Electricity price in Norway today
The spot price of electricity hour by hour in Southern Norway (NO2), Friday, 23 October 2026.
Nearly all of Norway's electricity comes from falling water, yet Norwegians do not pay one price for it. The country is split into five bidding zones, NO1 to NO5, and since 2021 the south has often paid many times more than the north. Two state schemes also shape the household bill: strømstøtte, which covers most of the spot price above a threshold, and Norgespris, an optional fixed price.
This page shows the hourly prices for NO2, southern Norway around Kristiansand and Stavanger. It is the zone where the subsea cables to Denmark, Germany, the Netherlands and Britain come ashore, so it is the one most closely tied to European prices.
Today electricity costs 144.0 øre/kWh in Southern Norway (NO2) on average.
LiveSource: Energi Data Service (Energinet)Rate: ECB 22/10/2026
This page shows Southern Norway (NO2) only. The prices of the other bidding zones in Norway may not be freely republished.
Hour by hour
The three cheapest hours in a row are 21–00 (average 112.5 øre/kWh). The dearest hour is 08–09.
Show every hour as a table
| Hour | Spot price (øre/kWh) | With 25% VAT | Level |
|---|---|---|---|
| 00–01 | 159.8 | 199.7 | Dear |
| 01–02 | 159.0 | 198.7 | Dear |
| 02–03 | 155.2 | 194.0 | Middle |
| 03–04 | 155.7 | 194.6 | Dear |
| 04–05 | 151.4 | 189.2 | Middle |
| 05–06 | 154.7 | 193.3 | Middle |
| 06–07 | 160.1 | 200.2 | Dear |
| 07–08 | 173.9 | 217.4 | Dear |
| 08–09 | 176.6 | 220.8 | Dear |
| 09–10 | 172.0 | 215.0 | Dear |
| 10–11 | 157.3 | 196.6 | Dear |
| 11–12 | 144.9 | 181.2 | Middle |
| 12–13 | 130.4 | 162.9 | Cheap |
| 13–14 | 129.2 | 161.5 | Cheap |
| 14–15 | 128.2 | 160.3 | Cheap |
| 15–16 | 129.2 | 161.5 | Cheap |
| 16–17 | 135.2 | 168.9 | Cheap |
| 17–18 | 142.6 | 178.3 | Middle |
| 18–19 | 142.2 | 177.7 | Middle |
| 19–20 | 138.9 | 173.6 | Middle |
| 20–21 | 122.3 | 152.9 | Cheap |
| 21–22 | 118.7 | 148.4 | Cheap |
| 22–23 | 117.1 | 146.4 | Cheap |
| 23–00 | 101.6 | 127.0 | Cheap |
The spot price is the exchange price, the average of the hour's four quarter-hour prices, before taxes, network tariffs and VAT. Converted at the ECB reference rate of 22/10/2026: 1 EUR = 10.4880 NOK. The ECB's rates are free to use.
Where does the electricity in Norway come from?
Gross electricity generation in 2024 by energy source. Source: Eurostat (nrg_bal_peh).
Household price since 2023
Average price per kWh, all-in, for a household using 2,500–5,000 kWh a year. Source: Eurostat (nrg_pc_204).
A household in Norway using 2,500–5,000 kWh a year paid 222.6 øre/kWh on average, all-in, in H1 2026, 4% less than a year before (Eurostat).
Eurostat's figure for each half-year, with taxes, levies, network costs and VAT. Updated twice a year.
How the electricity price works in Norway
Five zones, from Oslo to Tromsø
Norway's zones are NO1 (east, around Oslo), NO2 (south), NO3 (central, around Trondheim), NO4 (north) and NO5 (west, around Bergen). Prices are set the day before on the Nordic day-ahead market, coupled to the rest of Europe, and the zones split apart whenever the lines between them are full. The north usually has a surplus it cannot move south, which keeps NO3 and NO4 cheaper.
Statnett operates the transmission grid. The Norwegian Energy Regulatory Authority (RME), part of NVE, regulates the network companies and supervises the market. Retail prices are not regulated, but households can choose between a spot-price contract with strømstøtte and the state's fixed Norgespris.
