Electricity prices in Switzerland 2025
In 2025, the average wholesale day-ahead electricity price in Switzerland was 0.093 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 | 124.79 CHF | 0.125 CHF | 8,269 |
| February 2025 | 135.40 CHF | 0.135 CHF | 8,282 |
| March 2025 | 106.97 CHF | 0.107 CHF | 7,640 |
| April 2025 | 77.49 CHF | 0.077 CHF | 6,886 |
| May 2025 | 64.25 CHF | 0.064 CHF | 6,800 |
| June 2025 | 57.83 CHF | 0.058 CHF | 6,560 |
| July 2025 | 83.33 CHF | 0.083 CHF | 6,511 |
| August 2025 | 72.17 CHF | 0.072 CHF | 6,511 |
| September 2025 | 88.20 CHF | 0.088 CHF | 6,906 |
| October 2025 | 97.17 CHF | 0.097 CHF | 7,024 |
| November 2025 | 106.81 CHF | 0.107 CHF | 7,958 |
| December 2025 | 104.40 CHF | 0.104 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.