On Monday, electricity prices will be the highest in central Norway. Between 6 and 7 p.m., the electricity price there will be NOK 1.99 per kilowatt hour (kWh).
According to Europower, electricity prices in southern Norway will be the most expensive since February. In the north of the country, it will be the second most expensive day of the year.
It will be most expensive in central Norway.
In south-east, south-west and west Norway, the price will be NOK 1.86 per kWh at its highest, and in northern Norway it will be NOK 1.32, figures from hvakosterstrommen.no show.
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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 2.71. 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 12 and 1 pm in Western, South-East and South-West Norway, then at 70.06 øre. The price per kWh is at its lowest in central and northern Norway 71.8 øre.
On Saturday, the maximum and minimum prices in the country were respectively 87.1 øre per kWh and 38.5 øre per kWh. On the same day last year, it was 89.7 øre per kWh and 2.009 øre per kWh.
The electricity subsidy covers 90 per cent of the price above 73 øre, hour by hour.
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