Price of electricity fell in the first quarter of 2024 from twelve months back

Release related to topics:EnergyPrices and consumption
release | Energy prices 2024, 1st quarter

Change

The consumer price of wood pellets in heat production was published as a new database table.
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According to Statistics Finland, the total price of electricity for household customers fell by 6 to 16 per cent in March 2024 compared to one year earlier. Correspondingly, the total price for enterprise and corporate customers fell by 10 to 35 per cent. Of domestic fuels, the prices of forest chippings and milled peat continued growing in the first quarter.

Key selections

  • In the consumer prices of liquid fuels, the prices of motor gasoline and diesel oil have fallen by five per cent in April 2024 and correspondingly, the price of light fuel oil has risen by five per cent from one year ago.
  • The price of natural gas fell in the first quarter of 2024 in all consumer types compared to the previous quarter.
  • In March 2024, the total price of electricity for household customers went down by 6 to 16 per cent compared to one year earlier.
  • Correspondingly, the total price for enterprise and corporate customers fell by 10 to 35 per cent. The size of the fall was mostly influenced by customers’ consumption group.
  • The price of milled peat rose by 11 per cent in the first quarter of 2024 and the price of forest chippings by 23 per cent compared to the first quarter of 2023.

Database tables

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Updated database tables
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Domestic fuel
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quarter
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Price of coal
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month
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quarter
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Type of consumer of natural gas
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month
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quarter
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Type of consumer of natural gas
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month
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quarter
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Fuel
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month
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  • Building type
  • Energy source
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month
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quarter
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Fuel price in electricity production
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month
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quarter
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  • Price component
  • Type of consumer
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month
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New database tables
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month
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Future releases

Documentation

Description of the production, used methods and quality of the statistics.

Go to documentation of the statistics

Referencing instructions

Energy prices [online publication].
Reference period: 2024, 1st quarter. ISSN=1799-800X. Helsinki: Statistics Finland [Referenced: 28.8.2025].
Access method:

Statistical experts

Inquiries primarily

Service email
energia@stat.fi
Aaro Laakkonen
Senior Statistician
029 551 3868

Other experts

Virve Rouhiainen
Senior Statistician
029 551 3527

Head of Department in charge

Katri Kaaja
Head of Department in charge
029 551 3488

Change

The consumer price of wood pellets in heat production was published as a new database table.
Read more about the change