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The electricity tax is increasing - by almost 10 percent

December 12, 2023
Photo: eyegelb (iStock)
Photo: eyegelb (iStock)
It was long debated whether the annual indexation of the electricity price would be paused due to the economic situation. That was not fulfilled, and instead, the electricity tax will increase by 3.6 öre per kWh excluding VAT at the turn of the year.

The annual indexation of the electricity tax usually follows inflation, which has resulted in an unusually higher increase for next year. Namely, the electricity tax for companies will increase from 39.2 öre to 42.8 öre per kilowatt - an increase of just under 10 percent.
– It is undeniably an indexation that is far above the levels we expect in a healthier market. At the same time, it shows how an investment in solar energy is something that pays off both today and in the long term because you avoid electricity tax on self-produced solar electricity, says Andreas Backström, CEO of SBP, and continues:

– In recent years, the spot price has often been discussed in relation to high electricity prices, but in that debate, it has been easy to miss that electricity tax and other charges are also added to the total electricity price.

Previously, the government indicated that the annually adjusted energy tax would be paused from 2023 levels, which has not happened. According to Företagarna (The Swedish Federation of Business Owners), this will negatively affect the country's companies, and they are critical of the increase.
− We assessed that a paused increase would lead to lower cost pressure for companies, commented Patrick Krassén, Företagarna's tax policy expert, in an article on their website.

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