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ENERGY

TELL US: What are your tips for saving on energy in Norway?

Norwegian homes are set to see energy costs go up this winter. We want to know your tips and plans for limiting the price of bills.

Pictured is a energy meter.
Tell us your best tips for saving money on energy bills in Norway. Pictured is a energy meter.Photo by Arthur Lambillotte on Unsplash

Energy prices in southern Norway have soared due to low hydroelectric reservoir filling levels, the war in Ukraine, and high gas prices. 

Many households in the country are bracing themselves for a tough winter, despite the government’s subsidised bill scheme.

High energy bills have consumers in Norway most worried, according to a survey by Sparebank 1. Norwegian newswire NTB reports that 54 percent of those who responded to the survey are concerned by high electricity prices.

Analysts in Norway have warned that prices in southern Norway could rise as high as 20 kroner per kWh.

We want to know you what your plans are for tackling the energy crisis this winter – if any – and what tips you have.

Have a look at the form below and lets us know, and we’ll share the best advice in a future article.

 

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ENERGY

Why consumers in Norway will see their energy bills increase

Consumers in Norway are charged for being connected to the grid. Energy customers in Norway can expect to see this cost increase significantly in the coming years.

Why consumers in Norway will see their energy bills increase

The average household in Norway can expect grid fees to increase by between 20-30 percent, Norwegian newspaper VG reports.

Costs will be increased as energy firms will invest in improving energy infrastructure. 

“It is expensive to build networks, and there is likely to be a significant increase in the network fees in the future,” Kjetil Lund, a director at the Norwegian Water Resources and Energy Directorate (NVE), told VG.

The NVE has published a projection on grid fees between 2024 and 2030.

Norwegian newswire NTB has estimated that households could see an annual increase of 1,700 kroner in grid rent.

The increases will vary across the country and will depend on the provider. Those in Trøndelag are expected to see the most significant increases. There, grid fees will increase in price by around 30 percent.

Residents in eastern Norway can expect an increaser of 25 percent, while northern Norway will get a slightly lower increase just below the 25 percent mark. Those in southern Norway and the west will receive the smallest increases or just under 20 percent.

The increases don’t take into account additional costs like VAT.

“It will probably vary a little. Higher bills are no fun, but the reality is that it costs money to expand the network and upgrade what we already have. There is a need to build more networks to facilitate business, climate change and electrification. But it’s not free,” Lund said of the increased charges.

In the coming years, energy firms are set to invest 170 billion kroner in upgrading Norway’s energy infrastructure.

Elvia, Norway’s largest provider, has already announced two grid rent increases, a 14 percent increase in October and a second increase in the winter.

The current energy subsidy scheme implemented by the government where the state covers 90 per cent of the electricity price above 73 øre per kWh – or 91.25 øre including VAT will not apply to the increased grid fees.

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