🇨🇭 Electricity spot price in Switzerland today – April 20, 2024

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

AD

Electricity price today in Switzerland

Right now the price of electricity in Switzerland is   0.061 €/kWh -15,0 %

Highest electricity price today is 0.089 €/kWh at 21-22 Lowest electricity price today is 0.019 €/kWh at 14-15 On average the electricity price today is ~0.058 €/kWh
Detailed tabled Last 30 days

A shower costs today
0.37 € in Switzerland

Lowest price today: 0.53 € Highest price today: 0.11 €

10 min, 160 l of water = ~6 kWh

A bath costs today
0.46 € in Switzerland

Lowest price today: 0.67 € Highest price today: 0.14 €

200 liters of water = ~7,5 kWh

An oven at full blast all day costs today
1.39 € 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
0.07 € in Switzerland

Lowest price today: 0.10 € Highest price today: 0.02 €

Oven for 30 min = ~1,1 kWh

Charge an electric car costs today
2.74 € in Switzerland

Lowest price today: 4.00 € Highest price today: 0.85 €

Nissan Leaf 10-80% = ~45 kWh

More examples
AD

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

Charge the electric car when electricity is cheapest

The price of electricity can fluctuate a lot during the day and charging an electric car consumes a lot of electricity. With the cost of electricity today in Switzerland it is 3.15 € cheaper to charge at the hours with the lowest price.

Lower the temperature by one degree

Heating is one of the things that consumes the most electricity in a typical home. You save about 5% of the costs for heating for every degree you lower the interior temperature.

Questions and answers about electricity

What is spot price?

Most electricity companies in Europe buy electricity on a common market place, such as Nord Pool. All power plants that produce electricity and electricity companies that supply electricity to homes and businesses meet there. Based on supply and demand, prices are set for each hour and each area, one day in advance. Some countries, such as Norway, are divided into several different price areas, each of which has its own spot price.

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: Sat, 20 Apr 2024 06:31

Data source is ENTSO-E