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Country and language: Norway

Electricity price in NO1 (Eastern Norway) on 31 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

63.6850.94 øre/kWh incl. VATexcl. VAT

9% lower than 30 May (avg 69.9755.97)

Cheapest hour
23:00–24:00 · 48.0938.48 øre
Most expensive hour
08:00–09:00 · 108.7587.00 øre

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

On 31 May 2024, the electricity price in NO1 averaged 63.68 øre/⁠kWh incl. VAT. The cheapest clock hour was 23:00–⁠24:00, at 48.09 øre; the most expensive was 08:00–⁠09:00, at 108.75 øre. On 31 May 2024, the electricity price in NO1 averaged 50.94 øre/⁠kWh excl. VAT. The cheapest clock hour was 23:00–⁠24:00, at 38.48 øre; the most expensive was 08:00–⁠09:00, at 87.00 øre.

Cheapest hours on 31 May

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

  1. 1 hour 23:00–⁠24:00 average 48.0938.48 øre
  2. 2 hours 04:00–⁠06:00 average 48.5738.85 øre
  3. 3 hours 03:00–⁠06:00 average 48.6438.91 øre
  4. 4 hours 02:00–⁠06:00 average 48.6938.95 øre

Most expensive clock hour: 08:00–09:00 (108.7587.00 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, Friday 31 May, in øre/kWh incl. VATexcl. VAT.
Time Price Level
00:00–01:00 49.8939.91 Normal
01:00–02:00 49.2539.40 Normal
02:00–03:00 48.8639.09 Normal
03:00–04:00 48.7839.02 Normal
04:00–05:00 48.6638.93 Normal
05:00–06:00 48.4738.77 Normal
06:00–07:00 50.7940.63 Normal
07:00–08:00 102.3581.88 Very expensive
08:00–09:00 108.7587.00 Very expensive
09:00–10:00 108.4986.79 Very expensive
10:00–11:00 106.5885.26 Very expensive
11:00–12:00 98.2678.61 Expensive
12:00–13:00 86.5669.24 Expensive
13:00–14:00 67.0953.67 Normal
14:00–15:00 53.0342.43 Normal
15:00–16:00 49.9939.99 Normal
16:00–17:00 50.3840.30 Normal
17:00–18:00 50.1840.14 Normal
18:00–19:00 50.8240.66 Normal
19:00–20:00 51.3241.06 Normal
20:00–21:00 50.1640.13 Normal
21:00–22:00 51.1840.94 Normal
22:00–23:00 50.2840.22 Normal
23:00–24:00 48.0938.48 Normal

All price areas on 31 May

Price area Average
NO1 Eastern Norway (this page) 63.6850.94
NO2 Southwest Norway 85.3468.27
NO3 Central Norway cheapest 24.3419.47
NO4 Northern Norway 19.47
NO5 Western Norway 63.6850.94

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.