Fingrid to rise grid service fees by 8% from January

The transmission system operator Fingrid will raise its fees for grid services by eight per cent from the start of 2025, said the company in a press release on Wednesday.

The increase is necessitated by investments in the main grid and the growing costs of managing the electricity system.

The growing costs are a result of a major investment programme to meet the main grid’s customer needs, enabling the achievement of climate targets using clean electricity.

Raising the main grid tariffs has a moderate impact on the price of households’ electricity.

The total price of electricity consists of three parts: the price of electrical energy, electricity transmission and taxes.

The share of electrical energy of the final amount is some 40 per cent, the share of electricity transmission is some 30 per cent and taxes make up around 30 per cent.

The main grid makes up approximately two to three per cent of the total price.