In January, the threshold for triggering direct support per kilowatt-hour increased to 73 øre (excluding value-added tax) from 70 øre. The electricity support scheme is aimed at households, collective metering of consumption in housing companies, and farms. When the market price of electricity exceeds 73 øre/kWh, the government covers 90 percent of the price exceeding this level. The support is calculated on an hourly basis and provided for a monthly electricity consumption of up to 5000 kilowatt-hours. From January to March, a lower standard rate for the electricity tax is introduced. From April throughout the year 2024, the standard rate applies. Both rates increase compared to the rates for the corresponding periods in 2023 (government.no). The electricity tax is included in the Consumer Price Index (CPI) in the calculation of the index for grid rental.
CPI up 2.6 per cent last 12 months
From August 2023 to August 2024 the Consumer Price Index (CPI) increased by 2.6 per cent, while the CPI adjusted for tax changes and excluding energy products (CPI-ATE) rose by 3.2 per cent. The CPI decreased by 0.9 per cent from July 2024 to August 2024, while the CPI-ATE decreased by 0.7 per cent.
Published: 10 September 2024