⚡️ Electricity prices 🇳🇴 Gamvik NO4 ⚡️
Live wholesale day-ahead prices for Gamvik, served from the NO4 bidding zone.
Wholesale electricity in Gamvik follows the NO4 (North) day-ahead auction. Today's average is € 0.0082 /kWh, typical of a far north European location at this time of year.
Show prices in
Today's average
0.090 kr€ 0.0082 /kWh
▲ 251% vs yesterday
Cheapest hour (16:00)
0.016 kr€ 0.0014 /kWh
Most expensive (18:00)
0.304 kr€ 0.0277 /kWh
Tomorrow's day-ahead prices: not yet published — the next-day auction is delayed.
Price comparison — Gamvik
| Period | Average | vs today |
|---|---|---|
| Today | 0.090 kr€ 0.0082 /kWh | — |
| Yesterday | 0.026 kr€ 0.0023 /kWh | ▼ 71% |
| Last 7 days | 0.032 kr€ 0.0030 /kWh | ▼ 64% |
| Last 30 days | 0.094 kr€ 0.0086 /kWh | ▲ 4% |
| Current month | 0.055 kr€ 0.0050 /kWh | ▼ 39% |
| Previous month | 0.169 kr€ 0.0154 /kWh | ▲ 88% |
| Same month last year | 0.024 kr€ 0.0021 /kWh | ▼ 74% |
Monthly cost estimate for an average household using 5 000 kWh/year (~417 kWh/month) at this rate: 37.59 kr / month (451.11 kr / year wholesale, before taxes and grid fees).
Today's hourly prices — Gamvik
| Hour (CEST) | NOK/MWh€/MWh | NOK/kWh€/kWh |
|---|---|---|
| 02:00 | 25.49 kr€ 2.32 | 0.025 kr€ 0.0023 |
| 03:00 | 27.66 kr€ 2.52 | 0.028 kr€ 0.0025 |
| 04:00 | 27.33 kr€ 2.49 | 0.027 kr€ 0.0025 |
| 05:00 | 25.30 kr€ 2.31 | 0.025 kr€ 0.0023 |
| 06:00 | 33.75 kr€ 3.08 | 0.034 kr€ 0.0031 |
| 07:00 | 36.19 kr€ 3.30 | 0.036 kr€ 0.0033 |
| 08:00 | 36.19 kr€ 3.30 | 0.036 kr€ 0.0033 |
| 09:00 | 35.59 kr€ 3.24 | 0.036 kr€ 0.0032 |
| 10:00 | 35.34 kr€ 3.22 | 0.035 kr€ 0.0032 |
| 11:00 | 34.27 kr€ 3.12 | 0.034 kr€ 0.0031 |
| 12:00 | 34.46 kr€ 3.14 | 0.034 kr€ 0.0031 |
| 13:00 | 34.82 kr€ 3.17 | 0.035 kr€ 0.0032 |
| 14:00 | 33.67 kr€ 3.07 | 0.034 kr€ 0.0031 |
| 15:00 | 15.75 kr€ 1.44 | 0.016 kr€ 0.0014 |
| 16:00 ← cheapest | 15.67 kr€ 1.43 | 0.016 kr€ 0.0014 |
| 17:00 | 138.48 kr€ 12.62 | 0.138 kr€ 0.0126 |
| 18:00 ← peak | 304.01 kr€ 27.70 | 0.304 kr€ 0.0277 |
| 19:00 | 297.12 kr€ 27.07 | 0.297 kr€ 0.0271 |
| 20:00 | 239.86 kr€ 21.86 | 0.240 kr€ 0.0219 |
| 21:00 | 219.23 kr€ 19.98 | 0.219 kr€ 0.0200 |
| 22:00 | 253.33 kr€ 23.08 | 0.253 kr€ 0.0231 |
| 23:00 | 199.96 kr€ 18.22 | 0.200 kr€ 0.0182 |
What things cost today — Gamvik
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 | 0.09 kr€ 0.01 | 0.54 kr€ 0.05 | 1.82 kr€ 0.17 |
