Business statistics for the electricity industry

Updated: 29 November 2023

Next update: 29 November 2024

Total price of electricity, grid rent and taxes for households. Electricity support deducted
Total price of electricity, grid rent and taxes for households. Electricity support deducted
2022
157.1
øre/kWh
 
Selected main economic figures and prices for households
Selected main economic figures and prices for households1
2022Per cent change compared to last year
Price for households national level. Øre/kWh
Total price on electricity, grid rent and taxes248.368.0
Price on electricity156.0110.5
Grid rent33.914.1
Taxes58.432.7
Electricity support deducted91.21 347.6
Total price of electricity, grid rent and taxes. Electricity support deducted157.111.0
Economic main figures. NOK million
Compensations of employees10 7398.1
Production value200 79064.0
Cost of goods and services consumed31 37829.9
Value added169 41272.4
Gross fixed capital formation22 135-24.6
Acquisition of fixed assets23 052-22.7
Sale of fixed assets917104.2
1The Norwegian government launched a temporary electricity support package for households in December 2021. The electricity support shown in the table is the weighted average electricity support for the whole country. Annual electricity support is calculated as the weighted average of the monthly electricity support.
Explanation of symbols

Selected tables and charts from this statistics

  • 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
    2022
    Total average price excluding taxesPrice on electricityGrid rent, weighted average
    ALL CONSUMER GROUPS141.7120.421.3
    POWER INTENSIVE MANUFACTURING74.568.26.3
    Manufacture of pulp, papir and paperboard91.083.27.8
    Industrial chemicals74.965.19.8
    Iron, steel and ferroalloys53.549.54.0
    Non-ferrous metals113.3107.26.1
    MINING AND EXTRACTION150.4143.86.6
    Mining140.9121.319.6
    Extraction of crude petroleum and natural gas together with support activities for this sector187.6181.66.0
    MANUFACTURING EXCLUDING POWER INTENSIVE MANUFACTURING127.4109.318.1
    Food products, beverages and tobacco133.2113.719.5
    Other manufacturing124.0106.717.3
    VARIOUS SUPPLY AND REMIDIATION ACTIVITIES91.071.319.7
    Electric power generation, transmission and distribution together with distribution of gas thorugh mains86.967.019.9
    Steam and air conditioning supply145.8130.315.5
    Water supply, sewerage, waste management and remidiation activities180.6155.924.7
    TRANSPORTATION AND STORAGE153.5132.620.9
    Passenger rail transport, freight rail transport, other urban and suburban transport185.0170.214.8
    Other transport and storage155.3131.823.5
    Postal and courier activities169.3145.723.6
    CONSTRUCTION AND OTHER SERVICES160.6135.724.9
    Construction179.6150.629.0
    Wholesale and retail trade, repair of motor vehicles and motorcycles176.7151.924.8
    Accomodation, food and beverage service activities171.4147.324.1
    Information and communication116.8104.412.4
    Financial and insurance activities187.1161.325.8
    Real estate activities186.8160.526.3
    Professional, scientific and technical activities180.1154.325.8
    Administrative and support service activities187.7161.126.6
    Public administration and defence, compulsory social security136.8110.826.0
    Streets and road lighting155.3124.231.1
    Education137.4113.124.3
    Human health and social work activities117.895.622.2
    Arts, entertainment and recreation170.4141.129.3
    Activities of membership organisations159.7128.531.2
    Other service activities212.3179.932.4
    PRIVATE HOUSEHOLDS AND AGRICULTURE188.0153.434.6
    Agriculture, forestry and fishing134.5112.222.3
