News

Record grid fee increases: how your housing association can save thousands per apartment each year

Grid fees rise by an average of 10.6 per cent this year, the largest increase in 30 years. In several municipalities the rise is considerably bigger, and with shared electricity and IMD your housing association can save 1,500 to 3,000 kronor per apartment per year.

Grid fees rise by an average of 10.6 per cent this year, the largest increase in 30 years. In several municipalities the rise is considerably bigger.

Top 10: the municipalities with the largest grid fee increases

  1. Höganäs: +37 %

  2. Tjörn: +36 %

  3. Svedala: +35 %

  4. Mörbylånga: +35 %

  5. Mark: +35 %

  6. Tibro: +35 %

  7. Norsjö: +35 %

  8. Hultsfred: +34 %

  9. Luleå: +33 %

  10. Svalöv: +33 %

For residents this lands as higher costs straight out of their own pockets.

This is how shared electricity with IMD can cut your costs

Traditionally, every apartment in a housing association has its own electricity contract and its own meter from the grid company. That means every resident pays fixed grid fees, usually between 1,500 and 3,000 kr per year.

With shared electricity and IMD the association takes out a single electricity subscription for the whole property. This lowers the fixed costs, because only one subscription is needed instead of one per apartment. 2. Individual sub-meters are installed in each apartment. These measure exactly how much electricity each household uses. 3. Residents are billed individually based on their actual electricity consumption.

Shared electricity with IMD saves 1,500 to 3,000 kronor per apartment per year.

Fast payback:

The investment in IMD Electricity normally has a payback time of just 1–3 years. After that, the saving is pure profit for the members of the housing association.

Read more about how Nordic Propeye can help your housing association get started with shared electricity and IMD: request a quote or ask a question here.

Do you want to understand how IMD Electricity works in detail? Read our guide to shared electricity with IMD for a walkthrough of the rules, the technology and the calculations.

What would this mean for your property?

Tell us a little about the building and we will come back with a free savings calculation and a suggested rollout.

By submitting, we'll link this email to your previous visits to our site, ad clicks, and any marketing emails we send you, to make our follow-up relevant. Details and opt-out in our Privacy Policy.

Free and without obligation. Reply within 24 hours.