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Business statistics for the electricity industry

The statistics cover economic figures for the electricity industry, as well as power prices and grid rent.

Updated: 28 November 2025
Next update: Not yet determined

Selected figures from these statistics

  • Selected main economic figures and prices for households
    Selected main economic figures and prices for households1
    20232024Per cent change compared to last year
    Price for households national level. Øre/kWh
    Total price on electricity, grid rent and taxes165.6144.1-13.0
    Price on electricity85.861.4-28.4
    Grid rent35.641.215.7
    Taxes44.241.5-6.1
    Electricity support deducted25.17.6-69.7
    Total price of electricity, grid rent and taxes. Electricity support deducted140.5136.5-2.8
    Economic main figures. NOK million
    Compensation of employees11 92712 7567.0
    Production value144 358132 155-8.5
    Cost of goods and services consumed31 20232 8305.2
    Value added113 15699 325-12.2
    Gross fixed capital formation25 35829 09514.7
    Acquisition of fixed assets25 65229 57215.3
    Sale of fixed assets29447762.2
    1The Norwegian government launched an electricity support package for households, lasting from December 2021 onwards. The electricity support shown in the table is the weighted average electricity support for the whole country. For more information on how the electricity support is calculated, please see the “about statistics”-section on the web page of the statistics.
    Explanation of symbols
  • Prices on electricity and grid rent excluding taxes, by consumer group. Øre/kWh
    Prices on electricity and grid rent excluding taxes, by consumer group. Øre/kWh
    2024
    Total average price excluding taxesPrice on electricityGrid rent, weighted average
    ALL CONSUMER GROUPS79.355.224.1
    POWER INTENSIVE MANUFACTURING44.241.03.2
    Manufacture of pulp, papir and paperboard46.845.11.7
    Industrial chemicals66.458.38.1
    Iron, steel and ferroalloys44.742.02.7
    Non-ferrous metals40.537.92.6
    MINING AND EXTRACTION67.061.95.1
    Mining64.958.56.4
    Extraction of crude petroleum and natural gas together with support activities for this sector72.868.74.1
    MANUFACTURING EXCLUDING POWER INTENSIVE MANUFACTURING75.555.619.9
    Food products, beverages and tobacco79.155.223.9
    Other manufacturing73.555.817.7
    VARIOUS SUPPLY AND REMIDIATION ACTIVITIES67.347.819.5
    Electric power generation, transmission and distribution together with distribution of gas thorugh mains69.645.224.4
    Steam and air conditioning supply68.153.914.2
    Water supply, sewerage, waste management and remidiation activities97.270.326.9
    TRANSPORTATION AND STORAGE81.556.824.7
    Passenger rail transport, freight rail transport, other urban and suburban transport79.862.417.4
    Other transport and storage82.056.026.0
    Postal and courier activities91.261.729.5
    CONSTRUCTION AND OTHER SERVICES90.962.128.8
    Construction97.864.633.2
    Wholesale and retail trade, repair of motor vehicles and motorcycles95.565.629.9
    Accomodation, food and beverage service activities90.662.727.9
    Information and communication60.146.313.8
    Financial and insurance activities95.966.929.0
    Real estate activities98.668.230.4
    Professional, scientific and technical activities91.062.428.6
    Administrative and support service activities98.768.330.4
    Public administration and defence, compulsory social security87.958.029.9
    Streets and road lighting96.759.337.4
    Education91.162.928.2
    Human health and social work activities84.358.825.5
    Arts, entertainment and recreation102.969.733.2
    Activities of membership organisations104.868.236.6
    Other service activities105.467.937.5
    PRIVATE HOUSEHOLDS AND AGRICULTURE102.360.941.4
    Agriculture, forestry and fishing77.050.426.6
    Hot-houses86.366.519.8
    Private households102.661.441.2
    Cottages and holiday houses124.964.760.2
    Explanation of symbols
  • Price on electricity, grid rent and taxes of households, by county. Øre/kWh
    Price on electricity, grid rent and taxes of households, by county. Øre/kWh
    Total price of electricity, grid rent and taxes. Electricity support deductedPrice on electricityGrid rentTaxesElectricity support
    The whole country136.561.441.241.57.6
    Østfold143.271.935.645.710.0
    Akershus137.968.734.644.610.0
    Oslo146.572.537.746.310.0
    Innlandet134.965.035.643.89.5
    Buskerud144.367.540.345.79.2
    Vestfold158.872.947.548.810.4
    Telemark159.571.549.449.010.4
    Agder148.772.140.246.810.4
    Rogaland157.669.849.648.610.4
    Vestland149.760.846.945.73.7
    Møre og Romsdal127.344.543.040.60.8
    Trøndelag - Trööndelage129.147.341.741.00.9
    Nordland - Nordlánnda92.638.545.915.06.8
    Troms - Romsa - Tromssa85.438.240.613.46.8
    Finnmark - Finnmárku - Finmarkku91.837.347.913.46.8
    Explanation of symbols
  • Prices on electricity traded in the wholesale market and concession power. Øre/kWh
    Prices on electricity traded in the wholesale market and concession power. Øre/kWh
    2009201020112012201320142015201620172018201920202021202220232024
    A. Bilateral contracts, total28.132.728.221.224.023.319.824.526.433.531.718.539.765.343.437.8
    A.1 Contracts up to 1 year duration30.042.435.023.729.224.119.524.226.940.538.013.856.7102.457.746.6
    A.2 Contracts up to 1-5 year duration31.639.834.424.228.624.524.124.728.733.132.623.344.283.743.139.8
    A.3 Contracts with more than 5 year duration25.126.423.619.421.322.719.024.725.622.821.720.427.133.633.430.4
    B. Market power trade, total32.545.637.424.230.624.719.525.227.641.638.812.864.3131.969.150.6
    B.1 Elspot market32.545.937.424.330.524.619.425.227.641.638.713.064.5130.368.550.8
