What is the price structure of electricity in Norway?

Price Structure Example: As reported by Statistics Norway for 2024 (households): Commercial/industrial bills have a similar breakdown except the electricity tax is near-zero (0.60 øre) and they typically receive no subsidy. (Also, very large users often negotiate bespoke supply contracts.)

What are electricity bills in Norway?

Electricity bills in Norway consist of four main components: the wholesale energy price, network tariffs, taxes, and any subsidies. For example, the 2024 average household price (including grid and taxes, excluding one-time support) was about 134.9 øre/kWh.

How do retailers pay for electricity in Norway?

Retailers typically pass this through in spot-based contracts, or bundle it in fixed‐price deals. In 2024 the average spot price (area price) was about 60 øre/kWh. Network (grid) fees: Norway’s grid companies (statnett for transmission, ~150 DSOs for local distribution) set regulated tariffs.

Is wind power growing in Norway?

Wind power in Norway has been growing. In 2024, wind turbines produced about 14.5 TWh – roughly 9.3% of electricity – up a few percent from 2023. Most wind farms are onshore, and new projects continue under government promotion. Solar remains very small (mostly rooftop installations).

What is Norway's wind power mix?

In short, Norway’s primary mix is ~90% hydro, ~10% wind, with other sources negligible. Wind power in Norway has been growing. In 2024, wind turbines produced about 14.5 TWh – roughly 9.3% of electricity – up a few percent from 2023. Most wind farms are onshore, and new projects continue under government promotion.

What is the New 'Norway price' scheme?

From Oct 2025 the government plans a new optional “Norway Price” scheme: a fixed 40 øre/kWh (ex-VAT) price for participating homes (up to a monthly usage cap), giving customers an alternative to volatile market prices. Price Structure Example: As reported by Statistics Norway for 2024 (households):