Southwestern Norway will receive its highest electricity price this year of NOK 3 per kilowatt hour on Monday. Electricity is 91 times more expensive than in the northern part of the country.
Recently, when it comes to electricity prices, Norway has gone from being split in two to being split in three. Prices in southwestern Norway differ from prices in other parts of the country.
This is daytime electricity price in different price zones on Monday:
- South West Norway (NO2): NOK 3,01 per kilowatt hour
- Eastern Norway (NO1) and parts of Western Norway (NO5): NOK 1,79 per kilowatt hour
- Central Norway (NO3) and Northern Norway (NO4): 3 kilowatt hours
It hasn't been long since the last price peak in south-west Norway. The country's southernmost price area saw an initial peak in electricity prices of NOK 2,80 per kilowatt hour on June 30.
At the average rent and electricity bills in southwestern Norway will cost around NOK 4,30 per kilowatt hour on Monday. This price area covers Agder, Rogaland, parts of Vestland and parts of Vestfold and Telemark.
Electricity consumers, however, receive government support for electricity. If current prices persist, support in the Southwest could reach over NOK 1,50 per kilowatt hour in July. In June, the energy subsidy in this area was NOK 1,16 per kilowatt hour.
The last time southern Norway experienced a higher price just before Christmas last year. On December 21, the daily price in southern Norway peaked at NOK 3,95 per kilowatt hour.
Read our next article: Government support for electricity
91 times higher than in the north
The internal price differences in Norway are currently very large. The daily electricity price in southwestern Norway this year was at most 158 times higher than in northern Norway, if you just look at the electricity price without rent and grid charges.