⚡️ Electricity prices 🇳🇴 Balsfjord NO4 ⚡️
Electricity price in Balsfjord is 0.202 kr /kWh right now.
Balsfjord buys its electricity from the European day-ahead market via the NO4 zone. Over the last 30 days the average price was € 0.0246 /kWh. Today, the most expensive hour costs 3.9× the cheapest — meaning smart timing genuinely saves money.
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Today's average
0.145 kr€ 0.0128 /kWh
▼ 47% vs yesterday
Right now (03:00)
0.202 kr€ 0.0178 /kWh
Cheapest hour (14:00)
0.062 kr€ 0.0054 /kWh
Most expensive (23:00)
0.239 kr€ 0.0211 /kWh
Tomorrow's day-ahead prices: published 12:00–13:00 CEST.
Price comparison — Balsfjord
| Period | Average | vs today |
|---|---|---|
| Today | 0.145 kr€ 0.0128 /kWh | — |
| Yesterday | 0.274 kr€ 0.0242 /kWh | ▲ 89% |
| Last 7 days | 0.268 kr€ 0.0238 /kWh | ▲ 86% |
| Last 30 days | 0.278 kr€ 0.0246 /kWh | ▲ 92% |
| Current month | 0.250 kr€ 0.0221 /kWh | ▲ 73% |
| Previous month | 0.291 kr€ 0.0257 /kWh | ▲ 101% |
| Same month last year | 0.029 kr€ 0.0026 /kWh | ▼ 80% |
Monthly cost estimate for an average household using 5 000 kWh/year (~417 kWh/month) at this rate: 60.29 kr / month (723.44 kr / year wholesale, before taxes and grid fees).
Today's hourly prices — Balsfjord
| Hour (CEST) | NOK/MWh€/MWh | NOK/kWh€/kWh |
|---|---|---|
| 02:00 | 205.81 kr€ 18.21 | 0.206 kr€ 0.0182 |
| 03:00 | 201.54 kr€ 17.83 | 0.202 kr€ 0.0178 |
| 04:00 | 164.13 kr€ 14.52 | 0.164 kr€ 0.0145 |
| 05:00 | 153.73 kr€ 13.60 | 0.154 kr€ 0.0136 |
| 06:00 | 126.66 kr€ 11.21 | 0.127 kr€ 0.0112 |
| 07:00 | 121.94 kr€ 10.79 | 0.122 kr€ 0.0108 |
| 08:00 | 122.76 kr€ 10.86 | 0.123 kr€ 0.0109 |
| 09:00 | 114.82 kr€ 10.16 | 0.115 kr€ 0.0102 |
| 10:00 | 131.18 kr€ 11.60 | 0.131 kr€ 0.0116 |
| 11:00 | 127.19 kr€ 11.25 | 0.127 kr€ 0.0113 |
| 12:00 | 93.90 kr€ 8.31 | 0.094 kr€ 0.0083 |
| 13:00 | 62.08 kr€ 5.49 | 0.062 kr€ 0.0055 |
| 14:00 ← cheapest | 61.60 kr€ 5.45 | 0.062 kr€ 0.0054 |
| 15:00 | 130.58 kr€ 11.55 | 0.131 kr€ 0.0116 |
| 16:00 | 154.46 kr€ 13.67 | 0.154 kr€ 0.0137 |
| 17:00 | 196.82 kr€ 17.41 | 0.197 kr€ 0.0174 |
| 18:00 | 71.69 kr€ 6.34 | 0.072 kr€ 0.0063 |
| 19:00 | 105.86 kr€ 9.37 | 0.106 kr€ 0.0094 |
| 20:00 | 124.56 kr€ 11.02 | 0.125 kr€ 0.0110 |
| 21:00 | 142.37 kr€ 12.60 | 0.142 kr€ 0.0126 |
| 22:00 | 203.92 kr€ 18.04 | 0.204 kr€ 0.0180 |
| 23:00 ← peak | 239.04 kr€ 21.15 | 0.239 kr€ 0.0211 |
What things cost today — Balsfjord
Range = cost at today's cheapest hour vs most expensive. Average = today's mean. cheapest-hour scheduling targets the cheap end.
