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Sweden to subsidize electricity bills for households and businesses to ease the strain of high electricity costs

Sweden to subsidize electricity bills for households and businesses to ease the strain of high electricity costs

Posted on September 5, 2022   |  

  • Households and companies will be compensated with at least 30 billion Swedish crowns ($2.9 billion).
  • Electricity prices in southern Sweden reached a high of 7.68 crowns per kilowatt hour and prices are likely to soar even higher during the coming winter.