#

Ease of Doing Business in

Finland

Finland Download Profile (1711.5KB, pdf)
Region OECD high income
Income Category High income
Population 5,482,013
GNI Per Capita (US$) 46,360
City covered Helsinki

190

1

DB 2017 Rank

1

100

DB 2017 DTF (% points)

  • local_library
  • group
Topics DB 2017 Rank DB 2016 Rank info_outline Change in Rank DB 2017 DTF (% points) info_outline DB 2016 DTF (% points) info_outline Change in DTF (% points) info_outline
Overall 13 12 down
1
80.84 80.85 down
0.01
Starting a Business 28 26 down
2
93.13 93.11 up
0.02
Dealing with Construction Permits 40 36 down
4
75.72 75.82 down
0.10
Getting Electricity 18 16 down
2
88.97 88.97
-
Registering Property 20 19 down
1
82.94 82.94
-
Getting Credit 44 42 down
2
65.00 65.00
-
Protecting Minority Investors 70 69 down
1
56.67 56.67
-
Paying Taxes 13 12 down
1
90.23 90.31 down
0.08
Trading across Borders 33 33
-
92.44 92.44
-
Enforcing Contracts 30 29 down
1
69.40 69.40
-
Resolving Insolvency 1 1
-
93.89 93.81 up
0.08

DB 2017 Rank:

18

DB 2016 Rank:

16

Change in Rank:

down2

DB 2017 DTF (% points):

88.97

DB 2016 DTF (% points):

88.97

Change in DTF (% points):

0.00

STANDARDIZED CONNECTION
Price of electricity (US cents per kWh) 12.7
Name of utility Helen Electricity Network (Helen Sähköverkko Oy)
City Helsinki
Indicator Finland OECD high income
Procedures (number) info_outline 5 4.8
Time (days) info_outline 42 76.2
Cost (% of income per capita) info_outline 28 62.5
Reliability of supply and transparency of tariff index (0-8) info_outline 8 7.5
  • Measure of efficiency
    No. Procedure Time to Complete Associated Costs
    1

    Submit application and certification from electrician to Helen Electricity Network

    Agency: Helen Electricity Network

    The application for a new connection can be submitted through an online form (i.e. to obtain the contract for getting connected to the distribution grid) or in person at Helen’s customer service point. If submitted online, the customer can choose to provide the required documents either directly online, or send them via email/regular mail. The required documents include the blueprints of the buildings internal wiring, which have to be approved by the utility before the building is connected to the grid.

    1 calendar day EUR 0
    2

    Purchase material and carry out external works

    Agency: Helen Electricity Network

    The customer needs to purchase and install the connection cable from the building to the perimeter wall, since the utility does only the external connection works, and everything inside the boundary wall of the building is the customer’s responsibility. The meter is installed only after the connection cable is installed.

    3 calendar days EUR 3,000
    3

    Submit electrician's statement on internal wiring and receive external works from Helen Electricity Network

    Agency: Helen Electricity Network

    The customer's electrician submits a document where he states that all the wiring has been done according to the rules and regulations. The person in charge of the wiring has to be a certified electrician and have the licenses that are required to do inspections. The electrician does not have to be registered with the utility company and there is no verification whether they are certified or not.

    30 calendar days EUR 7,640
    4

    Sign supply contract with retailer

    Agency: Helen Electricity Network

    The customer has a choice of retailers for electricity supply. In the case of most retailers, the application is done online, and no paperwork needs to submit.

    1 calendar day EUR 0
    5

    Request and receive meter installation and electricity flow

    Agency: Helen Electricity Network

    The meter is installed when the customer’s electrician informs the utility that it can be installed (not at the same time as the connection). The installation is done by Empower Oy. The customer does not need to contact this company separately, it is taken care of by the utility. Electricity starts flowing once the meter is installed, and once Empower Oy has informed the utility that the meter has been installed.

    7 calendar days EUR 0

  • Measure of quality
    Answer
    Reliability of supply and transparency of tariff index (0-8)
    Total duration and frequency of outages per customer a year (0-3)
    System average interruption duration index (SAIDI) 0.09
    System average interruption frequency index (SAIFI) 0.2
    Mechanisms for monitoring outages (0-1)
    Does the distribution utility use automated tools to monitor outages? Yes
    Mechanisms for restoring service (0-1)
    Does the distribution utility use automated tools to restore service? Yes
    Regulatory monitoring (0-1)
    Does a regulator—that is, an entity separate from the utility—monitor the utility’s performance on reliability of supply? Yes
    Financial deterrents aimed at limiting outages (0-1)
    Does the utility either pay compensation to customers or face fines by the regulator (or both) if outages exceed a certain cap? Yes
    Communication of tariffs and tariff changes (0-1)
    Are effective tariffs available online? Yes
    Link to the website, if available online https://www.helen.fi/en/households/services/electricity-products-and-prices...
    Are customers notified of a change in tariff ahead of the billing cycle? Yes
    Answer
    Price of electricity (US cents per kWh) 12.7

    Note:

    If the duration and frequency of outages is 100 or less, the economy is eligible to score on the Reliability of supply and transparency of tariff index.

    If the duration and frequency of outages is not available, or is over 100, the economy is not eligible to score on the index.