24-month electricity contract – peace of mind and stability for a long time

Do you want worry-free electricity for as long as possible? If so, a 24-month fixed-term contract might be the most suitable option for you. Lena Lainio, Sales Manager at Vaasan Sähkö, presents the benefits of the two-year contract.

A 24-month electricity contract offers long-term certainty

With a 24-month fixed-term electricity contract, the price is locked in advance for two years. The price remains the same throughout the contract period, so your electricity bill is predictable and you don’t need to follow market prices.

The contract protects you from potential price spikes, especially during the winter months. A two-year contract is also often more affordable than six- and 12-month contracts, as risks are spread over a longer period.

So if you’d like to minimize stress caused by monitoring electricity prices, the 24-month contract is an excellent choice. At Vaasan Sähkö, the 24-month fixed-term contract is called Fixed. Electricity is produced using nuclear power and no emissions are generated from its production.

For whom is the 24-month electricity contract suitable?

A two-year fixed-term electricity contract is suitable for you if:

• you want long-term predictability for your electricity bill. 

• you appreciate peace of mind and effortlessness. 

• you are not interested in following electricity prices. 

• you want to protect yourself from potential price spikes for a long time. 

Lena Lainio’s tip: Those living in detached houses and households with high consumption especially benefit from a long contract, especially if optimizing consumption isn’t of interest or possible in daily life.

You can compare electricity prices for 6-, 12-, and 24-month contracts for the years 2025 and 2026 in the table.

What should you know about the 24-month electricity contract?

• The contract binds you for two years. You cannot switch, for example, to exchange electricity during the contract period. However, you can terminate the contract if you move house.
• If the market price of electricity falls during the contract period, you won’t benefit from the lower prices. On the other hand, if prices rise, you are protected from increases.
• If you don’t make a new contract at the end of the period, the contract continues as an open-ended contract at the prevailing prices.

3 reasons to choose a 24-month fixed-term electricity contract

1. You get long-term security.

You know the price of electricity for the next two years and are also protected from sudden price increases.

2. A more affordable price. 

A 24-month contract is usually more affordable than 6- or 12-month contracts.

3. Less worry and hassle.

You don’t need to constantly compare electricity contracts or monitor market prices daily.

Lena Lainio’s tip: If you’re interested in tracking electricity prices to an extent but don’t want to take on the full risk of exchange electricity, you can also choose the Fixed Influencer contract as a 24-month fixed-term agreement. It combines the features of a fixed-price contract and exchange electricity.

6, 12 or 24 months? Differences between fixed-term electricity contracts 

Long or short contract? Below is a comparison of 6-, 12-, and 24-month fixed-term contracts together with their benefits and risks.

Contract length	For whom	Main benefit	Note this
6 months	For consumers who monitor electricity prices to some extent and want to lock in the price for only a short period.	Flexibility and the chance to make a new contract quickly. Works well, for example, as a winter season contract.	Consider the timing of the contract. If the contract ends in the middle of winter, new contracts may be more expensive.
12 months	For consumers who want predictability and stability for a reasonable fixed period.	Balance between price certainty and flexibility. Protects against winter price spikes and makes budgeting easier.	You commit for one year and won’t benefit from possible price decreases during that period. Not possible to change contracts mid-term.
24 months	For consumers who want predictability and price certainty for a long period and don’t want to think about electricity prices in everyday life.	Long-term peace of mind and easy budgeting. The contract protects against price spikes over two winters. Often more affordable than shorter contracts.	You commit for two years and won’t benefit from possible price decreases during that period. Not possible to change contracts mid-term.

Expert: Lena Lainio, Sales Manager at Vaasan Sähkö. 

Lainio is responsible for sales to major and minor customers, service sales, and product management.