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/en/energi-og-industri/statistikker/elkraftpris/kvartal
311571
statistikk
2017-09-18T08:00:00.000Z
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

Updated

Next update

Key figures

33.1

øre per Kwh is the average price of electricity for households, excluding taxes and grid rent

Electricity prices in the end-user market, quarterly. Øre/kWh
2nd quarter 2017Change in per cent
Øre/KwHLast 3 mos.Last 12 mos.
1New fixed-price contracts are entered during the measuring period, and older fixed-price contracts are entered earlier.
Households. Total price of electricity, grid rent and taxes95.0-1.67.5
Electricity price33.1-3.514.9
Grid rent27.90.02.2
Taxes34.0-0.95.3
 
Households. Electricity price by type of contract. Exclusive taxes
New fixed-price contracts-1 year or less130.0-6.311.9
New fixed-price contracts-1 year or more130.63.49.3
All other fixed-price contracts30.61.3-0.3
Contracts tied to spot price31.8-0.916.1
Variable price (not tied to spot price)36.5-7.813.4
 
Business activity. Electricity price. Exclusive taxes
Services29.4-4.913.5
Manufacturing excl. energy-intensive manufacturing29.2-2.312.3
ManufacturiEnergy-intensive manufacturing31.41.62.3

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Table 1 
Electricity prices in the end-user market, quarterly. Exclusive taxes. Øre/kWh

Electricity prices in the end-user market, quarterly. Exclusive taxes. Øre/kWh
2nd quarter 2017Change in per cent1st quarter 20172nd quarter 2016Breakdown of electricity sales by volume. Per cent
Last 3 mos.Last 12 mos.
1New fixed-price contracts are entered during the measuring period, and older fixed-price contracts are entered earlier.
2Average for all types of contracts, incl. new fixed-price contracts and variable price (not tied to spot price). Pulp and paper industry is included in energy-intensive manufacturing.
HOUSEHOLDS33.1-3.514.934.328.8100.0
New fixed-price contracts, 1-year or less, households130.0-6.311.932.026.80.1
New fixed-price contracts, more than 1-year, households130.63.49.329.628.00.1
Older fixed-price contracts, households30.61.3-0.330.230.71.5
Contracts tied to spot price, households31.8-0.916.132.127.469.2
Variable price contracts, households36.5-7.813.439.632.229.1
SERVICES29.4-4.913.530.925.9100.0
New fixed-price contracts, services127.8-1.1-12.328.131.70.6
Older fixed-price contracts, services129.3-0.7-4.229.530.64.8
Contracts tied to spot price, services29.2-4.915.430.725.388.7
Variable price contracts, services32.4-8.011.335.229.15.8
MANUFACTURING EXCL. ENERGY-INTENSIVE MANUFACTURING29.2-2.312.329.926.0100.0
New fixed-price contracts, manufacturing excl. energy-intensive manufacturing130.76.23.428.929.70.3
Older fixed-price contracts, manufacturing excl. energy-intensive manufacturing129.0-1.06.629.327.26.6
Contracts tied to spot price, manufacturing excl. energy-intensive manufacturing28.9-2.711.629.725.986.4
Variable price contracts, manufacturing excl. energy-intensive manufacturing32.3-11.012.936.328.66.8
ENERGY-INTENSIVE MANUFACTURING231.41.62.330.930.7100.0
Fixed-price contracts and contracts not entered in the market, energy-intensive manufacturing::::::
Contracts tied to spot price, energy-intensive manufacturing27.7-7.413.129.924.5:

Table 2 
Electricity prices and grid rent for households, quarterly. Øre/kWh

Electricity prices and grid rent for households, quarterly. Øre/kWh
2nd quarter 2017Change in per cent1st quarter 20172nd quarter 2016
Last 3 mos.Last 12 mos.
1From January 1st 2004 tax on consumtion of electricity has been collected by the grid company. Therefore the tax on consumtion of electricity is included in the electricity price before 2004 and in the grid rent afterwards. Tax on consumption is not levied in Finnmark and some municipalities in Nord-Troms. Nordland, Troms and Finnmark do not pay VAT.
Electricity price excl. VAT (øre/kWh)33.1-3.514.934.328.8
Electricity price incl. VAT (øre/kWh)140.4-3.615.141.935.1
Grid rent, excl. taxes (øre/kWh)27.90.02.227.927.3
Grid rent, incl. taxes (øre/kWh)154.60.02.454.653.3
Total price of electricity and grid rent excl. taxes (øre/kWh)61.0-1.98.762.256.1
Total price of electricity and grid rent incl. taxes (øre/kWh)195.0-1.67.596.588.4

