The average electricity price in 2024 was close to being identical to that of the previous year. This is shown by a calculation from the Danish Electricity Supply Authority.
In 2024, it cost an average of DKK 2.73 per kilowatt-hour, when both taxes and VAT are included. In 2023, it was DKK 2.71. Although electricity prices have generally calmed down, there is still some way down to the level from before corona, points out Brian Friis Helmer, private economist at Arbejdernes Landsbank, in a comment.
- Throughout the 2010s, electricity cost around DKK 2.30 per kilowatt-hour, he writes.
On the other hand, one might be pleased that electricity prices have fallen by around 30 percent on average. from the level during the energy crisis in 2022 in particular.
If you start from an annual consumption of 4000 kilowatt-hours for an average family, it cost almost DKK 11,000 last year. According to the private economist, this corresponds to a saving of DKK 4600 compared to 2022.
- Compared to before corona, electricity cost an average of approximately DKK 1500 more, the comment says.
Fluttered prices
It is part of history that the price of electricity can fluctuate greatly from day to day, and it is often also seen to happen from hour to hour. Examples of this were seen in 2024.
In mid-December, the price of electricity briefly hit almost DKK 11 per kilowatt-hour. This was unusual and a result of the fact that there was virtually no wind blowing.
At the other end of the spectrum, there were a record number of hours last year with an electricity price of below zero kroner. This was shown by a calculation made by the energy company NRGi and the insurance company Gjensidige at the end of December.
In Western Denmark, there had been 371 hours with an electricity price of below zero kroner at that time, which corresponded to an increase of 32 percent from 2023. In Eastern Denmark, there were 275 hours, corresponding to 19 percent more.
/ritzau/
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