Cheapest electricity contract in Finland 2026 — full comparison and winners by consumption

Looking for the cheapest electricity contract in Finland? The answer depends on your annual consumption, whether you can shift loads to cheap hours, and how much price stability you value. This guide breaks down the winners by household type — apartment, terraced house, detached house, and electric heating — and reveals the hidden costs that make some ”cheap” contracts more expensive than they look.

Cheapest spot electricity contracts right now

Based on marginal (snt/kWh) + basic fee (€/month) with a typical 5 000 kWh annual consumption and Nord Pool FI average 6.5 c/kWh:

1. #1
   Cheap PörssisähköSpotCHEAPEST

   0,32c/kWh4,45€/month+ pörssisähkön varttitunti hinta
   ~33 €/monthestimate at 5 000 kWh/year
   View offer →
2. #2
   Hehku PörssiSpot

   0,33c/kWh4,90€/monthMarginaali 0,33 snt/kWh ensimmäiset 4 kk, jonka jälkeen 0,99 snt/kWh
   ~33 €/monthestimate at 5 000 kWh/year
   View offer →
3. #3
   Luotsi PörssisähköSpot

   0,34c/kWh5,95€/monthEnsimmäiset 4kk, jonka jälkeen 0,54 c/kWh 31.3.2027 asti ja sen jälkeen 1,99 c/kWh + 5,95 €/kk.
   ~34 €/monthestimate at 5 000 kWh/year
   View offer →
4. #4
   Sähkötytöt PörssiSpot

   0,34c/kWh5,95€/monthHinta 4kk jälkeen 0,54 c/kWh 31.3.2027 asti. Tämän jälkeen sopimus jatkuu hinnoin 1,99 c/kWh + spot + 5,95 €/kk.
   ~34 €/monthestimate at 5 000 kWh/year
   View offer →
5. #5
   Ilmasto PörssisähköSpot

   0,48c/kWh5,98€/month+ Pörssisähkön hinta
   ~35 €/monthestimate at 5 000 kWh/year
   View offer →

Cheapest fixed-price contracts right now

Fixed-price contracts lock the price for the entire contract term. Ranked by total annual cost at 5 000 kWh consumption:

1. #1
   Cheap Määräaikainen 24 kkFixed 24 kkCHEAPEST

   9,65c/kWh3,90€/monthSähkösopimus 2 vuodeksi
   ~44 €/monthestimate at 5 000 kWh/year
   View offer →
2. #2
   Cheap Määräaikainen 36 kkFixed 36 kk

   9,49c/kWh5,45€/monthPerusmaksu 0 € ensimmäiset 3 kk, sen jälkeen 5,45 €/kk
   ~45 €/monthestimate at 5 000 kWh/year
   View offer →
3. #3
   Hehku Kiinteä 24 kkFixed 24 kk

   9,68c/kWh4,90€/monthPitkäkestoinen suoja sähkön hinnanvaihteluilta vastaan.
   ~45 €/monthestimate at 5 000 kWh/year
   View offer →
4. #4
   Oomi Kiinteä 24 kkFixed 24 kk

   9,79c/kWh5,90€/month
   ~47 €/monthestimate at 5 000 kWh/year
   View offer →
5. #5
   Ilmasto Mix 24 kkFixed 24 kk

   9,78c/kWh5,95€/monthPerusmaksuton 3 kk
   ~47 €/monthestimate at 5 000 kWh/year
   View offer →

How is ”cheapest” defined?

The cheapest electricity contract is not the one with the lowest snt/kWh price — that’s a common trap. What matters is your total annual cost, which combines three components:

• Energy cost (snt/kWh × annual kWh) — the biggest component for most households
• Basic fee (€/month × 12) — matters most at low consumption (apartments)
• Nord Pool spot — only for spot contracts, added to the margin

For a low-consumption apartment (2 500 kWh/year), a contract with 5,95 €/month basic fee costs 71 €/year in fees alone — significant compared to the energy component. For an electric-heat house (20 000 kWh/year), the same basic fee is trivially small. Always compare total annual cost, not per-kWh price.

Cheapest contract by annual consumption

Apartment (2 500 kWh/year)

For low-consumption apartments, minimizing the basic fee matters most. Look for spot contracts with intro perks (fee-free months) — the annual saving can be 30–70 € in the first year.

