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Electricity statistics

Electricity price statistics 2024

Monthly SmartSaver statistics for the Finnish price area in 2024.

Start saving
Average SmartScore
4Use electricity with confidence
Average price5.90 c/kWh
Reference price6.58 c/kWh
Maximum saving683 € / 59 %
Comfort saving652 € / 57 %
days366

Monthly price development

Average priceReference pricec/kWh

Monthly statistics

Month Average SmartScore54321Average priceReference priceMaximum savingComfort saving
January39586313.76 c/kWh6.66 c/kWh150 € / 61 %145 € / 59 %
February41861406.60 c/kWh7.05 c/kWh35 € / 39 %33 € / 36 %
March412127007.52 c/kWh6.86 c/kWh31 € / 29 %29 € / 28 %
April51974006.18 c/kWh6.79 c/kWh38 € / 42 %36 € / 39 %
May52253104.46 c/kWh6.74 c/kWh58 € / 79 %55 € / 75 %
June52342104.76 c/kWh6.83 c/kWh49 € / 68 %47 € / 65 %
July53100002.14 c/kWh6.76 c/kWh18 € / 58 %16 € / 52 %
August53100001.55 c/kWh6.59 c/kWh20 € / 76 %18 € / 69 %
September41368127.64 c/kWh6.03 c/kWh85 € / 73 %81 € / 70 %
October42232225.16 c/kWh6.27 c/kWh73 € / 71 %71 € / 69 %
November41764305.97 c/kWh6.30 c/kWh63 € / 62 %60 € / 59 %
December42143305.09 c/kWh6.06 c/kWh64 € / 67 %61 € / 64 %
Year 2024423858422175.90 c/kWh6.58 c/kWh683 € / 59 %652 € / 57 %
January 2024
Average SmartScore
3
Average price
13.76 c/kWh
Reference price
6.66 c/kWh
Maximum saving
150 € / 61 %
Comfort saving
145 € / 59 %
5: 94: 53: 82: 61: 3
February 2024
Average SmartScore
4
Average price
6.60 c/kWh
Reference price
7.05 c/kWh
Maximum saving
35 € / 39 %
Comfort saving
33 € / 36 %
5: 184: 63: 12: 41: 0
March 2024
Average SmartScore
4
Average price
7.52 c/kWh
Reference price
6.86 c/kWh
Maximum saving
31 € / 29 %
Comfort saving
29 € / 28 %
5: 124: 123: 72: 01: 0
April 2024
Average SmartScore
5
Average price
6.18 c/kWh
Reference price
6.79 c/kWh
Maximum saving
38 € / 42 %
Comfort saving
36 € / 39 %
5: 194: 73: 42: 01: 0
May 2024
Average SmartScore
5
Average price
4.46 c/kWh
Reference price
6.74 c/kWh
Maximum saving
58 € / 79 %
Comfort saving
55 € / 75 %
5: 224: 53: 32: 11: 0
June 2024
Average SmartScore
5
Average price
4.76 c/kWh
Reference price
6.83 c/kWh
Maximum saving
49 € / 68 %
Comfort saving
47 € / 65 %
5: 234: 43: 22: 11: 0
July 2024
Average SmartScore
5
Average price
2.14 c/kWh
Reference price
6.76 c/kWh
Maximum saving
18 € / 58 %
Comfort saving
16 € / 52 %
5: 314: 03: 02: 01: 0
August 2024
Average SmartScore
5
Average price
1.55 c/kWh
Reference price
6.59 c/kWh
Maximum saving
20 € / 76 %
Comfort saving
18 € / 69 %
5: 314: 03: 02: 01: 0
September 2024
Average SmartScore
4
Average price
7.64 c/kWh
Reference price
6.03 c/kWh
Maximum saving
85 € / 73 %
Comfort saving
81 € / 70 %
5: 134: 63: 82: 11: 2
October 2024
Average SmartScore
4
Average price
5.16 c/kWh
Reference price
6.27 c/kWh
Maximum saving
73 € / 71 %
Comfort saving
71 € / 69 %
5: 224: 33: 22: 21: 2
November 2024
Average SmartScore
4
Average price
5.97 c/kWh
Reference price
6.30 c/kWh
Maximum saving
63 € / 62 %
Comfort saving
60 € / 59 %
5: 174: 63: 42: 31: 0
December 2024
Average SmartScore
4
Average price
5.09 c/kWh
Reference price
6.06 c/kWh
Maximum saving
64 € / 67 %
Comfort saving
61 € / 64 %
5: 214: 43: 32: 31: 0

