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0 pointswreckdropibex1y ago0 comments

> 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/

- Transmission costs are around 2-6c/kwh 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-989...

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hiAndrewQuinn1y ago

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.

korhojoa1y ago

Maybe 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.

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