Tag: Household energy costs
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Norgepris: Norway’s price protection against high electricity costs
What is Norgepris and why is it getting attention? Norgepris, a government-backed safeguard against soaring electricity bills, has lately attracted interest beyond Norwegian borders. The scheme fixes a price at 40 øre per kilowatt-hour (kWh), excluding taxes and surcharges. If the market price rises above this level, the state covers the difference, effectively capping household…