    Hot-houses179.5160.419.1
    Private households189.9156.033.9
    Cottages and holiday houses212.6153.858.8
    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/kWh1
    2022
    Total price of electricity, grid rent and taxes. Electricity support deductedPrice on electricityGrid rentTaxesElectricity support
    The whole country157.1156.033.958.491.2
    Viken186.3197.833.075.6120.1
    Oslo193.3203.932.477.0120.0
    Innlandet181.9189.333.673.6114.6
    Vestfold og Telemark194.8211.036.479.7132.3
    Agder200.3207.544.380.8132.3
    Rogaland181.7199.037.977.1132.3
    Vestland182.4182.836.372.6109.3
    Møre og Romsdal110.654.932.139.616.0
    Trøndelag - Trööndelage112.361.827.740.217.4
    Nordland - Nordlánnda86.139.435.314.32.9
    Troms og Finnmark - Romsa ja Finnmárku74.140.128.18.82.9
    1The Norwegian government launched a temporary electricity support package for households in December 2021. The electricity support rate is calculated from the monthly electricity price in the Elspot area that households belong to. A county can be in one or more Elspot areas. The average electricity support rate per county is calculated as a weighted average of the relevant electricity support rates using the household consumption in the Elspot areas as weights. Annual electricity support is calculated as the weighted average of the monthly electricity support.
    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
    2007200820092010201120122013201420152016201720182019202020212022
    A. Bilateral contracts, total24.131.428.132.728.221.224.023.319.824.526.433.531.718.539.765.3
    A.1 Contracts up to 1 year duration24.233.930.042.435.023.729.224.119.524.226.940.538.013.856.7102.4
    A.2 Contracts up to 1-5 year duration31.037.831.639.834.424.228.624.524.124.728.733.132.623.344.283.7
    A.3 Contracts with more than 5 year duration15.520.025.126.423.619.421.322.719.024.725.622.821.720.427.133.6
    B. Market power trade, total24.340.132.545.637.424.230.624.719.525.227.641.638.812.864.3131.9
    B.1 Elspot market24.340.132.545.937.424.330.524.619.425.227.641.638.713.064.5130.3
    B.2 The regulation market24.436.230.243.138.523.830.625.220.025.127.641.739.611.462.9143.5
    C. Concession power7.69.69.310.311.110.610.911.911.511.411.812.712.212.213.013.8
    Explanation of symbols
  • Economic main figures of the electricity industry. NOK million
    Economic main figures of the electricity industry. NOK million1
    2013201420152016201720182019202020212022
    Compensations of employees7 9617 0057 9428 5998 6788 7588 4479 0599 93510 739
    Production value63 66358 39157 75467 96968 65687 82979 85670 520122 447200 790
    Cost of goods and services consumed16 02717 06717 18518 29218 62122 28920 61820 50924 16331 378
    Value added47 63641 32440 56949 67750 03565 54059 23850 01198 284169 412
    Gross fixed capital formation19 11619 23420 70824 75627 58833 28234 01735 48329 35622 135
    Acquisition of fixed assets20 40820 31522 23525 83629 80636 92736 93236 31229 80523 052
    Sale of fixed assets1 2921 0811 5271 0802 2183 6452 915829449917
    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
    2022
    TotalCentral governmentCounty/municipality...County municipal...Joint municipal...MunicipalPrivate
    Operating income, total380 69393 624177 0136 668150 99319 351110 057
    Sales of energy314 14965 791144 3686 465121 74616 157103 991
    Sales of transmission54 26924 72027 285024 9242 3612 264
    Other operating income12 2753 1135 3602044 3238343 802
    Operating expenses, total252 52644 787111 8465 00295 61211 23295 893
    Purchase of energy175 08818 17873 8734 50362 0577 31383 037
    Purchase of grid services17 5315 53410 894-49 8321 0651 103
