Average electricity price in Norway in 2023
· prices in øre/kWh (100 øre = 1 NOK) · times in Oslo time
In 2023, the average electricity price was lowest in NO4 Northern Norway (34.19 øre VAT-free) and highest in NO2 Southwest Norway (112.98 øre incl. VAT). In 2023, the average electricity price was lowest in NO4 Northern Norway (34.19 øre excl. VAT) and highest in NO2 Southwest Norway (90.38 øre excl. VAT).
Average in every price area
- 95.0776.06 øre/kWh
-
NO2 Southwest Norway most expensive112.9890.38 øre/kWh
- 54.8243.86 øre/kWh
-
NO4 Northern Norway cheapest34.19 øre/kWh
- 95.2076.16 øre/kWh
øre/kWh incl. VATexcl. VAT. In NO4, households in Nordland, Troms and Finnmark pay no VAT on electricity; the part of Trøndelag in NO4 pays 25% VAT.
Records
- Cheapest month
- NO5 · September 2023 · 1.391.11 øre
- Most expensive month
- NO5 · January 2023 · 160.91128.73 øre
- Cheapest day
- NO1 · 16 Jul · −9.55−7.64 øre
- Most expensive day
- NO1 · 23 Jan · 246.61197.29 øre
- Cheapest hour
- NO1 · 16 Jul 14:00–15:00 · −86.66−69.33 øre
- Most expensive hour
- NO1 · 5 Dec 08:00–09:00 · 485.47388.37 øre
- Hours below zero
- 1705 h on 213 days all areas together
Our price history starts on 1 January 2023.
Monthly averages
Average · 95.0776.06 øre/kWh incl. VATexcl. VAT
Average · 112.9890.38 øre/kWh incl. VATexcl. VAT
Average · 54.8243.86 øre/kWh incl. VATexcl. VAT
Average · 34.19 øre/kWh VAT-free
Average · 95.2076.16 øre/kWh incl. VATexcl. VAT
øre/kWh incl. VATexcl. VAT. Each bar is a month's average; its colour compares it with the average of all months shown.
Monthly averages by price area
Colours compare each month with the area's average of all months shown.
| Month | NO1 | NO2 | NO3 | NO4 | NO5 |
|---|---|---|---|---|---|
| 2023 | |||||
| January 2023 | 158.2126.6 | 158.2126.6 | 87.069.6 | 46.4 | 160.9128.7 |
| February 2023 | 143.5114.8 | 143.6114.9 | 60.848.6 | 31.5 | 138.4110.7 |
| March 2023 | 140.5112.4 | 140.5112.4 | 80.064.0 | 48.9 | 141.0112.8 |
| April 2023 | 138.4110.7 | 138.4110.7 | 86.969.5 | 40.3 | 140.9112.7 |
| May 2023 | 98.278.6 | 100.880.6 | 39.831.9 | 22.0 | 98.779.0 |
| June 2023 | 91.773.4 | 120.796.6 | 29.423.5 | 21.7 | 91.673.3 |
| July 2023 | 46.136.9 | 86.068.8 | 35.828.6 | 22.4 | 46.637.3 |
| August 2023 | 25.020.0 | 91.072.8 | 24.919.9 | 19.0 | 25.120.0 |
| September 2023 | 1.41.1 | 72.057.6 | 12.49.9 | 9.9 | 1.41.1 |
| October 2023 | 53.843.0 | 63.150.5 | 20.316.3 | 16.1 | 53.342.7 |
| November 2023 | 131.0104.8 | 131.0104.8 | 81.865.4 | 62.8 | 131.0104.8 |
| December 2023 | 117.293.7 | 113.891.1 | 99.179.2 | 69.0 | 117.293.7 |