Sweden's electricity market has experienced significant fluctuations recently, with prices reaching a peak of *** euros per megawatt-hour in December 2022. By June 2025, the average wholesale electricity price had settled at **** euros per megawatt-hour, reflecting a substantial decrease from the historic high. Economic factors influencing electricity prices The fluctuations in electricity prices can be attributed to various economic factors affecting Sweden. The Consumer Price Index (CPI) in the country has shown a steady increase since 2015, rising from *** to *** in 2022. This upward trend continued into 2023, with the CPI reaching *** by the end of the year. Consumer sentiment and household concerns The economic instability has had a significant impact on consumer confidence in Sweden. In October 2022, the consumer confidence index (CCI) dropped to a record low of *****, the lowest value measured between 2012 and November 2023. This decline in consumer sentiment was reflected in household concerns, with nearly two out of three Swedes expressing worry about increasing household expenses.

The average household electricity price in Sweden for a consumption between 2,500 and 5,000 kilowatt-hours was 21.81 euro cents per kilowatt-hour in the second half of 2023. Electricity prices have been above average since the beginning of 2021, when Europe was hit by a global energy crisis. European comparisons Swedish households had below-average prices when compared to electricity prices in the European Union. In fact, the country is a net exporter of electricity and produces most of the consumed electricity domestically. Electricity sector in Sweden Hydropower and nuclear energy combined accounted for over 70 percent of the gross electricity consumption in Sweden. In recent years, generation from renewable sources such as solar power and wind power has been on the rise.

Sweden - Electricity prices: Medium size households was EUR0.24 Kilowatt-hour in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Sweden - Electricity prices: Medium size households - last updated from the EUROSTAT on July of 2025. Historically, Sweden - Electricity prices: Medium size households reached a record high of EUR0.27 Kilowatt-hour in December of 2023 and a record low of EUR0.18 Kilowatt-hour in December of 2010.

Sweden Electricity Price: Avg: AC: HC: Energy: Between Above 15000 kWh data was reported at 63.081 Ore/kWh in Dec 2019. This records a decrease from the previous number of 65.422 Ore/kWh for Jun 2019. Sweden Electricity Price: Avg: AC: HC: Energy: Between Above 15000 kWh data is updated semiannually, averaging 58.041 Ore/kWh from Jun 2017 (Median) to Dec 2019, with 6 observations. The data reached an all-time high of 69.000 Ore/kWh in Dec 2018 and a record low of 47.000 Ore/kWh in Jun 2017. Sweden Electricity Price: Avg: AC: HC: Energy: Between Above 15000 kWh data remains active status in CEIC and is reported by Statistics Sweden. The data is categorized under Global Database’s Sweden – Table SE.P002: Electricity Price.

The inflation rate of liquid fuel prices in Sweden has increased significantly since 2021, peaking at 69 percent in June 2022. Energy, electricity, and liquid fuels inflation rates have resumed their upward trajectory in 2024, following a decline in 2023.

The prices that non-household consumers paid for electricity in Sweden hit 13.23 euro cents per kilowatt-hours in 2022, for an annual consumption of less than 2,000 megawatt hours. For users with a consumption between 20 and 70 gigawatt hours, prices averaged almost 11 euro cents per kilowatt-hour that year. That year, despite the ongoing energy crisis, Swedish consumers enjoyed one of the cheapest industrial electricity prices among European countries.

Sweden Electricity Price: Avg: Annual Consumption (AC): Industrial Consumers (IC): Energy: Below 20 MWh data was reported at 46.485 Ore/kWh in Dec 2019. This records a decrease from the previous number of 52.000 Ore/kWh for Jun 2019. Sweden Electricity Price: Avg: Annual Consumption (AC): Industrial Consumers (IC): Energy: Below 20 MWh data is updated semiannually, averaging 45.242 Ore/kWh from Jun 2017 (Median) to Dec 2019, with 6 observations. The data reached an all-time high of 54.000 Ore/kWh in Dec 2018 and a record low of 37.000 Ore/kWh in Jun 2017. Sweden Electricity Price: Avg: Annual Consumption (AC): Industrial Consumers (IC): Energy: Below 20 MWh data remains active status in CEIC and is reported by Statistics Sweden. The data is categorized under Global Database’s Sweden – Table SE.P002: Electricity Price.

