30 prosent økning for Norgespris i Midt-Norge

I august 2025, over 35,000 households within Mid-Norway, specifically the NO3 electricity rate region encompassing large parts of Trøndelag, Møre and Romsdal, as well as portions of Vestland and Innlandet, signed up for the Norgespris agreement. According to data from Elhub, this represents a surge of more than 30 percent in the number of households with the Norgespris rate.

Two weeks ago, Tom Eirik Olsen, a trading manager at Ishavskraft, advised Mid-Norwegians to consider signing up for Norgespris, citing that it could provide extra funds for holiday gifts. Within five consecutive days, 20,000 households in Mid-Norway signed up for the agreement. On August 14, 36.66 percent of Mid-Norwegian households were on the Norgespris rate.

Olsen from Ishavskraft expects the figure to rise to around 50 percent soon. He notes that many people have taken their holidays, which might have contributed to the rapid uptake. Olsen also mentions that some have approached him about the possibility of signing up for Norgespris in the northerly NO4 electricity rate region, the price of which is currently lower than Norgespris.

For now, Olsen is not convinced that it will be worthwhile to sign up for Norgespris in NO4 for the coming winter, but he cautions that things could change. He adds that there is a free option of 40 øre available, so one should keep an eye on developments. The reason for recommending Norgespris is that it is cheaper than not having it in the NO3 electricity rate region.

Earlier this summer, Volt Power Analytics had predicted that prices in Mid-Norway would fall to 99 øre per kWh in the last three months of the year and 107 øre per kWh in the first three months of 2027. Norgespris offers a fixed electricity rate of 40 øre per kilowatt-hour, excluding nettleie, fees, and any surcharges from the electricity supplier.

After tax, the total cost is 50 øre. The Norgespris rate mentioned here applies until the end of 2026. At the beginning of next year, the price will be adjusted, but the exact increase is not yet determined. What is certain is that the current system has become very expensive for the state. In this year's revised national budget, the government had to increase subsidies for Norgespris and electricity support by 10 billion kroner, nearly doubling the total support to 21.5 billion kroner.

The government explains the increase by the fact that more people than expected have opted for Norgespris. When asked by NRK's program leader about how high Norgespris will go, the then Minister of State did not give a guaranteed answer. When NRK asked about a guarantee that the price would remain at 50 øre with tax, the Minister responded that they had no such guarantee, and the figure would be announced to the Storting (Norwegian parliament) in the autumn.