Back to top
Back to all articlesBack to all articles

IKEA to Sell Renewable Home Energy in Sweden, with Plans for Expansion to the UK

You have Kallax shelves, a Billy bookcase, and a Lack table but could you soon be getting your elektricitet from IKEA too.

The home goods giant will start selling renewable energy to Swedish households next month. It’s already planning to expand into other markets, including the UK, to combat climate change and "make electricity from sustainable sources more accessible and affordable for all."

Ingka Group, owner of most IKEA stores worldwide, said its STRÖMMA offer will supply households with renewable electricity and an app to track their usage.

IKEA partner Svea Solar, which already produces solar panels for the furniture funhouse, will purchase the electricity on the Nordic power exchange Nord Pool and resell it without surcharge. Households will pay a fixed monthly fee plus a variable rate.

In order to encourage the construction of new renewable capacity, all the electricity supplied will be purchased from wind and solar parks less than five years old, Ingka said.

Households with solar panels from IKEA—currently available in 11 markets, including the UK—can track their generation and sell surplus electricity back through the app.

IKEA says its renewable energy products will, along with its energy-efficient products and recycling services, “make it easier for more people to live a more sustainable life at home,” in the words of Bojan Stupar, Sales Manager IKEA Sweden.

“We offer smart and energy-efficient products and services that contribute to prolonging the life of products, reducing waste, saving water, and eating more healthily, as well as reducing electricity usage,” he said.

“Providing solar and wind power at a low price to more people feels like the natural next step on our sustainability journey.”

By 2030, IKEA aims to be “climate positive” by reducing more greenhouse gas emissions than its value chain emits, from its production of raw material to the end-of-life of its products. This includes designing all products to be reused, refurbished, remanufactured and recycled, only using renewable or recycled materials in products by 2030, and using renewable electricity across the supply chain.

Lauren Smith
Lauren Smith

Lauren Smith has worked as a journalist and copywriter for most of the last decade, covering technology, energy, and consumer rights, in the US and UK.

Read all articlesRead all articles