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Switzerland Today

Swiss news in English

Friday, September 20, 2024

Swiss Electricity Prices to Drop 10% in 2025

Published: 2024-09-05

Swiss households can expect a significant reduction in electricity costs in 2025, with prices set to decrease by an average of 10%.

This comes after years of rising costs due to supply concerns.

The typical household will pay around 29 cents per kilowatt-hour, saving approximately 141 francs annually.

However, regional differences remain, with some areas experiencing greater reductions than others.

The price drop is attributed to stabilized wholesale electricity markets and reduced costs for winter reserves.

Despite these positive changes, some regions, like Bern, may see price increases due to previous procurement strategies.

Experts suggest that while short-term relief is expected, long-term structural challenges in the energy sector persist.