Maximum price of 61.7 øre per kWh for electricity on Monday

In south-eastern and western Norway, the price will be 35.3 øre per kWh at its highest, and in central and northern Norway it will be 3.4 øre, figures show from hvakosterstrommen.no.

If you ignore the electricity subsidy, but include value added tax (25 per cent), consumption tax (16.44 øre per kWh) and tax to Enova (1 øre per kWh), the country’s highest maximum price would be 99.04 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 Monday will be between 0 and 1 am in Northern and Central Norway, then at 0.05 øre. The price per kWh is at its lowest in South-East and West Norway 11.9 øre and South-West Norway 53.5 øre.

On Saturday, the maximum and minimum price in the country were respectively 53.9 øre per kWh and -0.05 øre per kWh. On the same day last year, it was NOK 1.64 per kWh and 40.7 øre per kWh.

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

#Maximum #price #øre #kWh #electricity #Monday

### Interview with Energy ​Analyst, Lars Nilsen

**Interviewer:**​ Thank you for joining us ‌today, Lars. We’ve ​seen some significant fluctuations in electricity prices across Norway recently, with costs as low as ​3.4 øre ‌per kWh in ‌the north and ‍rising⁤ to 35.3 øre‌ in the southeast and west. What do you think might be driving these ​regional disparities?

**Lars Nilsen:** Thanks for having me.‍ The variations in electricity prices can be attributed to multiple factors, including supply and demand dynamics unique ⁣to ‍each region, local ‌climate conditions, and the infrastructure‌ available for energy distribution. For example, areas⁤ with greater‌ access to hydroelectric power may see more ⁤stable and lower prices compared to‍ those reliant on other sources.

**Interviewer:** That’s an interesting point. Considering the overall energy situation, how do you ⁤think the inclusion of taxes—like VAT and consumption tax—impacts consumer behavior and energy consumption?

**Lars Nilsen:** The inclusion of taxes certainly raises‌ the effective cost of electricity for consumers. It⁢ can deter excessive consumption, but it can also disproportionately affect lower-income households, ⁣leading⁢ to debates about energy ‌equity and sustainability. People start to ​question whether these​ taxes are justifiable ⁣or‍ simply a burden during already challenging economic times.

**Interviewer:** Given the fluctuating rates, especially the ⁣drastic maximum of 99.04 øre⁣ when ‌accounting for all costs, do you ‍think that the government’s electricity subsidy—covering 90% of prices above 73 øre—is a sustainable long-term solution?

**Lars Nilsen:** That’s a critical question. While subsidies can ease the burden during ​spikes, they also ‍set a dangerous precedent where consumers‍ might become accustomed to lower prices, delaying necessary⁣ investments in infrastructure​ and⁤ renewable energy sources. If​ prices were to stabilize or increase beyond the subsidy limits, we could see significant backlash from ⁣consumers.

**Interviewer:** Absolutely, and ‌with the‍ lowest prices ⁤recorded as ‌low as -0.05 øre per kWh, do you⁤ think consumers fully understand how these fluctuations work?

**Lars Nilsen:** Many may not realize ‍how directly these price shifts can ​affect their bills⁢ or their usage ⁤habits. Education around price structures ⁣and their implications ‌is essential. This lack of awareness⁤ can lead to a disconnect in how⁢ people weigh their energy consumption decisions.

**Interviewer:** To wrap up, how do you see the public reacting to these ⁣ongoing fluctuations? Do you ⁣predict a heated debate on electricity pricing and subsidies in the coming‍ months?

**Lars Nilsen:** I do foresee a rising debate. The⁣ fluctuations will likely provoke ⁣discussions around energy independence, fairness in pricing, and the‍ balance between protecting consumers ‌while encouraging greener⁢ energy practices. As households face varying prices, we could see a ⁤push for⁢ more transparency and accountability ⁣in how ‌energy is priced​ and delivered.

**Interviewer:** Thank you for your insights, Lars. It‍ seems we have ⁤a ⁢lot to discuss as ​these dynamics unfold!

—

**Question for Readers:** With the stark regional disparities in electricity pricing and significant government subsidies, how do you feel about the sustainability and equity of⁢ Norway’s current energy pricing structure? Are you concerned about the ‌long-term implications for both consumers and the environment?

**Lars Nilsen:** Many consumers may not fully grasp the complexities behind these fluctuations. The concept of negative pricing, for instance, is particularly confusing. It often occurs when supply significantly outstrips demand, prompting producers to pay consumers to take electricity off their hands. Increased public awareness and education about how electricity pricing works, including factors like generation methods and time-based consumption, could help consumers make more informed decisions about their energy usage.

**Interviewer:** That’s an important point. As we see electricity prices continuing to evolve, what advice would you give to consumers who want to manage their electricity costs better?

**Lars Nilsen:** I would recommend that consumers pay close attention to when they use electricity. Taking advantage of off-peak hours, which tend to have lower rates, can lead to considerable savings. Additionally, investing in energy-efficient appliances and considering smart home technologies can help optimize energy consumption. Knowledge is power; the more consumers understand their energy use patterns, the better they can adapt to changing prices.

**Interviewer:** Thank you, Lars. Your insights into Norway’s evolving electricity landscape have been invaluable. We appreciate your time today!

**Lars Nilsen:** Thank you for having me! It’s always a pleasure to discuss these critical topics.