Tag: electricity prices
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Norgepris Popularity in Norway and Its Possible Impact on Swedish Electricity Prices
What is Norgepris and how does it work? Norgepris is a government-backed price protection scheme in Norway designed to shield consumers from sharp spikes in wholesale electricity costs. Under this arrangement, many customers pay a fixed price of 40 øre per kilowatt-hour (kWh), with taxes and other charges excluded. If the market price climbs above…
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Norgepris popularity grows: could Norway’s price shield affect Swedish electricity prices
What is Norgepris and how does it work? Norgepris is a government-backed mechanism designed to shield consumers from sharp spikes in electricity prices. In its Norwegian form, households and holiday homes can opt into a fixed tariff of 40 øre per kWh, excluding taxes and other charges. The key element of the scheme is that…
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Electricity Prices Drop in Switzerland 2026, Not Uniformly
Introduction to the Decline in Electricity Prices Switzerland is set to witness a notable reduction in electricity prices in 2026, providing much-needed relief for households across the country. According to a recent announcement by the Federal Electricity Commission (Elcom), these prices will decrease by an average of approximately 4% in basic supply. While this news…