirtomaksu (network fee), sähkövero (electricity tax), the seller's margin and 25.5% VAT come on top. Network fees differ between companies, so we don't show a total.
How much is the electricity tax in Finland?
For households (tax class I) it is 2.325 c/kWh excl. VAT since 1 April 2026: 2.24 c of electricity tax plus a security-of-supply fee of 0.085 c. With 25.5% VAT that is about 2.92 c/kWh. Your network company bills it together with the siirtomaksu.
Why does the electricity price in Finland swing so much?
Finland has a lot of wind power and steady nuclear power, but little flexible power for a calm, freezing day. On windy days the price can fall to zero or below for hours. On calm, cold days it is set by what can still come in from Sweden and Estonia, or by the last, most expensive plants, and an outage at Olkiluoto or a cable fault makes it worse.
When is electricity cheapest today?
See the cheapest 1 to 4 hours in a row above. In Finland the price is usually lowest at night and at weekends, and on windy days it can stay low around the clock. The morning and evening are usually the most expensive. On a spot contract it pays to time the sauna, laundry or EV charging for the cheap hours.
Is a spot electricity contract (pörssisähkö) worth it?
It suits you if you can move heavy use to the cheap hours and can live with the occasional price spike: you gain when prices are low, but you pay the expensive hours in full. A fixed-price contract (kiinteä hinta) keeps the price the same for an agreed period instead. Some sellers also offer mixed contracts, part spot and part fixed.
Is the spot price the same with every electricity company?
Yes. Every seller passes on the same exchange price, and all of Finland is one price area. Spot contracts differ only in the margin, the monthly fee and their other terms.
Why can the price be negative in Finland?
When wind power produces more than Finland can use or export, the price can drop below zero, sometimes for many hours in a row. On a spot contract you then pay nothing for the energy or get a little back, depending on your contract, but the siirtomaksu, electricity tax and basic fees still apply.