Guide
Fixed electricity contract 2026
On a fixed electricity contract the price stays the same throughout the contract period. No surprises on your bill - learn how to pick the best contract.
Compare fixed electricity contracts
Find the cheapest fixed electricity contract
Predictability
You know the price in advance - easier budgeting.
Price protection
Protects against rising market prices during the contract period.
Choice of length
Pick the contract length: 1, 2 or 3 years.
Fixed contract prices in 2026
Fixed electricity contract prices reflect the market's future expectations. In 2026 fixed contract prices are at a moderate level compared with the 2022-2023 energy crisis.
Typical fixed prices in 2026:
- 1-year contract: 7-12 cents/kWh
- 2-year contract: 6-10 cents/kWh
- 3-year contract: 5.5-9 cents/kWh
Prices vary by provider and market conditions. Always compare several offers before deciding.
How does a fixed electricity contract work?
On a fixed electricity contract the price is agreed at signup and stays the same throughout the contract period. Market price changes do not affect your price - you don't benefit from falling prices but you're protected from rising ones.
What makes up the fixed price:
- Energy - Fixed cents/kWh for the whole period
- Monthly fee - Fixed €/mo
- Distribution - Grid operator fee (may change)
- Taxes - Electricity tax and VAT (may change)
It's important to note that even though the energy price is fixed, distribution and taxes may change during the contract period. These are not under the provider's control.
Fixed vs spot comparison
There are significant differences between a fixed electricity contract and spot pricing. The choice depends on your situation and risk tolerance.
| Feature | Fixed | Spot |
|---|---|---|
| Price | Same throughout the contract | Varies hourly |
| Predictability | You know the price in advance | Price is revealed daily |
| Risk | No price risk | Risk of price spikes |
| Flexibility | Fixed-term (1-3 yrs) | No commitment |
| Long-term price | Contains a risk premium | Often cheaper |
Read more about spot pricing in our spot-price guide.
Who is a fixed contract for?
A fixed contract especially suits:
- Those who value predictability and want to know the bill in advance
- Busy people who don't want to follow electricity prices daily
- Large consumers for whom easy budgeting matters
- Risk-averse users who want to be protected from price spikes
When is a fixed contract worthwhile?
A fixed electricity contract is especially sensible in four situations:
1. Market prices are low
When the market price of electricity is historically low, a fixed contract locks in the cheap price. In that case it's worth considering a longer 2-3 year contract.
2. Consumption is high
An electrically heated detached house can consume 15,000-25,000 kWh per year. At that volume even a small price spike can raise the monthly bill significantly. A fixed contract brings safety.
3. Budget is tight
If predictability of the electricity bill matters in your financial situation, a fixed contract eliminates surprises. You know the monthly bill in advance from your usage habits.
4. You don't want to follow prices
The most active consumer benefits most from spot pricing. If you don't want to time consumption or follow hourly prices, a fixed contract is the easiest option.
How contract length affects you
The contract length affects both price and flexibility. A closer comparison of the pros and cons of different lengths:
1-year contract
- Pros: Flexible, you react quickly to market changes
- Cons: Often a higher price per kWh
- Fits: When you want to try a fixed contract or the market is uncertain
2-year contract
- Pros: Good balance between price and flexibility
- Cons: Binds you for two years, cancellation may incur a fee
- Fits: Most consumers - the most popular contract length
3-year contract
- Pros: Typically the cheapest price per kWh, long price protection
- Cons: Long commitment, you don't benefit from falling market prices
- Fits: When the market price is low and you want to lock in the cheap price
Frequently asked questions
What is a fixed electricity contract?
On a fixed electricity contract the price stays the same throughout the contract period. The contract length is typically 1-3 years. You don't benefit from falling market prices but you don't suffer from price spikes either.
Is a fixed contract cheaper than spot pricing?
Fixed contracts are usually slightly more expensive over the long run because the price includes a risk premium. However, they offer predictability and protection against rising market prices.
Can a fixed contract be cancelled mid-term?
A fixed-term contract can be cancelled but may incur a cancellation fee. An open-ended contract can be cancelled with 2 weeks' notice.
What length of fixed contract is worth it?
The length depends on the market situation and your risk tolerance. If prices are low, a longer contract locks in the cheap price for longer. In uncertain times a shorter contract is safer.
What is the price of a fixed contract in 2026?
Fixed contract prices vary by provider and contract length. In 2026 one-year fixed contracts are typically 7-12 cents/kWh and two-year contracts 6-10 cents/kWh.
Can a fixed contract be transferred when moving?
Most providers allow transferring the contract to a new address in Finland. Check the terms with your provider. If you move abroad, the contract usually ends without a fee.
How do I compare fixed contracts?
Compare fixed contracts in Sopimusvahti's price comparison. Consider the energy price (cents/kWh), monthly fee (€/mo) and contract length. Calculate the total cost based on your own consumption.
Is a fixed contract a safe choice?
A fixed contract is a safe choice because you know the price in advance. It especially suits risk-averse users and those who want a predictable bill. The only risk is that the market price falls below the contract price.