Electricity price in NO1 (Eastern Norway) on 16 May 2024
· Oslo, Drammen, Fredrikstad, Hamar · prices in øre/kWh (100 øre = 1 NOK) · times in Oslo time
Average for the day
26.6321.31 øre/kWh incl. VATexcl. VAT
8.176.53 øre lower than 15 May (avg 34.8027.84)
- Cheapest hour
- 13:00–14:00 · −0.28−0.22 øre
- Most expensive hour
- 07:00–08:00 · 51.8741.49 øre
- Hours below zero
- 2 h
Until 1 October 2025 the day-ahead market traded whole hours, so this day has hourly prices only.
On 16 May 2024, the electricity price in NO1 averaged 26.63 øre/kWh incl. VAT. The cheapest clock hour was 13:00–14:00, at −0.28 øre; the most expensive was 07:00–08:00, at 51.87 øre. On 16 May 2024, the electricity price in NO1 averaged 21.31 øre/kWh excl. VAT. The cheapest clock hour was 13:00–14:00, at −0.22 øre; the most expensive was 07:00–08:00, at 41.49 øre.
Cheapest hours on 16 May
Cheapest continuous period of the day. Average price incl. VATexcl. VAT, øre/kWh.
- 1 hour 13:00–14:00 average −0.28−0.22 øre
- 2 hours 13:00–15:00 average −0.26−0.20 øre
- 3 hours 12:00–15:00 average 0.180.15 øre
- 4 hours 12:00–16:00 average 0.470.38 øre
Most expensive clock hour: 07:00–08:00 (51.8741.49 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 | 29.7723.82 | Normal |
| 01:00–02:00 | 28.7222.98 | Normal |
| 02:00–03:00 | 28.7122.97 | Normal |
| 03:00–04:00 | 28.0822.46 | Normal |
| 04:00–05:00 | 28.4322.74 | Normal |
| 05:00–06:00 | 25.1220.09 | Normal |
| 06:00–07:00 | 36.8329.46 | Normal |
| 07:00–08:00 | 51.8741.49 | Very expensive |
| 08:00–09:00 | 51.1140.89 | Very expensive |
| 09:00–10:00 | 39.0631.25 | Normal |
| 10:00–11:00 | 24.5319.62 | Normal |
| 11:00–12:00 | 13.0410.43 | Cheap |
| 12:00–13:00 | 1.070.85 | Cheap |
| 13:00–14:00 | −0.28−0.22 | Negative |
| 14:00–15:00 | −0.23−0.19 | Negative |
| 15:00–16:00 | 1.341.07 | Cheap |
| 16:00–17:00 | 14.6011.68 | Cheap |
| 17:00–18:00 | 25.2320.19 | Normal |
| 18:00–19:00 | 30.3924.31 | Normal |
| 19:00–20:00 | 35.5728.46 | Normal |
| 20:00–21:00 | 37.1629.73 | Normal |
| 21:00–22:00 | 35.8528.68 | Normal |
| 22:00–23:00 | 32.6426.11 | Normal |
| 23:00–24:00 | 40.5632.45 | Expensive |
All price areas on 16 May
| Price area | Average | Hourly min | Hourly max |
|---|---|---|---|
| NO1 Eastern Norway (this page) | 26.6321.31 | −0.28−0.22 | 51.8741.49 |
| NO2 Southwest Norway | 26.6321.31 | −0.28−0.22 | 51.8741.49 |
| NO3 Central Norway cheapest | 22.9918.39 | 12.439.94 | 51.1140.89 |
| NO4 Northern Norway | 18.39 | 9.94 | 40.89 |
| NO5 Western Norway | 26.6321.31 | −0.28−0.22 | 51.8741.49 |
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.