Easy and fast electricity contract comparison

Compare electricity contracts in five minutes and save up to hundreds of euros a year.

Electricity comparison is an easy way to save money in Finland

Comparing & ordering a new electricity contract is one of the easiest ways to save on everyday essentials in Finland. Electricity contract comparison competitions are quick and easy with our site's comparison engine, and by competing your current electricity contract you can save up to hundreds of euros a year. In addition to the standard price electricity contracts, you can also find the latest household contracts on our website. electricity offers

Our comparison engine allows you to compare your current electricity contract with other alternatives to find a new, cheaper electricity contract in minutes. It's usually a good idea to compare contracts at least once a year.


How do I compare electricity contracts?

Electricity is put out to tender by comparing electricity contracts on the market and changing the current contract for a cheaper one. This comparison is easy our comparison engine, which automatically calculates the estimated annual price of electricity contracts and ranks them from cheapest to most expensive. If you do not know the current electricity consumption in your home, you can look at the estimates by type of dwelling from this article.

After comparison, it takes just a few minutes to order a new contract via the product pages. If you wish, you can authorise the new electricity company to terminate the old contract on your behalf, so you don't have to do anything after ordering the new contract. The new electricity contract also has a two-week cancellation period after order confirmation.


Can an electricity contract be put out to tender at any time?

An electricity contract that is valid until now can be replaced at any time with two weeks' notice.

A fixed-term electricity contract cannot be terminated without additional charges. The exception is in the event of a move, in which case you can also terminate a fixed-term electricity contract free of charge.

To avoid extra work, it is worth checking the type of contract you have before comparing. You can check the form of your current electricity contract with your current electricity company.


How much does tendering cost?

Electricity comparison is completely free. The comparison of electricity contracts is done in cooperation with the electricity companies, which means that usage of our site is free of charge for consumers. The maintenance of our service is covered by compensation from the electricity companies.

Electricity price varies significantly between different electricity companies and contracts, and only by comparing can you find the most advantageous contract.


Electricity comparison is an easy way to save money in Finland

Comparing & ordering a new electricity contract is one of the easiest ways to save on everyday essentials in Finland. Electricity contract comparison is quick and easy with our site's comparison engine, and by comparing your current electricity contract you can save up to hundreds of euros a year. electricity offers

Our comparison engine allows you to compare your current electricity contract with other alternatives to find a new, cheaper electricity contract in minutes. It's usually a good idea to compare contracts at least once a year.


How do I compare electricity contracts?

Electricity is put out to tender by comparing electricity contracts on the market and changing the current contract for a cheaper one. This comparison is easy our comparison engine, which automatically calculates the estimated annual price of electricity contracts and ranks them from cheapest to most expensive. If you do not know the current electricity consumption in your home, you can look at the estimates by type of dwelling from this article.

After comparison, it takes just a few minutes to order a new contract via the product pages. If you wish, you can authorise the new electricity company to terminate the old contract on your behalf, so you don't have to do anything after ordering the new contract. The new electricity contract also has a two-week cancellation period after order confirmation.


Can an electricity contract be put out to tender at any time?

An electricity contract that is valid until now can be replaced at any time with two weeks' notice.

A fixed-term electricity contract cannot be terminated without additional charges. The exception is in the event of a move, in which case you can also terminate a fixed-term electricity contract free of charge.

To avoid extra work, it is worth checking the type of contract you have before comparing. You can check the form of your current electricity contract with your current electricity company.


How much does tendering cost?

Electricity comparison is completely free. The comparison of electricity contracts is done in cooperation with the electricity companies, which means that usage of our site is free of charge for consumers. The maintenance of our service is covered by compensation from the electricity companies.

The price of electricity varies significantly between different electricity companies and contracts, and only by comparing can you find the best deal.

Compare electricity contracts and save now

Save on your electricity bill and get a new, cheaper electricity contract today.

Competitive tendering for electricity contracts brings savings quickly

Electricity comparison and changing your electricity contract can easily bring savings. It is worth tendering your contract at least once a year (if it is an open-ended contract) or whenever the end of the contract period is approaching (if it is a fixed-term contract). Electricity price varies significantly between companies and electricity contracts, and electricity comparison offers clear savings, especially for high-consumption households.

