Electricity price May 2024

Average price per bidding zone in May 2024, compared with the previous month and the same month a year earlier.

In May 2024 the average price in SE3 was 23,71 öre/kWh, 58 percent lower than April and 51 percent lower than the same month in 2023.

SE4 cost on average 32,94 öre/kWh more than SE1 (50,58 vs 17,64 öre/kWh).

Comparison by bidding zone

ZoneMay 2024April 2024ChangeMay 2023Change
SE1 Luleå17,6450,47−65 %48,26−63 %
SE2 Sundsvall17,6450,79−65 %48,26−63 %
SE3 Stockholm23,7156,31−58 %48,64−51 %
SE4 Malmö50,5862,45−19 %49,53+2 %

Spot price in öre/kWh excluding VAT, grid fees, energy tax and supplier markup.

Source: Elmarknad.se(opens in new window)

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