Maximum price of 70.2 øre per kWh for electricity on Saturday

In south-eastern and western Norway, the price will be 27.2 øre per kWh at its highest, and in central and northern Norway it will be 29.4 øre, figures show from hvakosterstrommen.no.

If you ignore the electricity subsidy, but include value added tax (25 per cent), consumption tax (15.84 øre per kWh) and tax to Enova (1 øre per kWh), the country’s highest maximum price would be NOK 1.088. In Northern Norway, there is no VAT on electricity for households, and in Finnmark and Northern Troms, households and public administration also do not have to pay the consumption tax.

One kilowatt hour corresponds to electricity consumption of one kilowatt over one hour. A ten-minute shower uses an average of around 4.5 kWh, but this depends on the temperature and how much water the shower head delivers.

The lowest kWh price on Saturday will be between 1pm and 2pm in south-east and west Norway, then at 21.5 øre. The price per kWh is at its lowest in south-west Norway 22.1 øre and central and northern Norway 23.3 øre.

On Thursday, the maximum and minimum prices in the country were respectively 59.4 øre per kWh and 22.1 øre per kWh. On the same day last year, it was 94.1 øre per kWh and 25.1 øre per kWh.

The electricity subsidy covers 90 per cent of the price above 73 øre, hour by hour.

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2024-07-27 03:14:45

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