Please note these when ordering a new electricity contract

Electricity contract When renewing, there are a few things to bear in mind to avoid confusion or inadvertently taking on a contract that is too expensive. So read these tips before bidding for electricity.

Price guarantee

In some electricity contracts, the price of electricity may change during the contract period. In many cases, such contracts are based on a suspiciously low price during the first month of the contract. First month offer price contracts take advantage of the logic used by many other comparison sites, where the estimated annual price is calculated on the basis of the first month's offer price. This makes the annual price of electricity look much cheaper than it actually will be.

Our website comparison tool always shows the long-term price of the contract, and unlike many of our competitors' sites, our estimate of annual expenditure is based on the estimated price for the whole year - not the first month of the offer. Contract price stability is also clearly stated on our product pages, so you know for sure which contract you are ordering.

In the case of exchange-traded contracts, the formula used is based on actual average prices - for these contracts, it is important to remember that history is not necessarily a guarantee of future prices. The time interval used to calculate average prices is also given on our product pages.

Monthly fee and electricity price

The price of your electricity bill consists of a monthly basic charge and electricity consumption. In a small apartment building, the monthly payment may represent a relatively large proportion of the total electricity bill, while in a single-family house with electric heating, the monthly payment is usually not significant due to the high electricity consumption.

In addition to the electricity price and the monthly fee, you will also have to pay a transmission fee, the amount of which is beyond your control. This transmission fee can be even higher than the price paid for electricity. The amount of the transmission fee always depends on the area in which you live. In addition to the transmission fee and the price of electricity, you will also have to pay electricity tax.

Duration of the contract

There are two types of electricity contracts: fixed-term and open-ended, or what is known as a continuous contract. A fixed-term contract is a contract for a period of one or two years during which the customer or the electricity company cannot terminate the contract. If your current electricity contract is fixed-term, you cannot change your electricity contract even if you find a cheaper one - except if you move house. If you move house, you can also change your fixed-term contract, and moving house is usually the best time to tender for an electricity contract.

A contract of indefinite duration, i.e. a continuous contract, can be terminated by the customer with two weeks' notice. Under such a contract, the electricity company can change the price of electricity with one month's notice.

Different pricing methods for electricity contracts

The price of electricity varies significantly not only between electricity companies, but also between different types of contracts. It is therefore easy to get confused about electricity contracts if you are not familiar with the way they are priced. Here we will go through the most common pricing methods.

Market priced electricity

Market priced electricity is a common type of contract. In exchange-traded electricity, the price of electricity goes Nord Pool electricity exchange price with only the electricity company's own charge on top of the exchange electricity price. You will therefore always buy electricity based on the exchange price, i.e. the price at which the electricity company also buys electricity. The advantage of this type of contract is that you always get electricity at the market price. The disadvantage is exactly the same; the price is always the market price. In Finnish, this means that, depending on your luck, you may get your electricity either cheaper or more expensive than with a fixed-price electricity contract. However, with exchange electricity, you know exactly how much your electricity company is making on your electricity contract all the time. Exchange electricity has also been proven to be the cheapest form of electricity contract over the long term.

General Electricity

Unlike exchange electricity, the price of electricity is always the same for universal electricity. The price of electricity varies according to the time of year and the time of day, while the price of electricity for universal electricity is the same whatever the day, season or time of day. Universal electricity is often the most suitable contract when electricity is largely used during the day and you want to know the price in advance. With universal electricity, you don't have to worry about future price changes on the stock exchange.

Nocturnal, diurnal & dual mode

The terms in the title are generic terms for an electricity contract where the price of electricity depends on the time of day. The price of electricity is cheaper at night in such a contract, and this is intended to encourage people to use electricity when it is generally cheaper. Night-time electricity can be a suitable option where electricity can be used efficiently during the night - for example, to heat large premises. In the right location, night-time electricity can save significant amounts of money compared to general electricity.

