⚡️ Electricity prices 🇳🇴 Ringerike NO1 ⚡️
Live wholesale day-ahead prices for Ringerike, served from the NO1 bidding zone.
Ringerike buys its electricity from the European day-ahead market via the NO1 zone. Over the last 30 days the average price was € 0.1231 /kWh.
Tomorrow's day-ahead prices: not yet published — the next-day auction is delayed.
Price comparison — Ringerike
| Period | Average | vs today |
|---|---|---|
| Today | — | — |
| Yesterday | — | — |
| Last 7 days | 1.370 kr /kWh | — |
| Last 30 days | 1.343 kr /kWh | — |
| Current month | — | — |
| Previous month | 1.321 kr /kWh | — |
| Same month last year | 0.557 kr /kWh | — |
Today's hourly prices — Ringerike
No hourly data published yet for today. Day-ahead prices appear around ${publishTime}.
Last 31 days — Ringerike
12-month price history — Ringerike
| Month | Average | NOK/MWh |
|---|---|---|
| 2026-09 | — /kWh | — |
| 2026-08 | 1.321 kr /kWh | 1,321.18 kr |
| 2026-07 | 1.073 kr /kWh | 1,072.71 kr |
| 2026-06 | 0.822 kr /kWh | 822.20 kr |
| 2026-05 | 1.075 kr /kWh | 1,074.57 kr |
| 2026-04 | 1.093 kr /kWh | 1,093.46 kr |
| 2026-03 | 1.151 kr /kWh | 1,150.89 kr |
| 2026-02 | 1.204 kr /kWh | 1,204.18 kr |
| 2026-01 | 1.194 kr /kWh | 1,193.61 kr |
| 2025-12 | 0.753 kr /kWh | 752.94 kr |
| 2025-11 | 0.860 kr /kWh | 859.91 kr |
| 2025-10 | 0.551 kr /kWh | 550.90 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.
FAQ — Ringerike
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?
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 — running large appliances during the cheapest window every day adds up over a year.
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: 2026-09-02 (CEST).