EU: Household electricity prices increased in 2019

8. May 2020. / SEE Energy News

Household electricity prices in 27 member states of the European Union increased by 1.3 % between the second half of 2018 and the second half of 2019, according to data published by Eurostat. On average, the increase to 21.6 euros per 100 kWh is similar to the overall inflation rate over the same period. Across the EU member states, household electricity prices in the second half of 2019 ranged from 10 euros per 100 kWh in Bulgaria to around 30 euros per 100 kWh in Denmark, Belgium and Germany.

Household gas prices increased by 1.7 % on average in the EU between the second half of 2018 and 2019, about 0.4 % more than the overall inflation rate) over the same period, to 7.2 euros per 100 kWh. Nevertheless, this is still 0.3 euros per 100 kWh lower than in the second half of 2013, which saw the peak of gas prices in the last ten years.

Among the member states, household gas prices in the second half of 2019 ranged from below 4 euros per 100 kWh in Romania, Hungary and Latvia to around 9-10 euros per 100 kWh in Italy, the Netherlands and Spain and almost 12 euros per 100 kWh in Sweden.

Taxes and levies in the EU made up 41 % of the electricity price paid by households in the second half of 2019, and 31 % of the gas price.

Electricity prices refer to prices for a household with an annual consumption of between 2,500 and 5,000 kWh, and include taxes. Gas prices refer to prices for a household with an annual consumption of between 5,555 and 55,555 kWh of gas and include taxes.

 

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