1. #1
   Cheap PörssisähköSpotCHEAPEST

   0,32c/kWh4,45€/month+ pörssisähkön varttitunti hinta
   ~19 €/monthestimate at 2 500 kWh/year
   View offer →
2. #2
   Hehku PörssiSpot

   0,33c/kWh4,90€/monthMarginaali 0,33 snt/kWh ensimmäiset 4 kk, jonka jälkeen 0,99 snt/kWh
   ~19 €/monthestimate at 2 500 kWh/year
   View offer →
3. #3
   Luotsi PörssisähköSpot

   0,34c/kWh5,95€/monthEnsimmäiset 4kk, jonka jälkeen 0,54 c/kWh 31.3.2027 asti ja sen jälkeen 1,99 c/kWh + 5,95 €/kk.
   ~20 €/monthestimate at 2 500 kWh/year
   View offer →

Terraced house (5 000 kWh/year)

Terraced houses typically have a mix of electric loads and small heating auxiliaries. Both spot and fixed can work — active consumers with EV or heat pump lean toward spot, passive consumers toward fixed.

1. #1
   Cheap PörssisähköSpotCHEAPEST

   0,32c/kWh4,45€/month+ pörssisähkön varttitunti hinta
   ~33 €/monthestimate at 5 000 kWh/year
   View offer →
2. #2
   Hehku PörssiSpot

   0,33c/kWh4,90€/monthMarginaali 0,33 snt/kWh ensimmäiset 4 kk, jonka jälkeen 0,99 snt/kWh
   ~33 €/monthestimate at 5 000 kWh/year
   View offer →
3. #3
   Luotsi PörssisähköSpot

   0,34c/kWh5,95€/monthEnsimmäiset 4kk, jonka jälkeen 0,54 c/kWh 31.3.2027 asti ja sen jälkeen 1,99 c/kWh + 5,95 €/kk.
   ~34 €/monthestimate at 5 000 kWh/year
   View offer →

Detached house (15 000 kWh/year)

At 15 000 kWh, small energy price differences accumulate to hundreds of euros per year. Long-term fixed contracts (24 or 36 months) become significantly attractive.

1. #1
   Cheap Määräaikainen 36 kkFixed 36 kkCHEAPEST

   9,49c/kWh5,45€/monthPerusmaksu 0 € ensimmäiset 3 kk, sen jälkeen 5,45 €/kk
   ~124 €/monthestimate at 15 000 kWh/year
   View offer →
2. #2
   Cheap Määräaikainen 24 kkFixed 24 kk

   9,65c/kWh3,90€/monthSähkösopimus 2 vuodeksi
   ~125 €/monthestimate at 15 000 kWh/year
   View offer →
3. #3
   Hehku Kiinteä 24 kkFixed 24 kk

   9,68c/kWh4,90€/monthPitkäkestoinen suoja sähkön hinnanvaihteluilta vastaan.
   ~126 €/monthestimate at 15 000 kWh/year
   View offer →

Electric heating (20 000 kWh/year)

Electric-heat households have the strongest case for either the cheapest fixed contract (safety net for winter price spikes) or spot with active load shifting (heat pump programming, water heater timing).

1. #1
   Cheap Määräaikainen 36 kkFixed 36 kkCHEAPEST

   9,49c/kWh5,45€/monthPerusmaksu 0 € ensimmäiset 3 kk, sen jälkeen 5,45 €/kk
   ~164 €/monthestimate at 20 000 kWh/year
   View offer →
2. #2
   Cheap Määräaikainen 24 kkFixed 24 kk

   9,65c/kWh3,90€/monthSähkösopimus 2 vuodeksi
   ~165 €/monthestimate at 20 000 kWh/year
   View offer →
3. #3
   Hehku Kiinteä 24 kkFixed 24 kk

   9,68c/kWh4,90€/monthPitkäkestoinen suoja sähkön hinnanvaihteluilta vastaan.
   ~166 €/monthestimate at 20 000 kWh/year
   View offer →

Hidden costs to watch for

• Intro pricing that expires: some contracts use aggressive first-month or 3-month intro prices that revert to significantly higher normal prices. Always check the post-intro rate.
• Cancellation fees: fixed-term contracts usually charge remaining monthly basic fees if you cancel early.
• Additional service charges: paper billing fee (~2 €/month), reminder fees, some providers charge for physical invoices.
• VAT increases mid-contract: only fixed-price contracts protect from tax changes; toistaiseksi and spot pass changes through.

Contract-switching checklist

• Check your annual consumption from your current bill (kWh/year)
• Compare total annual cost, not per-kWh price
• Note any intro-offer expiration dates
• Check contract term (fixed-term binding period)
• Ensure the new provider handles the switch (typical: 2–4 weeks)
• Cancel old contract only after new one is confirmed (avoid gaps)

Frequently asked questions