    Compensation of employees10 7313 6775 070374 0609721 984
    Depreciation14 3435 0236 8081186 1615292 512
    Other operating expenses34 83312 37415 20134713 5011 3537 258
    Operating profit128 16748 83765 1661 66655 3818 11914 163
    Financial income, total15 4484 1607 1981 3122 8882 9984 091
    Financial expenses total12 7591 8626 4191464 8111 4614 477
    Financial items, net2 6902 2977791 165-1 9231 537-387
    Profit before taxes130 85651 13465 9462 83253 4589 65613 776
    Taxes78 54929 27045 1741 49936 7556 9214 105
    Profit after taxes52 30721 86520 7711 33316 7032 7369 671
    Extraordinary items, net.......
    Taxes on extraordinary items.......
    Annual profit52 30721 86520 7711 33316 7032 7369 671
    Dividends22 31210 3479 33607 2112 1252 628
    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
    2022
    35.1 Electric power generation, transmission and distribution35.111 Production of electricity through water power35.112 Production of electricity through wind power35.120 Transmission of electricity35.130 Distribution of electricity35.140 Trade of electricity
    Operating income, total380 693181 5767 68822 72434 412134 293
    Sales of energy314 149175 4177 36701 498129 868
    Sales of transmission54 2693043421 96331 476492
    Other operating income12 2755 8552887611 4383 933
    Operating expenses, total252 52675 2274 53114 33627 097131 336
    Purchase of energy175 08849 8087501 325123 881
    Purchase of grid services17 5313732144 33212 262349
    Compensation of employees10 7314 655181 3053 0771 675
    Depreciation14 3434 3382 0512 9924 159802
    Other operating expenses34 83316 0532 1735 7066 2734 629
    Operating profit128 167106 3493 1578 3887 3152 957
    Financial income, total15 44810 2514814604503 806
    Financial expenses total12 7595 9901 9811 1251 4412 222
    Financial items, net2 6904 261-1 499-665-9911 584
    Profit before taxes130 856110 6091 6587 7236 3244 541
    Taxes78 54974 4922531 7001 335770
    Profit after taxes52 30736 1181 4066 0244 9893 771
    Profit extraordinary items......
    Taxes on extraordinary items......
    Annual profit52 30736 1181 4066 0244 9893 771
    Dividends22 31218 6473777371 807743
    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
    2022
    AcquisitionSale
    Fixed assets, total23 052917
    Water power plants1 485114
    ¬ Waterfall rights5071
    ¬ Waterway regulations1 43543
    Hydro-electric power stations3 545121
    ¬ Building construction, hydro-electric power stations1 53076
    ¬ Permanent mechanical and electrical equipment, hydro-electric power stations2 01645
    Thermal power plants196159
    ¬ Building construction, thermal power plants5379
    ¬ Permanent mechanical and electrical equipment, thermal power plants14380
    Windpower plants1 24711
    ¬ Building construction, windpower plants6101
    ¬ Permanent mechanical and electrical equipment, windpower plants63810
    Transmission systems12 917314
    ¬ Central grid systems3 132213
    ¬ Regional grid systems3 30763
    ¬ Local grid systems6 47838
    District heating350
    ¬ Production plants270
    ¬ Distribution systems50
    ¬ Other, district heating30
    Other fixed assets, total3 626197
    ¬ Control centers560
    ¬ Street and road lighting20
    ¬ Motor vehicles and other transport equipment28062
    ¬ Construction machinery2416
    ¬ Office equipment4005
    ¬ Offices and premises21321
    ¬ Dwellings for employees10
    ¬ Land1301
    ¬ Other property44040
    ¬ Construction roads6360
    ¬ Tele24733
    ¬ Fixed assets, other1 19720
    Figures for thermal power plants and windpower plants have been revised, 16 January 2023
    Explanation of symbols

