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Electricity providers

Electricity providers in Finland 2026

Finland has a fully open electricity market — you can choose any electricity retailer regardless of where you live. Below you'll find the providers featured in the Verrokit comparison, each with its own dedicated page covering contract types, prices and customer experience.

There are currently around 60 active electricity retailers in Finland, but most consumers compare just a handful of the largest and most competitive providers. Verrokit features 9 carefully selected electricity providers — each one is licensed by the Finnish Energy Authority and operates nationwide. Energy price (snt/kWh) and the monthly fee (€/mo) differ significantly between providers — switching can save €50–250 per year for an apartment household and €600–1,500 per year for an electrically heated detached house.

Types of electricity providers in Finland

Finnish providers fall into four broad categories. Knowing which category fits your needs makes it easier to choose:

Large established providers

Fortum, Vattenfall and Oomi Energia are the giants — broad contract ranges, reliable customer service, and proven track record. Suit anyone who values stability and brand recognition over absolute lowest price.

Nimble challengers

Cheap Energy, Sähkötytöt and Hehku Energia are newer entrants competing on price and transparent terms. Often the cheapest options, especially for spot contracts with long fee-free intro periods (up to 6–8 months).

Green-energy specialists

Nordic Green Energy and Vihreä Älyenergia focus on 100% renewable or fossil-free electricity. Some include wind-power certificate of origin. Ideal for environmentally conscious consumers.

Versatile Finnish providers

Aalto Energia offers a wide multi-brand line-up (Luotsi, Ankkuri, Huoleton, Tyyni). Strong on customer service and contract variety — good middle ground between large and small.

How to choose the right electricity provider?

Selecting an electricity provider isn't just about the cheapest price — your consumption profile, contract preferences and personal values all matter. Here's how to approach the choice:

  1. Compare price by your actual annual consumption. A low €/mo monthly fee matters most for low-consumption households; a low snt/kWh energy fee matters most for heavy users.
  2. Pick the contract type that suits your life: spot for flexibility and lowest long-term price, fixed-term for predictability, hybrid/Jousto for the middle ground.
  3. Consider the intro offer — fee-free months at the start can save 30–200 € on the first bill cycle.
  4. Check the green credentials if environmental impact matters: certificate of origin, fossil-free, or wind-only.
  5. Review the customer service hours and channels — some providers offer evening/weekend support, others only weekdays.

How to switch electricity provider in Finland

Switching providers is free, takes 2–4 weeks, and the new provider handles everything for you. The three steps:

1

Compare contracts

Use the Verrokit comparison to see all providers ranked cheapest first for your annual consumption.

2

Sign with the new provider

Click "Choose" on the best offer. You'll need your metering point identifier (on your current bill) and personal ID.

3

New provider handles the transition

They contact your old provider, notify the grid operator, and start billing on the agreed start date. No phone calls or paperwork from you.

Read the full step-by-step guide →

Compare all providers in one place

See which provider offers the cheapest electricity for your consumption profile.

Open the comparison →
FAQ

Frequently asked questions

How many electricity providers are there in Finland?
Around 60 electricity retailers are active in Finland in 2026, but most consumers compare only a handful of the largest and most price-competitive providers. Verrokit features 9 carefully selected providers — each one is licensed by the Finnish Energy Authority and operates nationwide.
What is the largest electricity provider in Finland?
By customer count, Oomi Energia (which combines the heritage of Helsinki Energy, Lahti Energy and Oulu Energy) and Fortum are among the largest. Vattenfall is also a major player in the Nordic market. However, "largest" doesn't mean "cheapest" — smaller providers like Cheap Energy often beat the giants on price.
What is the cheapest electricity provider in Finland 2026?
The cheapest provider depends on your consumption and contract preferences. For spot-price contracts, providers like Cheap Energy, Sähkötytöt and Vihreä Älyenergia consistently offer very low margins. For fixed-term contracts, comparing 12 and 24-month variants reveals which provider beats the rest for your specific case. Use the Verrokit comparison with your annual consumption to see the exact cheapest option.
Are Finnish electricity providers reliable?
Yes — every retailer operating in Finland holds a licence from the Finnish Energy Authority (Energiavirasto) and complies with the Finnish Electricity Market Act and consumer protection law. The Verrokit comparison includes only licensed providers. While larger providers have longer track records, all listed providers are trustworthy for entering into a contract.
How do electricity providers differ from each other?
Providers differ in four ways: (1) energy price (snt/kWh) and monthly fee (€/mo), (2) contract types offered (spot, fixed-term, hybrid, ongoing), (3) intro perks (fee-free months, discounted rates), and (4) green credentials (renewable, fossil-free, certificate of origin). Customer service hours and digital tools also vary.
Can I switch electricity providers any time?
Yes — ongoing contracts (spot, ongoing fixed price) can be cancelled at any time with a two-week notice. Fixed-term contracts (6, 12, 24, 36 months) bind you for the agreed period; early cancellation may incur a fee. Once the term ends, you can switch immediately. The new provider handles the entire transfer process for you.
Is switching electricity providers free?
Yes, switching is completely free for the consumer. The new provider does not charge for the switch, and the old provider cannot charge any termination fee on ongoing contracts. Some providers even offer fee-free introductory periods of 3–8 months for new customers, making the switch cheaper than staying put.
What is the difference between electricity sales and grid transfer?
Electricity sales (energy + monthly fee) is what you pay to your chosen retailer — this is switchable. Grid transfer is the fee paid to your local grid operator (e.g. Caruna, Helen Sähköverkko, Elenia) for delivering the electricity to your home — this is determined by your address and cannot be switched. The Verrokit comparison focuses on the electricity sales side, which is the only part you can influence.
How do I find a green electricity provider?
Several Finnish providers focus on green energy: Nordic Green Energy sells only renewable (wind + hydro) electricity, Vihreä Älyenergia offers 100% fossil-free electricity on every contract (with a wind-only Vire Tuuli line for stricter eco-credentials), and Fortum uses only renewable or emission-free electricity in Finland. Filter the Verrokit comparison by green providers to see all options.
Do I need a different provider for my electricity if I have solar panels?
No — you can use any electricity provider with solar panels. To sell excess production back to the grid you need a separate buyback contract (e.g. Vihreä Älyenergia's "Osto", Helen's Pientuotanto, or similar). Most providers offer this as an add-on. Spot-price contracts work especially well with solar: you buy electricity cheaply at night and sell at higher daytime spot prices.
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