In Norway electricity is 0.55 to 0.66Kr per Kwh.
That's around £0:05p.
The Norwegian Gov't thinks that's too high, so it's coming down to 0.40Kr - that's £0:03p.
The average UK Price is 26.3p
https://www.regjeringen.no/en/aktuelt/norgespris-skal-sikre-forutsigbare-og-stabile-strompriser-for-folk/id3090849/