News
The article is more than 3 years old

Finland sees fewer electricity bill claims, tax deductions than expected

The mild weather led to electricity prices stopping their near-vertical trajectory after the reimbursement plans were put in place.

Ihmisen käsissä sähköpistoke ja setelitukku.
Image: Tommi Parkkinen / Yle
  • Yle News
  • STT

Finland's mild winter weather has prompted far fewer applications from households for subsidies and tax deductions on large electricity bills than initially anticipated.

Kela, the Social Insurance Institution of Finland, said that around 1,400 households applied for electricity cost support. Kela said it has approved around 320 of those subsidy applications.

According to the Finnish Tax Administration, around 1,500 taxpayers have filed applications for electricity bill tax deductions.

As electricity prices in Finland were skyrocketing last autumn, the government initially anticipated around 100,000 households would apply for electric bill subsidies and that about 250,000 people would take advantage of tax deductions on electricity costs.

However, since the reimbursement plans were implemented, Finland saw an unusually mild winter and electricity prices did not rise to the levels previously predicted.

Would you like a roundup of the week's top stories in your inbox every Thursday? Then sign up to receive our weekly email.

Latest: paketissa on 10 artikkelia

The state alcohol retail monopoly is extending Saturday evening hours at about one-third of its stores, with roughly one in 10 opening on Sundays as well.

Defence Minister Antti Häkkänen (NCP) says that the new version of Saab's RBS 70 system will ensure protection of broader areas of Finland.

The deal means MTV's channels should re-appear automatically on Elisa's Viihde platform and TV cable offerings on Friday, without customers having to do anything themselves.