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Price of electricity fell in the first quarter of 2024 from twelve months back

Release related to topics:EnergyPrices and consumption
release | Energy prices 2024, 1st quarter

Change

The consumer price of wood pellets in heat production was published as a new database table.
Read more about the change

According to Statistics Finland, the total price of electricity for household customers fell by 6 to 16 per cent in March 2024 compared to one year earlier. Correspondingly, the total price for enterprise and corporate customers fell by 10 to 35 per cent. Of domestic fuels, the prices of forest chippings and milled peat continued growing in the first quarter.

Key selections

  • In the consumer prices of liquid fuels, the prices of motor gasoline and diesel oil have fallen by five per cent in April 2024 and correspondingly, the price of light fuel oil has risen by five per cent from one year ago.
  • The price of natural gas fell in the first quarter of 2024 in all consumer types compared to the previous quarter.
  • In March 2024, the total price of electricity for household customers went down by 6 to 16 per cent compared to one year earlier.
  • Correspondingly, the total price for enterprise and corporate customers fell by 10 to 35 per cent. The size of the fall was mostly influenced by customers’ consumption group.
  • The price of milled peat rose by 11 per cent in the first quarter of 2024 and the price of forest chippings by 23 per cent compared to the first quarter of 2023.

Change

The consumer price of wood pellets in heat production was published as a new database table.
Read more about the change

Database tables

Pick the data you need into tables, view the data as graphs, or download the data for your use.

Updated database tables
12gb
Classifications used:
  • Domestic fuel
Reference period cycle:
quarter
Updating frequency:
quarter
Statistics:
Updated:
12he
Classifications used:
  • Price of coal
Reference period cycle:
month
Updating frequency:
quarter
Statistics:
Updated:
12gw
Classifications used:
  • Type of consumer of natural gas
Reference period cycle:
month
Updating frequency:
quarter
Statistics:
Updated:
12hf
Classifications used:
  • Type of consumer of natural gas
Reference period cycle:
month
Updating frequency:
quarter
Statistics:
Updated:
12ge
Classifications used:
  • Fuel
Reference period cycle:
month
Updating frequency:
quarter
Statistics:
Updated:
13nl
Classifications used:
  • Building type
  • Energy source
Reference period cycle:
month
Updating frequency:
quarter
Statistics:
Updated:
13p7
Classifications used:
  • Fuel price in electricity production
Reference period cycle:
month
Updating frequency:
quarter
Statistics:
Updated:
13rb
Classifications used:
  • Price component
  • Type of consumer
Reference period cycle:
month
Updating frequency:
quarter
Statistics:
Updated:
New database tables
12gv
Classifications used:
    Reference period cycle:
    month
    Updating frequency:
    quarter
    Statistics:
    Updated:

    Future releases

    Documentation

    Description of the production, used methods and quality of the statistics.

    Go to documentation of the statistics

    Referencing instructions

    Energy prices [online publication].
    Reference period: 2024, 1st quarter. ISSN=1799-800X. Helsinki: Statistics Finland [Referenced: 21.11.2024].
    Access method:

    Statistical experts

    Inquiries primarily

    Service email
    energia@stat.fi
    Aaro Laakkonen
    Senior Statistician
    029 551 3868

    Other experts

    Virve Rouhiainen
    Senior Statistician
    029 551 3527

    Head of Department in charge

    Katri Kaaja
    Head of Department in charge
    029 551 3488