Fixed or variable electricity price: the record for the last twelve months

Nobody knows what power will cost next winter, but Statistics Sweden shows what each contract type actually cost.

Checked by Radif Partners · Editorial policy · Method and sources

For an electrically heated house in SE4 using 1,500 kWh a month, energy over the twelve months from September 2025 to August 2026 cost SEK 22,830 on a variable contract and SEK 23,972 on a one-year fixed price, VAT included, according to Statistics Sweden’s figures on what retailers billed. The cheapest was the fixed 3 yrs contract. These figures cover retail energy only: the grid fee and energy tax of 36.0 öre/kWh are the same whatever you sign. The fixed price in the statistics is the average of contracts signed each month, which makes it a fair comparison for a customer who renews every year. Choose zone, home and consumption in the tool to see the ranking for your own case. A variable price can turn expensive in a cold winter; a fixed price pays for certainty.

Cheapest over the last 12 months in SE4

Variable monthly price

SEK 16,096 for the energy, incl. VAT

Variable monthly price (134.1 öre/kWh)SEK 16,096
Fixed price, 1 year (141.0 öre/kWh)SEK 16,918
Fixed price, 3 years (134.3 öre/kWh)SEK 16,110
Default contract (none chosen) (146.8 öre/kWh)SEK 17,616
Assumptions

Statistics Sweden monthly retail prices up to August 2026, with 25% VAT added. Retail energy only: grid fees and energy tax are the same whatever the contract. The fixed price is the average for contracts signed each month, not the price of a contract you already hold. Method and sources

Twelve months for a heated house, every zone

Statistics Sweden, house with electric heating, 1,500 kWh a month, energy incl. VAT, September 2025 to August 2026. Grid and energy tax not included.
ZoneVariableFixed 1 yrFixed 3 yrsDefaultCheapest
SE1SEK 12,390SEK 16,436SEK 16,112SEK 15,853variable
SE2SEK 12,506SEK 16,121SEK 15,801SEK 14,946variable
SE3SEK 19,149SEK 20,072SEK 18,919SEK 22,905fixed 3 yrs
SE4SEK 22,830SEK 23,972SEK 22,686SEK 25,033fixed 3 yrs

The ranking shifts between zones and between years. In the south, where prices swing most, a single expensive winter month often decides the whole year, so it makes sense to look beyond one year.

Four years in SE4: variable against one-year fixed

Statistics Sweden, house with electric heating, SE4, mean of monthly prices.
YearVariable, before VATFixed 1 yr, before VAT
2022179.2 öre/kWh335.2 öre/kWh
202392.9 öre/kWh180.3 öre/kWh
202472.1 öre/kWh99.6 öre/kWh
202583.2 öre/kWh97.9 öre/kWh

In SE4 the one-year fixed price for new contracts has been above the variable price every year since 2022, with the widest gap in 2022 itself. In hindsight, certainty has cost money. That says nothing sure about next winter, but it shows a fixed price is not a way to pay less on average.

What the statistics do not tell you

Statistics Sweden reports averages. Your own mark-up and monthly fee may be higher or lower; see mark-up and fees. Hourly or quarter-hour contracts are not a separate group in the statistics; the guide to quarter-hour prices covers when they pay. Month by month, everything is on electricity prices by month.

Frequently asked questions

Does a fixed price pay off for a flat in Malmö?

For a flat in SE4 using 200 kWh a month, the fixed 3 yrs contract was cheapest over the last twelve months per Statistics Sweden, at SEK 3,564 for energy with VAT. At such low consumption the gaps between contracts are small in kronor; the retailer’s fixed monthly fee may matter more.

What happens if I never choose a contract after moving?

You are placed on a default contract (anvisat avtal) with the retailer your grid company appointed. In Statistics Sweden’s data, the default price has run above the variable price in every zone over the last twelve months, so pick a contract yourself as soon as you can after moving in.

Is a quarter-hour contract the same as a variable price?

No. On a quarter-hour contract (kvartsprisavtal) you pay each quarter’s spot price, so shifting use pays. On a variable monthly price you pay the month’s average, weighted by how all customers in the zone use power. Energimarknadsbyrån notes that fixed and variable customers noticed nothing when quarter-hour prices arrived.

Related pages and calculators

Sources

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Publisher of Elpriskollen · the all-in price of electricity, grid fees and appliance running costs in Sweden

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Amounts and rules 2026, checked