| 🛁 Take a bath | 7.5 | 0.12 kr€ 0.01 | 0.68 kr€ 0.06 | 2.28 kr€ 0.21 |
| 💧 Boil 1 L of water | 0.12 | 0.00 kr€ 0.00 | 0.01 kr€ 0.00 | 0.04 kr€ 0.00 |
| 🔌 Charge an EV (full) | 45 | 0.71 kr€ 0.06 | 4.06 kr€ 0.37 | 13.68 kr€ 1.25 |
| 📱 Charge a phone | 0.02 | 0.00 kr€ 0.00 | 0.00 kr€ 0.00 | 0.01 kr€ 0.00 |
| 👕 Run washing machine | 0.8 | 0.01 kr€ 0.00 | 0.07 kr€ 0.01 | 0.24 kr€ 0.02 |
| 🍽️ Run dishwasher | 1.4 | 0.02 kr€ 0.00 | 0.13 kr€ 0.01 | 0.43 kr€ 0.04 |
| 🧹 Vacuum 10 min | 0.33 | 0.01 kr€ 0.00 | 0.03 kr€ 0.00 | 0.10 kr€ 0.01 |
| 💨 Hairdryer 10 min | 0.33 | 0.01 kr€ 0.00 | 0.03 kr€ 0.00 | 0.10 kr€ 0.01 |
| 📺 Watch 1 h of TV | 0.6 | 0.01 kr€ 0.00 | 0.05 kr€ 0.00 | 0.18 kr€ 0.02 |
Last 31 days — Gamvik
12-month price history — Gamvik
| Month | Average | NOK/MWh€/MWh |
|---|---|---|
| 2026-08 | 0.055 kr€ 0.0050 /kWh | 55.42 kr€ 5.05 |
| 2026-07 | 0.169 kr€ 0.0154 /kWh | 169.33 kr€ 15.43 |
| 2026-06 | 0.283 kr€ 0.0257 /kWh | 282.59 kr€ 25.75 |
| 2026-05 | 0.395 kr€ 0.0360 /kWh | 395.13 kr€ 36.00 |
| 2026-04 | 0.146 kr€ 0.0133 /kWh | 145.51 kr€ 13.26 |
| 2026-03 | 0.186 kr€ 0.0169 /kWh | 185.99 kr€ 16.95 |
| 2026-02 | 0.947 kr€ 0.0863 /kWh | 947.07 kr€ 86.29 |
| 2026-01 | 0.783 kr€ 0.0714 /kWh | 783.39 kr€ 71.38 |
| 2025-12 | 0.295 kr€ 0.0269 /kWh | 294.73 kr€ 26.86 |
| 2025-11 | 0.339 kr€ 0.0309 /kWh | 339.48 kr€ 30.93 |
| 2025-10 | 0.049 kr€ 0.0045 /kWh | 49.00 kr€ 4.46 |
| 2025-09 | 0.047 kr€ 0.0043 /kWh | 46.68 kr€ 4.25 |
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 Gamvik
- Cheapest hour today: 16:00 CEST at € 0.0014 /kWh — schedule heavy appliances to run within this window.
- Avoid peak: 18:00 CEST hits € 0.0277 /kWh in Gamvik — postpone the dishwasher or EV charging if you can.
- Dishwasher cost in Gamvik: running it at the cheapest hour costs about € 0.00; at peak it's € 0.04 — over a year that's significant savings.
- EV charging in Gamvik: a 50 kWh charge during the cheapest hour costs around € 0.07.
- Typical monthly bill in Gamvik: a household using 5 000 kWh/year pays about € 3 this month at current wholesale prices (€ 0.0086 /kWh 30-day average).
FAQ — Gamvik
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 Gamvik is 16:00 CEST at € 0.0014 /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 Gamvik the most expensive hour is 19.4× 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: 2026-08-14 (CEST).