Graph and download economic data for Harmonized Index of Consumer Prices: Heat Energy for Sweden (CP0455SEM086NEST) from Jan 1996 to May 2025 about heating, Sweden, harmonized, energy, CPI, price index, indexes, and price.

Sweden Electricity Price: Avg: AC: HC: Network: Between 2500 and 5000 kWh data was reported at 146.963 Ore/kWh in Dec 2019. This records an increase from the previous number of 141.704 Ore/kWh for Jun 2019. Sweden Electricity Price: Avg: AC: HC: Network: Between 2500 and 5000 kWh data is updated semiannually, averaging 139.500 Ore/kWh from Jun 2017 (Median) to Dec 2019, with 6 observations. The data reached an all-time high of 146.963 Ore/kWh in Dec 2019 and a record low of 129.000 Ore/kWh in Dec 2018. Sweden Electricity Price: Avg: AC: HC: Network: Between 2500 and 5000 kWh data remains active status in CEIC and is reported by Statistics Sweden. The data is categorized under Global Database’s Sweden – Table SE.P002: Electricity Price.

The electricity prices for household end users (including taxes, levies, and VAT) in Sweden increased by 0.03 euro cents per kWh (+15.79 percent) in the previous six months. Therefore, the electricity prices in Sweden reached a peak in the first half of 2022 with 0.22 euro cents per kWh.The prices include gas basic price, transmission, system services, meter rental, distribution and other services.Find more statistics on other topics about Sweden with key insights such as natural gas prices for household end users incl. tax.

This statistic shows the projected price of electricity for final demand sectors in Sweden, from 2020 to 2050. The projections form part of the EU Reference Scenario 2016, providing a framework by which energy and environment policy can be assessed.

The price of electricity is to grow until 2040, where it will remain steady before eventually falling in 2050.

Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Sweden (SWECPIENGMINMEI) from Jan 1970 to Mar 2025 about Sweden, energy, CPI, price index, indexes, and price.

Ireland, Italy, and Germany had some of the highest household electricity prices worldwide, as of March 2025. At the time, Irish households were charged around 0.45 U.S. dollars per kilowatt-hour, while in Italy, the price stood at 0.43 U.S. dollars per kilowatt-hour. By comparison, in Russia, residents paid almost 10 times less. What is behind electricity prices? Electricity prices vary widely across the world and sometimes even within a country itself, depending on factors like infrastructure, geography, and politically determined taxes and levies. For example, in Denmark, Belgium, and Sweden, taxes constitute a significant portion of residential end-user electricity prices. Reliance on fossil fuel imports Meanwhile, thanks to their great crude oil and natural gas production output, countries like Iran, Qatar, and Russia enjoy some of the cheapest electricity prices in the world. Here, the average household pays less than 0.1 U.S. dollars per kilowatt-hour. In contrast, countries heavily reliant on fossil fuel imports for electricity generation are more vulnerable to market price fluctuations.

Sweden - Producer prices in industry: Electricity, gas, steam and air conditioning supply was 103.20 points in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Sweden - Producer prices in industry: Electricity, gas, steam and air conditioning supply - last updated from the EUROSTAT on July of 2025. Historically, Sweden - Producer prices in industry: Electricity, gas, steam and air conditioning supply reached a record high of 235.80 points in December of 2022 and a record low of 39.90 points in August of 1990.

Sweden Electricity Price: Avg: AC: IC: Energy: Between 70000 and 150000 MWh data was reported at 38.377 Ore/kWh in Dec 2019. This records a decrease from the previous number of 43.650 Ore/kWh for Jun 2019. Sweden Electricity Price: Avg: AC: IC: Energy: Between 70000 and 150000 MWh data is updated semiannually, averaging 37.189 Ore/kWh from Jun 2017 (Median) to Dec 2019, with 6 observations. The data reached an all-time high of 44.000 Ore/kWh in Dec 2018 and a record low of 32.000 Ore/kWh in Jun 2017. Sweden Electricity Price: Avg: AC: IC: Energy: Between 70000 and 150000 MWh data remains active status in CEIC and is reported by Statistics Sweden. The data is categorized under Global Database’s Sweden – Table SE.P002: Electricity Price.

