The tax on electricity is reduced by almost ten öre per kilowatt hour, which corresponds to a reduction of approximately 20 percent. The reduction will come into effect from the turn of the year.
In addition, from November this year and continued throughout 2026, a high-cost protection is introduced, aimed at high electricity prices.
We are allocating 6 billion kronor to press the Swedes' electricity bills, says Energy and Trade Minister Ebba Busch (KD) during the press conference where the measures were presented.
No details
The high-cost protection will apply if the average price of electricity during a month exceeds 1.5 kr/kWh within an electricity area.
The Sweden Democrats' economic-political spokesperson Oscar Sjöstedt says that compensation to households if the high-cost protection is triggered will be paid out during 2026.
I have not specified more than that. It is also the case that it will be a solidarity model. It is not a high-cost protection of 100 percent, but you will get a certain compensation, he says.
Sjöstedt also says that if it becomes relevant, if prices soar upwards in the winter, then you will have to come back with details.
Affect inflation
Oscar Sjöstedt says that the reduced electricity tax, in addition to giving households lower electricity costs, hopefully will also affect inflation.
Electricity is an input good in a very large amount of other goods and service production. If we get the price of the input good down, it will affect inflation indirectly in a downward direction.
