Louna Nero electricity contract combines the best of both worlds

In the Louna Nero contract, half of your hourly electricity consumption will be billed based on the fixed rate and the half with the market price-based spot rate. The consumed energy will be invoiced monthly.

You can save on your electricity bill by making use of the cheapest moments of electricity production. For example, you could heat the sauna only when the rate is lower. If your electricity consumption is focused on more expensive hours, your electricity invoice may be higher than usual. There may be seasonal fluctuations in the hourly price of electricity, for example during the heating season the average price level may be significantly higher.

You consume 1kWh of electricity during a given hour. You will pay the fixed rate (7,40 c/kWh) for 50% of the energy consumed, i.e. for 0,5 kWh. For the other 0,5 kWh, you will pay the exchange electricity rate (e.g. 10 c/kWh) plus the brokerage fee specified in the contract (0.49 c/kWh).

• Fixed-rate share (50%) equals 0,5 kWh, for which the price is 3,70 c/kWh

• The exchange electricity rate (50%) for the hour is 10 c/kWh + brokerage fee 0.49 c/kWh, 5,245 c/kWh in total.

Total rate for the hour: 8,95 c/kWh

The invoice includes the consumption-weighted average rates for both the fixed-rate and the exchange-rate shares of the price. In the EnergiaOnline service, you can find an hourly breakdown of your consumption, including both the fixed-rate and the exchange-rate shares of consumption as well as the basic fee amount.

• The contract is fixed-term (12 months) and will expire at the end of the term. If you have not entered into a new fixed-term contract, we will secure your supply of electricity with a new non-fixed-term contract for an electricity sales product that is in accordance with our obligation to deliver.

• The Turku Energia Terms of Electricity Sales shall be applied to this contract. The up-to-date list of Electricity Sales service charges is available at the same page.

• The annual amount of energy in the consumer customer's electricity contract can be a maximum of 60,000 kWh. If the consumer customer's annual consumption exceeds the above-mentioned amount, the contract is exchanged for one that better corresponds to the consumption amount. If you are a corporate customer, see our electricity contracts for companies (in Finnish).

• As a regular customer, you get access to more than 70 different benefits, including restaurants, theaters, car shops, interior design shops and hobbies. Read more in Finnish

Your electricity is produced with 100% renewable energy. However, you can do some extra environmental work by subscribing to the Ekotakuu Extra service. The service collects funds for the Finnish Nature Heritage Foundation for protecting forests in Southwest Finland.

The price of the service is €0.50/month, which will be billed on your electricity bill. You can opt for the service when making an electricity contract or by contacting our customer service. The Ekotakuu Extra service is valid until further notice and follows the validity of the electricity contract.