Table 3 
Electricity prices in the wholesale market, quarterly. Øre/kWh

Electricity prices in the wholesale market, quarterly. Øre/kWh1
2nd quarter 2017
Average price, excl. taxesChange in average price (per cent)Average price, excl. taxes
Last 3 mos.Last 12 mos.1st quarter 20172nd quarter 2016
1VAT and tax on consumtion are not included. The fixed prices are based on market conditions.
WHOLESALES OF ELECTRICITY25.3-5.215.526.721.9
Fixed-price contracts, full time32.50.64.832.331.0
Fixed-price contracts, free time25.3-4.511.026.522.8
Contracts not entered in the market12.11.70.811.912.0
Spot price and regulation electricity25.8-5.817.327.422.0
Electricity supplier in own enterprise or concern25.5-5.912.327.122.7

About the statistics

The quarterly electricity price statistics include information about average electricity prices for households, services and manufacturing in addition to the wholesale market. They also provide information about different types of price contracts by consumer group.

Definitions

Definitions of the main concepts and variables

Prices of electric energy exclusive of public taxes (user tax on electricity, value added tax and subsidies to Enova) and exclusive of grid rent. This is explained in more detail in the annotations in the tables. The statistics then only covers the part of the electricity supply exposed for competition.

Wholesale market: Electricity producers, electricity suppliers and some industrial enterprises buy and sell power in large quantity primarily for re-sale to end users.

End-user market: Customers that buy electricity for their own consumption directly from an electricity supplier.

Grid rent: The customer is charged for transmission of the electricity by the local grid company.

Taxes consist of tax on consumption of electricity, value added tax (VAT) and subsidies to Enova. All counties in Norway have the same tax rate for the consumption of electricity, apart from some parts of Troms and the whole of Finnmark, which are exempt. The Enova tax was 1 øre/kWh in 2014 and is the same for all households throughout the country. VAT is added after electricity price, grid rent and other taxes have been added. Nordland, Troms and Finnmark are exempt from VAT.   

Spot price: Nord Pool Spot is the marketplace for physical power contracts. On Nord Pool Spot the electricity spot price is set for Norway, Finland, Sweden and Denmark.

Type of contracts in the end-user market

Fixed price contracts. All contracts where the price is fixed or where the price is linked to a fixed price path are regarded as fixed price contracts. Contracts tied to a price index are also included in the fixed price category.

Contracts tied to spot price: Includes all contracts derived from the elspot price. This category also includes contracts tied to spot price with an overhead charge or price ceiling. Markups and price ceilings are included in the average price.


Variable price contracts: A type of contract where the price varies during the year, mostly depending on market conditions. For a standard variable contract, the supplier may freely choose the price and its duration provided that any price change is announced to its customers at least 14 days in advance.


Contracts not entered in the market: Price contracts that are not determined by the market. For instance, contracts sold at cost-price or contracts where the state or a municipality sets a price that is higher or lower than the market price. 

Type of contracts in the wholesale market


Fixed price contracts. All contracts where the price is fixed or where the price is linked to a fixed price path are regarded as fixed price contracts. Contracts tied to a price index are also included in the fixed price category. Fixed price contracts are divided into full time and free time. Costumers with free-time fixed price contracts can choose electricity consumption freely during the contract period, while customers with full-time contracts have to distribute the consumption evenly.


Spot prices and regulating power prices: Volumes traded in the elspot and balancing power market.

Contracts not entered in the market: Price contracts that are not determined by the market. For instance, contracts sold at cost-price or contracts where the state or a municipality sets a price that is higher or lower than the market price. 

 

Standard classifications

The standard for sector classification (NACE) is used when dividing prices between the electricity consumer groups. It is also split between different types of contracts for buying and selling electricity.

This division is found in the tables of the statistics.

Administrative information

Name and topic

Name: Electricity prices
Topic: Energy and manufacturing

Next release

Responsible division

Division for Energy and Environmental Statistics

Regional level

Only national level.

Frequency and timeliness

Quarterly.

International reporting

Half-yearly statistics delivered according to Directive 90/377/EEC.

Microdata

The data is stored in Excel-files, one file per quarter. Revised micro data are stored in accordance with Statistics Norway's guidelines for storing of computer files.

