Electricity consumer price in Finland has typically been around 10 c/kWh. Even if consumer selects market price for the electricity, the fixed costs consist of most of the price.

Those fixed costs 1st April 2016 are 7,0 c/kWh. In addition to this, electricity market price with 24% VAT is added.

Share of producer is 26% of the consumer price

The price of the electricity is a minor part of the price that consumer pays, 26%. 41% of the price goes to government as taxes and 31% goes to local distributor. The share of the company that sells electricity at market price is typically 2%.

Break-out of the electricity price in Finland

The consumer price is formed of the following parts (price of first of April that is a typical non-weekend price):

market price	2.83 c/kWh
VAT of the market price (24%)	0.68 c/kWh
Seller provision (Helen)	0.24 c/kWh
electricity consumer price all together	3.75 c/kWh
distributor price (Caruna, includes VAT)	3.98 c/kWh
electricity tax that distributor bills (incl. VAT!)	2.79 c/kWh
sum paid to local distributor all together	6.77 c/kWh
electricity price for consumer, all together	10.57 c/kWh

In Finland, there is VAT for the electricity tax.

Variation of the consumer price

Even if the consumer selects electricity price that is based on market price, the variation of the consumer price is very low.

In March 2016 electricity market price is Finland was mostly between 2.2 and 3.1 c/kWh (25% and 75% quartiles), the consumer price varies only 11%.

Even smaller variation, just couple of percents, is if we compare weekend prices and non-weekend prices.

For most practical purposes, consumer electricity price is 10% cheaper in weekends and it does not vary within weekend or non-weekend days.

Comparison to oil

High fixed costs in electricity price means that electricity does not compete with oil at the current cheap oil price. The price of oil used in oil heating corresponds to the electricity market price 0,7 c/kWh that is reached at most some hours per year.