The electricity price for households, including taxes and grid rent but before subtracting electricity support, was 139.3 øre/kWh in the third quarter of 2025, according to data from the Electricity price statistics.
Of the total electricity price in the third quarter, the actual electricity price accounted for 56.9 øre/kWh, grid rent 40.1 øre/kWh, and taxes 42.3 øre/kWh. When including deduction for electricity support, the average electricity price for households ended at 132.3 øre/kWh for the quarter. This was 4.8 per cent higher than in the second quarter and 18 per cent higher than in third quarter in 2024.
– The electricity price in the third quarter of 2025 was 13 percent higher than the average price for the third quarter over the past five years. However, it is important to note that the price on electricity varied significantly from the norther to the southern part of Norway, says Thomas Aanensen, senior advisor at Statistics Norway.
Small increase in electricity support
The average electricity deduction was 7 øre/kWh in the third quarter, an increase of 2.2 øre/kWh from the previous quarter, when the electricity support deduction averaged 4.8 øre/kWh. At the same time, the electricity deduction was higher than in the third quarter last year, when it averaged only 0.2 øre/kWh. Over the past two years, the average electricity deduction has ranged between 0 and 27 øre/kWh per quarter, which is significantly lower than the peak year of 2022. At that time, the electricity support reached as high as 176 øre/kWh in the third quarter for the country as a whole.
The electricity support deduction was introduced by the authorities in December 2021. The scheme entails that households have part of their electricity costs reimbursed through the grid rent (nve.no). From September 1, 2023, the electricity support has been calculated based on price and consumption per hour, instead of per month, as it was before September 2023.
From October 2025 households can choose between the existing electricity support deduction and the new Norgespris scheme. Norgespris allows households to choose a fixed electricity price — currently set at 50 øre/kWh per kWh including VAT, plus any surcharge from the power supplier. The contract runs until the end of 2026. The introduction of Norgespris will affect the electricity price statistics from fourth quarter of 2025.
Unchanged grid rent
The average grid rent for households in third quarter was 40.1 øre/kWh and it was unchanged compared to the third quarter last year. However, compared to the average grid rent for the third quarter over the past five years it was approximately 25 percent higher.
Several grid companies raised their fees in 2024, citing higher power prices, increased interest rates, higher prices for goods and services, increased investments, and reduced Market mechanisms ensure that power flows from a price area with low prices to an area with higher prices. Bottleneck revenues arise when power is transferred between areas with different electricity prices. for Statnett as reasons for this.
Development in the spot price
There was not that much change in electricity prices without taxes and grid rent in the third quarter for all categories of end-users compared to the previous quarter. The price trend can be explained by the development in the Spot price: The spot market price is derived from the Nordic power exchange (Nord Pool AS) from the participants’ combined demand and supply for electricity the next day. The price and volume are determined for each hour of the day. The spot price can vary between the different bidding areas depending on market conditions. Norway is normally divided into five price areas (NO1-NO5). of electricity, which was quite similar for the country as a whole in the two quarters.
However, there were significant differences in electricity prices across the different Due to insufficiencies in the grid transmission capacity, it is not always possible to balance production and consumption of electricity across the entire country. Therefore, the Norwegian power system is divided into five price areas. NO1: South-Norway, NO2: Southwest-Norway, NO3: Mid-Norway, NO4: North-Norway, NO5 West-Norway] in the third quarter. The average spot price of electricity in Northern Norway (NO4) was as low as 3.5 øre/kWh in the third quarter. In Central Norway (NO3) the spot price was about 11 øre/kWh in the same period. In the high-price areas of Southwest and Southeast Norway, the average spot price was 79 and 61 øre/kWh, respectively. In other words, the wholesale electricity price was more than 20 times higher in Southern Norway than in Northern Norway.
Resource situation in third quarter
During the third quarter the total reservoir volume (nve.no) in Norway was a little below the median level for those weeks in the last 20 years. At its lowest, it was about 6 percentage points below the median level. Still, the situation varied a lot in the different price regions in Norway. In Central and Northern Norway, the reservoir level was very high. In Northern Norway (price area NO4), the reservoir level was higher than previously measured for almost all of third quarter.
In Southern Norway, the development in the reservoir level was quite different in the third quarter. In those price areas the reservoir level was well below the historical median level for the period. Especially in Eastern Norway (NO1) and Southern Norway (NO2) where the reservoirs levels at times was about 20 percentage points lower than the median level.
High electricity production and net exports
According to data from the Electricity statistics, electricity production in third quarter was 1.4 per cent higher compared to the same quarter last year, and it was the third highest level ever recorded, going back to 1993. About 90 percent of the electricity production came from hydropower. Net exports out of the country amounted to 5.4 TWh in the third quarter.
Higher electricity prices without grid rent and taxes
The electricity price for households, excluding taxes and grid rent and without subtracting electricity support, increased from 54.3 øre/kWh in the second quarter to 56.9 øre/kWh in the third quarter, an increase of 4.8 percent. For the service industries and industry, excluding energy-intensive industry, the average electricity price (excluding taxes and grid rent) was almost unchanged compared to the previous quarter. However, compared to the same quarter last year the price increased by 56 and 47 per cent respectively.
For energy-intensive industry, the electricity price averaged 42.2 øre/kWh in the third quarter of 2025, excluding taxes and grid rent, an increase of 5.2 percent since the previous quarter. Much of the electricity in energy-intensive industry is purchased through long-term fixed-price contracts entered earlier at lower prices than those seen in recent years. As a result, electricity prices in energy-intensive industry have not followed the same trend as prices in other sectors.
Higher prices for variable price contracts
The price of For contracts of this type, the electric utility companies are under obligation to notify the consumer of any price changes at least a fortnight ahead of the actual price change. This means that the price is locked for a period of at least fourteen days. also increased somewhat for all categories of end-users compared to the previous quarter. For households, the price of such contracts went from 84.4 to 86.7 øre/kWh. In the same quarter last year, these contracts cost 89.7 øre/kWh.
Compared to other contract types, variable price contracts remain, on average, the most expensive option for households.
Meanwhile, the use of these contracts has declined since 2021. The share of electricity consumption in households with variable price contracts dropped from 22 percent in the third quarter of 2021 to just 1.8 percent in the third quarter of this year.
Spot-contracts are still the most common among households
For households, contracts linked to the spot price are the most common contract type. In the third quarter of 2025, this contract type accounted for 96.3 percent of electricity consumption in the country’s households. On average, spot price contracts cost 56.7 øre/kWh in the third quarter, an increase of 5.2 percent from the previous quarter and 68 per cent higher than third quarter last year.
The price for fixed-price contracts for households was 38.6 øre/kWh in the third quarter. Fixed-price contracts accounted for 2 percent of electricity consumption in households. For service industries, this share was 9.1 percent, and for industry, excluding energy-intensive industry, the share was 8.8 percent. For energy-intensive industry, the share of consumption covered by fixed-price contracts is significantly higher.
