This is how the government will change the electricity subsidy – news Norway – Overview of news from different parts of the country

Only details remain before the government can present changes to the electricity subsidy. The changes are scheduled to be presented later this week. news has spoken to a number of sources with insight into the government’s work. Here are the most important conclusions: The system is being changed: Today, consumers are compensated on the basis of a monthly average price. Now there will be compensation hour by hour. A maximum price for electricity will not be introduced. The government also does not propose to change the elements of the support scheme. Today, support is given when the electricity price exceeds 70 øre per kilowatt hour, 90 per cent in the winter months and 80 per cent the rest of the year. VAT is added. The scheme for companies is being strengthened, so that more people will be able to receive support. But the main move with fixed price agreements to give the companies more predictability is fixed. Costs money The reason why the support scheme itself is changed to a system with hourly support is a desire for households to be paid for the electricity they actually consume. The purpose is for people to come out of the scheme better financially, according to news’s ​​information. An argument against changing in this way has been that it could take up to six months to get such an arrangement in place. news is not familiar with the financial framework in the package that will soon be presented, but it is clear that more money will be put into the electricity subsidy. Around NOK 50 billion has been set aside for electricity support in 2023, but the need will probably initially be less as the price of electricity has fallen sharply since last autumn. However, new measures in the scheme will quickly trigger expenses in the billions range for the state. Companies Both the opposition in Parliament and several LO leaders have advocated a maximum price for electricity, for example 70 øre. But Prime Minister Jonas Gahr Støre (Ap) has repeatedly rejected this, above all because, according to him, it takes away the incentive to save electricity and can lead to a lack of power. There will also be changes in business support. Many companies have been frustrated that in the fixed price contracts they have been offered, they have had to buy electricity at a fixed price also for times of the day when they do not need electricity. From what news understands, there will now be some changes to this system.



ttn-69