Why does my electricity invoice show a different price than the spot market?

Your tenant electricity invoice typically shows a higher total than the raw spot price because it includes several additional cost components. Understanding these helps you verify that billing is correct.

Components of an electricity invoice

Energiledd (Energy component) — the spot price per kWh from ENTSO-E for your price zone. This varies hourly and is the base cost of the electricity itself.
Effektledd (Power/capacity charge) — based on your peak power usage (kW) during the billing period. This is a grid operator charge for the capacity you draw, not the energy consumed.
Nettleie (Grid rental/network fee) — a per-kWh charge from the grid operator for transporting electricity. Set as network_fee_per_kwh in your price configuration.
Fixed monthly fee — a flat charge per meter per month from your grid operator. Set as fixed_monthly_fee in your price model.
ENOVA levy — a percentage-based surcharge (typically 1 øre/kWh) added to support energy efficiency programs. Configured as a percentage line in the price model.
VAT (MVA) — 25% in Norway, applied to the subtotal of all components above.

Example breakdown for a tenant using 5,000 kWh in NO1

Spot price average: 85 øre/kWh → 4,250 NOK
Grid rental: 25 øre/kWh → 1,250 NOK
Power charge: 150 NOK/kW × 20 kW peak → 3,000 NOK
Fixed fee: 250 NOK
Subtotal: 8,750 NOK
VAT 25%: 2,187.50 NOK
Total: 10,937.50 NOK

Where to configure: Billing → Price Models → edit or create a price model with the correct unit lines for your grid operator and contract. Each line has a source_type (consumption, power_peak, fixed, or percentage) and a default_price.