Househeating Pulse
EU Heat-Pump Market Intelligence

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Sweden SE

colder climate · Currency SEK

€0.2711/kWh
Electricity (Eurostat)
€0.2092/kWh
Gas (Eurostat)
4242
Annual HDD₁₈
-3.1 °C
Mean January temp.

Subsidy programmes

No subsidy programmes seeded for this country yet.

Estimated installed cost

Fully turnkey ranges (equipment + labour + DHW where typical) for Sweden. Compiled from JRC/EHPA market data and national subsidy program ceilings — not quotes for any specific model.

Air-to-water · 8–14 kW

€18ktypical
Range €15k€24k

Mature market; air-water turnkey SEK 170–220k (€15–19k).

Source: EHPA / Energimyndigheten 2024

Ground-source · 8–14 kW

€24ktypical
Range €18k€32k

Largest ground-source installed base in EU; competitive prices.

Source: Energimyndigheten 2024

Best-case net cost after the largest available subsidy is shown where applicable in the subsidies section above. Use the payback calculator to combine these with your fuel tariff.

Electricity price history

PeriodIncl. tax €/kWhExcl. tax €/kWh
2025-070.27110.1771
2025-010.26540.1727
2024-070.23510.1507
2024-010.24340.1571
2023-070.21810.1407
2023-010.26620.1784
2022-070.27400.2489
2022-010.22780.1815
2021-070.26040.1733
2021-010.21140.1340
2020-070.20170.1271
2020-010.19140.1200