Electricity price history in Norway
Since 1 January 2023 · prices in øre/kWh (100 øre = 1 NOK) · times in Oslo time
Since 2023, monthly averages have ranged from 1.39 øre incl. VAT (NO5, September 2023) to 179.51 øre incl. VAT (NO2, October 2026). In 2026 so far the cheapest price area is NO4 (37.26 øre VAT-free), the most expensive NO2 (151.29 øre incl. VAT). Since 2023, monthly averages have ranged from 1.11 øre excl. VAT (NO5, September 2023) to 143.61 øre excl. VAT (NO2, October 2026). In 2026 so far the cheapest price area is NO4 (37.26 øre excl. VAT), the most expensive NO2 (121.03 øre excl. VAT).
Yearly averages
| Year | NO1 | NO2 | NO3 | NO4 | NO5 |
|---|---|---|---|---|---|
| 2026 1 Jan – 27 Oct | 147.4117.9 | 151.3121.0 | 116.893.4 | 37.3 | 146.0116.8 |
| 2025 | 85.568.4 | 95.976.7 | 30.924.7 | 10.2 | 68.754.9 |
| 2024 | 60.848.6 | 72.758.2 | 40.732.5 | 27.0 | 59.347.4 |
| 2023 | 95.176.1 | 113.090.4 | 54.843.9 | 34.2 | 95.276.2 |
In NO4, households in Nordland, Troms and Finnmark pay no VAT on electricity; the part of Trøndelag in NO4 pays 25% VAT.
Monthly averages
Average since 2023 · 94.8375.86 øre/kWh incl. VATexcl. VAT
Average since 2023 · 106.1884.95 øre/kWh incl. VATexcl. VAT
Average since 2023 · 58.1846.55 øre/kWh incl. VATexcl. VAT
Average since 2023 · 26.69 øre/kWh VAT-free
Average since 2023 · 89.7771.81 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
The last 24 months. All months are on the year pages. Colours compare each month with the area's average of all months shown.
| Month | NO1 | NO2 | NO3 | NO4 | NO5 |
|---|---|---|---|---|---|
| 2026 | |||||
| January 2026 | 159.2127.3 | 153.9123.1 | 149.3119.4 | 83.2 | 156.5125.2 |
| February 2026 | 156.5125.2 | 142.7114.2 | 149.7119.7 | 97.7 | 154.4123.5 |
| March 2026 | 147.1117.7 | 145.0116.0 | 97.678.1 | 18.7 | 149.5119.6 |
| April 2026 | 138.9111.1 | 129.3103.5 | 129.1103.3 | 14.4 | 153.4122.7 |
| May 2026 | 133.2106.5 | 135.6108.5 | 98.779.0 | 39.0 | 137.4109.9 |
| June 2026 | 103.582.8 | 131.7105.3 | 74.859.9 | 28.4 | 85.868.7 |
| July 2026 | 136.3109.0 | 144.0115.2 | 92.273.8 | 17.2 | 138.7111.0 |
| August 2026 | 165.4132.3 | 177.1141.6 | 125.8100.7 | 16.5 | 156.0124.8 |
| September 2026 | 165.9132.7 | 176.4141.1 | 133.9107.1 | 36.0 | 165.5132.4 |
| October 2026 | 170.5136.4 | 179.5143.6 | 120.296.1 | 24.7 | 164.4131.5 |
| 2025 | |||||
| January 2025 | 93.975.1 | 97.277.8 | 34.928.0 | 10.9 | 78.162.5 |
| February 2025 | 121.196.9 | 125.4100.3 | 42.834.2 | 8.2 | 105.884.6 |
| March 2025 | 65.252.2 | 71.257.0 | 24.719.8 | 5.9 | 57.846.2 |
| April 2025 | 75.160.1 | 81.765.4 | 20.716.5 | 2.3 | 55.844.6 |
| May 2025 | 89.071.2 | 93.574.8 | 15.712.6 | 8.0 | 63.250.5 |
| June 2025 | 66.853.4 | 79.963.9 | 16.012.8 | 4.2 | 52.341.8 |
| July 2025 | 62.149.6 | 103.282.6 | 8.97.1 | 3.0 | 22.417.9 |
| August 2025 | 90.872.7 | 105.484.3 | 9.67.7 | 2.5 | 45.936.7 |
| September 2025 | 74.759.7 | 87.770.2 | 22.217.8 | 5.0 | 68.955.1 |
| October 2025 | 73.458.7 | 86.869.5 | 35.728.6 | 5.3 | 70.056.0 |
| November 2025 | 115.492.3 | 117.594.0 | 67.854.3 | 35.7 | 110.588.4 |
| December 2025 | 101.881.4 | 103.382.6 | 73.358.6 | 31.7 | 97.778.2 |
| 2024 | |||||
| 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 |
About these averages
An average is the mean of all hours of the day, month or year: each hour counts equally (days with daylight saving changes have 23 or 25 hours). These are day-ahead (spot) prices of the power exchange, energy only: grid fees, levies and the supplier's mark-up come on top. NOK, DKK and SEK prices use the ECB rate known at each day's auction.