In the prices of fixed -term electricity agreements, a clear drop – we went through what is now available

On Wednesday The stock market price of the electricity again stumbled upon at the heights and some of those who chose the stock market could consider other options. They are available and at a cheaper price.

Prices for fixed -term electricity agreements have fallen significantly over the past year. A year ago in January, the cheapest two -year fixed -price contract cost 9.49 cents per kilowatt hour.

On Wednesday, the cheapest completely fixed two-year fixed-term price on Sahkonhinta.fi was 7.96 cents per kilowatt hour. The price is roughly the same as in December.

Cheapest On Wednesday, the two -year so -called hybrid agreement cost 7.20 cents per kilowatt hour. In December, the cheapest hybrid agreement was 7.39 cents.

In the hybrid agreement, the final price of electricity depends to a some extent on the timing of electricity consumption in relation to the electricity market price. According to HS’s own and other reports, it can be said that scheduling is difficult to get below the starting price of the contract.

If the price is below the fixed fixed -term contract price, the hybrid agreement is still profitable.

Energy Agency benchmark You can now choose a separate list of both fixed and hybrid contracts. There are also shorter than two years of fixed term.

For the year’s contract, the cheapest fully fixed price was 7.58 cents on Wednesday. The cheapest hybrid agreement for the year cost only 6.90 cents.

On average last year, the taxable stock price of electricity was already close to the pre -energy crisis level, or about 5.7 cents per kilowatt hour. Electricity prices were upset since the fall of 2021, when energy imports from Russia to the EU decreased before the Russian attack on Ukraine.

In Finland, the electricity market has also changed in terms of features during the crisis, as wind power capacity has tripled rapidly. Before the energy crisis, the price of electricity was relatively stable.

Now the variation is very strong depending on the wind and temperature.

Year Then, nearly a third of Finns still bought electricity with a stock exchange agreement. However, it is easy to protect yourself from a fixed -term electricity contract.

They are more expensive than stock market electricity, as the electricity company carries the risk of variation in prices far ahead. The companies protect their electricity in the derivative market or bilateral electricity purchase agreements.

Indeed, a fixed -term contract is an insurance in nature. Its “insurance price” can be estimated by comparing last year’s actual stock market price and a fixed -term price available.

With electric heating In a detached house with a consumption of 18,000 kilowatt -hours per year, stock market electricity would have cost EUR 1,176 last year.

With Wednesday’s cheapest fixed two-year contract (Northeast Satakunta Electricity), the same amount of electricity would now cost € 1,486. The cost of the insurance would thus be € 310 per year.

The calculation is made at the average price of the stock market electricity. It takes into account the margin and a monthly basic fee charged by the electricity company’s stock market electricity. For example, Helen charges a margin of 0.49 cents per kilowatt hour.

The basic fee for stock market electricity is EUR 4.96 per month. Northeast Satakunta’s fixed-term electricity contract is EUR 4.52 per month.

Comparison Does not tell the ultimate truth, as there is no information on the next two years of stock market prices. In practice, it can also be difficult for an electric heater to reach the average stock market price, as consumption wants to focus on winter and more expensive hours.

In addition to the price of electricity, the total price of electricity consists of electricity transfer fee, possible power fee and electricity tax. Electricity can be purchased from any electricity seller in Finland. The transfer must be purchased from the company in which the site is located.