Maximum price of 52.6 øre per kWh for electricity on Tuesday

Maximum price of 52.6 øre per kWh for electricity on Tuesday

In south-eastern and western Norway, the price will be 31.2 øre per kWh at its highest, and in central and northern Norway it will be 28.9 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 86.8 øre. 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 Tuesday will be between 4 and 5 at night in central and northern Norway, then at 20.7 øre. The price per kWh is at its lowest in South-East and West Norway 25.8 øre and South-West Norway 41.3 øre.

On Sunday, the maximum and minimum prices in the country were respectively 55.9 øre per kWh and 22.9 øre per kWh. On the same day last year, it was 94.5 øre per kWh and 0.2 øre per kWh.

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

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2024-07-23 00:02:06

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