Feb 8 • 10:32 UTC 🇫🇮 Finland Iltalehti

Arto switched to market electricity and now regrets it: A nearly thousand-euro bill awaits

A Finnish man, Arto Laitinen, regrets switching from a fixed electricity contract to market electricity, expecting a bill close to a thousand euros due to rising rates.

Arto Laitinen, a resident of Nokia, Finland, has expressed regret over his decision to switch from a fixed electricity contract to market electricity for his family's home, currently consuming about 18,000 kilowatt-hours per year. After making numerous energy renovations on his nearly 200-square-meter house, he anticipated savings but has instead encountered rising costs as the price of market electricity has surged.

January has been particularly challenging, with the cost of electricity averaging 14.5 cents per kilowatt-hour compared to just 6.6 cents during the same month in 2025. The recent spike, with the highest electricity cost recorded at 110 cents per kilowatt-hour last Friday, has left Laitinen with the prospect of receiving a hefty bill close to a thousand euros. This has led him to advise against making similar switches to other consumers, having learned the hard way about the risks associated with market pricing.

Laitinen's situation highlights broader concerns regarding fluctuating energy prices in Finland, affecting homeowners and families who rely on market electricity. His experience serves as a cautionary tale about the unpredictability of energy costs, especially given the variability in pricing on the electricity market, urging consumers to carefully consider their energy contracts before making changes.

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