MONDAY 9 NOVEMBER· STOCKHOLM · THE DAY IN 5 STORIES

Southern Sweden’s wholesale power price tops SEK 4 per kWh

A hand presses a washing machine’s control panel.
A hand presses a washing machine’s control panel. Illustrative photograph. RDNE Stock project / Pexels License

Wholesale electricity prices in Sweden’s southernmost price zone, SE4, average more than SEK 4 per kilowatt-hour on Monday, with late-afternoon prices reaching around SEK 7.

The figures come from Nord Pool’s prices for the day, Sveriges Radio reports. They describe the wholesale electricity cost, before VAT, energy tax, network fees and the supplier’s mark-up.

How sharply that reaches a household depends on its contract. With a quarter-hour price contract, the electricity price changes every 15 minutes with the spot market, according to the Energy Markets Inspectorate. Moving electricity use away from the most expensive periods can therefore affect the energy cost.

A monthly variable-price contract works differently: the customer pays the same electricity price per kilowatt-hour throughout the month, regardless of the time of day. Monday’s peak alone does not determine November’s final bill.

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