Swissgrid, the national electricity grid operator, generated a net profit of CHF103.8 million in 2024, an increase of CHF3.8 million year-on-year. Sales were boosted by higher tariffs.
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Swissgrid a dû hausser ses tarifs en 2024 et vaincre de gros défis
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Net revenue totalled CHF1.825 billion, compared to CHF1.219 billion in 2023, Swissgrid announced Wednesday. This sharp rise in revenue is due to the disruption on the energy markets in 2022, with the operator passing on these costs in subsequent years. In 2026, services will again be cheaper, the company assures.
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Swiss electricity prices to fall by 10% in 2025
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Electricity prices will fall by an average of 10% for Swiss households in 2025, the Federal Electricity Commission ElCom reported on Thursday.
In terms of net profit, the company expects the 2025 financial year to be on a par with the previous year. Swissgrid’s business model is highly regulated.
Swissgrid is pleased that in 2024 it was able to “operate the Swiss transmission system safely and reliably. Availability exceeded 99.9%, despite a demanding environment”.
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Swiss inflation sank to four-year low in February
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Annual inflation in Switzerland fell further in February. The last time it was this low was in April 2021.
We select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate them into English. An editor then briefly reviews the translation for clarity and accuracy before publication. Providing you with automatically translated news gives us the time to write more in-depth articles. The news stories we select have been written and carefully fact-checked by an external editorial team from news agencies such as Bloomberg or Keystone.
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The earth shook near Mürren in the Bernese Oberland on Monday afternoon with a magnitude of around 4.2 on the Richter scale.
Public transport in Geneva faces calls for overhaul
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Public transport services in Greater Geneva must better meet needs. The associations Transports et environnement (ATE) and Rail Dauphiné Savoie Léman (ARDSL) have drawn up a review of the situation, calling in particular for the Leman Express timetable to be extended.
Swiss politician who shot at baby Jesus risks fine
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The Zurich public prosecutor's office has brought charges against Zurich city parliamentarian Sanija Ameti for disturbing religious freedom. Ameti had shot at a picture of Jesus and Mary with an air pistol.
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The French-Swiss artist Saype has created a new giant painting on the summit of the Grand Chamossaire above Villars-sur-Ollon VD. The 2500 square metre work depicts a boy with a rucksack on his shoulders.
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According to "Schweizer Illustrierte", Swiss actor Carlos Leal is returning to Switzerland - after 15 years in Los Angeles. "It's become loud there, megalomaniacal and arrogant," he said in the online edition of the magazine.
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A coin collector has filed a criminal complaint with the Office of the Attorney General of Switzerland against Swissmint, the federal mint, for fraud in connection with the sale of the limited-edition 100-franc gold Vreneli.
Museum to open devoted to Swiss ski legend Vreni Schneider
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Vreni Schneider is to have a museum in the centre of her home village of Elm. The legendary Swiss ski racer has numerous memorabilia at home, which she is now releasing and exhibiting.
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A shooting range in Wittenbach, northeastern Switzerland, was broken into on Sunday night. The unknown perpetrators stole several antique weapons.
Euro 2025: most of crowd at Germany-France match were women
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For the first time, the majority of the crowd at a football match in Basel's St. Jakob-Park – Saturday's European Championship quarterfinal – was female.
Pilots’ union seeks to end deal with SWISS over working conditions
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The Aeropers pilots’ union is expected to end its collective labour agreement with SWISS, as it pushes for better working conditions for its members.
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