The average electricity price for households was 108.1 øre / kWh in the fourth quarter of 2021, not including taxes and grid rent. This is the highest average price measured in Norway, according to new figures from Statistics Norway (SSB).
“This is the highest price level we have ever measured in the statistics, regardless of the quarter. This also applies if we correct for inflation,” senior adviser Thomas Aanensen at the SSB pointed out.
Statistics Norway has measured electricity prices at a quarterly level since 1998.
Even if one takes into account the government’s electricity subsidy, the total price of electricity was close to 60% higher than the average for the fourth quarter over the past five years, Aanensen added.
The average power subsidy was 21.8 øre per kilowatt-hour in the fourth quarter. The power subsidy was introduced in December and thus only applies to the last month of the quarter.
For 2021 as a whole, electricity prices were also at a record high. Including grid rent and fees, the electricity price averaged 142 øre / kWh in 2021.
Source : © NTB Scanpix / #Norway Today / #NorwayTodayFinance
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