The price of electricity in Norway has not been this low since 2007

ElectricityElectricity.Photo: Norway Today

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The average electricity price for January is the lowest in 13 years according to the Nord Pool power exchange.

The electricity price for Oslo in January was calculated at DKK 0.24 per kilowatt hour (kWh) without VAT and surcharge. By comparison, the average price in Oslo for the first month of the year last year was twice as high, 55 øre per kWh.

The rest of the country also had low average electricity prices in January. Kristiansand and Bergen ended at 0.24 per kWh, while Molde, Trondheim and Tromsø ended at 0.23 per kWh.

– “We calculate electricity prices for every hour of every day, and electricity prices reflect the situation in the market,” says Nordina’s communications director Stina Johansen.

© NTB Scanpix / #Norway Today

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1 Comment on "The price of electricity in Norway has not been this low since 2007"

  1. Not True
    The actual price I was charged in January was 94øre/kwh. So where do you get 24from.

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