welcome
Yle News

Yle News

Business

Business & Economics

Report: Spot-price electricity customers significantly change consumption habits

Yle News
Summary
Nutrition label

81% Informative

Finland 's electricity prices are relatively volatile, due to frequent changes in supply and demand.

The spot price of electricity hit a historic peak of more than two euros per kilowatt hour in January of 2024 , while an error caused the hourly price to briefly bottom out at around a negative 50 cents last November .

The type of electricity contract households have directly affects how they react to price changes.

VR Score

91

Informative language

96

Neutral language

82

Article tone

semi-formal

Language

English

Language complexity

59

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links

Small business owner?

Otherweb launches Autoblogger—a revolutionary way to bring more leads to any small business, using the power of AI.