Cookie Consent by Free Privacy Policy Generator Update cookies preferences
4.5 C
Oslo
Monday, October 3, 2022

Electricity prices tumble

A mild winter combined with unseasonably heavy amounts of rain has led to lower electricity consumption and low electricity rates. Figures compiled by Norwegian Broadcasting (NRK) indicate the lowest electricity bills in seven years.

Consumption is down 5 percent from last year, reported NRK. A family living in a detached home has saved around NOK 1,000 this winter, while those living in small apartments with electric heating have probably saved several hundred kroner.

Norway’s reservoirs are already filled up, noted NRK, indicating that electricity prices should remain low all year long.

newsinenglish.no staff

LATEST STORIES

FOR THE RECORD

For more news on Arctic developments.

MOST READ THIS WEEK

Donate

If you like what we’re doing, please consider a donation. It’s easy using PayPal, or our Norway bank account. READ MORE