Electricity price in NO1 (Eastern Norway) on 1 January 2024
· Oslo, Drammen, Fredrikstad, Hamar · prices in øre/kWh (100 øre = 1 NOK) · times in Oslo time
Average for the day
65.5252.41 øre/kWh incl. VATexcl. VAT
17% lower than 31 December (avg 78.4762.77)
- Cheapest hour
- 05:00–06:00 · 29.8323.86 øre
- Most expensive hour
- 17:00–18:00 · 91.3273.05 øre
Until 1 October 2025 the day-ahead market traded whole hours, so this day has hourly prices only.
On 1 January 2024, the electricity price in NO1 averaged 65.52 øre/kWh incl. VAT. The cheapest clock hour was 05:00–06:00, at 29.83 øre; the most expensive was 17:00–18:00, at 91.32 øre. On 1 January 2024, the electricity price in NO1 averaged 52.41 øre/kWh excl. VAT. The cheapest clock hour was 05:00–06:00, at 23.86 øre; the most expensive was 17:00–18:00, at 73.05 øre.
Cheapest hours on 1 January
Cheapest continuous period of the day. Average price incl. VATexcl. VAT, øre/kWh.
- 1 hour 05:00–06:00 average 29.8323.86 øre
- 2 hours 05:00–07:00 average 30.8124.64 øre
- 3 hours 04:00–07:00 average 31.7825.43 øre
- 4 hours 03:00–07:00 average 32.4425.95 øre
Most expensive clock hour: 17:00–18:00 (91.3273.05 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)
| Time | Price | Level |
|---|---|---|
| 00:00–01:00 | 75.5860.46 | Normal |
| 01:00–02:00 | 68.8255.06 | Normal |
| 02:00–03:00 | 38.5730.86 | Cheap |
| 03:00–04:00 | 34.4027.52 | Cheap |
| 04:00–05:00 | 33.7426.99 | Cheap |
| 05:00–06:00 | 29.8323.86 | Cheap |
| 06:00–07:00 | 31.7825.43 | Cheap |
| 07:00–08:00 | 35.1828.15 | Cheap |
| 08:00–09:00 | 36.8729.50 | Cheap |
| 09:00–10:00 | 45.2636.21 | Cheap |
| 10:00–11:00 | 67.0453.63 | Normal |
| 11:00–12:00 | 73.7859.02 | Normal |
| 12:00–13:00 | 79.4863.59 | Normal |
| 13:00–14:00 | 84.0567.24 | Expensive |
| 14:00–15:00 | 87.2069.76 | Expensive |
| 15:00–16:00 | 87.8470.28 | Expensive |
| 16:00–17:00 | 88.7971.03 | Expensive |
| 17:00–18:00 | 91.3273.05 | Expensive |
| 18:00–19:00 | 89.3371.47 | Expensive |
| 19:00–20:00 | 88.6670.93 | Expensive |
| 20:00–21:00 | 87.3269.86 | Expensive |
| 21:00–22:00 | 81.8765.50 | Normal |
| 22:00–23:00 | 73.8859.10 | Normal |
| 23:00–24:00 | 61.8649.49 | Normal |
All price areas on 1 January
| Price area | Average | Hourly min | Hourly max |
|---|---|---|---|
| NO1 Eastern Norway (this page) | 65.5252.41 | 29.8323.86 | 91.3273.05 |
| NO2 Southwest Norway | 65.5252.41 | 29.8323.86 | 91.3273.05 |
| NO3 Central Norway | 55.3844.31 | 29.8323.86 | 91.3273.05 |
| NO4 Northern Norway cheapest | 36.32 | 23.86 | 45.24 |
| NO5 Western Norway | 78.6362.91 | 65.7052.56 | 91.3273.05 |
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.