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Higher electricity prices for households in 2013
statistikk
2014-02-25T10:00:00.000Z
Energy and manufacturing;Prices and price indices
en
elkraftpris, Electricity prices, electricity prices, power prices, fixed prices, spot prices, grid rent, end user market, wholesale market, consumer groups (for example households, service industries, power-intensive manufacturing)Producer and wholesale price indices, Energy , Prices and price indices, Energy and manufacturing
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Electricity prices, Q4 2013

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Higher electricity prices for households in 2013

The average price of electricity for households in 2013, excluding taxes and grid rent, was 34.8 øre/kWh. This is 20 per cent higher compared to 2012. The electricity price for service industry and manufacturing was also higher in 2013.

Electricity prices in the end-user market, quarterly. Øre/kWhPublished 25 February 2014
4th quarter 2013Change in per cent
Øre/KwHLast 3 mos.Last 12 mos.
1New fixed-price contracts are entered into the last 3 months before the measuring period, and older fixed-price contracts are entered earlier.
Households. Total price of electricity, grid rent and taxes89.33.27.5
Electricity price35.66.617.1
Grid rent26.40.00.0
Taxes27.32.23.8
 
Households. Electricity price by type of contract. Exclusive taxes
New fixed-price contracts-1 year or less137.112.813.5
New fixed-price contracts-1 year or more137.49.75.9
All other fixed-price contracts36.62.2-0.3
Contracts tied to spot price34.35.512.5
Variable price (not tied to spot price)38.39.133.0
 
Business activity. Electricity price. Exclusive taxes
Services34.510.910.2
Manufacturing excl. energy-intensive manufacturing32.25.94.5
ManufacturiEnergy-intensive manufacturing29.22.17.7

Source: Statistics Norway

The increase in the electricity price in 2013 may be seen in conjunction with a record high electricity production and low prices in 2012. In 2013, the reservoir filling and hydro power production was lower for most of the year.

The overall average price of electricity for households, including grid rent and taxes, amounted to 88.3 øre per kWh in 2013. This is 9 per cent higher compared to the year before. The grid rent and taxes came to 26.4 and 27.1 øre per kWh respectively.

Spot contracts cheapest

Households tied to spot price contracts paid 34 øre per kWh on average, excluding grid rent and taxes, in 2013, while the price of variable price contracts amounted to 36.4 øre per kWh. New fixed-price contracts lasting one year or less and fixed-price contracts lasting one year or more totalled 35.1 and 35.9 øre per kWh respectively. Other fixed-price contracts amounted to 36.1 øre per kWh.

Higher electricity prices for the service industry and in manufacturing

The average price of electricity in the service industry in 2013 was 33.6 øre per kWh, excluding taxes and grid rent. This is 18 per cent higher than the average price in 2012.

In manufacturing excl. energy-intensive manufacturing the average price amounted to 32.4 øre per kWh. This is 17 per cent higher compared to 2012.

For energy-intensive manufacturing, the average price of electricity was 28.9 øre per kWh in 2013, excluding taxes and grid rent. This is 9 per cent higher compared to 2012.