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Cheaper electricity on the way

Published tisdag 1 maj 2012 kl 15.17
Photo: Nick Näslund/Sveriges Radio

The Nordic electricity market is expected to produce cheaper power in the year ahead, particularly for customers in northern Sweden.

That can mean savings of over US$400 for many households with so-called floating electricity charges.

“The expectation is that the northern electricity area will have the lowest prices and Malmö [in the south] will have the highest,” Faraz Azima at the price comparison website, Elskling, told news agency TT.

In Sweden customers can choose to fix their electricity charges at a particular rate or let them fluctuate in line with production.

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