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Households pay more for electricity in 2019

Last year households in Finland paid some 4 percent more for power than in 2018.

pistorasia jossa johtoja
A recent Yle poll found that Finns favour nuclear power to fight climate change. Image: AOP

In 2019, Finnish households' electricity bills rose by 33 euros. However Finland’s Energy Authority said that on a European scale, power is still relatively affordable in the country.

The authority also pointed out that electricity prices rose more in 2018 than they did in 2019. Every year, around ten percent of households looking for a better deal switch electricity providers.

Finland’s energy production levels have remained steady for the past two years. Electricity imports from Sweden have meanwhile grown in pace with exports to Estonia.

In 2019, 23 out of 77 electricity network companies raised their prices, with hikes ranging from 3-15 percent. The Energy Authority said price increases mainly hit consumers in eastern parts of the country and in southern Finland beyond the Uusimaa region.

Electricity network companies said they're using 9.7 billion euros between 2014 and 2036 to repair and maintain their networks.

The ongoing mild and relatively snowless winter in southern Finland has meant Finland should have enough energy reserves to make it through the cold season.

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