From July 1st, the price of a monthly ticket in the Swedish capital will drop to 530 kronor, funded by a 6.5 billion kronor government subsidy which will see monthly ticket prices halved all over Sweden.
To ensure regular passengers who already bought annual or 90-day passes don't lose out, Stockholm's public transport operator, SL, is proposing that customers can cash in the remaining time left on their tickets.
By switching to the subsidised monthly pass, an annual ticket holder could save up to 400 kronor a month, local newspaper Mitti reports.
The offer applies to around 16,000 individuals who paid for their cards out of pocket, and includes tickets valid into 2027.
While SL expects a slight dip in revenue, it believes the move will generate significant goodwill. The exact logistics of how the refunds will be processed have not yet been finalised.