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Country and language: Norway

Electricity price in NO1 (Eastern Norway) on 2 May 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

36.3529.08 øre/kWh incl. VATexcl. VAT

1.180.94 øre higher than 1 May (avg 35.1728.14)

Cheapest hour
13:00–14:00 · 0.120.09 øre
Most expensive hour
07:00–08:00 · 73.3058.64 øre

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

On 2 May 2024, the electricity price in NO1 averaged 36.35 øre/⁠kWh incl. VAT. The cheapest clock hour was 13:00–⁠14:00, at 0.12 øre; the most expensive was 07:00–⁠08:00, at 73.30 øre. On 2 May 2024, the electricity price in NO1 averaged 29.08 øre/⁠kWh excl. VAT. The cheapest clock hour was 13:00–⁠14:00, at 0.09 øre; the most expensive was 07:00–⁠08:00, at 58.64 øre.

Cheapest hours on 2 May

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

  1. 1 hour 13:00–⁠14:00 average 0.120.09 øre
  2. 2 hours 13:00–⁠15:00 average 1.170.94 øre
  3. 3 hours 12:00–⁠15:00 average 3.232.58 øre
  4. 4 hours 12:00–⁠16:00 average 4.843.87 øre

Most expensive clock hour: 07:00–08:00 (73.3058.64 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, Thursday 2 May, in øre/kWh incl. VATexcl. VAT.
Time Price Level
00:00–01:00 22.1417.71 Cheap
01:00–02:00 16.6413.32 Cheap
02:00–03:00 15.2112.17 Cheap
03:00–04:00 11.899.51 Cheap
04:00–05:00 17.9614.37 Cheap
05:00–06:00 44.9335.94 Normal
06:00–07:00 58.8147.05 Very expensive
07:00–08:00 73.3058.64 Very expensive
08:00–09:00 69.2755.41 Very expensive
09:00–10:00 46.4537.16 Normal
10:00–11:00 30.0124.01 Normal
11:00–12:00 12.8310.27 Cheap
12:00–13:00 7.345.87 Cheap
13:00–14:00 0.120.09 Cheap
14:00–15:00 2.231.78 Cheap
15:00–16:00 9.677.74 Cheap
16:00–17:00 32.5226.02 Normal
17:00–18:00 51.5741.26 Expensive
18:00–19:00 57.6746.14 Expensive
19:00–20:00 61.9149.53 Very expensive
20:00–21:00 62.0149.61 Very expensive
21:00–22:00 61.9149.53 Very expensive
22:00–23:00 55.9344.74 Expensive
23:00–24:00 50.1140.09 Expensive

All price areas on 2 May

Price area Average
NO1 Eastern Norway (this page) cheapest 36.3529.08
NO2 Southwest Norway 36.3529.08
NO3 Central Norway 44.4935.59
NO4 Northern Norway 35.59
NO5 Western Norway 43.0934.47

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.