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Country and language: Norway

Electricity price in NO1 (Eastern Norway) on 16 January 2024

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

Average for the day

Price with or without VAT

195.56156.44 øre/kWh incl. VATexcl. VAT

59% higher than 15 January (avg 122.8498.27)

Cheapest hour
04:00–05:00 · 109.3787.49 øre
Most expensive hour
08:00–09:00 · 388.46310.77 øre

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

On 16 January 2024, the electricity price in NO1 averaged 195.56 øre/⁠kWh incl. VAT. The cheapest clock hour was 04:00–⁠05:00, at 109.37 øre; the most expensive was 08:00–⁠09:00, at 388.46 øre. On 16 January 2024, the electricity price in NO1 averaged 156.44 øre/⁠kWh excl. VAT. The cheapest clock hour was 04:00–⁠05:00, at 87.49 øre; the most expensive was 08:00–⁠09:00, at 310.77 øre.

Cheapest hours on 16 January

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

  1. 1 hour 04:00–⁠05:00 average 109.3787.49 øre
  2. 2 hours 03:00–⁠05:00 average 109.8487.87 øre
  3. 3 hours 02:00–⁠05:00 average 110.8188.65 øre
  4. 4 hours 01:00–⁠05:00 average 111.2188.97 øre

Most expensive clock hour: 08:00–09:00 (388.46310.77 øre)

Price through the day

Tap the chart to see the price of an hour

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, Tuesday 16 January, in øre/kWh incl. VATexcl. VAT.
Time Price Level
00:00–01:00 113.5490.83 Cheap
01:00–02:00 112.4089.92 Cheap
02:00–03:00 112.7590.20 Cheap
03:00–04:00 110.3188.25 Cheap
04:00–05:00 109.3787.49 Cheap
05:00–06:00 114.9591.96 Cheap
06:00–07:00 173.38138.70 Normal
07:00–08:00 272.64218.11 Expensive
08:00–09:00 388.46310.77 Very expensive
09:00–10:00 381.37305.10 Very expensive
10:00–11:00 352.29281.83 Very expensive
11:00–12:00 282.69226.15 Expensive
12:00–13:00 239.68191.75 Normal
13:00–14:00 200.12160.09 Normal
14:00–15:00 202.38161.91 Normal
15:00–16:00 220.12176.09 Normal
16:00–17:00 239.74191.79 Normal
17:00–18:00 240.77192.61 Normal
18:00–19:00 187.58150.07 Normal
19:00–20:00 157.55126.04 Normal
20:00–21:00 134.60107.68 Cheap
21:00–22:00 121.5297.21 Cheap
22:00–23:00 115.6492.51 Cheap
23:00–24:00 109.5187.61 Cheap

All price areas on 16 January

Price area Average
NO1 Eastern Norway (this page) 195.56156.44
NO2 Southwest Norway 141.40113.12
NO3 Central Norway 136.26109.01
NO4 Northern Norway cheapest 73.58
NO5 Western Norway 135.10108.08

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.