Method and data source

In 2024, the average electricity price was 5.90 c/kWh and the reference price 6.58 c/kWh. Maximum saving was €683, or 59 percent, and comfort saving €652, or 57 percent.

Statistics are based on Finnish price-area data and updated in the service once a day. Values are estimates and do not guarantee the saving achieved by an individual household.

How are the prices calculated?

Average price of the year's usage periods
Each day forms a 33-hour SmartSaver period from 15:00 until 23:59 the following day. The yearly figure is the average of the daily period averages.
12-month reference price
Each day gets its own reference price from the 12 full months preceding the start of that month. For example, the reference period for 6 August 2026 is 1 August 2025–31 July 2026. The yearly figure is the average of the daily reference prices.
Why are the prices different?
The figures differ because the usage-period average describes that year's SmartSaver periods, while the reference price describes the rolling general price level over 12 months.
How is the saving potential calculated?

The saving potential is based on scheduling all household devices included in the SmartSaver calculation. It compares their use at the cheapest and most expensive times in the period.

Maximum saving
The difference between the cost at the most expensive and the cheapest possible usage time.
Comfort saving
The difference between the cost at the most expensive usage time and the cost of the cheapest usage period within the comfort window.
Comfort window
A practical device-specific comfort window. The cheapest continuous period matching the device's usage duration is selected within it.

All devices used in the calculation, together with their energy consumption and usage duration, are shown below.

  • Electric vehicle charging40.00 kWh4 h 0 min
  • Plug-in hybrid charging12.00 kWh2 h 0 min
  • Air-source heat pump – heating8.00 kWh6 h 0 min
  • Sauna8.00 kWh1 h 30 min
  • Washing machine1.10 kWh1 h 30 min
  • Tumble dryer2.50 kWh2 h 45 min
  • Dishwasher1.00 kWh2 h 45 min
  • Stove1.50 kWh0 h 45 min
  • Oven2.50 kWh1 h 30 min

Updated:

Device usage assumptions

Long-term saving calculations account for how often devices are normally used and during which months seasonal devices are active.

  • Electric vehicle charging40.00 kWh · 4 h 0 min The calculation uses an assumption of 3 uses per week. Price area: FI · Included in statistics throughout the year.
  • Plug-in hybrid charging12.00 kWh · 2 h 0 min The calculation uses an assumption of 4 uses per week. Price area: FI · Included in statistics throughout the year.
  • Air-source heat pump – heating8.00 kWh · 6 h 0 min The calculation uses an assumption of 7 uses per week. Price area: FI · Included in statistics during months: January, February, March, April, October, November, December.
  • Sauna8.00 kWh · 1 h 30 min The calculation uses an assumption of 2 uses per week. Price area: FI · Included in statistics throughout the year.
  • Washing machine1.10 kWh · 1 h 30 min The calculation uses an assumption of 3 uses per week. Price area: FI · Included in statistics throughout the year.
  • Tumble dryer2.50 kWh · 2 h 45 min The calculation uses an assumption of 2 uses per week. Price area: FI · Included in statistics throughout the year.
  • Dishwasher1.00 kWh · 2 h 45 min The calculation uses an assumption of 5 uses per week. Price area: FI · Included in statistics throughout the year.
  • Stove1.50 kWh · 0 h 45 min The calculation uses an assumption of 5 uses per week. Price area: FI · Included in statistics throughout the year.
  • Oven2.50 kWh · 1 h 30 min The calculation uses an assumption of 3 uses per week. Price area: FI · Included in statistics throughout the year.

Device costs represent one use. Total savings for the current period and monthly and yearly statistics are already weighted by usage frequency.