FINANCIAL RELIEF

Government proposes aid for households hit by high electricity bills

1:46 min
  • The Swedish government has announced proposals to compensate those hardest hit by soaring electricity prices.

  • Affecting 1.8 million households, the government's plans would cover three months from December 2021 with a maximum amount of SEK 2,000 per household per month.

  • "These are exceptional measures for an exceptional situation," Finance Minister Mikael Damberg told a news conference. The government says the exact details of the plans still need to be hammered out in discussions with the electricity companies and parliament.