The Swedish government is introducing electricity subsidies

Mikael DambergPhoto: Henrik Montgomery / TT / NTB

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

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

Do you have a news tip for Norway Today? We want to hear it. Get in touch at


Be the first to comment on "The Swedish government is introducing electricity subsidies"

Leave a comment

Your email address will not be published.