About the statistics

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

The information under «About the statistics» was last updated 8 November 2023.

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 tothe 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. 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.

Electricity support: The Norwegian government launched a temporary electricity support package for households lasting from December 2021 until the end of March 2023. The electricity support is calculated from the monthly electricity price in the price region. A county can be part of one or more price regions. The average price support per county is calculated by taking a weighted average of the support based on the electricity consumption of the households in the county of the price regions. The yearly support is calculated by taking a weighted average of the monthly support..

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.

Name: Business statistics for the electricity industry

Topic: Energy and manufacturing. Establishments, enterprises and accounts

29 November 2024

Division for Structural Business Statistics

Table 2 has data on county level. The other tables have data on national level.

Annual. The statistics are published about 11 months after the reference year.

The annual electricity statistics are reported to Eurostat.

Collected and revised data are stored securely by Statistics Norway in compliance with applicable legislation on data processing.

Statistics Norway can grant access to the source data (de-identified or anonymised microdata) on which the statistics are based, for researchers and public authorities for the purposes of preparing statistical results and analyses. Access can be granted upon application and subject to conditions. Refer to the details about this at Access to data from Statistics Norway.

The purpose of the statistics is to give an overview over economic key figures of the power industry. The statistics go back to 1937, but have been changed several times since then.

External users are the Ministry of Petroleum and Energy, the Ministry of Finance, Norwegian Water Resources and Energy Directorate, Enova, the International Energy Agency (IEA) and Eurostat. The data material is also used by the Divison for National Accounts (930).

No external users have access to statistics before they are released at 8 a.m. on ssb.no after at least three months’ advance notice in the release calendar. This is one of the most important principles in Statistics Norway for ensuring the equal treatment of users.

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.

The statistics are developed, produced and disseminated pursuant to Act no. 32 of 21 June 2019 relating to official statistics and Statistics Norway (the Statistics Act).

Data are reported to Eurostat according to Regulation 2019/2152.

The enterprise is the statistical unit.

Table 1-3 contains all enterprises that have a license for electricity production, transmission of electricity, distribution of electricity or trade with electricity.

Table 4-7 contains all enterprises that have a license for electricity production, transmission of electricity, distribution of electricity or trade with electricity and is classified in industrial classification 35.1.

Data collection together with the Norwegian Water Resources and Energy Directorate.

Total Count.

Data is collected in the web based system eRapp in cooperation with the Norwegian Water Resources and Energy Directorate (NVE). SSB and NVE have separate databases, for their respective needs. SSB use the data for production of statistics and analysis.

The income statements and balance sheets sub-sections of the reporting form are controlled by the respondents registered auditor. The annual reports of the enterprises are used in the revision of the data.

Editing is defined here as checking, examining and amending data. Among other things, maximum and minimum values in addition to percentage changes are calculated.

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Employees of Statistics Norway have a duty of confidentiality.

Statistics Norway does not publish figures if there is a risk of the respondent’s contribution being identified. This means that, as a general rule, figures are not published if fewer than three units form the basis of a cell in a table or if the contribution of one or two respondents constitutes a very large part of the cell total.

Statistics Norway can make exceptions to the general rule if deemed necessary to meet the requirements of the EEA agreement, if the respondent is a public authority, if the respondent has consented to this, or when the information disclosed is openly accessible to the public.

More information can be found on Statistics Norway’s website under Methods in official statistics, in the ‘Confidentiality’ section.

In the electricity statistics of 2008 the sale to different end users is based on a new version of Norwegian industry classification (SIC2007) . The most important changes are:

  • For the first time we also calculate a grid rent for power intensive manufacturing. Since power intensive manufacturing has a very low grid rent compared to other end users, total grid rent for all end users is not comparable with former years.
  • We do not publish gross value of production, intermediate consumption and value added at factor prices in the electricity statistics from 2008. Instead of these variables we publish production value, cost of goods and services consumed and value added.

The enterprise is the statistical unit. Prior to 1993 the establishment was the unit, defined as all energy activities located in one distribution area. This change concerns only utilities with activities in several distribution areas and it only affects the total count of electricity utilities.

Income statement

Table 13428 and 13429 have been revised. Extraordinary items will no longer be published from reference year 2022. The name of two variables have been changed (profit before and after taxes).

The results of a statistical survey normally contain certain collection and processing errors. Collection errors can occur due to a respondent giving incorrect information because they misunderstand a question, or they may forget to answer a question. Processing errors can occur in the data during the optical reading or during revisions of the sample.

Despite various data controls, errors can still occur. These can include errors that were not possible to detect during the control routines or incorrect evaluations by executive officers in Statistics Norway.

A revision is a planned change to figures that have already been published, for example when releasing final figures as a follow-up to published preliminary figures. See also Statistics Norway’s principles for revisions.

Revisions in previously published seasonally adjusted figures can take place when new observations (or revised previous observations) are included in the basis of calculation. The scope of the revision is usually greatest in the most relevant part (last 1–2 years) of seasonally adjusted time series. A corresponding revision in trends is also typical, particularly at the end of the time series. The extent of the revision of trends and seasonally adjusted figures is partly determined by the revision policy, see Section 4 of the European Statistical System (ESS) Guidelines on Seasonal Adjustment on the Eurostat website.

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