Electricity prices in Europe are expected to remain volatile through 2025, with Italy projected to have some of the highest rates among major European economies. This trend reflects the ongoing challenges in the energy sector, including the transition to renewable sources and the impact of geopolitical events on supply chains. Despite efforts to stabilize the market, prices in countries like Italy are forecasted to reach ****** euros per megawatt hour by February 2025, indicating persistent pressure on consumers and businesses alike. Natural gas futures shaping electricity costs The electricity market's future trajectory is closely tied to natural gas prices, a key component in power generation. Dutch TTF gas futures, a benchmark for European natural gas prices, are projected to be ***** euros per megawatt hour in April 2025. This represents an increase of about ** euros compared to the previous year, suggesting that gas prices will continue to influence electricity rates across Europe. The reduced output from the Groningen gas field and increased reliance on imports further complicate the pricing landscape, potentially contributing to higher electricity costs in countries like Italy. Regional disparities and global market influences While European electricity prices remain high, significant regional differences persist. For instance, natural gas prices in the United States are expected to be roughly one-third of those in Europe by March 2025, at **** U.S. dollars per million British thermal units. This stark contrast highlights the impact of domestic production capabilities on global natural gas prices. Europe's greater reliance on imports, particularly in the aftermath of geopolitical tensions and the shift away from Russian gas, continues to keep prices elevated compared to more self-sufficient markets. As a result, countries like Italy may face sustained pressure on electricity prices due to their position within the broader European energy market.

Graph and download economic data for Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Sweden (CPGREN01SEM657N) from Feb 1970 to Nov 2023 about Sweden, fuels, electricity, energy, gas, CPI, price index, indexes, and price.

Germany, Belgium, and Ireland had some of the highest household electricity prices worldwide, as of June 2024. At the time, German households were charged around 0.39 U.S. dollars per kilowatt-hour, while in Belgium, the price stood at 0.37 U.S. dollars per kilowatt-hour. By comparison, in Qatar, residents paid more than 10 times less. What is behind electricity prices? Electricity prices vary widely across the world and sometimes even within a country itself, depending on factors like infrastructure, geography, and politically determined taxes and levies. For example, in Denmark, Belgium, and Sweden, taxes constitute a significant portion of residential end-user electricity prices. Reliance on fossil fuel imports Meanwhile, thanks to their great crude oil and natural gas production output, countries like Iran, Qatar, and Russia enjoy some of the cheapest electricity prices in the world. Here, the average household pays less than 0.1 U.S. dollars per kilowatt-hour. In contrast, countries heavily reliant on fossil fuel imports for electricity generation are more vulnerable to market price fluctuations. The top importers of natural gas in Europe in 2023 were Germany and Italy, where this energy source constitutes a relevant share of the power mix.

Sweden Electricity Price: TP: HH: Between 1000-2499 kWh data was reported at 73.020 SEK/kWh in Dec 2024. This records a decrease from the previous number of 83.450 SEK/kWh for Jun 2024. Sweden Electricity Price: TP: HH: Between 1000-2499 kWh data is updated semiannually, averaging 59.980 SEK/kWh from Dec 2014 (Median) to Dec 2024, with 21 observations. The data reached an all-time high of 187.030 SEK/kWh in Dec 2022 and a record low of 40.430 SEK/kWh in Dec 2015. Sweden Electricity Price: TP: HH: Between 1000-2499 kWh data remains active status in CEIC and is reported by Statistics Sweden. The data is categorized under Global Database’s Sweden – Table SE.P002: Electricity Price.

Sweden's wind power sector, contributing a quarter of its electricity, faces hurdles from low prices and lack of subsidies, threatening its green goals.