IKEA Begin to Sell Renewable Energy to Households in Sweden

Power & Energy

IKEA, the biggest furniture brand in the world, has now been branching out into the sales of the renewable energy to the households, and it will be starting with the home market of Sweden in September 2021.

The Ingka Group, the owner of most stores of IKEA across the world said, the household in Sweden are going to be able to purchase the affordable renewable electricity from the various solar and wind energy parks and they will also be able to track the usage through an mobile application.

Jonas Carlehed, head of the sustainability at IKEA, Sweden said, he is now hoping to launch the new offer of the renewable energy along with the offering of solar energy panel of IKEA to all the markets on Sweden, and he also said, they really to produce the electricity from the sustainable sources, which are more accessible and affordable for all.

The Svea Solar, a partner of Ingka, which is also responsible in producing the solar energy panels for the company IKEA, is going to be buying the electricity on the Nordic power exchange known as ‘Nord Pool’ and also reselling it without any kind of extra charge, and these households are also going to be paying a fixed fee per month along with a variable rate.

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The company IKEA said, those buyers of the renewable energy are going to be able to track their very own production of the renewable energy in the mobile application and also for selling back the renewable electricity.

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