Overall electricity is relatively cheap in Finland. Historically they were oil heated, which is not very cheap either.
We do not have gas lines in Finland, so we cannot use that like other parts of Europe. This is now of course better because we are not depending on Russian gas.
Previously we got parts of electricity from Russia, but that shutdown after the Ukraine war.
Critical_Insight@feddit.uk 9 months ago
Older houses burn oil for heating the house and water but even most of them have heatpumps installed. New houses usually also have heatpumps or geothermal so direct electric heating is more and more uncommon. Apartment buildings generally all have district heating and even some private homes do.
Yes it’s expensive but so is everything else too.
TheEighthDoctor@lemmy.world 9 months ago
Geothermal is expensive and not worth it financially in many countries but when you are looking at 2.35€/kWh it seems like a great investment.
Hotzilla@sopuli.xyz 9 months ago
He doesn’t mean geothermal in large scale but home level geothermal. It is actually very cheap and efficient technology.
TheEighthDoctor@lemmy.world 9 months ago
I understand, but it’s not cheap when compared to solar