Can the electricity contract be fixed for a period shorter than one year?

Satunnainen

It is possible to make a fixed-term electricity contract shorter than a year, but it depends on several factors, such as the electricity company and the contract options available. This article discusses what to consider when considering a short-term electricity contract.

What is a fixed-term electricity contract?

A fixed-term electricity contract means a contract that is valid for a pre-agreed period, usually one to two years. The advantage of such a contract is that the price of electricity remains the same throughout the contract period, which brings predictability and stability to electricity bills.

Short-term fixed-term electricity contracts

Although the most common duration of a fixed-term electricity contract is one or two years, some electricity companies also offer shorter fixed-term contracts. The duration of these contracts can vary from a few months to less than a year. Short-term fixed-term contracts can be useful, for example, in the following situations:

  • Temporary living: If you know you will only live in a certain place for a short time, a short-term fixed-term contract can be convenient.
  • Monitoring the market situation: If you believe that the price of electricity may decrease in the near future, a shorter contract can give you flexibility.
  • Special offers: Some electricity companies may offer short-term contracts as special offers or campaigns.

How to find a short-term fixed-term electricity contract?

Short-term fixed-term electricity contracts may not always be readily available, so finding them may require a bit of research. Here are some tips:

  1. Comparison websites: Use comparison websites for electricity contracts, such as Sähkönhinta.fi or Sähkovertailu.fi, to find contracts offered by different electricity companies.
  2. Contact the electricity companies: If you cannot find a suitable option on the comparison websites, contact the electricity companies directly and ask about their offer.
  3. Follow campaigns: Electricity companies may offer short-term contracts in connection with campaigns or special offers, so follow the websites and newsletters of electricity companies.

Notes for short-term fixed-term contracts

Before you enter into a short-term fixed-term electricity contract, it is good to consider a few points:

  • Price: Short-term contracts may be more expensive than longer-term contracts, so compare prices carefully.
  • Continuity: Think about what happens after the contract period ends. Does the contract automatically continue indefinitely, or do you have to sign a new contract?
  • Contract terms: Read the contract terms carefully so that you understand what obligations and rights you have during the contract period and when it ends.

In summary, it can be stated that it is possible to conclude an electricity contract for a period shorter than a year, but it requires a bit of research and careful consideration. Compare different options and contact electricity companies to find the best possible contract for your needs.

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