It shows recent figures from the power exchange Nord Pool, which determines the price one day in advance. At most, the electricity will cost 8.22 kroner per kilowatt hour, if you include grid rent and fees.
Photo: Heiko Junge / NTB
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The electricity price will reach a new annual high on Tuesday, when the price in southern and western Norway rises to NOK 3.95 per kilowatt hour on average – before taxes and grid rent.
The daily price of NOK 3.95 per kilowatt hour on Tuesday will amount to approximately NOK 5.51 on the electricity bill, including grid rent and fees.
The highest price on Tuesday is NOK 6.12 between 17 and 18. With grid rent and fees, this will mean a price to the customer of NOK 8.22 per kilowatt hour for this single hour. This means that a shower with a “generous” shower head can cost NOK 40.87 during the period.
Deer electric car charging
If the starting point is an electricity price of NOK 8.22 per kilowatt hour, a ten-minute shower will cost more than NOK 40.
If you choose to charge the electric car in the same time period, and have a home charger with 7 kW power, you have to pay 57 kroner for that hour.
– But getting up at night to make coffee or pluck out the cord to the refrigerator to save electricity, makes no sense, says energy consultant in “Enova answers” Trond Paasche.
He points out that the power consumption to heat a liter of water is about 0.12 kilowatt hours.
– A pot of coffee costs only one kroner, even when the price of electricity is record high, says Paasche.
A 60 degree laundry uses 0.8 kilowatt hours for the entire wash, while the dryer uses 2-3 kilowatt hours at a time. Cooking is not expensive either, according to the energy consultant.
Most electricity in an ordinary household goes to heating the home and heating water.
– Try to avoid that the panel heaters go on early in the morning and between 17 and 19, when consumption and electricity prices are at their highest, says Trond Paasche in “Enova answers”.
Energy crisis in Europe
In Central and Northern Norway, the average price for clean power will be around 64 øre per kilowatt hour on the same day – or NOK 1.2 with grid rent and fees.
The electricity price has reached ever new records this autumn and winter, and analysts, among other things, cited dry weather as a background. In addition, there is an energy crisis in Europe with high coal and gas prices, as well as sky-high prices for CO₂.
Think this is the top for a while
– The wind level in the Nordics is very low tomorrow, only a quarter of normal. It helps to raise electricity prices. In addition, there is high consumption, cold temperatures with an average of five degrees Celsius, and low water flow, says Ole Tom Djupskås, power analyst at Refinitiv to E24.
He also points to the high electricity prices in Germany as a reason for the Norwegian record price.
– Germany has very high prices now. When we then have to utilize most of the capacity we have here in the Nordic region, and in addition try to export too fully, we do not manage it at all hours, and then we get prices close to the German level.
Djupskås thinks Tuesday’s prices will be the highest we see for a while.
– On the holidays we have ahead of us, consumption goes down, because the industry closes. It will be more exciting to see what happens in January. There is less water in the reservoirs, and less snow than normal, so it can go against high prices in the first half of January.
Two records in a row
This year’s previous peak was reached today, Monday, with a daily price of NOK 3.13 per kilowatt hour in southern Norway – before taxes and grid rent. With grid rent and fees, the price lands around NOK 4.46 per kilowatt hour. This means that a ten minute long shower with a “generous” shower head will cost over 31 kroner in the most expensive period on Monday.
Today’s most expensive hour in the south is between 6 pm and 7 pm, as the price for clean power will be NOK 4.6 per kilowatt hour – before taxes and grid rent.
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