Electricity price in Finland on 16 July 2023
· prices in c/kWh (1 c = €0.01) · times in Helsinki time
Average for the day
−0.95−0.76 c/kWh incl. VATexcl. VAT
3.362.70 c lower than 15 July (avg 2.411.94)
- Cheapest hour
- 15:00–16:00 · −7.44−6.00 c
- Most expensive hour
- 00:00–01:00 · 2.011.62 c
- Hours below zero
- 13 h
Prices were very low all day, under 3.723 c. Levels only compare prices within the day: “Expensive” meant more expensive than that day’s average, not expensive in general.
Until 1 October 2025 the day-ahead market traded whole hours, so this day has hourly prices only.
On 16 July 2023, the electricity price in Finland averaged −0.95 c/kWh incl. VAT. The cheapest clock hour was 15:00–16:00, at −7.44 c; the most expensive was 00:00–01:00, at 2.01 c. On 16 July 2023, the electricity price in Finland averaged −0.76 c/kWh excl. VAT. The cheapest clock hour was 15:00–16:00, at −6.00 c; the most expensive was 00:00–01:00, at 1.62 c.
Cheapest hours on 16 July
Cheapest continuous period of the day. Average price incl. VATexcl. VAT, c/kWh.
- 1 hour 15:00–16:00 average −7.44−6.00 c
- 2 hours 14:00–16:00 average −6.83−5.51 c
- 3 hours 14:00–17:00 average −6.55−5.28 c
- 4 hours 13:00–17:00 average −6.10−4.92 c
Most expensive clock hour: 00:00–01:00 (2.011.62 c)
Price through the day
Tap the chart to see the price of an hour · c/kWh incl. VATexcl. VAT
c/kWh incl. VATexcl. VAT, per 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 1.241 c.
Price hour by hour
| Time | Price | Level |
|---|---|---|
| 00:00–01:00 | 2.011.62 | Expensive |
| 01:00–02:00 | 1.711.38 | Expensive |
| 02:00–03:00 | 1.541.24 | Expensive |
| 03:00–04:00 | 0.320.26 | Expensive |
| 04:00–05:00 | 0.010.01 | Normal |
| 05:00–06:00 | 0.000.00 | Normal |
| 06:00–07:00 | −0.05−0.04 | Negative |
| 07:00–08:00 | −0.26−0.21 | Negative |
| 08:00–09:00 | −0.14−0.11 | Negative |
| 09:00–10:00 | −0.26−0.21 | Negative |
| 10:00–11:00 | −0.66−0.53 | Negative |
| 11:00–12:00 | −0.84−0.68 | Negative |
| 12:00–13:00 | −1.62−1.30 | Negative |
| 13:00–14:00 | −4.76−3.84 | Negative |
| 14:00–15:00 | −6.21−5.01 | Negative |
| 15:00–16:00 | −7.44−6.00 | Negative |
| 16:00–17:00 | −5.99−4.83 | Negative |
| 17:00–18:00 | −1.25−1.01 | Negative |
| 18:00–19:00 | −0.14−0.11 | Negative |
| 19:00–20:00 | 0.540.43 | Expensive |
| 20:00–21:00 | 0.320.26 | Expensive |
| 21:00–22:00 | 0.120.10 | Normal |
| 22:00–23:00 | 0.110.09 | Normal |
| 23:00–24:00 | 0.210.17 | Normal |