Nettleie, consumption tax, strømstøtte and Norgespris
The bill has the power price from the supplier and the nettleie from the local network company. Since July 2022 the nettleie has a fixed part that depends on the household's highest hourly loads, plus an energy charge per kWh. The network bill also carries the forbruksavgift of 7.13 øre per kWh in 2026, the same all year, and an Enova levy of 1 øre per kWh. VAT of 25% comes on top, except for households in Nordland, Troms and Finnmark, which pay no VAT on electricity. Finnmark and the tiltakssone in Nord-Troms are also exempt from the forbruksavgift.
With strømstøtte, the state pays 90% of the spot price above 77 øre per kWh excluding VAT, hour by hour, for up to 5,000 kWh a month per metering point. Norgespris replaces both the spot price and the support with a fixed 40 øre per kWh excluding VAT (50 øre including VAT); it is available through 31 December 2026.
Reservoirs, snow and the export cables
The single most important number in the Norwegian market is how full the reservoirs are. Snowfall in the mountains, autumn rain and the spring melt decide how much water producers can use, and they price that water against what it might fetch later. A dry year or a low snowpack lifts prices; a wet one lowers them.
In the south, the cables tie Norway's water to European gas and wind. When continental prices are high, producers export and southern prices follow; when Germany and Denmark are flooded with wind power, imports push them down. Cold spells matter too, since most Norwegian homes are heated with electricity.
A hydro country with a growing share of wind
Hydropower is overwhelmingly the main source: more than a thousand plants, from large reservoir schemes in the mountains to small river plants. Because water can be stored, Norway can hold back production when prices are low and release it when they rise, which makes it a flexible partner for its neighbours.
Wind power, mostly onshore, supplies most of the rest. Gas-fired generation is marginal, and solar remains small. Over a normal year Norway produces more electricity than it uses and exports the surplus.
How Norway compares with its neighbours
Sweden also has plenty of hydro but adds nuclear power, and the Norwegian and Swedish zones often trade close to each other. Denmark has almost no storage and depends on wind, so it buys Norwegian water on calm days and sends surplus wind power north on windy ones.
Further away, NordLink to Germany, NorNed to the Netherlands and North Sea Link to Britain connect southern Norway to markets where gas often sets the price.
Norway compared with its neighbours
In 2024, hydro made 88%, wind made 9% and gas made 1% of the electricity generated in Norway. Wind, solar, hydro, nuclear and bioenergy together made 98% of generation in Norway.
Gross electricity generation in 2024 by energy source. Source: Eurostat (nrg_bal_peh). Pumped hydro is left out.
Voltly: your own electricity price in Norway
Voltly shows the hourly prices in Southern Norway (NO2) with taxes, network tariff and VAT, so you see what the hour really costs.
Hourly prices for your bidding zone, all-in, the cheapest hours and the price on your lock screen.
Questions about the electricity price in Norway
- What does electricity cost in Norway today?
- In Southern Norway (NO2) the spot price averages 144.0 øre/kWh today. It is cheapest at 23–00 with 101.6 øre/kWh and dearest at 08–09 with 176.6 øre/kWh. Network tariffs, taxes and VAT come on top.
- What does an ordinary household in Norway pay for electricity?
- A household in Norway using 2,500–5,000 kWh a year paid 222.6 øre/kWh per kWh on average, all-in, in H1 2026, according to Eurostat (about 19.9 c/kWh at today's rate). The price varies with the network company and the contract.
- How much of the electricity in Norway comes from hydro?
- 88% of the electricity generated in Norway came from hydro in 2024 (Eurostat), the largest single source.
- Why does the page show only NO2?
- Prices for all five Norwegian zones are published by the power exchange, but its prices for NO1, NO3, NO4 and NO5 may not be freely republished. The page shows NO2, which comes from a source that allows it. NO1 and NO5 are often close to NO2; NO3 and NO4 are usually cheaper.
- What is the difference between Norgespris and strømstøtte?
- With strømstøtte you pay the spot price, and the state covers 90% of the part above 77 øre per kWh excluding VAT, hour by hour. With Norgespris you pay a fixed 40 øre per kWh excluding VAT whatever the market does, and receive no strømstøtte. Nettleie and taxes apply in both cases.
- Why is electricity cheaper in Northern Norway?
- The north produces more than it uses and the lines south are limited, so NO4 usually has a lower spot price. On top of that, households in Nordland, Troms and Finnmark pay no VAT on electricity, and Finnmark and the tiltakssone in Nord-Troms pay no forbruksavgift.