How do I compare offers from different electricity companies?

Satunnainen

When you compare offers from different electricity companies, it helps to look at several factors together, not just the price. This process is sometimes called “tendering” or competitive bidding for an electricity contract, and a few simple steps make it easy to find the best deal.

What to compare

First, look at the cost of electricity per kilowatt hour, as this will directly affect the total of your electricity bill. In addition, pay attention to possible fixed monthly payments and the transfer price, which may vary between different companies.

Next, familiarize yourself with the contract options offered by different electricity companies. Some companies may offer more favorable prices with a longer contract period, while others offer more flexible options without committing to a long-term contract.

It is also good to look at the companies’ customer service and reputation. Read reviews and compare the services and benefits offered by different companies — good customer service and a reliable reputation can be just as important as price.

Finally, check for current campaigns and offers, since many companies run special deals for new customers.

How to tender and switch your contract

If you decide to switch, these steps will help:

  1. Compare suppliers. Find out what different electricity suppliers offer and compare their prices and terms. You can also use an online comparison or tendering service, such as Kilpailuttaja.fi, to see several offers side by side.
  2. Negotiate with your current supplier. Don’t forget to ask your current supplier for a better deal — they might offer one if they know you’re considering switching.
  3. Check the terms of the new contract. Note any fixed payments, the length of the contract period and the termination conditions before you commit.
  4. Make your decision and switch. Once you have compared your options and negotiated if necessary, choose the best offer. Make sure the new contract starts right when the old one ends, so you don’t run out of electricity.

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