INTIEASweden · Government will introduce a new protection mechanism against high-electricity pricesPolicyIn force

Government will introduce a new protection mechanism against high-electricity prices

The Swedish Government introduced a new protection mechanism against high-electricity prices. Both households and companies will be concerned by the mechanism. SEK 60 billion of the fees paid to state-owned public utility Svenska kraftnät will be returned to customers as a…

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Country / jurisdiction: Sweden · Year: 2022 · Status: In force · Level: National · Type: Voluntary

The Swedish Government introduced a new protection mechanism against high-electricity prices. Both households and companies will be concerned by the mechanism. SEK 60 billion of the fees paid to state-owned public utility Svenska kraftnät will be returned to customers as a compensation to lower prices. At least half of the amount should go to households, either through reduced charges, refunds, or other measures that lower prices.

Official source: https://www.regeringen.se/pressmeddelanden/2022/10/forslag-om-hogkostnadsskydd-for-hoga-elpriser-hanteras-skyndsamt/

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https://www.iea.org/policies/16234

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