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Development plans for Caruna’s electricity network ready for customer hearing

Caruna organises a customer hearing for both of its network companies, Caruna Espoo Oy and Caruna Oy. The aim is to hear about the opinions and needs of customers and stakeholders regarding the development of the electricity network and to ensure that the plan meets expectations. The hearings will be open from 1 to 31 May 2024.
News ·

Caruna Group 1 January – 30 June 2023: Caruna continued to invest in Finnish energy transition despite inflation and increasing costs in operating environment

Caruna is committed to investing and developing its electricity network to improve security of supply and enhance Finnish energy transition. However, due to cost increase in network construction and interest rates, Caruna had to monitor its investments more closely, which resulted in postponing some unprofitable investment projects.
News ·

Second part of Caruna Oy's price increase to take effect from 1 August 2023

As cost increases have continued, Caruna will implement the second part of the projected price increase from 1 August 2023 in Caruna Oy. The price increase was split into two parts to mitigate the impact of the increases on customers, especially given the high energy costs in winter. The first part of the price increase took effect from 1 January 2023.
News ·

What happens to decommissioned electricity poles?

The recycling and life cycle of old electricity poles are closely monitored at Caruna, as they contain hazardous impregnations. What happens to the old poles? Who can use the poles? And can they even be used to build a garden bed?
Article ·
Sähköpylväitä puretaan.

Caruna in 2022: the energy crisis raised costs and accelerated the ongoing energy transition

Caruna's operating environment deteriorated significantly in 2022 due to the extraordinary changes taken by the regulator in the middle of the regulatory period and a general increase in costs due to the energy crisis triggered by the Ukraine war. The Group's net sales from January to December amounted to EUR 484.6 (499.8) million, and it invested EUR 133.6 (140.1) million. Net sales before financial expenses decreased in comparison with the previous year. Net financial expenses amounted to 121.0, which is approximately 25 per cent of net sales.
News ·

Caruna to raise electricity distribution prices due to cost increases

Costs are rising at an increasing rate in Finland, and this also affects Caruna's costs. Electricity network construction has become more expensive, and the costs of energy losses have risen substantially this year. Interest rate levels are also higher. For this reason, the network service rates will rise from 1 January 2023.
Press release ·