Price
0.34c/kWh
Monthly fee
5.95€/mo
- No monthly base fee for the first 4 months
- Fossil-free electricity
- First 4 months, after which €0.54 c/kWh until 31.12.2026, and thereafter €1.99 c/kWh + €5.95/month.
Live Nord Pool spot price
Spot electricity price — today and tomorrow
See the current spot price, cheapest and most expensive hour, and tomorrow's prices as soon as they are published at ~14:00 Finnish time.
Why is the price like this now?
Wind output 11%, nuclear 45%. Renewable share of production: 44%.
What is spot electricity price?
The spot electricity price is the wholesale price of electricity determined on the Nord Pool exchange for each hour. Finland's price is calculated separately as an area price (FI) — it may differ from Sweden's, Norway's or Estonia's if cross-border transmission capacity limits the market.
When you have a spot electricity contract, your energy price follows this hourly market price. Your electricity company adds a small margin (typically 0.3–1.0 c/kWh) and a monthly standing charge. The price shown on Verrokit already includes 25.5% VAT — this is what you pay per kilowatt-hour of energy.
The transmission (delivery to your home) is invoiced separately by your local grid operator — this cannot be competitively tendered.
Why is the price like this? See what powers Finland right now
The composition of electricity production directly affects the spot price: much wind = lower prices, cold winter with little wind = prices peak.
Electricity production right now
Consumption: 8,5 GW · net import: -1,9 GW
- Nuclear3,4 GW (46,1 %)
- Hydro2,2 GW (29,3 %)
- Industrial CHP851 MW (11,5 %)
- Wind819 MW (11,1 %)
- District CHP147 MW (2,0 %)
- Solar1 MW (0,0 %)
How to benefit from the cheapest hours
Spot electricity offers biggest savings when you can shift high-consumption devices to hours when the price is lowest. Practical tips:
- Storage electric heating — set the water heater or storage heater to charge automatically during the cheapest night hours (typically 02–05).
- EV charging — most home charging stations support time control or Nord Pool-based smart scheduling.
- Sauna and household appliances — dishwashers, washing machines and sauna heaters can wait for the evening cheap hours.
- Heat pumps — many air-water and geothermal pumps can boost or throttle depending on price signals via smart controllers.
The difference between the cheapest and most expensive hour is typically 5–15 c/kWh. For a household consuming 15,000 kWh/year, that means hundreds of euros in annual savings just from timing.
Best spot electricity contracts 2026
The cheapest spot contracts from Verrokit's comparison — sorted by energy price margin.
Price
0.34c/kWh
Monthly fee
4.90€/mo
- Monthly base fee of €0 for the first 4 months, after which it will be €4.90/month.
- Margin of 0.34 c/kWh for the first 4 months, after which it will be 0.99 c/kWh.
- For new customers. Max. 50,000 kWh/year.
Price
0.34c/kWh
Monthly fee
5.98€/mo
- After the discount period, margin: 0.68 c/kWh + spot price
- 100% renewable electricity (wind and hydropower)
- Monthly fee and margin -50% for the first 12 months!
Price
0.34c/kWh
Monthly fee
5.95€/mo
- Price after 4 months: 0.54 c/kWh until 31 December 2026. After this, the contract continues at 1.99 c/kWh + spot price + €5.95/month.
- Price valid for new customers only.
Price
0.39c/kWh
Monthly fee
4.90€/mo
- €0 monthly fee for the first 6 months, then €4.90/month.
- 0.39 c/kWh for the first 6 months, then 0.78 c/kWh + the Nord Pool quarter-hourly spot price.
Price
0.50c/kWh
Monthly fee
5.95€/mo
- Basic fee 50% off for 12 months, then €5.95/month.
- The electricity included in the contract is produced fossil-free.
- Contract term: Open-ended.
Frequently asked questions
When are tomorrow's spot electricity prices published?
Nord Pool publishes tomorrow's hourly spot prices on weekdays around 14:00 Finnish time. Once confirmed, prices update automatically to all price comparison services within minutes. Verrokit's chart shows tomorrow's bars as soon as they are available.
How is the spot electricity price formed?
Spot electricity price is determined on the Nord Pool exchange by supply and demand, hour by hour. Prices are affected by production (wind availability, nuclear operation, water reservoir levels), consumption (weather, industrial demand, time of day), cross-border transmission capacity and fuel market prices. Finland's area price may differ from other Nordic countries due to transmission constraints.
Why can spot electricity price be negative?
A negative price means producers pay for the right to feed electricity into the grid. This happens when production (especially wind and solar) is significantly higher than consumption and electricity cannot be stored or transferred fast enough. For consumers, a negative hour means practically free electricity — but standing charges and transmission still cost.
What does the shown spot price include?
The price shown by Verrokit is the spot price with 25.5% VAT already added. The full bill also includes the electricity company's margin (usually 0.3–1.0 c/kWh), the electricity company's standing charge (€0–7/month) and your local grid operator's transmission and standing charges (~4–7 c/kWh + €5–20/month). Transmission is always invoiced separately by the grid operator.
Should I choose spot or fixed-price electricity?
Spot electricity has been the cheapest option in Finland on average over the long term. It especially suits homes with geothermal heating, air-water heat pumps or time-controlled storage electric heating — these automatically benefit from cheap hours. Fixed-price fixed-term contracts provide protection against price risk and suit those valuing budget predictability. Hybrid contracts combine the best of both.
How can I benefit from the cheapest hours?
Schedule high-consumption devices (storage electric heating, EV charging, sauna, hot water heater, dishwasher, washing machine) to hours when the spot price is lowest. Many smart meters have time control that can automatically use the cheapest Nord Pool hours. Differences can be 5–15 cents per kWh, meaning hundreds of euros in annual savings for a heavy consumer.
Electricity price forecasts
Where is the spot price heading — scenarios for late 2026, winter and 2027