Average electricity price in Norway in 2024
· prices in øre/kWh (100 øre = 1 NOK) · times in Oslo time
In 2024, the average electricity price was lowest in NO4 Northern Norway (26.98 øre VAT-free) and highest in NO2 Southwest Norway (72.71 øre incl. VAT). In 2024, the average electricity price was lowest in NO4 Northern Norway (26.98 øre excl. VAT) and highest in NO2 Southwest Norway (58.17 øre excl. VAT).
Average in every price area
-
NO1 Eastern Norway60.8048.64 øre/kWh
36% lower than 2023 (avg 95.0776.06)
- 72.7158.17 øre/kWh
-
NO3 Central Norway40.6732.54 øre/kWh
26% lower than 2023 (avg 54.8243.86)
- 26.98 øre/kWh
-
NO5 Western Norway59.3147.45 øre/kWh
38% lower than 2023 (avg 95.2076.16)
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
- NO4 · December 2024 · 9.07 øre
- Most expensive month
- NO1 · January 2024 · 114.7891.83 øre
- Cheapest day
- NO1 · 25 Aug · −4.83−3.86 øre
- Most expensive day
- NO2 · 12 Dec · 510.92408.73 øre
- Cheapest hour
- NO1 · 11 Aug 13:00–14:00 · −88.66−70.93 øre
- Most expensive hour
- NO2 · 12 Dec 17:00–18:00 · 1,317.231,053.78 øre
- Hours below zero
- 904 h on 161 days all areas together
Monthly averages
Average · 60.8048.64 øre/kWh incl. VATexcl. VAT
Average · 72.7158.17 øre/kWh incl. VATexcl. VAT
Average · 40.6732.54 øre/kWh incl. VATexcl. VAT
Average · 26.98 øre/kWh VAT-free
Average · 59.3147.45 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 |
|---|---|---|---|---|---|
| 2024 | |||||
| January 2024 | 114.891.8 | 107.786.2 | 80.564.4 | 44.6 | 112.990.3 |
| February 2024 | 83.767.0 | 83.166.5 | 62.750.2 | 41.5 | 84.867.8 |
| March 2024 | 84.567.6 | 84.567.6 | 76.461.1 | 55.3 | 86.068.8 |
| April 2024 | 75.260.1 | 74.759.7 | 72.658.1 | 49.3 | 79.863.9 |
| May 2024 | 46.737.4 | 60.348.3 | 27.421.9 | 21.9 | 47.437.9 |
| June 2024 | 47.938.3 | 59.847.9 | 33.126.5 | 25.2 | 48.839.0 |
| July 2024 | 35.828.6 | 50.840.6 | 33.927.1 | 27.3 | 39.331.4 |
| August 2024 | 16.112.9 | 59.747.8 | 15.912.7 | 12.8 | 16.713.4 |
| September 2024 | 26.421.2 | 56.345.0 | 18.715.0 | 14.9 | 23.318.6 |
| October 2024 | 49.839.9 | 61.449.1 | 19.515.6 | 13.4 | 49.939.9 |
| November 2024 | 70.156.1 | 81.164.9 | 19.915.9 | 9.2 | 61.849.4 |
| December 2024 | 79.463.5 | 93.174.5 | 28.422.7 | 9.1 | 62.149.7 |