Report: Prosperous electricity grid companies raised fees more than twice the rate of inflation

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Report: Prosperous electricity grid companies raised fees more than twice the rate of inflation
Photo: Johan Nilsson / TT

The electricity network fee increased by 115 percent for an average household customer between 2005 and 2026. Inflation during the same period was 49 percent, according to the Energy Market Inspectorate (Ei).

The report, which is being submitted to the government, also shows that the electricity network companies' annual profit margin in 2020-2024 was 16-23 percent. The return on equity was also higher than for electricity trading companies and electricity producers.

"This is despite the fact that companies in electricity trading and electricity production have a higher market risk than electricity network companies that operate in a monopoly market," writes Ei, which is in the process of developing a new model that will limit the companies' ability to raise their prices.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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