← The week in the power market
Week 41, 5–11 October 2026
The spot price in NO1 averaged 128.8 øre/kWh excl. VAT this week, down 18.2 øre (12.4%) from the week before. The most expensive day was Wednesday 7 October (167.3 øre/kWh), the cheapest Saturday 10 October (85.9 øre/kWh). The cheapest fixed price up to 1 year in NO1 had an estimated total price of 301.3 øre/kWh incl. VAT on 11 October, unchanged from 4 October. The median of the 3 contracts was 303.1 øre/kWh. During the week, 6 price changes were recorded at 4 suppliers.
Spot price
Øre/kWh excl. VAT. The weekly average is the mean of the week's seven daily averages, Monday to Sunday, compared with the week before.
| Price area | Weekly average | vs week before | Cheapest day | Most expensive day |
|---|---|---|---|---|
| NO1 Oslo | 128.8 | −18.2−12.4 %week before 147.0 | 85.9Sat 10 Oct | 167.3Wed 7 Oct |
| NO2 Kristiansand | 136.1 | −20.2−12.9 %week before 156.4 | 87.8Sat 10 Oct | 182.3Wed 7 Oct |
| NO3 Trondheim | 79.8 | −21.7−21.4 %week before 101.5 | 54.7Mon 5 Oct | 107.9Thu 8 Oct |
| NO4 Tromsø | 26.1 | −3.6−12.1 %week before 29.7 | 9.9Tue 6 Oct | 59.3Thu 8 Oct |
| NO5 Bergen | 119.7 | −22.5−15.9 %week before 142.2 | 86.3Sat 10 Oct | 137.6Wed 7 Oct |
Spot price: the day-ahead price per price area, daily averages in øre/kWh excl. VAT. VAT (25%, none in Nordland, Troms and Finnmark) and strømstøtte (the electricity subsidy) are not applied. NO4 is a price area, not the VAT-exempt counties. The supplier's markup, the electricity tax and the grid fee come on top.
Fixed price
Lowest estimated total price and the median per price area on 11 October, compared with 4 October. Øre/kWh incl. VAT (NO4 without VAT) at 14,400 kWh/yr, contract price only.
Fixed price up to 1 year
| Price area | Lowest | Median | Lowest week before | Change |
|---|---|---|---|---|
| NO1 Oslo | 301.3of 3 contracts | 303.1 | 301.3 | 0.0 |
| NO2 Kristiansand | 301.3of 3 contracts | 303.1 | 301.3 | 0.0 |
| NO3 Trondheim | 128.2of 6 contracts | 236.7 | 127.2 | +1.0 |
| NO4 Tromsø | 50.3of 6 contracts | 146.6 | 50.3 | 0.0 |
| NO5 Bergen | 301.3of 3 contracts | 303.1 | 301.3 | 0.0 |
Fixed price 2–3 years
| Price area | Lowest | Median | Lowest week before | Change |
|---|---|---|---|---|
| NO1 Oslo | 203.1of 2 contracts | 203.6 | 203.1 | 0.0 |
| NO2 Kristiansand | 203.1of 2 contracts | 203.6 | 203.1 | 0.0 |
| NO3 Trondheim | 112.7of 4 contracts | 159.1 | 108.2 | +4.6 |
| NO4 Tromsø | 52.3of 5 contracts | 54.3 | 52.3 | 0.0 |
| NO5 Bergen | 203.1of 2 contracts | 203.6 | 203.1 | 0.0 |
Fixed price: estimated total price from Forbrukerrådet's price portal, øre/kWh incl. VAT (NO4 without VAT) at 14,400 kWh/yr, energy price and fixed fee included. Contract price only: grid fee, electricity tax and strømstøtte are not included. Contracts sold nationwide count in every price area. The week before is shown only when the number of contracts is comparable (the smaller is at least half the larger).
The lowest price can be a campaign offer, apply to new customers or members only, or be a loss-leader offer. That is why the median stands beside it. The contracts and their terms are on the page for each price area: NO1, NO2, NO3, NO4, NO5.
Price changes
6 price changes at 4 suppliers during the week. Largest in percentage terms:
Largest cuts
No cuts during the week.
Largest rises
- Bærum EnergiomsetningFastpris · Other contract · national (NO1 basis) · 8 October183.1 → 223.1 øre/kWh +21.8 %
- Cheap Energy NorgeCheap fast · Other contract · national (NO1 basis) · 8 October183.1 → 223.1 øre/kWh +21.8 %
- Kilden KraftFastpris · Other contract · national (NO1 basis) · 8 October183.1 → 223.1 øre/kWh +21.8 %
A price change is a contract whose estimated total price at 14,400 kWh/yr moved by at least 0.5% and 0.1 øre/kWh between two collections. The same change in several price areas counts once. The date is the day the change was found. Spot contracts follow the spot price and are not counted. Contracts sold nationwide are shown with the NO1 figures (25% VAT).
Futures
EEX settlement price for the nearest quarter and the nearest year, øre/kWh excl. VAT: the last trading day up to 9 October, compared with the last trading day up to 2 October.
| Price area | Q1 2027 | Change | Year 2027 | Change |
|---|---|---|---|---|
| NO1 Oslo | 146.9calculated mark* | −3.4 | 96.6calculated mark* | −0.2 |
| NO2 Kristiansand | 145.8calculated mark* | −4.4 | 101.8calculated mark* | −0.9 |
| NO3 Trondheim | 101.4 | −4.8 | 61.4calculated mark* | −1.6 |
| NO4 Tromsø | 41.1calculated mark* | −1.6 | 31.4 | −0.7 |
| NO5 Bergen | 145.0calculated mark* | −4.8 | 94.1calculated mark* | −0.4 |
* Calculated mark: the contract has no open positions, so the settlement price is EEX's calculated mark, not a price anyone has traded at. Open positions are today's figure, not the week's.
Futures: EEX's baseload settlement price on the last trading day of each week. Converted from EUR/MWh at 10.3775 NOK/EUR, the ECB reference rate of 2 November 2026, for every week.
A baseload future covers an even delivery around the clock for the whole period. It is not a consumer price: the markup, the electricity tax, VAT and the grid fee come on top, and a household's consumption profile gives a different price.
Sources: Hva koster strømmen.no (spot price), Forbrukerrådet's price portal (fixed prices and price changes), EEX (futures).
The spot price month by month →All price changes →Futures by price area →RSS (in Norwegian)