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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.
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.
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).