Northern Norway had the cheapest electricity in Europe last year

Electricity - power linesPhoto: Håkon Mosvold Larsen / NTB
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While the Nordic region registered the most expensive electricity prices in the last 20 years in 2021, Northern Norway had the cheapest electricity in Europe, according to an overview from Energi Norge.

Nordland and Troms og Finnmark (price area NO4) ended with an average price of 35 øre per kilowatt-hour last year, excluding grid rent and fees, E24 writes.

In comparison, Southern Norway had an average price of 76 øre per kilowatt-hour, while the Nordic countries had an average price of 63.15 øre per kilowatt-hour in 2021.

The price of electricity in the southernmost price areas in Norway was not only significantly higher than in Northern Norway last year – it was also higher than in Finland, the Baltic countries, and three of the four Swedish price areas.

Source: © NTB Scanpix / #Norway Today / #NorwayTodayFinance

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