Electricity support scheme

 The Norwegian government introduced a cost predictability scheme for households called "Norway Pric", organized by the state as an alternative to the electricity support scheme. The reference price of the Norway Price scheme is set at NOK 0.4/kWh excluding VAT from 1 October 2025 to 31 December 2026. When the spot price is higher than the reference price, the state covers the difference, and when the spot price is lower than the reference price, households are required to pay the difference to the state. Households can choose between the Norway Price scheme and the electricity price scheme. 

The government introduced the electricity support scheme in 2021 to shield households in response to the high electricity prices that arose in 2021. The Norway Price scheme was later established to provide households with greater security and predictability during a period of more volatile and occasionally very high electricity prices. 

The Norwegian government allocated NOK 11.5 billion (almost EUR 1 billion) in the State Budget for 2026 to the Norway Price scheme and the electricity support scheme for electricity and district heating for households. In the revised National Budget for 2026 the government further allocated an additional NOK 10 billion (almost EUR 1 billion) for these schemes.

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