Danish electricity prices rise after record-expensive October, Digi Mart USA News (Denmark): Danish electricity consumers face higher costs after October became the most expensive month for electricity on record. Prices continued to rise at the start of November, according to the Danish publication BT, citing data from elberegner.dk.
The average price per kilowatt-hour rose again on Friday to 2.74 kroner in West Denmark and 2.86 kroner in East Denmark, including tariffs and taxes. Consumers were not expected to find low prices in the coming day.
Electricity will be especially expensive during two periods. From 3 p.m.
to 9 p.m., prices are marked red on elberegner.dk’s bar chart, a color used when prices are particularly high. Prices peak between 5 p.m.
and 6 p.m., when a kilowatt-hour reaches 3.68 kroner in East Denmark and 3.35 kroner in West Denmark.
Electricity also becomes unusually expensive during the morning hours, while midday prices remain on the high side, particularly in East Denmark. The figures cover wholesale electricity prices plus tariffs and taxes.
Consumers must also pay their electricity supplier, so final prices will be somewhat higher. The exact amount depends on the customer’s supplier and pricing agreement.
