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, the statistical office of the European Union, on Thursday.
On average, the increase to €21.6 per 100 kilowatt-hour (kWh) is similar to the overall inflation rate over the same period, Eurostat’s data showed.
Across the EU Member States, household electricity prices in the second half of 2019 ranged from €10 per 100 kWh in Bulgaria to around €30 per 100 kWh in Denmark, Belgium and Germany.
"Household gas prices increased by 1.7% on average in the EU between the second semester of 2018 and 2019, about 0.4 percentage points more than the overall inflation rate (HICP) over the same period, to €7.2 per 100 kWh," the data shows.
Nevertheless, this is still €0.3 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 per 100 kWh in Romania, Hungary and Latvia to around €9-10 per 100 kWh in Italy, the Netherlands and Spain and almost €12 per 100 kWh in Sweden.
- Taxes for electricity and gas
According to the Eurostat, 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.
It underlined that household energy price data are reported by National Statistical Institutes, Ministries, Energy Agencies, or in case of monopolies, by single companies.
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.
€1 equals to US$1.08
By Gulsen Cagatay