EKZ announced a price reduction in 2025 of 13% less than 2024.
My forecast 2025 electricity price is around 150% of my 2022 bill.
Since Switzerland does not use gas or coal or oil to produce electricity then it is hard to understand why the price is so high
As Switzerland is interconnected with neighbouring markets, the Swiss market price usually sits somewhere between the German, French and Italian prices.
Also, Switzerland imports electricity at various times of the year. Another thing was that the companies also do hedging and energy trading. I think one had a particularly bad trade that increased prices.
I called EKZ and asked where is my bill.
They replied if I check my last bill I will see a note that the next bill will be a month late.
Duh!
In my defense, I never look at my bills. I get ebills that my bank automatically pays and I only check my bill if the amount is significantly different from what I eypect.