Finns are advised to save electricity today, Friday. At the time of the most expensive electricity, those who run their household with exchange electricity can have to pay even wild-sounding sums for ordinary everyday activities.
Exchange electricity is exceptionally expensive in Finland today, Friday.
Between nine and eight in the evening, the price of electricity on the stock market is roughly two euros per kilowatt-hour on average, with the average price for the whole day “only” 1.10 euros per kilowatt-hour.
According to the Nord Pool electricity exchange, at the time of the price peak, which is until 19:00, the exchange electricity costs at worst 2.35 euros per kilowatt hour.
The high price is caused, among other things, by the fact that more electricity is consumed than it is produced. According to the grid company Fingrid, this has been the situation since the first day of the year.
This is how much it costs to use the devices with super-expensive exchange electricity
A Finn who spends his time at home on Friday evening will pay significantly more for, for example, watching a movie, playing a game console, cooking or doing laundry between 12:00 PM and 8:00 PM than by scheduling the activity at another time – not to mention taking a sauna.
The story continues below the picture.
Even watching a movie on the couch at home or playing a game console costs more than usual in times of expensive electricity Adobe Stock
The estimates below have been calculated at a price of 200 cents/kWh. The estimate does not include the electricity transmission fee.
- Watching a two-hour movie on a 65-inch TV (0.2 kWh/h): €0.80
- Two hours of gaming on a Playstation 5 (0.2 kWh/h) connected to a 65-inch TV (0.2 kWh/h): €1.60
- Using an efficient PC desktop computer (0.5 kWh/h) for two hours: €2.00
- In the home, full lighting (10x 5 W) for two hours: €0.20
- Bright light bulb (0.3 kWh/h) on for one hour: €0.60
- Usage of the washing machine (40 °C / 0.8 kWh): €1.60
- Tumble dryer (2.0 kWh) use cycle: €4.00
- Use of an electric oven (2.0 kWh/h) for one hour: €4.00
- Usage of the dishwasher (1.5 kWh): €3.00
- Use of a vacuum cleaner (1 kWh/h) for one hour: €2.00
The average electricity consumption of devices varies depending on the brand, model, features and age of the device. An old device often consumes more electricity than a new and more energy-efficient one.
Fingrid urges you to save electricity
Fingrid has urged all Finns to save electricity as best they can today.
– In practice, the call applies to all electricity users: large, medium and small. Everything helps, Fingrid director Tuomas Rauhala stated yesterday Thursday.
The long period of frost is expected to keep electricity consumption high, probably for at least the weekend.
Sources: Nordic Green Energy, Vattenfall, Caruna