Frequently asked questions

Does it pay to put electricity out to tender?

Yes. Competing for an electricity contract can, at best, bring annual savings of up to hundreds of euros.

The time it usually takes to tender for electricity and order a new contract is usually only minutes, so you get good value for money. When tendering, it is always a good idea to compare contracts from several different electricity companies.

When should electricity be put out to tender?

It is always worth tendering for electricity at the end of your fixed-term contract and when you move house. If you have an open-ended contract, you should tender immediately.

In general, open-ended electricity contracts are more expensive than fixed-term contracts. The biggest savings from competitive tendering usually come from switching from an open-ended contract to a fixed-term contract.

In the case of a fixed-term contract, tendering should always be carried out at the end of the contract period. The renewal contract offered by the electricity company is often significantly more expensive than the previous contract, and there can be considerable savings by switching to another company.

In any case, you will have to sign a new electricity contract when you move into your new home, which is the easiest way to save money.

What does the price of electricity consist of?

The final total electricity price consists of on the price of electricity, electricity transmission price and on electricity tax. Of these three, you can tender for the electricity part.

Electricity transmission is always billed according to the local grid company's tariff. It is not possible to change network companies, so transmission prices cannot be subject to competition. The same applies to the electricity tax, which is the same for everyone and therefore cannot be put out to competition.

Electricity transmission, electricity tax and electricity energy prices each account for about one third of the total electricity bill.

The electricity price consists of the electricity price, which is charged according to the electricity consumption, and the basic electricity contract fee.

I don't know the electricity consumption of my home. What should I do?

Depending on your home, you have a few options; you can either:

  • Check your actual electricity consumption from your previous electricity bills
  • Check electricity consumption on the electricity meter
  • Check your consumption on your electricity company's phone app
  • Estimate your electricity consumption according to your type of residence.

Of course, the most accurate way to estimate consumption is to check how much actual consumption has been. However, in a small apartment building, an assessment by type of dwelling is often a sufficiently accurate method for estimating electricity consumption. In many cases, this method is also accurate enough for many other types of dwelling - you can easily compare the impact of consumption on the price of electricity by moving the knob on our comparison table.

Estimates of electricity consumption by type of dwelling:

  • Apartment (district heating) - 2000 kWh / year
  • Small house (no electric heating) - 6000 kWh / year
  • Townhouse (electric heating) - 11 000 kWh / year
  • Detached house (electric heating) - 18 000 kWh / year

How much does it cost to compare contracts?

Electricity tendering is completely free of charge on our website. Only the electricity companies that appear in our comparison are charged for competitive tendering, so consumers do not have to pay anything for using our site.

Can I put electricity transmission prices out to tender?

It is not possible to put the electricity transmission price out to competition. Electricity transmission is always billed by the local grid company, which cannot be changed. Only the price paid for electricity can be put out to tender.

Does the site allow businesses to tender for electricity contracts?

For the time being, we only offer the tendering service to households. It is therefore not possible to tender electricity contracts for businesses, at least for the time being.

How do I order a new electricity contract?

Once you have found the most suitable electricity contract for you in the comparison table, you can order a contract via the "Go to order" button on the product page.

The way we work varies slightly between different electricity companies, so depending on the company, you can either go to their website or use the order form on our website to order a contract. From the order form on our website, orders are automatically delivered to the selected electricity company.

How do I terminate an old electricity contract?

When you subscribe to a new electricity contract, the new electricity company will usually cancel your old contract automatically. However, this does not apply to fixed-term electricity contracts - it is not possible to terminate a fixed-term contract in the middle of the contract period, except when you move house. Always check the type and termination method of your old electricity contract before ordering a new one.

Can you buy electricity anywhere?

If you live in mainland Finland - that is, anywhere other than Åland - you can buy electricity from almost any electricity company. Only the smallest, locally operating electricity companies want to sell electricity mainly to local residents.

The electricity companies we compare sell electricity throughout mainland Finland, so you can compare electricity contracts on our site in the same way, whether you live in Helsinki, Inari, or any other municipality in mainland Finland.

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