| Activity | kWh | Cheapest hour | Average | Peak hour |
|---|---|---|---|---|
| 🚿 Take a 10-min shower | 6 | 0.37 kr€ 0.03 | 0.87 kr€ 0.08 | 1.43 kr€ 0.13 |
| 🛁 Take a bath | 7.5 | 0.46 kr€ 0.04 | 1.09 kr€ 0.10 | 1.79 kr€ 0.16 |
| 💧 Boil 1 L of water | 0.12 | 0.01 kr€ 0.00 | 0.02 kr€ 0.00 | 0.03 kr€ 0.00 |
| 🔌 Charge an EV (full) | 45 | 2.77 kr€ 0.25 | 6.51 kr€ 0.58 | 10.76 kr€ 0.95 |
| 📱 Charge a phone | 0.02 | 0.00 kr€ 0.00 | 0.00 kr€ 0.00 | 0.00 kr€ 0.00 |
| 👕 Run washing machine | 0.8 | 0.05 kr€ 0.00 | 0.12 kr€ 0.01 | 0.19 kr€ 0.02 |
| 🍽️ Run dishwasher | 1.4 | 0.09 kr€ 0.01 | 0.20 kr€ 0.02 | 0.33 kr€ 0.03 |
| 🧹 Vacuum 10 min | 0.33 | 0.02 kr€ 0.00 | 0.05 kr€ 0.00 | 0.08 kr€ 0.01 |
| 💨 Hairdryer 10 min | 0.33 | 0.02 kr€ 0.00 | 0.05 kr€ 0.00 | 0.08 kr€ 0.01 |
| 📺 Watch 1 h of TV | 0.6 | 0.04 kr€ 0.00 | 0.09 kr€ 0.01 | 0.14 kr€ 0.01 |
Last 31 days — Balsfjord
12-month price history — Balsfjord
| Month | Average | NOK/MWh€/MWh |
|---|---|---|
| 2026-07 | 0.250 kr€ 0.0221 /kWh | 250.09 kr€ 22.12 |
| 2026-06 | 0.291 kr€ 0.0257 /kWh | 291.05 kr€ 25.75 |
| 2026-05 | 0.407 kr€ 0.0360 /kWh | 406.96 kr€ 36.00 |
| 2026-04 | 0.150 kr€ 0.0133 /kWh | 149.87 kr€ 13.26 |
| 2026-03 | 0.192 kr€ 0.0169 /kWh | 191.55 kr€ 16.95 |
| 2026-02 | 0.975 kr€ 0.0863 /kWh | 975.42 kr€ 86.29 |
| 2026-01 | 0.807 kr€ 0.0714 /kWh | 806.84 kr€ 71.38 |
| 2025-12 | 0.304 kr€ 0.0269 /kWh | 303.56 kr€ 26.86 |
| 2025-11 | 0.350 kr€ 0.0309 /kWh | 349.64 kr€ 30.93 |
| 2025-10 | 0.050 kr€ 0.0045 /kWh | 50.47 kr€ 4.46 |
| 2025-09 | 0.048 kr€ 0.0043 /kWh | 48.07 kr€ 4.25 |
| 2025-08 | 0.024 kr€ 0.0021 /kWh | 24.24 kr€ 2.14 |
Why your bill is higher than the spot price
The prices on this page are wholesale day-ahead — what suppliers pay on the Nord Pool / EPEX market. Your final retail bill adds:
| Component | Type | Approx (EU avg) |
|---|---|---|
| Wholesale spot price | Variable (this page) | — |
| Electricity tax / excise | Fixed | € 0.005 – 0.20 /kWh |
| Grid / network fee | Fixed + variable | € 0.05 – 0.15 /kWh |
| VAT / sales tax | % multiplier | 20 – 25 % |
| Supplier markup + monthly fee | Provider-specific | € 0.005 – 0.05 /kWh |
Rule of thumb: add 30–60% on top of the wholesale spot price to estimate your true per-kWh cost. The exact split depends on your country, your grid operator, and your contract type.
Smart electricity tips for Balsfjord
- Cheapest hour today: 14:00 CEST at € 0.0054 /kWh — schedule heavy appliances to run within this window.
- Avoid peak: 23:00 CEST hits € 0.0211 /kWh in Balsfjord — postpone the dishwasher or EV charging if you can.
- Dishwasher cost in Balsfjord: running it at the cheapest hour costs about € 0.01; at peak it's € 0.03 — over a year that's significant savings.
- EV charging in Balsfjord: a 50 kWh charge during the cheapest hour costs around € 0.27.
- Typical monthly bill in Balsfjord: a household using 5 000 kWh/year pays about € 5 this month at current wholesale prices (€ 0.0246 /kWh 30-day average).
FAQ — Balsfjord
How is the electricity price determined?
Day-ahead prices are set each morning around 13:00 CEST by Nord Pool / EPEX, where suppliers and producers across Europe submit bids for each hour of the next day. The cheapest mix that meets demand wins, and that price applies to everyone in the bidding zone for that hour.
When is electricity cheapest?
Today the cheapest hour in Balsfjord is 14:00 CEST at € 0.0054 /kWh. Typically late at night (00:00–04:00) and around midday on sunny/windy days when renewables overproduce.
Can electricity prices go negative?
Yes. When wind + solar overproduce on a low-demand day, wholesale prices can drop below zero. This happens 50–100 hours per year in renewables-heavy zones.
Why is my electricity bill higher than the spot price?
The spot price is just one component. Your retail bill also includes electricity tax, grid/network fees, VAT and a supplier markup. Add roughly 30–60 % on top of the wholesale spot price to estimate your true per-kWh cost.
How accurate is this data?
Source: ENTSO-E Transparency Platform — the official EU regulators data feed. Updated every 10–20 minutes.
Can I save money by shifting consumption?
Yes — significantly. Today in Balsfjord the most expensive hour is 3.9× the cheapest. Running your dishwasher, washing machine and EV charging during the cheap window saves real money every cycle.
Are tomorrow's prices already known?
Day-ahead prices are auctioned around 13:00 CEST each day. Until then, only todays hourly prices are final. Once tomorrows auction closes, the full 24-hour breakdown appears on this page automatically.
Source: ENTSO-E Transparency Platform. Last updated: 2026-07-05 (CEST).