Electricity price shock: Putin stress test for the family budget


Putin’s Family Budget Stress Test: How Bad Will the Energy Crisis Be?

The electricity tariffs for 2023 will soon be known. Some families have already received an advance warning letter, it now costs twice as much. It gets really expensive with heating oil.

It’s getting expensive: Electricity prices are going up steeply.

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The Swiss Association of Tenants warns that the costs for heating and electricity would explode. In the coming weeks and months, the tenants would be confronted with major financial problems. The additional costs could amount to “thousands of francs”. Not everyone would be able to pay for this on time, which could lead to the loss of the apartment. The Secretary General of the Association, Natalie Imboden, states:

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