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> 20% increase in electricity bills for the town's residents

> residents are now faced with paying several hundred dollars more per year for electricity

> The company estimates bills could rise by up to $300 monthly

This doesn’t seem right, electricity in Norway is generally cheap, how can 20% raise cause hundreds of dollars difference for residential customers? Also I’d be totally willing to pay 20% more if that meant removing some annoying noise in my area.

Edit: maybe instead of dollars they meant Norwegian Krone? 10 NOK = 1 USD, that would make more sense




I’m trying to find the source of the $300 claim. Mostly it’s appearing on Bitcoin websites, which say it’s an estimate from Noranett.

At least one Bitcoin site is reporting the figure as $300 per year.

The Noranett press release announcing the 20% increase does not put a dollar (or krone) amount on it.




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