Norway's Norgespris scheme saves households 19.8B NOK; price hike to 45 øre/kWh proposed

Norway's government reports that the Norgespris fixed-price electricity scheme saved households 19.8 billion kroner in its first year. A proposed increase in the fixed price from 40 to 45 øre/kWh for next year faces opposition from red-green budget partners, leaving the final price uncertain. The outcome will affect household energy costs and the political viability of the scheme.

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