Has it been a long time since you took a good, long shower without a guilty conscience?
After a month of December with current records like pearls on a string, it is good to see that the arrow is starting to point the other way.
We began to see tendencies for electricity prices in southern Norway to fall as early as Wednesday last week – when prices landed at 328 øre on average.
The price of electricity fell during Christmas
But it was only this week that prices really started to fall. We started the space Christmas week with electricity prices of 225 øre including VAT on Monday.
Tough winter
All prices include VAT, but not grid rent or other fees.
Tuesday the price of electricity in southern norway fell further, and landed at 184 cents. Now we can report that tomorrow’s electricity prices bring even more gratifying figures.
We have to go all the way back to 15 December to find an electricity price lower than tomorrow. At that time, electricity prices were as low as 163 øre including VAT.
Down to 174 øre
On Thursday, the electricity will cost 174 øre per kWt, including VAT. It shows numbers from the power exchange NordPool which determines the price of electricity one day in advance.
Far north in the country, the electricity price will be 68 øre including VAT.
Record expensive power: – Now we turn everything off
Even though 174 øre is high above the government’s magical 70-øre limit, it is still pure “bargain” in relation to the worst day of the month:
December 21 lay the electricity price of an insane 494 øre (!). The most expensive electricity was between 17 and 18. At that time, the electricity cost 766 øre per kilowatt hour – including grid rent, it exceeded eight kroner.
Electricity prices: Over eight kroner
On Thursday, it is thus only to take advantage of the opportunity to take a well-deserved long shower, or put on some extra machines with clothes.
The cheapest is the electricity between 02-03 night to Thursday. Then you “only” have to pay 148 øre per kWt including VAT.
Shower for 12 kroner
The most expensive is the power between 17 and 18 o’clock, when you have to cough up 188 øre per kWt. But if you want to calculate how much it costs you to use different appliances, you must remember to add grid rent and fees.
For customers at Elvia, which supplies electricity to around two million people in the Inland, Oslo and Viken, grid rent and fees amount to 44.8 øre.