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Falling electricity prices in Sweden in July


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Monday, 01 August 2011
Low usage as more people go on holidays and great weather means that the price for electricity in Sweden continues to fall.

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The average price on the Nordic energy power exchange, Nord Pool in July was 36.3 �re per kilowatt hour. It is 18 percent lower than the average price in June.

Low consumption during the summer and well-filled hydro reservoirs are also blamed for driving down the price of electricity. The current financial crisis and the well-filled reservoirs also decreases the risk as high electricity prices during the previous two winters, according electricity exchange site, elskling.se.
By Scancomark.se Team



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