Electricity prices in Norway in May 2024
· prices in øre/kWh (100 øre = 1 NOK) · times in Oslo time
In May 2024, the average electricity price was lowest in NO4 Northern Norway (21.89 øre VAT-free) and highest in NO2 Southwest Norway (60.32 øre incl. VAT). In May 2024, the average electricity price was lowest in NO4 Northern Norway (21.89 øre excl. VAT) and highest in NO2 Southwest Norway (48.26 øre excl. VAT).
Average in every price area
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NO1 Eastern Norway46.6937.36 øre/kWh
38% lower than April 2024 (avg 75.1760.14)
52% lower than May 2023 (avg 98.2378.58)
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NO2 Southwest Norway most expensive60.3248.26 øre/kWh
19% lower than April 2024 (avg 74.6859.75)
40% lower than May 2023 (avg 100.7980.63)
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NO3 Central Norway27.3721.89 øre/kWh
62% lower than April 2024 (avg 72.6458.11)
31% lower than May 2023 (avg 39.8331.86)
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NO4 Northern Norway cheapest21.89 øre/kWh
56% lower than April 2024 (avg 49.28)
0.08 øre lower than May 2023 (avg 21.97)
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NO5 Western Norway47.4137.93 øre/kWh
41% lower than April 2024 (avg 79.8263.86)
52% lower than May 2023 (avg 98.7078.96)
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 day
- NO3 · 18 May · 3.753.00 øre
- Most expensive day
- NO2 · 8 May · 114.5991.67 øre
- Cheapest hour
- NO1 · 19 May 14:00–15:00 · −21.91−17.53 øre
- Most expensive hour
- NO2 · 6 May 20:00–21:00 · 195.44156.35 øre
- Hours below zero
- 124 h on 31 days all areas together
Daily averages
Average · 46.6937.36 øre/kWh incl. VATexcl. VAT
Average · 60.3248.26 øre/kWh incl. VATexcl. VAT
Average · 27.3721.89 øre/kWh incl. VATexcl. VAT
Average · 21.89 øre/kWh VAT-free
Average · 47.4137.93 øre/kWh incl. VATexcl. VAT
øre/kWh incl. VATexcl. VAT. Each bar is a day's average; its colour compares it with the month average.
Day averages by price area
Tap a price for the day hour by hour. Colours compare each price with the month average of all price areas.
Bold: the cheapest price area of the day.