Electricity prices in Switzerland 2025
In 2025, the average wholesale day-ahead electricity price in Switzerland was 0.095 CHF /kWh (▲34% vs 2024). Below is the month-by-month breakdown plus a chart of how prices moved through the year.
Monthly breakdown — 2025
| Month | CHF/MWh | CHF/kWh | MW |
|---|---|---|---|
| January 2025 | 127.56 CHF | 0.128 CHF | 8,269 |
| February 2025 | 138.40 CHF | 0.138 CHF | 8,282 |
| March 2025 | 109.35 CHF | 0.109 CHF | 7,640 |
| April 2025 | 79.21 CHF | 0.079 CHF | 6,886 |
| May 2025 | 65.67 CHF | 0.066 CHF | 6,800 |
| June 2025 | 59.12 CHF | 0.059 CHF | 6,560 |
| July 2025 | 85.18 CHF | 0.085 CHF | 6,511 |
| August 2025 | 73.78 CHF | 0.074 CHF | 6,511 |
| September 2025 | 90.15 CHF | 0.090 CHF | 6,906 |
| October 2025 | 99.33 CHF | 0.099 CHF | 7,024 |
| November 2025 | 109.18 CHF | 0.109 CHF | 7,958 |
| December 2025 | 106.71 CHF | 0.107 CHF | 8,033 |
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.