Finland's grid operator to hike service fees

25/9/2024 13:46

        Finnish electricity transmission system operator Fingrid will raise its fees for grid services by 8% from the start of 2025 due to investments and growing costs, the company said on Wednesday.
        
        Fingrid said in a statement, "The electricity system is expanding and becoming more challenging to manage."
        
        The company attributed its rising costs to a significant investment programme aimed at meeting the main grid's customer needs, enabling the use of clean electricity.
        
        It added, the hike in main grid tariffs is expected to have a moderate influence on household electricity prices.