Guide for residents
Getting an electricity contract when you move to Finland
In Finland you sign two separate agreements for electricity, but you only choose one of them. This guide explains who does what, what a newcomer needs to sign up, and how to pick between spot and fixed pricing. It ends with today's contracts, in English.
Two companies, one bill you can influence
The grid company (verkkoyhtiö) owns the wires to your home. It is set by your address, you cannot choose it, and it charges a transfer fee and electricity tax. Every home has one, and the grid company is obliged to connect you.
The seller (sähkönmyyjä) sells the energy itself. You choose the seller freely, and switching is free. This is the only part of the bill you can shop around for, and the tables on this site compare exactly that.
What you need to sign a contract
- A Finnish address and the move-in date. The contract starts on the day you name; two weeks' notice is the normal minimum.
- A Finnish personal identity code (henkilötunnus). Sellers use it for the credit check and for identifying your metering point. You get it when you register with the Digital and Population Data Services Agency (DVV) or, for many arrivals, through the Tax Administration or Migri.
- If you do not have a personal identity code yet, contact the seller or your grid company directly. The grid company must supply electricity to your home under its universal service duty, and sellers can often open a contract with a passport and a deposit.
- Online sign-up usually asks you to identify with Finnish bank credentials. Without them, call the seller: a phone or email contract is valid too.
Spot or fixed price, in plain terms
Spot (pörssisähkö) follows the hourly exchange price. You pay the hour's price plus a small margin, typically under one cent per kilowatt hour, and a monthly fee. It is the cheapest over time and rewards shifting laundry, charging and heating to cheap hours, but winter months can be expensive.
Fixed (kiinteä) locks the price per kilowatt hour for one or two years. It costs more on average and you cannot leave early without a fee, but the bill is predictable. Newcomers who want no surprises in their first winter often start fixed and switch to spot later.
Spot or fixed price: full comparison
What a bill is made of
Energy (from your seller), margin or fixed price, the seller's monthly fee, the grid transfer fee, electricity tax, and VAT of 25.5 % on everything. For a flat using 2 000 kWh a year the seller's share is roughly a third of the total; for an electrically heated house it is closer to half.
Contracts available today
Both tables come from the operators' current offers and update daily. Prices include VAT.
Spot-price contracts
| Provider | Contract | Margin | Base fee | |
|---|---|---|---|---|
| Vihreä Älyenergia | Verraton | 0.59 cents/kWh | 2.99 €/mo | View -> |
| Vihreä Älyenergia | Vire Tuuli | 0.99 cents/kWh | 2.99 €/mo | View -> |
| Helen | Markkinahintasähkö | 13.45 snt/kWh | 3.98 €/mo | View -> |
| Cheap Energy | Cheap Pörssisähkö | 0.32 snt/kWh | 4.45 €/mo | View -> |
| Hehku | Hehku Pörssi | 0.33 cents/kWh | 4.90 €/mo | View -> |
| Oomi | Oomi Aktiivinen | 0.60 cents/kWh | 4.96 €/mo | View -> |
| Helen | Pörssisähkö | 0.49 cents/kWh | 4.96 €/mo | View -> |
| Väre | Pörssisähkö | 0.49 cents/kWh | 4.96 €/mo | View -> |
Fixed-price contracts
| Provider | Contract | Price | Base fee | |
|---|---|---|---|---|
| Cheap Energy | Pikku Cheap 12 kk | 11.99 snt/kWh | 1.90 €/mo | View -> |
| Väre | Määräaikainen Perussähkö 12 kk | 11.99 snt/kWh | 2.99 €/mo | View -> |
| Väre | Määräaikainen Perussähkö 24 kk | 10.59 snt/kWh | 2.99 €/mo | View -> |
| Cheap Energy | Cheap Määräaikainen 24 kk | 10.18 snt/kWh | 4.45 €/mo | View -> |
| Cheap Energy | Cheap Määräaikainen 36 kk | 10.29 snt/kWh | 4.65 €/mo | View -> |
| Hehku | Hehku Kiinteä 24 kk | 10.28 snt/kWh | 4.90 €/mo | View -> |
| Hehku | Hehku Jatkuva | 14.90 snt/kWh | 4.90 €/mo | View -> |
| Hehku | Hehku Hiilivapaa 24 kk | 10.79 snt/kWh | 4.90 €/mo | View -> |
Your city
Each city page shows the grid company for that area, its transfer fee and the contracts on offer there.
Frequently asked questions
Can I sign an electricity contract without a Finnish personal identity code?
Online sign-up normally requires one. Without it, contact the seller by phone or the grid company for your address: the grid company must supply your home, and many sellers accept a passport with a deposit or advance payment. Get the personal identity code as early as you can, since it also unlocks bank credentials and online sign-up.
What happens if I do not sign a contract before moving in?
The grid company supplies electricity under its universal service duty, but at a default price that is usually higher than any contract you would choose. Sign a contract before the move-in date so the seller starts on day one.
Is there a deposit or credit check?
Sellers run a credit check on the personal identity code. A new arrival has no Finnish credit history, which is normally fine; a registered payment default (maksuhäiriö) can lead to a deposit or a refusal, in which case the grid company still supplies you.
How do I cancel when I leave Finland?
Tell your seller and your grid company the move-out date. Open-ended contracts end with two weeks' notice; a fixed-term contract may carry an early termination fee, though moving abroad is often accepted as a reason to end it.
Written for people living in Finland. Prices in the tables update automatically from the operators' current offers; the rules described were checked in September 2026.