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Finnish price

For those who want to save rationally

Make the contract now

What is Finnish price?

Many know that electricity prices in Scandinavia are significantly lower due to existent connections and other reasons.

Therefore, to enable businesses to save even more, we have developed a special pricing system based on Finnish price.

Naturally, this pricing system began to gain popularity rapidly.

Since 2018 nearly 20% of our clients have switched to this method of electricity price calculation.

Businesses operating in other Baltic countries are also taking advantage of favorable Scandinavian electricity prices: We supply electricity with this pricing to 1400 companies in Latvia and 350 companies in Estonia.

What constitutes Finnish price?

This pricing is composed of Fixed price in Finnish zone and difference between hourly Nord Pool electricity exchange prices in Finnish and Lithuanian zones.

Thus, electricity price for the client is calculated by following formula:

Electricity price = Finnish price* + (hourly exchange price in Lithuania - hourly exchange price in Finland)

* Finnish price is the fixed price determined in the contract, which is valid throughout the duration of the contract.

Based on price example presented in the picture, calculation according to the formula would look like this:

Electricity price €/MWh = 39 €/MWh + (37,72 €/MWh – 33,83 €/MWh)

How much can you save?

According to our calculations based on exchange data since 2016 the average price difference between Lithuanian and Finnish markets was only 3,46 €/MWh.

Thus, Lithuanian companies were able to save at least 3 €/MWh on average.

Example:
The company that consumes 100 MWh (or 100.000 kWh) a year would have saved at least 300 € a year.

It is a particularly cost-efficient solution to use the pricing system based on Finnish price in a long term because there are instances when electricity price in Lithuania drops below Finnish market price. In such case, the client saves even more due to negative difference occurred.

Finnish price

Fixed price 0,15 €/kWh (before VAT)*

*Price offer might vary every week or more often due to unpredictable (force major) circumstances

With commitment
Contract term: until 31.12.2025

You will consume Green Energy without ANY extra fee!

Make the contract now

Why is it worth choosing Finnish price?

  • To save in a long term.
  • It is an almost predictable price that at the same time allows to take advantage of favorable market situation.
  • As the component of the price is variable, the final monthly price also varies. Therefore, we recommend this option for the business that are not very sensitive to fluctuations in electricity price, which might have impact on the cost price of goods/services.

Other relevant information

  • The Fixed Finnish price is for one time zone, i.e. in case the company uses meter of two time zones, the price will be calculated for the total amount of day and night electricity consumption.
  • The price of the ESO forwarding service is calculated in the usual way according to the time zones used.
  • Nord pool exchange prices for every hour of the day-ahead, as well as historical prices, are publicly available on internet.

The contract can be made remotely, it is quick and simple

1

Download the contract by clicking „Make the contract now“

2

Fill in and sign with a mobile signature or scan the printed and signed copy

3

Send the contract to energija@enefit.lt. We will sign and return. There is nothing else to do, we will take care of everything.

4

Electricity supply will start from the 1st day of the next month if the contract is made prior to the 10th day of the present month. If the contract is made later, then the supply will start from the 1st day of the second next month.

Maybe you are interested in another electricity pricing offer?

Dynamic price

For companies that expect flexible contract conditions and the best price

More