Economy

Homeowners receive at least NOK 2,950 extra to pay the electricity bill

The government will give at least NOK 2,950 to those who receive housing support to help them cover high electricity bills. It will cost the state NOK 274 million.

Those who are more than one in the household receive NOK 120 per person extra.

The one-time payment will probably come before Easter, but must be approved by the Storting first.

It is those who receive housing support in February that we receive the extra support, which is administered by the Housing Bank.It is about 90,000 households.

“The purpose of increased housing support is to ease the situation for households who have a difficult everyday life, not to capture the exact extra expenses for each individual,” a government statement said.

Ministers from all four government parties were present when the measure was announced.

The average electricity price was NOK 48.6 per kilowatt hour in 2018, which is 41 per cent more than the year before and the highest level recorded in the statistics, according to Statistics Norway (Statistics Norway).

If you take grid rent and taxes, the average price was NOK 114.9 per kilowatt hour in 2018. That is 19 per cent higher than in 2017 and also the highest level recorded on Statistics Norway’s statistics ever.

We must return to 2010 and 2011 to find electricity prices near this level.

At that time, an additional payment was also made to those who receive housing benefit.

Residential housing is a need-tested scheme to help those who are struggling to pay rent or mortgages.

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