🇨🇭 Electricity spot price in Switzerland today – July 24, 2024

Electricity spot prices in Switzerland today, hour by hour. Including prices for the last 30 days.

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Electricity price today in Switzerland

Right now the price of electricity in Switzerland is   -0.004 €/kWh +15,3 %

Highest electricity price today is 0.099 €/kWh at 22-23 Lowest electricity price today is -0.004 €/kWh at 14-15 On average the electricity price today is ~0.054 €/kWh
Detailed tabled Last 30 days

A shower costs today
-0.03 € in Switzerland

Lowest price today: 0.59 € Highest price today: -0.03 €

10 min, 160 l of water = ~6 kWh

A bath costs today
-0.03 € in Switzerland

Lowest price today: 0.74 € Highest price today: -0.03 €

200 liters of water = ~7,5 kWh

An oven at full blast all day costs today
1.31 € in Switzerland

 

1000W x 24 hours = 24 kWh

Boil 1 liter of water costs today
<0.01 € in Switzerland

Lowest price today: 0.01 € Highest price today: <0.01 €

Hot plate for 4 min = ~0,12 kWh

Bake a pizza costs today
<0.01 € in Switzerland

Lowest price today: 0.11 € Highest price today: <0.01 €

Oven for 30 min = ~1,1 kWh

Charge an electric car costs today
-0.20 € in Switzerland

Lowest price today: 4.46 € Highest price today: -0.20 €

Nissan Leaf 10-80% = ~45 kWh

More examples
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Electricity market in Switzerland

Energy sources in Switzerland

Switzerland's electricity market is distinguished by its heavy reliance on renewable energy sources, particularly hydroelectric power. The country's abundant alpine rivers and lakes facilitate the generation of hydroelectricity, making it the cornerstone of the Swiss energy strategy. In addition to hydroelectric power, Switzerland also invests in other renewable sources such as solar and wind energy, though to a lesser extent.

Energy sources in Switzerland

Nuclear energy is another significant component of Switzerland's energy mix. However, there is a gradual shift towards reducing reliance on nuclear power in favor of renewable sources, in line with the country's long-term energy strategy.

Main source of energy

Hydroelectric power is the mainstay of Switzerland's electricity generation. The country's topographical features, including its mountainous landscape and numerous rivers, provide ideal conditions for the operation of hydroelectric plants. This reliance on hydroelectric power highlights Switzerland's commitment to sustainable and environmentally friendly energy production.

Hydroelectricity not only supplies a significant portion of the national electricity demand but also plays a pivotal role in maintaining energy security and promoting sustainable development.

Switzerland's electricity market dynamics

Although not a member of the European Union, Switzerland is closely integrated with the European electricity market. The country's strategic location in the heart of Europe and its robust energy infrastructure allow for significant cross-border electricity trading. This interconnectedness is crucial for the stability of both the Swiss and European electricity markets.

Switzerland's energy policies are geared towards ensuring a reliable, sustainable, and competitive electricity market, with a strong emphasis on integrating renewable energy sources and enhancing energy efficiency.

Challenges and future prospects

Switzerland faces challenges in further diversifying its energy mix, especially in increasing the share of non-hydro renewables like solar and wind energy. The country's commitment to phasing out nuclear power also presents challenges in ensuring a stable and continuous electricity supply.

Future investments are likely to focus on renewable energy technologies and energy efficiency measures. These efforts are key to achieving Switzerland's long-term goals of energy sustainability, reduced carbon emissions, and enhanced energy independence.


Energy saving tips

Take a shorter shower or install an energy-saving shower

With the energy-saving shower, you can save up to 50% energy compared to standard shower heads. Or you can shower half the time. With the electricity price today in Switzerland you can save -0.01 € for each shower.

Switch to energy-saving light bulbs

Lighting is not the thing that uses the most electricity, but it can still be a good investment to switch to energy-efficient and LED lights. These provide up to 10x more light with the same amount of energy.

Questions and answers about electricity

What determines the electricity spot price?

Supply and demand determine the price of electricity in Europe. If there is a high production of electricity from power plants and demand is low, the price will fall. If, on the other hand, the production of electricity is small and demand is high, prices will increase. Therefore, the price of electricity is often highest in winter, as the need for electricity for heating is highest.

More questions and answers


All prices are current open market spot prices in the day-ahead segment without local vat, tax or other additions.

Timezone is Central European Time (CET) with Daylight Saving Time (DST). Current time: Wed, 24 Jul 2024 14:28

Data source is ENTSO-E