• Sweden's news in English

Mild winter sees ten-year low in electricity prices

The Local · 28 Mar 2014, 11:21

Published: 28 Mar 2014 11:21 GMT+01:00

The figures released by electricity supplier Telge Energi revealed that the average bill for the December to March period was 4,300 kronor ($664) lower for homeowners than the bitter winter of 2010.

"We are noting one of the lowest March prices in ten years, just 0.22 kronor per kWh," Telge Energi said in a statement.

It's a stark contrast to December 2010 when it was reported that the spot price for electricity had reached a record average 0.83 kronor per kWh. The Swedish electricity market was deregulated in 1996, with figures being compiled on what Swedes are shelling out for power ever since. 

The company added that the mild winter and higher than normal precipitation have contributed to the cost savings. Prices for household fuel such as coal have also dropped. 

The lower figures are particularly good news for home owners with variable contracts reported the electricity supplier. Indeed, the energy prices for March 2014 are 56 percent lower than March 2010.

"If you have high consumption and want to feel safe knowing what the electricity will cost each month then it could be an idea that you bind your electricity prices. With the historically low electric price we have right now it could be a good time to bind your electrical costs for the future," Anna Albinson, customer manager of Telge Energi said in a statement.

With the mild winter now a thing of the past the weather looks set to improve over the last weekend of March. Weatherpal reported that temperatures will reach up to 15C with plenty of sun across the country.

"Saturday will be like Friday with sun, warm and continuing mild breezes. However in the Lapland mountains there may be some more clouds and snow," said Weatherpal meteorologist Lisa Frost.

She added that there will be "spring weather" for most of the rest of the country to savour.

In the capital it is expected to peak at 11C with plenty of sun on Saturday with Gothenburg expected to enjoy up to 14C with similar temperatures forecast for Malmö.

Story continues below…

Find out what the weather is doing in your corner of Sweden

The Local/pr 


The Local (news@thelocal.se)

Your comments about this article

Today's headlines
The top reactions to Swedish high heels handyman video
Andersson was in agony after a day of laying floors in high heels. Photo: Emil Andersson

What did The Local's readers think about this viral clip challenging sexist beauty ideals?

Transport authorities call for probe into tech glitch
SAS aircraft grounded at Arlanda airport last week. Photo: Johan Nilsson/TT

But officials say it was not sabotage that caused last week's network failure, which knocked out large parts of Swedish air traffic.

Why northern Swedes get the hots for sex toys
File photo of handcuffs. Photo: Gunnar Lundmark/SvD/TT

Where in Sweden do people buy the most sex toys? Kiruna in the far north, apparently.

Royal baptism day for Sweden's Prince Oscar
Prince Oscar with Archbishop Antje Jackelén. Photo: Jonas Ekströmer/TT

UPDATED: Royalty, dignitaries and other esteemed figures took to Stockholm's Royal Chapel for the ceremony.

Giant replica of Swedish 18th century ship up for sale
The Götheborg setting sail from Stockholm in 2008. Photo: Claudio Bresciani / TT

A replica of a doomed Swedish merchant vessel that sank in 1745 within sight of its home port of Gothenburg has been put up for sale.

Border checks
First migrants make it from Denmark to Sweden on foot
The Öresund bridge between Sweden and Denmark. Photo: Erland Vinberg/TT

Dozens of attempts have been made, but this is the first successful crossing since Sweden introduced ID and border checks.

Poll: Swedes are worried about Brexit consequences
The possibility of Brexit has Swedes worried about the EU's future. Photo: Lars Pehrson/SvD/TT

Swedes are worried about what may happen both at home and abroad if Britain votes to leave the EU in June.

The Local Recipes
Fend off the bad weather with a Swedish beetroot salad
Beetroot salad with cumin and feta. Photo: John Duxbury/Swedish Food

Rain, rain, go away.

How a Swedish rocker saved the life of this cute baby elk
Erik Brodén's daughters Tyra and Brita with the elk baby. Photo: Private

Probably the sweetest story you'll read today.

Man sentenced over dinner party murder in west Sweden
The man during a preliminary court hearing last year. Photo: Björn Larsson Rosvall/TT

He stabbed his friend at a dinner party and attempted to kill two others.

Sponsored Article
How to find student housing in Malmö: 5 tips
The best, cutest and funniest snaps from Prince Oscar's christening
Sponsored Article
Can you afford to live in Stockholm? (Hint: yes)
Is this town the best place in Sweden?
People-watching: May 25th
Blog updates

27 May

Editor’s blog, May 27th (The Local Sweden) »

"Hej readers, Would you spend a day doing manual labour in high heels? That’s what Swedish…" READ »


17 May

What about “att”? (The Swedish Teacher) »

"Hej! It often seems like the small words are the ones that cause the most confusion.…" READ »

Sponsored Article
'Sweden gives artists the space to follow their dreams'
WATCH: Why Swedish handyman wore pink high heels for feminism
Sponsored Article
Stockholm makes it easier for refugees to meet startups
LIST: Top-ten ridiculous things Zlatan has compared himself to
Business & Money
Why Swedes don't want the euro
Property of the week: Vika, Falun
Sponsored Article
Food, fun, and reliable sun: Summer in Dubrovnik
Is this the most Swedish tattoo ever?
Sponsored Article
How Stockholm startups help new employees feel at home
People-watching: May 20th-22nd
How to really annoy a Swede abroad
Sponsored Article
'Only soft power can defeat radicalism'
How this war veteran is warming hearts in Sweden
Sponsored Article
Why Stockholm attracts so many successful researchers
People-watching: May 18th
How this Swede's viral ad totally nailed Stockholm's housing crisis
Property of the week: Vasastaden, Gothenburg
Sponsored Article
'Sweden gives artists the space to follow their dreams'
The best Swedish cities for dating
Sponsored Article
Retiring abroad: ensuring your health is covered
People-watching: May 13th-15th
Sponsored Article
Can you afford to live in Stockholm? (Hint: yes)
BLOG: Eurovision as it happened
Why a 116-year-old Swede isn't the world's oldest woman
Youth unemployment falls in Sweden
People-watching: May 11th
People-watching: May 6th-8th
Why Sweden's Greens are in free fall
Can these cartoon Swedes help foreigners blend in?
jobs available
PSD Media
PSD Media is marketing company that offers innovative solutions for online retailers. We provide modern solutions that help increase traffic and raise conversion. Visit our site at: