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The price of electricity is twice as high as normal

The average electricity price for households was 76.3 øre per kilowatt hour before taxes and grid rent were included, according to SSB.

The total electricity price for households was on average 147 øre per kilowatt hour – 50 per cent above the average level in the third quarter of the last five years.

The sharp rise in prices in the south of the country this autumn is due to both low levels in the reservoirs and very high power prices in large parts of Europe, according to the Norwegian Water Resources and Energy Directorate (NVE).

There was a slight decrease in the grid rent after Statnett reduced its share of the grid rent by 24 per cent this year, to remedy the situation somewhat for electricity customers who are struggling financially as a result of the corona pandemic.

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