Comparing Electricity Prices for Household Consumers in Europe

Household electricity prices decreased in 13 EU countries and increased in the rest of the countries in the second half of 2023 compared with the second half of 2022. For non-household consumers the prices during the second semester 2023, decreased in 17 countries, resulting in a -4.6% drop in the EU. Price decreases resulted from market dynamics, but were partly offset by reducing or removing consumer alleviation measures at national level.

In national currency, the largest increase (+86%) was reported in the Netherlands. Large increases in national currency were also registered in Czechia (+83%), Poland (+35%) and Germany (+20%).

Large decreases in national currency were registered in Denmark (-39%), Spain (-30%) and Sweden (-20%).

Expressed in euro, average household electricity prices in the second half of 2023 were lowest in Hungary (€11.3 per 100 kWh), Bulgaria (€11.9) and Malta (€12.8) and highest in Germany (€40.2), Ireland (€37.9) and Belgium (€37.8).