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Caruna Oy’s and Caruna Espoo Oy’s electricity distribution prices will change starting from 1 September 2024
The Energy Authority supervises the pricing of electricity distribution companies in four-year periods. If a company has a surplus at the end of the period, the surplus is credited to its customers during the next period. The opposite is true if the company is in deficit. Prices will change in Caruna’s two network companies starting 1 September 2024. The prices of both companies take into account the increase in value added tax to 25.5% from 1 September 2024.
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.
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.
In the first week of October, Caruna will analyse the condition of the electricity network at night in various parts of Espoo
In the first week of October, beginning Monday 4 October, you may see Caruna's vans on the move at night in various parts of Espoo. The vans carry a device that monitors Caruna's low-voltage electricity network and indicates any network faults it detects. Similar studies have previously been conducted in the United States, Canada and various parts of Europe. The technology is now being put to the test in Finland for the first time.
Caruna reduces the price of electricity distribution in Caruna Espoo Oy’s network area
Customer prices will decrease by an average of 2.5 per cent as of 1 November 2021. The average impact on prices excluding tax will be 5 per cent. The price reduction will apply to approximately 226,000 customers in Caruna Espoo Oy’s network area (Espoo, Kauniainen, Kirkkonummi and the centre of Joensuu).
Electricity solutions for specific needs: Cultivation with grow lighting in greenhouses uses a lot of electricity for the needs of growing
In Finland, the growing season is naturally short, but by using grow lighting, Finnish crops can be produced year round. Lighting that provides strength to growth is the biggest electricity user in a greenhouse, and annual usage can easily reach tens of thousands of megawatt hours. Electricity for the Juntti market garden will soon be delivered via their own Caruna primary substation
Construction of Sinimäki primary substation and related 110 kV underground cable connection begins in Espoo – effects on traffic arrangements
In the next few years, a new substation will be built in Sinimäki to meet the needs of growing electricity consumption and to support Espoo's carbon-neutral strategy. An underground high-voltage cable of six kilometres will also be installed during the project to connect the substations in Leppävaara and Sinimäki.
A carbon-neutral future is the common goal of Espoo and Caruna – cooperation agreement signed
The City of Espoo and electricity distribution company Caruna Espoo Oy signed an agreement on strategic cooperation on March 31, 2021. The aim of the cooperation is to support Espoo's growth and carbon-neutrality targets with a strong electricity network that meets future energy needs, enabling clean energy solutions for Espoo residents and companies.
Caruna develops its electricity network and improves the reliability of approximately 1,500 customers' electricity distribution in Espoo and Kirkkonummi
Electricity distributor Caruna continues renewing its electricity network and improving reliability of supply. The focus is now in Suvisaaristo, Espoo and the coastal area of Kirkkonummi. The project will be implemented with N3M Power Oy Ab.
Primary substation to be built in Sinimäki, Espoo, to meet growing energy demand and improve reliability of electricity distribution in Espoo
Caruna is building a new primary substation in Sinimäki, Espoo, in response to the increasing energy consumption in Espoo as well as to support Espoo's carbon-neutral strategy and leadership in clean energy solutions. An underground cable will be installed during the project to connect the primary substations in Leppävaara and Sinimäki. The main contractor is Destia Oy. The total value of the Sinimäki project is approximately EUR 30 million of which Destia's share is EUR 15 million.