Maximum price of NOK 1.56 per kWh for electricity on Monday

Maximum price of NOK 1.56 per kWh for electricity on Monday

In south-eastern and western Norway, the price will be 82.003 øre per kWh at its highest, and in central and northern Norway it will be 46.7 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 for Enova (1 øre per kWh), the country’s highest maximum price would be NOK 2.16. 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 is between 3 and 4 at night in Northern and Central Norway, then at 29.2 øre. The price per kWh is at its lowest in South-East and West Norway 38.5 øre and South-West Norway 54.4 øre.

On Saturday, the maximum and minimum prices in the country were respectively 55.5 øre per kWh and 2.2 øre per kWh. On the same day last year, it was NOK 1.11 per kWh and 57.9 øre per kWh.

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

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2024-05-06 09:41:46

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