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Herrfors’ electricity production consists of several energy sources – wind power, hydropower, thermal power and nuclear power – each playing its own role in our electricity generation. We produce electricity both in our own and partly owned power plants, in a responsible and transparent way.
This is Herrfors
Herrfors is the parent company of the Herrfors Group. We are a bilingual energy company with over 115 years of history, producing, selling, and distributing electricity and district heating in Ostrobothnia and Northern Ostrobothnia. Our top priorities are reliable supply, competitive pricing, and environmentally friendly solutions.
Herrfors’ electricity production is based on several energy sources: our own and jointly owned power plants generate electricity from wind, hydro, thermal and nuclear power.
We continuously invest in renewable energy sources, aiming to reduce the share of fossil fuels to below five percent. In addition, we make use of local district heating production: district heating is produced in Ylivieska, Alavieska and Pietarsaari.
At the same time, investments in our network operations focus on modernizing the grid and improving supply reliability. This ensures the network can withstand both current and future production projects as well as weather fluctuations. Herrfors Nät-Verkko builds and maintains an extensive electricity grid in its area to ensure safe and reliable electricity distribution.
Electricity consumption within the distribution area
Ownership and Group Structure
The Herrfors Group is largely owned by local municipalities and regional energy companies. Major owners include Jakobstad’s Jakobstads Energi, Nykarleby Kraftverk in Uusikaarlepyy, and Vetelin Energia. The parent company of the group is Oy Herrfors Ab, which includes subsidiaries such as Perhonjoki Ab, Katternö Kraft Ab, and the network company Herrfors Nät-Verkko Oy.
Herrfors continues to invest in new energy innovations. In autumn 2024, we commissioned new electric boilers in Ylivieska and a new energy storage facility in Oravainen, which increase production flexibility and reduce the need for expensive biofuel in district heat production. These investments also make it possible to utilise and adjust production more efficiently in the frequency markets.
Looking ahead, Herrfors plans to connect wind power projects to its network and actively monitors developments in the energy sector.
Executive Teams and Boards of Directors
The success of the Herrfors Group is built on skilled and committed people who guide the company towards a sustainable and responsible future. Our executive team is responsible for implementing strategic goals and developing day-to-day operations, while our board of directors ensures the company’s long-term direction and stability.
On this page you can find introductions to the executive and board members of the Herrfors Group companies – experts with diverse experience in the energy sector, business development, and societal engagement. Their shared mission is to ensure that Herrfors continues to be an innovative and reliable partner for its customers and stakeholders well into the future.
The Herrfors Group is a driving force for the local economy, a supporter of regional communities, and a promoter of the green transition. Below you can see how our operations make a difference in the economy, people, and environment.
May 13, 2025 Herrfors-konsernin tilinpäätös 2024 Vuoden 2024 alhainen sähkön markkinahinta heijastui Herrfors-konsernin tilinpäätökseen, jonka tulos laski vuoteen 2023 verrattuna. Vuoden 2024 sähkön keskihinta oli 46 euroa/MWh, mikä on 10 euroa/MWh vähemmän kuin vuonna 2023. Konsernin liikevaihto vuonna 2024 oli 227 miljoonaa euroa, kun se vuonna 2023 oli 257 miljoonaa euroa. Konsernin liikevoitto oli
May 15, 2024 Herrfors-konsernin tilinpäätös 2023 Poikkeuksellisen vuoden 2022 jälkeen, jolloin Herrfors-konserni teki ennätystuloksen, vuosi 2023 palasi normaalimmalle tasolle. Liikevaihto oli 257 miljoonaa euroa, kun se vuonna 2022 oli 334 miljoonaa euroa. Syynä on ensisijaisesti normalisoituneet sähkömarkkinat ja pienempi sähkön tuotantomäärä, jotka laskivat liikevaihtoa. Vuoden 2022 aikana konsernin tuotantolaitokset kävivät kireän sähkömarkkinatilanteen vuoksi pitkiä aikoja
May 16, 2023 Katternö-konsernin tilinpäätös 2022 Vuosi 2022 merkitsi Katternö-konsernille uutta ennätystä sekä liikevaihdossa että tuloksessa. Liikevaihto oli 335 miljoonaa euroa, kasvua 126 miljoonaa euroa vuoteen 2021 verrattuna. Syynä on ensisijaisesti lisääntynyt sähköntuotanto, sillä kireän sähkömarkkinatilanteen vuoksi laitoksemme kävivät pitkään täydellä kapasiteetilla. Samasta syystä sähkön markkinahinta oli ennätyskorkea, vuosikeskiarvo 154 euroa/MWh, kun se vuonna 2021
Over 70 local organizations and events supported in 2024
Herrfors’ sponsorship program supports children’s and youth hobbies, cultural events, and the well-being of communities in Ostrobothnia and Northern Ostrobothnia. We believe that a vibrant local community benefits everyone.
Herrfors once again ranked among the industry’s top performers – customer satisfaction has risen significantly in the 2025 EPSI Rating study
Herrfors’ customer satisfaction remains clearly above the overall electricity retail sector. The 2025 EPSI Rating customer satisfaction study for electricity retail sales confirms that Herrfors continues to be among the best in the industry. In the study, the company achieved the second-best result with 80.0 points, improving its score by a significant +4.8 points compared
The Elli Robot Helps Customers Start Using E-Invoices
The Elli robot will start calling Herrfors customers during week 44 to help them start using e-invoices. If you don’t answer the first call, the robot will try again – to ensure as many people as possible get help switching to e-invoicing. The purpose of the call is to make it easier for customers to
Herrfors renews its electricity contract offering – introducing a spot price contract with the option of price fixing
Herrfors has updated its range of electricity contracts and now offers customers three options: Stable, Stable+, and the brand-new Spot+ – a spot price contract where customers can choose to fix the price for a set period. Spot+ combines the flexibility of the spot price with protection against price spikes. Customers can easily fix prices
From 1 October 2025, the electricity spot price on Nord Pool will be determined every 15 minutes instead of once an hour as it is today. This EU requirement enables more accurate pricing that better follows supplyand demand and facilitates the use of renewable energy, such as solar and wind power.What this means for you: