Electricity tariffs for Swiss households will rise by up to 60% in 2023

Depending on suppliers, electricity prices for Swiss households will rise by up to 60% in 2023 due to the closure of French nuclear power plants, gas shortages and drought.

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“Next year, electricity prices in all of French-speaking Switzerland will rise slightly, and sometimes painfully. According to several announcements made by electricity providers on Wednesday, tariffs could rise by almost 60% for some households,” the official statement said.

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Utility tariffs are rising mainly for two reasons: the increase in the costs of using the Swissgrid network (manager of the Swiss electricity transmission network ), on the one hand, but, above all, a sharp increase in energy prices in the markets, the reasons for which are numerous: the failure of the French nuclear power plants, gas shortages and even drought.