Electricity prices in Switzerland 2025
In 2025, the average wholesale day-ahead electricity price in Switzerland was 0.096 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 | 129.13 CHF | 0.129 CHF | 8,269 |
| February 2025 | 140.10 CHF | 0.140 CHF | 8,282 |
| March 2025 | 110.69 CHF | 0.111 CHF | 7,640 |
| April 2025 | 80.19 CHF | 0.080 CHF | 6,886 |
| May 2025 | 66.48 CHF | 0.066 CHF | 6,800 |
| June 2025 | 59.84 CHF | 0.060 CHF | 6,560 |
| July 2025 | 86.23 CHF | 0.086 CHF | 6,511 |
| August 2025 | 74.68 CHF | 0.075 CHF | 6,511 |
| September 2025 | 91.26 CHF | 0.091 CHF | 6,906 |
| October 2025 | 100.55 CHF | 0.101 CHF | 7,024 |
| November 2025 | 110.53 CHF | 0.111 CHF | 7,958 |
| December 2025 | 108.03 CHF | 0.108 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.