    B.2 The regulation market30.243.138.523.830.625.220.025.127.641.739.611.462.9143.573.649.5
    C. Concession power9.310.311.110.610.911.911.511.411.812.712.212.213.013.814.315.0
    Explanation of symbols
  • Economic main figures of the electricity industry. NOK million
    Economic main figures of the electricity industry. NOK million1
    2015201620172018201920202021202220232024
    Compensation of employees7 9428 5998 6788 7588 4479 0599 93510 73911 92712 756
    Production value57 75467 96968 65687 82979 85670 520122 447200 790144 358132 155
    Cost of goods and services consumed17 18518 29218 62122 28920 61820 50924 16331 37831 20232 830
    Value added40 56949 67750 03565 54059 23850 01198 284169 412113 15699 325
    Gross fixed capital formation20 70824 75627 58833 28234 01735 48329 35622 13525 35829 095
    Acquisition of fixed assets22 23525 83629 80636 92736 93236 31229 80523 05225 65229 572
    Sale of fixed assets1 5271 0802 2183 6452 915829449917294477
    1Gross fixed capital formation = acquisition - sale of fixed assets
    Explanation of symbols
  • Income statement for enterprises in the electricity industry, by ownership group. NOK million
    Income statement for enterprises in the electricity industry, by ownership group. NOK million
    2024
    TotalCentral governmentCounty/municipality...County municipal...Joint municipal...MunicipalPrivate
    Operating income, total234 55560 982111 8102 76696 29412 75061 764
    Sales of energy170 18637 69576 4442 40463 83610 20356 047
    Sales of transmission50 22920 10928 399026 9401 4591 722
    Other operating income14 1403 1786 9683625 5181 0883 995
    Operating expenses, total165 42736 30674 4262 07867 3604 98954 695
    Purchase of energy85 2399 63735 0691 59631 9951 47840 533
    Purchase of grid services14 6713 60510 20099 591600867
    Compensation of employees12 7564 4335 899444 8221 0342 423
    Depreciation15 5585 3627 4241486 7385372 772
    Other operating expenses37 20413 26915 83528014 2141 3408 100
    Operating profit69 12824 67637 38468828 9347 7627 068
    Financial income, total12 4612 5024 5011952 4591 8475 459
    Financial expenses total18 6074 5256 3321045 0011 2277 750
    Financial items, net-6 146-2 023-1 83191-2 543620-2 291
    Profit before taxes62 98222 65335 55277926 3918 3824 777
    Taxes31 76012 28117 64429713 1684 1801 834
    Profit after taxes31 22310 37217 90848313 2234 2022 943
    Annual profit31 22310 37217 90848313 2234 2022 943
    Dividends9 7368427 89734 5733 321997
    Explanation of symbols
  • Income statement for enterprises in the electricity industry, by classification. NOK million
    Income statement for enterprises in the electricity industry, by classification. NOK million
    2024
    35.1 Electric power generation, transmission and distribution35.111 Production of electricity through water power35.112 Production of electricity through wind power35.119 Other production of electricity35.120 Transmission of electricity35.130 Distribution of electricity35.140 Trade of electricity
    Operating income, total234 555103 2305 8152918 49034 13172 861
    Sales of energy170 18695 3885 15227072568 895
    Sales of transmission50 2292176017 68532 050270
    Other operating income14 1407 62565718041 3563 696
    Operating expenses, total165 42750 0035 2062614 07026 18169 941
    Purchase of energy85 23922 604960064161 897
    Purchase of grid services14 6712 01529501 99510 28780
    Compensation of employees12 7565 6162701 7463 3991 967
    Depreciation15 5584 6552 19343 2934 649764
    Other operating expenses37 20415 1132 594227 0377 2065 232
    Operating profit69 12853 22760934 4197 9512 920
    Financial income, total12 4618 98145109444061 679
    Financial expenses total18 6077 5752 09863 1553 2092 563
    Financial items, net-6 1461 406-1 648-6-2 211-2 803-884
    Profit before taxes62 98254 632-1 039-32 2095 1482 036
    Taxes31 76030 322-43814811 168225
    Profit after taxes31 22324 310-601-41 7273 9801 811
    Annual profit31 22324 310-601-41 7273 9801 811
    Dividends9 7365 85213807931 1081 845
    Explanation of symbols
  • Acquisition and sale of fixed assets, by type of capital. NOK million
    Acquisition and sale of fixed assets, by type of capital. NOK million
    AcquisitionSale
    2024
    Fixed assets, total29 572477
    Water power plants1 4740
    ¬ Waterfall rights130
    ¬ Waterway regulations1 4620
    Hydro-electric power stations4 57521
    ¬ Building construction, hydro-electric power stations1 43512
    ¬ Permanent mechanical and electrical equipment, hydro-electric power stations3 1408
    Thermal power plants235
    ¬ Building construction, thermal power plants80
    ¬ Permanent mechanical and electrical equipment, thermal power plants155
    Windpower plants2040
    ¬ Building construction, windpower plants940
    ¬ Permanent mechanical and electrical equipment, windpower plants1100
    Solar power plants1610
    ¬ Building construction, solar power plants890
    ¬ Permanent mechanical and electrical equipment, solar power plants720
    Transmission systems17 253141
    ¬ Central grid systems4 70980
    ¬ Regional grid systems4 64536
    ¬ Local grid systems7 89925
    District heating360
    ¬ Production plants10
    ¬ Distribution systems220
    ¬ Other, district heating130
    Other fixed assets, total5 846311
    ¬ Control centers970
    ¬ Street and road lighting30
    ¬ Motor vehicles and other transport equipment387108
    ¬ Construction machinery143
    ¬ Office equipment99611
    ¬ Offices and premises89014
    ¬ Dwellings for employees1115
    ¬ Land1967
    ¬ Other property68410
    ¬ Construction roads840
    ¬ Tele3657
    ¬ Fixed assets, other2 120135
    Explanation of symbols

