Swiss Electricity Price Hike Helped Network Provider Boost Profit

2025-04-16 02:16:25

(MENAFN- Swissinfo) Swissgrid, the national electricity grid operator, generated a net profit of CHF103.8 million in 2024, an increase of CHF3.8 million year-on-year. Sales were boosted by higher tariffs. This content was published on April 16, 2025 - 11:46 2 minutes Keystone-SDA

Français fr Swissgrid a dû hausser ses tarifs en 2024 et vaincre de gros défis Original Read more: Swissgrid a dû hausser ses tarifs en 2024 et vaincre de gros défi

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Net revenue totalled CHF1.825 billion, compared to CHF1.219 billion in 2023, Swissgrid announced Wednesday. This sharp rise in revenue is due to the disruption on the energy markets in 2022, with the operator passing on these costs in subsequent years. In 2026, services will again be cheaper, the company assures.

More More Swiss electricity prices to fall by 10% in 2025

This content was published on Sep 5, 2024 Electricity prices will fall by an average of 10% for Swiss households in 2025, the Federal Electricity Commission ElCom reported on Thursday.

Read more: Swiss electricity prices to fall by 10% in 202

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