Spot price history
Electricity price in September 2024
The average spot price in September 2024 was 7.03 c/kWh including VAT. The figure is the mean of hourly prices in the Finnish price area over 720 hours. Your seller's margin, the basic fee, distribution and electricity tax come on top.
Average price
7.03 c/kWh
Cheapest day (daily average)
0.07 c/kWh
Most expensive day (daily average)
24.86 c/kWh
Cheapest hour
-0.22 c/kWh
Most expensive hour
59.84 c/kWh
Hours above 30 c/kWh
25 hours
The price was 72% higher than in September 2023, when the average was 4.08 c/kWh.
Monthly average prices in 2024
Monthly average spot prices in c/kWh, incl. VAT. This month is highlighted.
What did electricity cost in September 2024?
The table shows the energy price alone at the month's average for different annual consumptions, as the month's share (1/12 of annual consumption). The cheapest fixed-price contract available right now is shown for comparison. Margin, basic fee, distribution and electricity tax are excluded.
| Annual consumption | Spot (7.03 c/kWh) | Cheapest fixed now (7.49 c/kWh) |
|---|---|---|
| 2,000 kWh (flat) | €11.72 | €12.48 |
| 5,000 kWh (detached house) | €29.29 | €31.21 |
| 20,000 kWh (electric heating) | €117.17 | €124.83 |
The real cost of spot electricity depends on when you use it. Shifting consumption to cheap hours usually lands below the average.
Frequently asked questions
How much did spot electricity cost in September 2024?
The average spot price in September 2024 was 7.03 c/kWh including VAT. The cheapest hour cost -0.22 and the most expensive 59.84 c/kWh.
Why did the price vary so much?
The spot price is set hour by hour on the power exchange by supply and demand. Windy weather and warm days push it towards zero, calm cold spells and plant maintenance push it up. In September 2024 there were 25 hours above 30 c/kWh.
Was spot or a fixed contract the better deal?
The month's average of 7.03 c/kWh shows the direction: if a fixed contract's energy price was above it, spot was cheaper even with flat consumption. Shifting use to cheap hours improves the spot result further.
Where do the figures come from?
Hourly prices are day-ahead prices for the Finnish price area from the sahkotin.fi API, including VAT. Averages are calculated in Finnish time over every hour of the month.
Source: sahkotin.fi (Nord Pool day-ahead, Finnish price area). Prices include VAT. Data updated 3 September 2026.