Social Democrats demand government response on electricity subsidies

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Social Democrats demand government response on electricity subsidies
Photo: Lars Schröder/TT

The Social Democrats are demanding that the government promptly notify households about electricity subsidies. They also believe the government's cap on electricity subsidies is set so high that no one will receive any subsidies.

- "The limit is set too high; people are left in the lurch when electricity bills skyrocket," says the party's energy policy spokesperson, Fredrik Olovsson, at a press conference.

The government has allocated money in this year's budget for an electricity subsidy that will be paid if the average price on the spot market for an entire month is above SEK 1.50 per kilowatt hour. Experts and electricity market analysts have assessed that the spot price will not exceed that level.

S demands that the level be lowered, perhaps down to one krona per kilowatt hour, and that money be paid out no later than March 1.

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

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