Norway electricity prices
The residential electricity price in Norway is
NOK 1.517 per kWh or USD 0.140.
The electricity price for businesses is
NOK 1.363 kWh or
USD 0.126.
These retail prices were collected in December 2023 and include the cost of power, distribution and transmission, and all taxes and fees.
Compare Norway with 150 other countries.
Historical quarterly data, along with the latest update from June 2024 are available for download.
Sources: Norges vassdrags- og energidirektorat (NVE), Statistisk sentralbyrå
Electricity price analysis for Norway
- Residential electricity prices in Norway are 88.02% of the world average electricity price and 58.38% of the average price in Europe.
- Business electricity rates in Norway are 82.35% of the world average price and 61.29% of the average in Europe.
- Household rates are 108.07% of the business rates.
- Electricity prices paid by small businesses in Norway are 126.20% of the prices paid by big businesses.
- The price paid by households with low electricity consumption is 128.74% of the price paid by households with high electricity consumption.
