⚡️ Electricity prices 🇳🇴 Meløy NO4 ⚡️
Electricity price in Meløy is 0.782 kr /kWh right now.
Electricity prices in Meløy are set by the NO4 (North) bidding zone of Norway. Today's wholesale rate averages € 0.0506 /kWh, with the cheapest hour at 04:00.
Today's average
0.552 kr /kWh
▲ 75% vs yesterday
Right now (18:00)
0.782 kr /kWh
Cheapest hour (04:00)
0.268 kr /kWh
Most expensive (08:00)
1.112 kr /kWh
Tomorrow's day-ahead prices: not yet published — the next-day auction is delayed.
Price comparison — Meløy
| Period | Average | vs today |
|---|---|---|
| Today | 0.552 kr /kWh | — |
| Yesterday | 0.316 kr /kWh | ▼ 43% |
| Last 7 days | 0.232 kr /kWh | ▼ 58% |
| Last 30 days | 0.141 kr /kWh | ▼ 74% |
| Current month | 0.267 kr /kWh | ▼ 52% |
| Previous month | 0.145 kr /kWh | ▼ 74% |
| Same month last year | 0.076 kr /kWh | ▼ 86% |
Monthly cost estimate for an average household using 5 000 kWh/year (~417 kWh/month) at this rate: 229.88 kr / month (2,758.58 kr / year wholesale, before taxes and grid fees).
Today's hourly prices — Meløy
| Hour (CEST) | NOK/MWh | NOK/kWh |
|---|---|---|
| 02:00 | 272.56 kr | 0.273 kr |
| 03:00 | 272.81 kr | 0.273 kr |
| 04:00 ← cheapest | 268.28 kr | 0.268 kr |
| 05:00 | 334.19 kr | 0.334 kr |
| 06:00 | 372.38 kr | 0.372 kr |
| 07:00 | 694.27 kr | 0.694 kr |
| 08:00 ← peak | 1,111.53 kr | 1.112 kr |
| 09:00 | 932.81 kr | 0.933 kr |
| 10:00 | 786.78 kr | 0.787 kr |
| 11:00 | 721.90 kr | 0.722 kr |
| 12:00 | 582.42 kr | 0.582 kr |
| 13:00 | 436.19 kr | 0.436 kr |
| 14:00 | 426.73 kr | 0.427 kr |
| 15:00 | 422.12 kr | 0.422 kr |
| 16:00 | 420.37 kr | 0.420 kr |
| 17:00 | 635.31 kr | 0.635 kr |
| 18:00 | 782.28 kr | 0.782 kr |
| 19:00 | 781.59 kr | 0.782 kr |
| 20:00 | 738.44 kr | 0.738 kr |
| 21:00 | 677.16 kr | 0.677 kr |
| 22:00 | 540.24 kr | 0.540 kr |
| 23:00 | 446.89 kr | 0.447 kr |
What things cost today — Meløy
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 | 1,609.67 kr | 3,310.30 kr | 6,669.16 kr |
| 🛁 Take a bath | 7.5 | 2,012.09 kr | 4,137.88 kr | 8,336.45 kr |
| 💧 Boil 1 L of water | 0.12 | 32.19 kr | 66.21 kr | 133.38 kr |
| 🔌 Charge an EV (full) | 45 | 12,072.55 kr | 24,827.26 kr | 50,018.71 kr |
| 📱 Charge a phone | 0.02 | 5.37 kr | 11.03 kr | 22.23 kr |
| 👕 Run washing machine | 0.8 | 214.62 kr | 441.37 kr | 889.22 kr |
| 🍽️ Run dishwasher | 1.4 | 375.59 kr | 772.40 kr | 1,556.14 kr |
| 🧹 Vacuum 10 min | 0.33 | 88.53 kr | 182.07 kr | 366.80 kr |
| 💨 Hairdryer 10 min | 0.33 | 88.53 kr | 182.07 kr | 366.80 kr |
| 📺 Watch 1 h of TV | 0.6 | 160.97 kr | 331.03 kr | 666.92 kr |
Last 31 days — Meløy
12-month price history — Meløy
| Month | Average | NOK/MWh |
|---|---|---|
| 2026-05 | 0.267 kr /kWh | 267.07 kr |
| 2026-04 | 0.145 kr /kWh | 144.68 kr |
| 2026-03 | 0.185 kr /kWh | 184.93 kr |
| 2026-02 | 0.942 kr /kWh | 941.66 kr |
| 2026-01 | 0.779 kr /kWh | 778.91 kr |
| 2025-12 | 0.293 kr /kWh | 293.05 kr |
| 2025-11 | 0.338 kr /kWh | 337.54 kr |
| 2025-10 | 0.049 kr /kWh | 48.72 kr |
| 2025-09 | 0.046 kr /kWh | 46.41 kr |
| 2025-08 | 0.023 kr /kWh | 23.40 kr |
| 2025-07 | 0.028 kr /kWh | 27.91 kr |
| 2025-06 | 0.040 kr /kWh | 40.27 kr |
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 Meløy
- Cheapest hour today: 04:00 CEST at € 0.0246 /kWh — schedule heavy appliances to run within this window.
- Avoid peak: 08:00 CEST hits € 0.1019 /kWh in Meløy — postpone the dishwasher or EV charging if you can.
- Dishwasher cost in Meløy: running it at the cheapest hour costs about € 0.03; at peak it's € 0.14 — over a year that's significant savings.
- EV charging in Meløy: a 50 kWh charge during the cheapest hour costs around € 1.23.
- Typical monthly bill in Meløy: a household using 5 000 kWh/year pays about € 21 this month at current wholesale prices (€ 0.0129 /kWh 30-day average).
FAQ — Meløy
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 Meløy is 04:00 CEST at € 0.0246 /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 Meløy the most expensive hour is 4.1× 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: 2026-05-04 (CEST).