Electricity prices for industry in Norway 1995-2020

Norwegian industrial consumers have seen a net increase in the price of electricity since 1995. Prices rose from 3.38 euro cents per kilowatt hour (kWh) in 1995, to 8.29 euro cents per kilowatt hour in 2019, for users with an annual consumption greater than 500 and lower than 2,000 megawatt hours. Within the same consumption band, the highest price of electricity was recorded in 2011, costing 10.07 euro cents per kilowatt hour. However, preliminary data for 2020 suggests that average 2020 prices are significantly lower to previous year.

In general, electricity prices for industrial consumers were lower than household electricity prices.

Prices of electricity for industrial customers in Norway from 1995 to 2020

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Sources

Release date

October 2020

Region

Norway

Survey time period

1995 to 2020

Supplementary notes

Figures excludes VAT as well as deductible taxes and other levies.

* Figures from 2008 onwards were based on an annual consumption greater than 500 and lower than 2,000 megawatt hours.
** Preliminary

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Statistics on "Electricity in Norway "

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