Excise duty on power (high-price contribution)

Power production was subject to an excise duty (often called “high-price contribution”) in 2022 and 2023. 

The excise duty is abolished

On 14 December 2023, the Storting decided to abolish high-price contributions as of 1 October 2023.

Power producers must nevertheless submit the excise tax returns for October and November but can correct reported duties afterwards. The correction can be done by entering 0 (zero) in quantity in the excise tax returns. The Tax Administration will reimburse the duty paid for these two months.  

About this excise duty

In 2022 and 2023, the duty was 23 percent of the price per month in excess of NOK 70 per kWh.

Report and pay

Enterprises that are registered as liable for excise duties must report their excise duties online. You do this in the excise tax return.

 

When you’ve submitted an excise tax return, you’ll receive a response containing payment information.

 

Read more about the introduction of the duty

Legal sources