Article for electricity prices

Articles, analysis, and publications

Electricity prices fell in the second quarter Article 16 August
The household electricity price was 7,2 percent lower in the second quarter of 2024 compared to the first quarter of this year.
Flat electricity price development Article 16 May
The household electricity price was 1,0 percent higher in the first quarter of 2024 compared to the last quarter of 2023, but 4,4 percent lower than in the first quarter of 2023.
Lower electricity prices for households in 2023 Article 15 February
The household electricity price in 2023 was about 5,1 per cent lower compared to 2022. Still the average electricity price of 2023 was the second highest value recorded in these statistics.

Lowest electricity price in three years Article 15 November
The household electricity price in July, August and September was about 20 per cent lower compared both to the last quarter and the third quarter in 2022. Last time the price was that low was in the fourth quarter of 2020.
No change in household electricity prices in second quarter Article 16 August
The household electricity price remained almost unchanged in the second quarter of 2023, and the price is still well above the historical average for the quarter.
Lower household electricity price in first quarter Article 19 May
The price of electricity in first quarter of 2023 was 11 per cent lower compared to the previous quarter. Still, the price was very high compared to the historical average.
Record high electricity price in 2022 – curbed by Electricity support for households Article 14 February
The price of electricity for households including grid rent and taxes, but before electricity support is deducted, was record high on average in 2022. Because of the electricity support for households, introduced by the government in December 2021, there was only a 6 per cent increase in the price paid by households compared to 2021.

Electricity support for households curbed record high electricity price in third quarter Article 14 November
The price of electricity for households including grid rent and taxes, but before electricity support is deducted, was a record high 317,6 øre per kWh on average in the third quarter of 2022. Because of the electricity support for households, introduced by the government in December 2021, there was only a small increase in the price paid by households compared to the previous quarter.

Very high electricity price for households Article 15 November
The average price of electricity for households, excluding taxes and grid rent, was 76.3 øre per kWh in the third quarter of 2021. This is more than twice as high compared to the average price in third quarter the last five years.
Threefold increase in electricity price for households Article 17 August
The average price of electricity for households, excluding taxes and grid rent, was 50.9 øre per kWh in the second quarter of 2021. This is more than three times as high compared to the second quarter of 2020 when the price was record low.