Norwegians Have Saved Nearly SEK 9,000 on Government Electricity Price Cap

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Norwegians Have Saved Nearly SEK 9,000 on Government Electricity Price Cap
Photo: Johan Nilsson/TT

Norwegians have saved an average of 1,400 kronor on the so-called Norway price for electricity over the past three months, according to figures from the energy company Fjordkraft.

If we look back to October 1 last year, when the Norgepris was introduced, the savings are approaching SEK 9,000, says Renate Larsen, a price expert at the company.

The figures refer to the three southernmost electricity areas. It is mainly there that electricity consumers have benefited from the government electricity subsidy, which involves a fixed electricity price of 50 öre/kWh.

In the southernmost electricity area, 78 percent of electricity customers have signed up for the Norgepris.

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TT News AgencyT
By TT News Agency. English edition by Sweden Herald, adapted for our readers

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