Regulatory & complianceNew⏱ ~1 minNO

Norgespris

A Norwegian state scheme letting households choose a fixed electricity price instead of the variable market price.

Norgespris is a scheme under which the state offers household customers a predictable price per kilowatt-hour, as an alternative to following the hourly spot priceHourly electricity price set in the Nordic power market the day before delivery - basis for variable electricity prices to end users.. The point is predictability for the customer: the bill does not move with the market. What matters for the industry is that the scheme is a CHOICE the customer makes, not a property of the metering pointThe fundamental unit in Elhub - the unique point in the electricity network where energy is measured and settled, identified by an 18-digit GSRN number.. Two neighbours with identical consumption can have different bases for the same month, because one opted in and the other did not. The scheme also relates to the electricity subsidyNorwegian state scheme covering part of a household’s electricity cost when the market price exceeds a threshold.: the two are alternative ways of shielding households from high prices, and a customer is in one of them, not both.

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