Electricity price in NO1 (Eastern Norway) on 15 May 2023

Monday 15 May · Oslo, Drammen, Fredrikstad, Hamar · prices in øre/kWh (100 øre = 1 NOK) · times in Oslo time

Average for the day

With VAT Without VAT

114.8991.91 øre/kWh incl. VATexcl. VAT

34% higher than 14 May (avg 85.5968.47)

Cheapest hour: 02:00–03:00 · 90.5972.47 øre
Most expensive hour: 08:00–09:00 · 136.85109.48 øre

Until 1 October 2025 the day-ahead market traded whole hours, so this day has hourly prices only.

On 15 May 2023, the electricity price in NO1 averaged 114.89 øre/⁠kWh incl. VAT. The cheapest clock hour was 02:00–⁠03:00, at 90.59 øre; the most expensive was 08:00–⁠09:00, at 136.85 øre. On 15 May 2023, the electricity price in NO1 averaged 91.91 øre/⁠kWh excl. VAT. The cheapest clock hour was 02:00–⁠03:00, at 72.47 øre; the most expensive was 08:00–⁠09:00, at 109.48 øre.

Cheapest hours on 15 May

Cheapest continuous period of the day. Average price incl. VATexcl. VAT, øre/kWh.

1 hour 02:00–⁠03:00 average 90.5972.47 øre
2 hours 01:00–⁠03:00 average 91.5773.26 øre
3 hours 01:00–⁠04:00 average 92.3573.88 øre
4 hours 00:00–⁠04:00 average 95.7876.63 øre

Most expensive clock hour: 08:00–09:00 (136.85109.48 øre)

Price through the day

Tap the chart to see the price of an hour · øre/kWh incl. VATexcl. VAT

øre/kWh incl. VATexcl. VAT, per hour. Colours compare each price with the day’s average; a price is marked as expensive only if it is above the average by at least 12.510 øre.

Electricity price hour by hour in NO1 (Eastern Norway)

Electricity price hour by hour, Monday 15 May, in øre/kWh incl. VATexcl. VAT.
Time	Price	Level
00:00–01:00	106.0684.85	Normal
01:00–02:00	92.5574.04	Normal
02:00–03:00	90.5972.47	Normal
03:00–04:00	93.9275.14	Normal
04:00–05:00	108.1886.55	Normal
05:00–06:00	109.2287.37	Normal
06:00–07:00	119.1595.32	Normal
07:00–08:00	134.13107.31	Normal
08:00–09:00	136.85109.48	Normal
09:00–10:00	126.97101.57	Normal
10:00–11:00	123.6898.94	Normal
11:00–12:00	120.9296.74	Normal
12:00–13:00	123.6498.91	Normal
13:00–14:00	121.7997.43	Normal
14:00–15:00	117.1293.70	Normal
15:00–16:00	108.1486.51	Normal
16:00–17:00	105.1784.14	Normal
17:00–18:00	106.9385.55	Normal
18:00–19:00	116.7593.40	Normal
19:00–20:00	120.3896.30	Normal
20:00–21:00	121.7097.36	Normal
21:00–22:00	120.1396.11	Normal
22:00–23:00	117.7394.19	Normal
23:00–24:00	115.6392.50	Normal

All price areas on 15 May

Price area	Average	Hourly min	Hourly max
NO1 Eastern Norway (this page)	114.8991.91	90.5972.47	136.85109.48
NO2 Southwest Norway	120.0196.01	105.1784.14	136.85109.48
NO3 Central Norway cheapest	20.4316.35	6.735.39	35.8828.71
NO4 Northern Norway	16.35	5.39	28.71
NO5 Western Norway	114.8991.91	90.5972.47	136.85109.48

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.