Background

Background and purpose

The statistics for prices of electric energy is a quarterly statistics covering prices in the end-user market and wholesale market with information about the factual development of the prices of electric energy. The statistics was started the first quarter of 1998. The measuring period was only one day per quarter then. From the second quarter 1998 the measuring period was increased to one week in the middle of the quarter, in addition to a change in the questionnaire used for collecting data. In the first quarter of 2012 the measuring period was extended to cover the whole quarter. In addition som changes were made in the household fixed price contracts.

Users and applications

The statistics are used by the public authorities to follow the development in the market for electric energy. Different analyses institutions and branch organizations also use the statistics and some electricity suppliers use the statistics for prices of electric energy when they set their own prices.

Equal treatment of users

No external users have access to the statistics and analyses before they are published and accessible simultaneously for all users on ssb.no at 8 am. Prior to this, a minimum of three months' advance notice is given in the Statistics Release Calendar.

For more information, see Principles for equal treatment of users in releasing statistics and analyses

Coherence with other statistics

Tables showing electricity prices in the wholesale market and the end-user market are available in the annual electricity statistics and quarterly electricity price statistics. The quarterly electricity price statistics are based on a sample of about 40 enterprises in the wholesale and end-user market, and are released around two months after the end of the quarter. Annual electricity statistics include all the enterprises in the population, and are released about 12 months after the reference year.   

The quarterly electricity price statistics have the most up-to-date electricity prices and provide information about different types of price contracts (spot price, variable price and fixed price). The annual electricity statistics are more detailed and the data source covers the whole population.

Internally the statistics is used in the quarterly national account and in the producer price index. The statistics is also used to calculate half-yearly electricity prices reported to Eurostat. Preliminary yearly average prices are calculated from the quarterly statistics.

Legal authority

The Statistic Act §2-2 and 2-3

EEA reference

Directive 90/377/EEC

Production

Population

The population includes companies within electricity supply, which means division 35.1 in the Norwegian Standard Industrial Classification. Data is collected from a sample from this population.

Data sources and sampling

Own survey for quarterly electricity prices.

The statistics are made from information from a sample of about 40 electricity suppliers in the wholesale market and 45 electricity suppliers in the end-user market. The sample is made to cover as good as possible both large and small electricity plants, different geographical areas, and different consumer groups the electricity plants sell electricity to. About 16 per cent of the units of the population are included in the sample, but because the largest companies are included the ratio of the total quantity is about 60 per cent.

Collection of data, editing and estimations

The survey is based on electronic questionnaires collected via Altinn, About 95 per cent of the responses are returned via Altinn. Reminders are done by e-mail and phone. The response rate is about 98 per cent.

Maximum and minimum values are controlled. To some extent the figures are also compared with previous reported data for each of the electricity plants. Decimal- and thousand separators and denomination are controlled thorough. The prices are compared with the spot prices of electricity at Nord Pool. Reported quantities are somethimes compared with reported quantities in the yearly electricity statistics and Energy use in the manufacturing sector.

Missing questionnaires are not imputated. Quantities sold and average prices are collected for different types of contracts and consumer groups. Weighted average prices and measures of dispersion are made from this.

Seasonal adjustment

Not relevant

Confidentiality

According to § 2-4 of the Statistics Act, collected data are subject to secrecy and must be kept or destroyed in a secure manner. Any use of the data must be in accordance with the rules set out by the Data Inspectorate.

Comparability over time and space

The quarterly statistics for electricity prices was started the 1st quarter 1998. A change was made in the questionnaire from the 1st to the 2nd quarter that year. After that period there where no changes in the statistics until 1st quarter 2012.

From 1st quarter 2012 and onwards the measuring periode increased from one week in the midle of each quarter to covering the whole quarter. Data published after the 1st quarter 2012 is still comparable with earlier quarters.

Accuracy and reliability

Sources of error and uncertainty

Collection errors may occur in the data due to oblivion, misunderstandings, etc. Processing errors may occur in the exercise of the quality controls. Misunderstandings of the variables and valuations by the units in the samlple may lead to uncertainty in the figures from the survey.

The prices are supposed to be reported without public taxes. If someone don't know this the prices can be too high. But the prices are also supposed to be reported inclusive of possible fixed part of the price. If someone don't know this the prices can be too low.

Missing questionnaires are not imputated. The response rate is about 98 per cent.

Revision

The figures are not revised after the release of the statistics except if large errors are discovered.

Contact

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