About the statistics

The information under «About the statistics» was last updated 12 November 2025.

Electricity price, i.e. the price that households pay to the electricity suppliers. This part of the power market was deregulated in 1991. Costs relating to electricity certificates, which is a subsidy system for renewable power, are included in the electricity price. According to the Norwegian Water Resources and Energy Directorate (NVE) and the Swedish Energy Agency, the cost of electricity certificates was about 1 øre/kWh in 2012 and 2013.

Grid rent, i.e. the price that households pay for the physical distribution of electricity. Unlike the deregulated electricity price, the grid rent is regulated.

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. VAT is added after electricity price, grid rent and other taxes have been added. Nordland, Troms and Finnmark are exempt from VAT.

Electricity support: The Norwegian government launched a temporary electricity support package for households from December 2021 . The electricity support shown in the tables is the weighted average electricity support for the whole country. Quarterly electricity support is calculated by taking the weighted average of the hourly electricity support. To calculate the weights, Statistics Norway collect hourly household electricity consumption per spot price area from Elhub. Information about the hourly electricity support is collected from NVE (the Norwegian Water Resources and Energy Directorate).

Production value is defined as turnover corrected for changes in stock of finished goods, work in progress and goods and services bought for resale.

Cost of goods and services consumed is the value of goods and services consumed as input in the production process; excluding fixed assets (consumption is recorded as consumption of fixed capital).

Value added is the sum of production value minus the cost of goods and services consumed.

The standard industrial classification 2007 (SN2007) is used for determining the population basis for the statistics.

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