Oomi Product-specific terms, corporate customers:
Oomi Fixed
The terms will come into effect on 11 October 2024
These product-specific terms are part of the customer's contract with Oomi Oy. In addition to these terms, Oomi Terms of contract, corporate customers and Terms of Electricity Sales SME 2014 apply to this contract. Order of validity of terms:
1. Product-specific terms; 2. Oomi Terms of contract, corporate customers; 3. Terms of Electricity Sales SME 2014.
Oomi Fixed
Oomi Fixed is a fixed-term contract in which the terms and prices are determined in accordance with what is agreed upon when the contract is signed, and will remain the same until the end of the selected fixed-term contract period. The Oomi Fixed contract is intended for companies with an annual electricity consumption of up to 100,000 kWh per year. The price of Oomi Fixed is based on the information you provide about your company’s electricity consumption, such as the distribution of your company’s electricity use within a week. If the actual electricity use and consumption differ from the information provided, Oomi has the right to adjust the price to reflect the costs.
After the fixed term, the contract will automatically continue as a new 12-month fixed-term contract, the acceptance of which requires no action on your part. You will be informed of the new fixed-term contract period and price at least one (1) month before the start of the fixed-term contract period. If you do not accept the new fixed-term contract, you must cancel it no later than 14 days before the start of the new fixed-term contract.
If your company moves or its operations cease for any reason, you must notify Oomi Oy of these changes no later than 14 days prior to the change. When your company moves, your old contract will expire, and you must make a new contract for the new location of use.
If your fixed-term contract ends before the expiry date of the fixed-term contract for the above reasons (moving or cessation of operations) or any other reason on the part of your company, Oomi Oy has the right to charge the difference between the price of your fixed-term contract and the market price1 for the remaining contract period, multiplied by the volume of electricity. The volume is based on monthly consumption over the previous 12 months. If the contract has been in force for a shorter period, the volume is based on the monthly projection calculated based on the estimated annual consumption at the time the contract was signed.
1 The price in the Finnish price area (SYS+EPAD) for derivatives on the Nasdaq Commodities electricity exchange at the time of notification or when Oomi Oy becomes aware of the change