On this page, we have compiled all the things you need to consider when comparing electricity contracts. Find the best and most affordable electricity contract for you from our selection, and order electricity easily online.
The most affordable and best electricity contract is not the same for everyone. That’s why we offer our customers a variety of contracts to compare, so you can find the electricity contract that suits you best.
The spot price (cents/kWh) refers to the hourly regional price for Finland announced by the Nordic electricity exchange Nord Pool. It is usually high on weekday mornings and afternoons when electricity demand peaks. Market electricity is traditionally cheap at night and on weekends or, for example, when there is a lot of wind power available.
You can conveniently monitor the spot price via Vaasan Sähkö’s mobile app.
The next day’s spot prices are announced the day before, allowing you to plan your electricity usage in advance.
Learn more about Exchange Electricity.
Varpu has an electrically heated home. She has installed automation in her water heater, so the water heats up during the cheapest hours of the day automatically. Varpu’s smart electric car charger charges the plug-in hybrid car on the same principle.
Varpu actively monitors the spot price of electricity. Windy days, when electricity is cheap, are laundry days. Paju uses the oven on weekends.
You can affect your electricity bill with personal impact adjustment. If you use electricity when the market price is low – usually at night, on weekends, and when there is plenty of wind power available – your personal impact is negative, and your energy fee decreases. If your consumption is higher during weekday afternoons and mornings, when the market price is traditionally high, the personal impact increases the final energy price.
The energy fee protects the customer from high average market prices. Market prices are not directly reflected in the customer’s bill. Only whether consumption is weighted towards cheaper or more expensive hours than the monthly average affects the final price.
Learn more about the Influencer contract.
Varpu has timed her water heating to the cheapest hours of the day using a relay installed in the electric boiler. She is a night owl and does laundry in the evenings after the children have gone to bed. The spot price is usually low at these times, and the personal impact reduces the final energy fee. Thus, the personal impact is negative.
Varpu loves baking. On weekends, the oven is hot for many hours. The spot price is usually lower on weekends than on weekdays, and Varpu benefits from the Influencer contract.
Jarkko lives a busy student life and mainly sleeps in his studio apartment. He only thinks about electricity when paying the bill. He has no time or interest in optimizing his electricity usage. He does laundry and plays PlayStation whenever he happens to be at home.
Order Basic electricityOrder Wind Power
Tuisku likes to plan monthly expenses in advance and has therefore chosen a fixed-term electricity contract. Tuisku’s electricity consumption is quite steady, so he always knows almost exactly what the next electricity bill will be. Green values are important to Tuisku, and that’s why he has chosen a fossil-free contract.
Living arrangements typically affect electricity consumption and thus which electricity contract is the most affordable and sensible choice for your home.
Electricity consumption in a detached house depends largely on the heating method. Homes with direct electric heating consume a lot of electricity due to electric heating. Heat pump solutions also consume electricity. If there are several residents, washing machines and dishwashers are used frequently. An electric car adds to consumption even more.
Townhouses follow similar consumption patterns to detached houses because the heating method can also be electric heating or another type.
Heating generally does not affect the electricity bills of apartment, as apartment buildings are often heated with district heating. Therefore, electricity consumption in apartment buildings is usually quite low.
The Influencer contract can also bring a negative personal impact and savings to apartment electricity bill if they schedule their consumption – for example, doing laundry and running the dishwasher – during cheaper hours.
Climate Electricity is suitable for apartment dwellers who want to lock in the price and use fossil-free electricity.
If you want to keep electricity matters as simple as possible, choose fixed-price and open-ended Wind Power or Basic Electricity.
Choosing green electricity is an easy eco-friendly act. We offer both emission-free and 100% renewable electricity. Compare our green contracts:
With Vaasan Sähkö’s Basic Electricity and Wind Power contracts, you benefit from decreases in the market price, and at the same time you are protected against rapid increases in the market price. The price fluctuations are not as large as with a contract based solely on the electricity exchange price.
Typically, electricity is cheaper from March to September and more expensive during the winter months.
An Influencer electricity contract is suitable for you if:
An Influencer contract is best for those who can time a significant portion of their consumption to periods when electricity is cheapest. Typically, this means higher electricity consumption during nights and weekends.
Influencer is particularly suitable if you have:
With normal usage, the scale of the user’s own influence on the price typically varies around +/- 2 cents per kWh – so price fluctuations aren’t enormous even if you don’t closely monitor your consumption.
General electricity is suitable for homes with no electric heating or with low electricity consumption, which mainly takes place in the daytime. The price of general electricity is the same regardless of the time of day or season. General electricity is a product that usually fits homes in blocks of flats and terrace houses, detached and semi-detached houses heated with oil, wood or ground heat as well as holiday homes.
Night-time electricity is suitable for homes and premises that use electric heaters and that consume a lot of electricity at night. Night-time electricity comes in two price ranges, daytime and night-time prices, with night-time electricity being more affordable. This product is intended for customers whose current metering is based on the time division of day/night.
Season-rate electricity is suitable for properties that consume a lot of electricity, mainly in the summer. Season-rate electricity comes in two price ranges, a price for winter weekdays and other times, with other times being more affordable. This product is intended for customers whose current metering is based on the time division of winter weekday/other times.
The average price depends on the cost of the hours during which you use electricity at a given location and how much has been consumed during each hour. It is typical for exchange electricity that some hours are more affordable than others. The average price of your contract depends on whether your electricity consumption takes place during cheaper or more expensive hours.
If you use electricity in multiple locations, each with an Exchange Electricity contract, the actual average price is likely to be different for each of them.
Therefore, the average price is based on the consumption of each individual location, which varies and is unique. This also enables you to lower the average price of your contract by controlling how much electricity you use and when.
Follow the average price in the app
The price of exchange electricity showed on the invoice is the average price for the entire month. In the Vaasan Sähkö app, you can easily see the actual average price for the past month. If you are interested in the average price for the current month, you can also track it in the app. If doing so, please note that the final average price is determined only after the end of the respective calendar month.
In Basic Electricity, the only way you can influence the size of your electricity bill by consuming less energy. However, with Basic Electricity you know the exact energy price in advance.
Influencer allows you to consume the same amount of energy and still get a discount thanks to being able to control your own influence on the price through smarter timing of your electricity consumption.
In Influencer, the base level of energy charge is lower than Basic Electricity. On the other hand, the energy charge in Influencer may rise higher than with Basic Electricity if you use a larger portion of electricity when it is most expensive.
Vaasan Sähkö’s Influencer pricing is primarily based on a fixed energy price, to which the customer’s own influence on the price is added. When you use electricity during the times when the spot-price of electricity is low, your own influence on the price decreases, resulting in savings for you.
Because of this, the price fluctuations for Vaasan Sähkö’s Influencer contract are smaller than with an exchange electricity, spot-priced contract.
With an exchange electricity contract, the energy price you pay is based on the hourly pricing of the energy exchange, which can vary quite a lot from hour to hour or day to day.
The energy price (cents per kWh) of Vaasan Sähkö’s Exchange electricity changes hourly.
On your electricity bill, you will only see the actual monthly spot average price, which is weighted according to your electricity consumption. Because of this, the average price varies with each invoice.
The basic fee for Exchange electricity (the monthly price) and our billed margin (the commission) are more stable. If you intend to change them, we will inform you well in advance so that you can terminate your contract if you wish before the new price takes effect.
Buying green electricity is easy! When you sign an electricity contract, you can choose either our indefinite-term Wind Power or Exchange electricity Wind or a fixed-term Climate Electricity contract.
An indefinite-term contract
A fixed-term contract
