Statistics Norway

Electric energy prices, quarterly

3 Range of electricity prices in end-user market and distribution of sold quantity in the sample
  4th quarter 2008 3rd quarter 2008 4th quarter 2007
  Standard deviation for electricity prices1 Minimum price2 Maximum price2 Breakdown of electricity sales. Per cent Standard deviation for electricity prices1 Breakdown of electricity sales. Per cent Standard deviation for electricity prices1 Breakdown of electricity sales. Per cent
Households        100.0    100.0    100.0
1-year fixed-price contracts 5.7 28.0 54.5 4.4 7.2 4.4 6.9 5.2
Other fixed price-contracts 5.2 33.4 54.2 2.7 7.4 4.0 4.6 5.2
Contracts tied to spot price 3.7 37.5 56.5 51.0 7.3 45.5 2.1 39.9
Variable price (not tied to spot price) 9.5 23.0 59.7 41.8 10.6 46.1 5.2 49.7
                 
Services        100.0    100.0    100.0
New fixed-price contracts4 7.6 35.4 57.2 1.1 8.1 1.7 4.3 3.9
Old fixed-price contracts4 6.7 28.0 53.9 7.6 9.0 8.0 6.2 18.7
Contracts tied to spot price 3.5 38.3 56.0 81.4 7.1 81.3 4.0 66.5
Variable price (not tied to spot price) 10.2 23.0 59.2 9.9 10.7 9.0 5.3 10.8
                 
Manufacturing excl. energy-intensive manufacturing and pulp and paper industry        100.0    100.0    100.0
New fixed-price contacts4 7.5 37.2 57.0 0.8 12.4 0.5 5.1 12.2
Old fixed-price contracts4 9.0 20.0 51.0 54.0 12.2 61.6 10.0 50.4
Contracts tied to spot price 2.6 44.6 55.0 44.5 10.0 36.9 4.7 36.8
Variable price (not tied to spot price) 9.0 33.1 57.5 0.7 11.5 1.1 3.5 0.6
                 
Energy-intensive manufacturing and pulp and paper industry3        100.0    100.0    100.0
Old fixed-price contracts4 and contracts not entered in the market 13.1 10.0 42.4 98.0 9.4 97.7 12.2 89.4
Contracts tied to spot price 2.3 44.6 50.1 2.0 11.6 2.3 0.7 10.6
1  Standard deviation is a measure of range. Higher numbers indicate a greater range of prices.
2  VAT and tax on consumption are not included.
3  All types of contracts, incl. new fixed-price contracts and variable price (not tied to spot price).
4  New fixed-price contacts are entered into the last 3 months before the measuring week, and older fixed-price contracts are entered earlier.

Explanation of symbols