– These days, households in southern Norway with an average consumption of electricity will receive electricity bills for January that are up to 9 per cent higher than what they received for December. The increase is due to the extreme cold in the first half of January, which meant that people used more electricity for heating, says deputy director Bård Standal of Renewable Norway.
Renewable Norway’s electricity price index shows that households had the following electricity bills on average in the various price areas into which the electricity market is divided (change from December in brackets):
* Eastern Norway (NO1): NOK 3,027 (+ 6 percent)
* Southern Norway and Southwest Norway (NO2): NOK 2,997 (+ 9 per cent)
* Northern part of Western Norway and Central Norway (NO3): NOK 2,511 (- 7 per cent)
* Northern Norway (NO4): NOK 2,173 (- 9 per cent)
* Central part of Western Norway (NO5): NOK 2,824 (+ 1 per cent)
Higher than January last year
In all parts of the country, the electricity bill in January was higher than the same month last year, according to the index.
The price index calculates the actual electricity bill, including electricity subsidy, network rental and taxes. It also takes account of different average consumption in the various parts of the country.
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In January, electricity in the three southern Norwegian price areas cost between 86-92 øre/kWh, while in the northern part of Western Norway and Central Norway (NO3) the spot price was 64 øre/kWh and in northern Norway 45 øre/kWh, figures from the power exchange show North Pool.
Lower prices, higher consumption
– Across the country, electricity prices were actually lower in January than in December, mainly due to higher wind power production. It was Northern Norway and Central Norway that saw the biggest price drop, and in these parts of the country the weaker electricity prices led to lower electricity bills, says Standal.
Due to the cold, consumption increased, and thus the electricity bill in the rest of the country ended up being higher on average than in December.
January got off to a very cold start, especially in southern Norway. The weather was milder in the second half of January, but nevertheless the average temperature for Norway for the whole month ended at 2.2 degrees below normal, writes Fornybar Norge.
2024-02-19 04:30:02
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