Lock arrangement and method for transferring electrical power with a lock arrangement that includes a counterpart of the lock and an electrical lock including a lock case. A device for wirelessly sending electrical power to the lock case and/or into connection with the lock case is arranged in connection with the counterpart of the lock, and arranged in the lock case and/or in connection with the lock case are a device for wirelessly receiving electrical power from the device for sending electrical power that is arranged in connection with the counterpart of the lock. The counterpart of the lock wirelessly sends electrical power to the lock case and/or into connection with the lock case with the device that is for sending electrical power, and the lock case wirelessly receives electrical power from the counterpart of the lock with the device that is for receiving electrical power, when the lock and the counterpart of the lock are at a certain distance from each other. The electrical power received from the connection of the lock is measured and the power level of the electrical power sent is increased and/or decreased in such a way that the measured level of the electrical power received is between certain predetermined upper and lower values or essentially at a given preset level.