Electricity prices in Switzerland 2024
In 2024, the average wholesale day-ahead electricity price in Switzerland was 0.071 CHF /kWh (▼29% vs 2023). Below is the month-by-month breakdown plus a chart of how prices moved through the year.
Monthly breakdown — 2024
| Month | CHF/MWh | CHF/kWh | MW |
|---|---|---|---|
| January 2024 | 78.47 CHF | 0.078 CHF | 8,270 |
| February 2024 | 65.40 CHF | 0.065 CHF | 8,068 |
| March 2024 | 67.80 CHF | 0.068 CHF | 7,334 |
| April 2024 | 58.20 CHF | 0.058 CHF | 6,822 |
| May 2024 | 57.93 CHF | 0.058 CHF | 6,490 |
| June 2024 | 44.94 CHF | 0.045 CHF | 6,337 |
| July 2024 | 36.15 CHF | 0.036 CHF | 6,486 |
| August 2024 | 54.75 CHF | 0.055 CHF | 6,549 |
| September 2024 | 75.81 CHF | 0.076 CHF | 6,860 |
| October 2024 | 77.89 CHF | 0.078 CHF | 6,988 |
| November 2024 | 116.65 CHF | 0.117 CHF | 7,909 |
| December 2024 | 117.92 CHF | 0.118 CHF | 8,185 |
Switzerland's electricity sector is built on hydropower (~57% of generation) and four nuclear reactors (~30%) — both legacy assets from the 1960s–80s. Swissgrid, the federal TSO, operates a single bidding zone synchronously coupled with the Continental European grid but outside the EU's internal electricity market. The country's north–south HVDC links to Italy and France act as Europe's single largest cross-border arbitrage corridor: Switzerland imports cheap French nuclear in winter and exports peak-priced summer hydro southward.
Solar PV has accelerated post-2022 with a 13.4 GW target by 2035, and the alpine pumped-storage fleet (Linth-Limmern, Nant-de-Drance) now provides over 4 GW of flexibility. The 2017 referendum committed Switzerland to phasing out nuclear without a fixed deadline; reactors run as long as the safety regulator certifies them — Beznau-1, the world's oldest operating reactor, still produces electricity at 56 years old.