Norgespris 2027: 45 øre, a new sign-up and NOK 8,700 saved – is Norway’s fixed power price worth it?
Norway’s government wants to lift Norgespris, the fixed household power price, to 45 øre per kWh from January and says a typical southern household will save NOK 8,700. But everyone must sign up again, the price is not yet approved and the north is a different story.
Norway’s government wants to raise Norgespris, the state-backed fixed electricity price, from 40 to 45 øre per kWh excluding VAT – 56.25 øre including VAT – from 1 January 2027. Current agreements do not roll over: households must sign up again via Elhub, but as of 18 October the 2027 sign-up had not opened. Parliament has yet to approve the price.
Norgespris is a voluntary, state-funded scheme in which households pay a fixed price for the electricity itself, while the state covers – or claws back – the difference from the hourly spot price through the grid bill. The government estimates that a typical household in southern Norway will save around NOK 8,700 with it in 2027. Where you live changes the maths considerably.
Key facts: Norgespris in 2027
- Proposed price: 45 øre (NOK 0.45) per kWh excluding VAT, up from 40 øre; 56.25 øre with 25 per cent VAT. Households in Nordland, Troms and Finnmark pay no VAT on electricity, so 45 øre there.
- New sign-up: required for everyone who wants Norgespris in 2027, including current users.
- If you do nothing: you move to the ordinary electricity subsidy on 1 January 2027.
- Usage cap: 5,000 kWh a month for homes and 1,000 kWh a month for holiday cabins, per metering point.
- Take-up: just under 1.9 million sign-ups by the end of September 2026.
- Cost to the state: just under NOK 16.4 billion for Norgespris and the subsidy combined in 2027, the government estimates.
What has been proposed?
According to the Ministry of Energy’s press release of 7 October 2026, the price would rise by 5 øre – the maximum change the scheme allows in a year. Of the NOK 16.4 billion, NOK 12 billion is for Norgespris on electricity and almost NOK 3.5 billion for the subsidy.
“We are proposing an adjustment of five øre, to 45 øre per kilowatt hour, which comes to 56 øre with VAT,” Prime Minister Jonas Gahr Støre said, as reported by Teknisk Ukeblad/NTB on 6 October 2026. Energy Minister Terje Aasland argues that the high take-up shows people need financial security.
By the end of September, around 78 per cent of households and 83 per cent of holiday homes in south-western Norway (price area NO2) had signed up, according to the ministry.
What will Norgespris cost per kWh in 2027?
With VAT, 45 øre becomes 56.25 øre per kWh, compared with 50 øre today. By our calculation, a household using 16,000 kWh a year would pay about NOK 1,000 more for its electricity than under this year’s Norgespris.
Households in Nordland, Troms and Finnmark are exempt from VAT on electricity under section 6-6 of the Norwegian VAT Act, so they would pay 45 øre and see an increase of NOK 800 at the same usage.
Grid charges, taxes and your supplier’s mark-up come on top under either scheme, and you still need an ordinary electricity contract.
Do I have to sign up for Norgespris again?
Yes. The government’s questions-and-answers page on Norgespris states that you must actively order it again if you want it in 2027. Today’s agreements are binding until 31 December 2026.
Elhub, the national electricity data hub, stated as of 18 October 2026 that ordering for 2027 had not yet opened and that details of when and how would be posted on the same page. Neither Elhub nor the ministry had announced a deadline or terms, such as the lock-in period, for 2027.
The agreement follows the metering point rather than the person, and only the customer registered with the grid company can order it.
Is Norgespris worth it for you?
The rule of thumb: Norgespris pays off over the year if the spot price you would otherwise pay, weighted by when you use power, averages more than 45 øre excluding VAT. The ordinary subsidy only trims the peaks – under the proposal, the state covers 90 per cent of any hourly price above 79 øre excluding VAT.
Take an hour when the spot price is 150 øre. With the subsidy you pay 86.1 øre excluding VAT; with Norgespris, 45 øre. When the spot price is 30 øre, the subsidy leaves you paying 30 øre – and Norgespris still costs 45.
Southern Norway
The government’s NOK 8,700 estimate assumes 16,000 kWh a year in NO2 and a spot price based on forward prices from July 2026 – roughly 54 øre saved per kWh on average. The ministry itself stresses that the uncertainty is large.
Central Norway and the north-west coast
The Norwegian Consumer Council said in September 2025 that most analyses favoured Norgespris in southern Norway, but that the choice was less clear-cut in Trøndelag and the north-west.
Northern Norway (NO4)
This is where the case is weakest. NRK reported in October 2025, citing figures from the newspaper Nationen, that Norgespris had been dearer than the spot price on every day of its first month in the north. Cold winter days with price spikes still happen there, so in NO4 Norgespris is mainly insurance against winter peaks.
Why it matters for Norway
The scheme has proved far costlier than planned. According to Teknisk Ukeblad, the 2026 bill was first put at under NOK 10 billion, then revised to NOK 21.5 billion. Statistics Norway puts the average household electricity price at 100.1 øre per kWh excluding VAT in the second quarter of 2026 – well above the fixed price.
Tor Reier Lilleholt, head of analysis at Volue Insight, expects Norgespris alone to cost the state more than NOK 22 billion in 2027, against the government’s NOK 12 billion. “In my mind, that is far too low,” he told NRK, as quoted by Teknisk Ukeblad. Elisabet Haugsbø, president of the engineers’ union Tekna, is calling for an independent evaluation.
The bill is part of a wider contest over Norwegian power: read why electricity has become AI’s biggest bottleneck and the debate over data centres and Norwegian hydropower.
What happens next?
The 45-øre price and the 79-øre subsidy threshold will be decided as part of the autumn budget negotiations in the Storting, and a budget deal could change them. Parliament has already decided that Norgespris will run until 31 December 2029. Watch Elhub’s page for the sign-up opening, and find more energy coverage in our Business section.
Frequently asked questions
What is Norgespris?
Norgespris is Norway’s voluntary, state-backed fixed electricity price for homes and holiday cabins, introduced in October 2025. The state settles the difference from the spot price through the grid bill.
What will Norgespris cost in 2027?
The government proposes 45 øre per kWh excluding VAT, or 56.25 øre including VAT. Households in Nordland, Troms and Finnmark pay no VAT on electricity.
Do I need to sign up again, and is there a deadline?
Yes, everyone must order again for 2027 via Elhub’s Min side. As of 18 October 2026 ordering had not opened and no deadline had been set.
Is Norgespris worth it in northern Norway?
Often not, because spot prices in NO4 sit below the fixed price for long periods. It can still protect you against price spikes on cold winter days.
