Malta with third largest increase in electricity prices in EU, but seventh cheapest overall

Facebook
Facebook
RSS
Follow by Email
Google+
http://maltawinds.com/2018/05/31/malta-with-third-largest-increase-in-electricity-prices-in-eu-but-seventh-cheapest-overall/

Malta had the third largest increase in electricity prices at 7.1% between 2016 and 2017 but was seventh cheapest in the EU where prices are concerned at around EUR 14 per kwH

Household electricity prices in the European Union (EU) slightly decreased (-0.2%) on average, between the second half of 2016 and the second half of 2017, to stand at €20.5 per 100 kWh. Across the EU Member States, household electricity prices in the second half of 2017 ranged from below €10 per 100 kWh in Bulgaria to more than €30 per 100 kWh in Denmark and Germany.

Household gas prices fell by 0.5% on average in the EU between the second halves of 2016 and 2017 to stand at €6.3 per 100 kWh. Among Member States, household gas prices in the second half of 2017 ranged from around €3 per 100 kWh in Romania to almost €9 per 100 kWh in Denmark and more than €11 per 100 kWh in Sweden.

Taxes and levies in the EU made up on average over a third (40%) of the electricity price charged to households in the second half of 2017, and about a quarter (27%) of the gas price.

Highest increase in electricity prices in Cyprus, largest fall in Italy

Across the EU Member States, the highest increase in household electricity prices in national currency between the second half of 2016 and the second half of 2017 was registered in Cyprus (+12.6%), followed by Romania (+7.2%), Malta (+7.1%), Estonia (+6.5%), the United Kingdom (+5.3%), Bulgaria and Belgium (both +4.8%) and Poland (+4.5%). In contrast, the most noticeable decreases were observed in Italy (-11.1%), Croatia (-7.5%), Slovakia (-6.2%) and Greece (-6.0%).

Expressed in euro, average household electricity prices in the second half of 2017 were lowest in Bulgaria (€9.8 per 100 kWh), Lithuania (€11.1) and Hungary (€11.3) and highest in Germany (€30.5), Denmark (€30.1) and Belgium (€28.8). The average electricity price in the EU was €20.5 per 100 kWh.

Leave a Reply