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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.
Jyrki Tammivuori appointed CEO of Caruna as of 13 May 2022
Caruna’s Board of Directors has appointed Jyrki Tammivuori, M.Sc (Econ) CEO of Caruna as of 13 May, 2022. Tammivuori has been working for Caruna since 2015, first as CFO. Since 2018 Tammivuori has held the position of CFO and deputy CEO at Caruna. Tammivuori was appointed Acting CEO of Caruna in March 2022.
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).
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.
Caruna offers its private customers a free three months' respite for payment and expedites the payment of invoices to contractors
The option to extend the payment deadline applies to all of Caruna's private customers, around 600,000 in total. By this measure, Caruna wants to do its part in helping to alleviate the financial impacts of the coronavirus epidemic on its customers.