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The Swedish government is introducing electricity subsidies

Electricity prices in Sweden have also skyrocketed recently. Now the Swedish government wants to compensate residents for the high electricity prices.

The Swedish government is introducing electricity subsidies
Photo: Henrik Montgomery / TT / NTB

The government proposes introducing a subsidy of a maximum of NOK 2,000 per month for households affected by high electricity prices in December, January, and February. That means the maximum support for the relevant months could amount to a total of NOK 6,000.

A total of SEK 6 billion is set aside for the purpose, Minister of Finance Mikael Damberg (S) and Minister of Energy Khashayar Farmanbar (S) stated at a press conference.

“This is an exceptional measure in an exceptional situation,” Damberg said.

He noted the compensation would cover 1.8 million households, with electricity consumption of at least 2,000 kilowatt-hours per month.

Source: © NTB Scanpix / #Norway Today / #NorwayTodayFinance

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