About Average residential ESS price per 2MW in Norway
Despite a decline in the spot price of electricity, the average electricity price for households was 3 percent higher in the second quarter of 2025 than in the previous quarter, but 1,1 percent lower than in the second quarter of last year.
Despite a decline in the spot price of electricity, the average electricity price for households was 3 percent higher in the second quarter of 2025 than in the previous quarter, but 1,1 percent lower than in the second quarter of last year.
Table 2Electricity prices in the end-user market, quarterly. Exclusive taxes. Øre/kWh Electricity prices in the end-user market, quarterly. Exclusive taxes. Øre/kWh Download table as .Download table as .Electricity prices in the end-user market, quarterly. Exclusive taxes. Øre/kWh Breakdown.
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Electricity prices peaked in 2022 at some 31.26 euro cents per kilowatt-hour for users with an annual consumption greater than 1,000 and lower than 2,500 kilowatt-hours. Meanwhile, users with a consumption greater than 2,500 and lower than 5,000 kilowatt-hours paid an average of 18.9 euro cents per.
The residential electricity price in Norway is NOK 1.917 per kWh or USD 0.191. The electricity price for businesses is NOK 1.024 kWh or USD 0.102. These retail prices were collected in December 2024 and include the cost of power, distribution and transmission, and all taxes and fees. Compare Norway.
NO: Electricity Price: HC: 15000 KwH & Above: excl Taxes & Levies data was reported at 0.074 EUR/kWh in Dec 2024. This records a decrease from the previous number of 0.093 EUR/kWh for Jun 2024. NO: Electricity Price: HC: 15000 KwH & Above: excl Taxes & Levies data is updated semiannually, averaging.
The Strømstøtte subsidy, introduced in 2023, offers relief when prices spike. Looking ahead, the proposed "Norway Price" fixed-rate option (expected October 2025) aims to provide even more predictability for households. After hitting record highs in 2022, electricity prices eased in 2023 and 2024.
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6 FAQs about [Average residential ESS price per 2MW in Norway]
How much does electricity cost in Norway?
The residential electricity price in Norway is NOK 1.917 per kWh or USD 0.187. The electricity price for businesses is NOK 1.024 kWh or USD 0.100. These retail prices were collected in December 2024 and include the cost of power, distribution and transmission, and all taxes and fees. Compare Norway with 150 other countries.
What happened to electricity prices in Norway in 2023?
In 2023, Norwegian households saw a decrease in the price of electricity. Electricity prices peaked in 2022 at some 31.26 euro cents per kilowatt-hour for users with an annual consumption greater than 1,000 and lower than 2,500 kilowatt-hours.
What are the taxes for households in Norway?
Taxes for households consists of tax on consumption of electricity, value added tax (VAT) and subsidies to Enova. All counties in Norway have the same tax rate for the consumption of electricity, apart from some parts of Troms and the whole of Finnmark, which are exempt.
How much is a MWh in Norway?
This is -65% less than yesterday. In Norway 's local currency this equivalent to 65 NOK MWh, or 0.07 NOK kWh.
How is electricity produced in Norway?
Based on the United States Energy Information Adminstration data from 2022, electricity in Norway is produced from the following sources: fossil fuels 0.53%, wind 10.34%, solar 0.12%, hydro 89.01%, nuclear 0.00%, and geothermal 0.00%. You can also compare the energy mix of Norway to other countries.
What is the response rate of Statistics Norway?
The response rate is about 98 per cent. A revision is a planned change to figures that have already been published, for example when releasing final figures as a follow-up to published preliminary figures. See also Statistics Norway’s principles for revisions. The figures are not revised after the release of the statistics.