7 ms·
> the average residential rate for Finland, an EU country known for its recent nuclear developments (great!), is ~$0.25 per kWh, about 25% higher Huh? More lik
by wreckdropibex 2y ago
> the average residential rate for Finland, an EU country known for its recent nuclear developments (great!), is ~$0.25 per kWh, about 25% higher
Huh? More like 11-17c/kWh.
- Average spot price for 2024 was less than 6c/kwh https://www.nodesk.fi/sahkon-keskihinta-2024/ https://www.nodesk.fi/sahkon-keskihinta-2024/
- Transmission costs are around 2-6c/kwh https://sahkokuningas.fi/sahkon-siirtohinta/ https://sahkokuningas.fi/sahkon-siirtohinta/
- Taxes bit less than 3c/kWh
Even if you add all those up, you only get max 15c/kWh.
As of today, you can get 2 year fixed price for less than 8c/kWh, even with that it only adds up to 17c/kWh, with most expensive transmission costs, taxes rounded up and energy price rounded up.
Nuclear energy has contributed to the cheap price, but so has wind power https://www.talouselama.fi/uutiset/te/bfe4f5f4-0329-4cfe-9897-12dde4a59ff4 https://www.talouselama.fi/uutiset/te/bfe4f5f4-0329-4cfe-989...
- hiAndrewQuinn 2y agohttps://countryeconomy.com/energy-and-environment/electricity-price-household/finland https://countryeconomy.com/energy-and-environment/electricit... is where I'm pulling most of my data from, which itself seems to be using Eurostat as a source.
- korhojoa 2y agoMaybe this is a "including everything" proce, i.e. transmission, connection fees, etc. I currently pay a flat ~8c/kWh. I could save by using spot price electricity but as I don't use much, this keeps the monthly cost predictable.