Electricity price in Sweden today
The spot price of electricity hour by hour in South Sweden (SE4) and Central Sweden (SE3), Friday, 23 October 2026.
Sweden has not one electricity price but four. Since 1 November 2011 the country has been divided into the bidding zones SE1 to SE4, and the same hour can cost very different amounts in Luleå and in Malmö. Most of the power is generated in the north, by rivers and wind turbines, while most of it is consumed in the south, around Stockholm, Gothenburg and Malmö.
The hourly prices on this page are for SE3 (Stockholm) and SE4 (Malmö), the two southern zones where most Swedes live. The northern zones usually clear at the same level as SE3 or below it: when the lines running south are full, surplus power is trapped in the north and its price falls.
Today electricity costs 164.9 öre/kWh in South Sweden (SE4) and 96.5 öre/kWh in Central Sweden (SE3) on average.
LiveSource: Energi Data Service (Energinet)Rate: ECB 22/10/2026
This page shows South Sweden (SE4) and Central Sweden (SE3) only. The prices of the other bidding zones in Sweden may not be freely republished.
Hour by hour
The three cheapest hours in a row are 21–00 (average 93.8 öre/kWh). The dearest hour is 07–08.
Show every hour as a table
| Hour | Spot price (öre/kWh) | With 25% VAT | Level |
|---|---|---|---|
| 00–01 | 188.3 | 235.3 | Dear |
| 01–02 | 177.3 | 221.7 | Middle |
| 02–03 | 173.5 | 216.9 | Middle |
| 03–04 | 175.9 | 219.9 | Middle |
| 04–05 | 173.7 | 217.1 | Middle |
| 05–06 | 182.3 | 227.8 | Dear |
| 06–07 | 207.6 | 259.5 | Dear |
| 07–08 | 252.0 | 315.0 | Dear |
| 08–09 | 250.3 | 312.8 | Dear |
| 09–10 | 216.7 | 270.9 | Dear |
| 10–11 | 184.1 | 230.1 | Dear |
| 11–12 | 156.0 | 195.0 | Cheap |
| 12–13 | 135.2 | 169.0 | Cheap |
| 13–14 | 124.7 | 155.9 | Cheap |
| 14–15 | 135.5 | 169.4 | Cheap |
| 15–16 | 156.7 | 195.9 | Middle |
| 16–17 | 171.9 | 214.9 | Middle |
| 17–18 | 178.8 | 223.5 | Dear |
| 18–19 | 174.4 | 218.0 | Middle |
| 19–20 | 152.3 | 190.3 | Cheap |
| 20–21 | 108.7 | 135.9 | Cheap |
| 21–22 | 93.9 | 117.3 | Cheap |
| 22–23 | 101.7 | 127.2 | Cheap |
| 23–00 | 85.7 | 107.1 | Cheap |
The spot price is the exchange price, the average of the hour's four quarter-hour prices, before taxes, network tariffs and VAT. Converted at the ECB reference rate of 22/10/2026: 1 EUR = 11.1120 SEK. The ECB's rates are free to use.
The three cheapest hours in a row are 21–00 (average 47.3 öre/kWh). The dearest hour is 07–08.
Show every hour as a table
| Hour | Spot price (öre/kWh) | With 25% VAT | Level |
|---|---|---|---|
| 00–01 | 82.7 | 103.3 | Middle |
| 01–02 | 77.8 | 97.3 | Cheap |
| 02–03 | 76.5 | 95.6 | Cheap |
| 03–04 | 76.8 | 96.1 | Cheap |
| 04–05 | 70.2 | 87.7 | Cheap |
| 05–06 | 75.9 | 94.9 | Cheap |
| 06–07 | 109.1 | 136.4 | Dear |
| 07–08 | 164.5 | 205.7 | Dear |
| 08–09 | 164.4 | 205.5 | Dear |
| 09–10 | 144.2 | 180.2 | Dear |
| 10–11 | 124.3 | 155.3 | Dear |
| 11–12 | 107.4 | 134.3 | Middle |
| 12–13 | 94.9 | 118.6 | Middle |
| 13–14 | 88.7 | 110.8 | Middle |
| 14–15 | 95.2 | 118.9 | Middle |
| 15–16 | 107.0 | 133.7 | Middle |
| 16–17 | 116.7 | 145.9 | Dear |
| 17–18 | 120.8 | 151.0 | Dear |
| 18–19 | 118.0 | 147.5 | Dear |
| 19–20 | 102.4 | 128.0 | Middle |
| 20–21 | 55.4 | 69.3 | Cheap |
| 21–22 | 48.7 | 60.8 | Cheap |
| 22–23 | 49.3 | 61.6 | Cheap |
| 23–00 | 44.0 | 54.9 | Cheap |
The spot price is the exchange price, the average of the hour's four quarter-hour prices, before taxes, network tariffs and VAT. Converted at the ECB reference rate of 22/10/2026: 1 EUR = 11.1120 SEK. The ECB's rates are free to use.
Where does the electricity in Sweden come from?
Gross electricity generation in 2024 by energy source. Source: Eurostat (nrg_bal_peh).
Household price since 2023
Average price per kWh, all-in, for a household using 2,500–5,000 kWh a year. Source: Eurostat (nrg_pc_204).
