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Norway Divided by Electricity. New Tariff Reveals Clear Differences
In the north of the country, energy prices reached a record low of 5 øre/kWh. Fot. stock.adobe.com/licencja standardowa
The first month of the fixed Norgespris tariff has revealed clear differences between regions of the country. Households in southern Norway could save on average over NOK 200 on their electricity bills in October. However, in the central and northern parts of the country, choosing this offer turned out to be disadvantageous.
In southern Norway, covering the Vest-, Sørvest-, and Sørøst-Norge electricity regions, choosing Norgespris resulted in savings of between NOK 237 and 338. In Midt-Norge and Nord-Norge, however, households would have paid more—by NOK 154 and 529, respectively.
The price increase in the central region is explained by the launch of a new power cable over the Sognefjord, which increased the capacity for energy transmission between Midt- and Vest-Norge. As a result, prices in central Norway became more dependent on the levels observed in the south of the country.
The price increase in the central region is explained by the launch of a new power cable over the Sognefjord, which increased the capacity for energy transmission between Midt- and Vest-Norge. As a result, prices in central Norway became more dependent on the levels observed in the south of the country.
Fixed price until the end of 2026
The Norgespris tariff, introduced on October 1, guarantees a fixed price of 40 øre/kWh plus VAT until the end of 2026. According to Elhub data, 36.2 percent of Norwegian households have already taken advantage of this offer.
In October, the average energy price was 59 øre/kWh in Sørøst-Norge, 69 øre/kWh in Sørvest-Norge, and 56 øre/kWh in Vest-Norge. The differences compared to September were minor, but electricity consumption increased by 30–50 percent.
In October, the average energy price was 59 øre/kWh in Sørøst-Norge, 69 øre/kWh in Sørvest-Norge, and 56 øre/kWh in Vest-Norge. The differences compared to September were minor, but electricity consumption increased by 30–50 percent.
It is expected that the differences between regions may deepen as winter approaches.Photo: Adobe Stock, standard license
Record Low Energy Prices in the North
In the north of the country, the situation looked completely different. In October, energy prices in Nord-Norge reached a record low—only 5 øre/kWh, the lowest value for this month in the history of measurements.
The reason was an exceptionally large amount of rainfall, which resulted in reservoirs being 95 percent full—the highest at this time of year in 30 years. According to NVE, these conditions made energy in the region much cheaper than that offered under Norgespris.
The reason was an exceptionally large amount of rainfall, which resulted in reservoirs being 95 percent full—the highest at this time of year in 30 years. According to NVE, these conditions made energy in the region much cheaper than that offered under Norgespris.
Challenges Ahead of Winter
Lower temperatures and higher energy consumption contributed to increased bills in October, although the weather was still warmer than usual for this time of year. As winter approaches, the differences between regions may become even more pronounced.
Experts predict that in southern Norway, maintaining a fixed electricity price will remain beneficial, while residents of the north may stick to traditional tariffs with variable rates.
Experts predict that in southern Norway, maintaining a fixed electricity price will remain beneficial, while residents of the north may stick to traditional tariffs with variable rates.
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