A household in Sweden using 2,500–5,000 kWh a year paid 330.4 öre/kWh on average, all-in, in H1 2026, 12% more than a year before (Eurostat).
Eurostat's figure for each half-year, with taxes, levies, network costs and VAT. Updated twice a year.
How the electricity price works in Sweden
Four zones on a shared Nordic market
Swedish electricity is traded on the Nordic day-ahead market, which is coupled to the rest of Europe. Every day around noon, prices for each hour of the next day are set zone by zone. Where the grid between two zones has spare capacity, their prices meet; where it is congested, they split apart. The zones were introduced after a European Commission competition case about Sweden limiting exports to Denmark to hide bottlenecks inside its own grid.
Svenska kraftnät runs the national transmission grid and keeps it in balance. The regulator, Energimarknadsinspektionen (Ei), supervises the market and caps what local network companies may earn. There is no regulated retail tariff: households choose between a variable monthly price, a fixed-price contract or a contract that follows the spot price hour by hour.
Energy tax, grid fee and VAT
A Swedish bill has two halves. The supplier charges for the electricity itself, at spot or contract price plus a margin. The local grid company, a monopoly in its area, charges a network fee with a fixed yearly part that grows with the size of the main fuse and a charge per kWh; a growing number also bill for peak power.
The energy tax is 36.0 öre per kWh in 2026, down from 43.9 öre on 1 January 2026. Households in Norrbotten, Västerbotten and Jämtland and in some northern municipalities pay 9.6 öre less. VAT of 25% is then added to everything, including the tax, so in months when power is cheap, tax and grid fees make up most of what a household pays.
Snowmelt, reactors and cables to the continent
Water decides a great deal. A wet autumn and a big spring flood fill the reservoirs and push prices down across the Nordics; a dry year does the opposite. Windy days lower prices further, especially in the north. Nuclear availability matters for the south: when a large reactor is offline for maintenance or repairs, SE3 and SE4 feel it at once.
SE4 is the zone most exposed to Europe. It is tied by sea cables to Germany, Poland, Lithuania and Denmark, so on calm, cold days its price is pulled towards continental levels, which are often set by gas.
Hydro, nuclear and fast-growing wind
Hydropower from the large rivers of Norrland is the largest source. Nuclear comes second: six reactors at Forsmark, Ringhals and Oskarshamn, all in SE3. Wind power has grown quickly over the past decade, much of it in the northern half of the country.
Biomass-fired combined heat and power plants contribute mainly in winter, and solar is rising from a low base. Fossil fuels play almost no role in Swedish generation, and over a year Sweden is a large net exporter of electricity.
Sweden between Norway, Finland and the continent
The neighbours each lean on a different source. Norway is almost entirely hydro and often trades at similar prices to northern Sweden. Finland relies heavily on nuclear and wind and is linked to SE1 and SE3, so the three often share a price. Denmark runs on wind and is closely tied to SE4, which is why Malmö and Copenhagen frequently pay the same.
To the south, the Baltic Cable to Germany, SwePol to Poland and NordBalt to Lithuania connect SE4 to markets where coal and gas still set many prices.
Sweden compared with its neighbours
In 2024, hydro made 37%, nuclear made 29% and wind made 24% of the electricity generated in Sweden. Wind, solar, hydro, nuclear and bioenergy together made 99% of generation in Sweden.
Gross electricity generation in 2024 by energy source. Source: Eurostat (nrg_bal_peh). Pumped hydro is left out.
Voltly: your own electricity price in Sweden
Voltly shows the hourly prices in South Sweden (SE4) and Central Sweden (SE3) with taxes, network tariff and VAT, so you see what the hour really costs.
Hourly prices for your bidding zone, all-in, the cheapest hours and the price on your lock screen.
Questions about the electricity price in Sweden
- What does electricity cost in Sweden today?
- In South Sweden (SE4) the spot price averages 164.9 öre/kWh today. It is cheapest at 23–00 with 85.7 öre/kWh and dearest at 07–08 with 252.0 öre/kWh. Network tariffs, taxes and VAT come on top.
- What does an ordinary household in Sweden pay for electricity?
- A household in Sweden using 2,500–5,000 kWh a year paid 330.4 öre/kWh per kWh on average, all-in, in H1 2026, according to Eurostat (about 30.6 c/kWh at today's rate). The price varies with the network company and the contract.
- How much of the electricity in Sweden comes from hydro?
- 37% of the electricity generated in Sweden came from hydro in 2024 (Eurostat), the largest single source.
- Why does the page show only SE3 and SE4?
- The prices for all four zones are published by the power exchange, but its prices for SE1 and SE2 may not be freely republished. The page therefore shows the two southern zones, where most people live. In practice SE1 and SE2 are usually as cheap as SE3 or cheaper.
- Does the grid fee depend on the bidding zone?
- No. The network fee is set by the local grid company within limits set by Ei, and depends on the company and the size of the main fuse, not on the zone. Two neighbours in different zones can pay the same grid fee but different spot prices.
- Who pays the lower energy tax?
- Households in Norrbotten, Västerbotten and Jämtland counties and in certain municipalities in the north of Västernorrland, Gävleborg, Dalarna and Värmland pay an energy tax 9.6 öre per kWh below the standard rate. The reduction follows the address, not the bidding zone.