Welcome to our tracker on consumer energy prices in Europe, sourced from the latest Eurostat data covering the first half of 2024. On this page, we focus on Electricity Prices for Households, providing key insights and trends.
Electricity Prices for Households
The average electricity price for household consumers in the EU stood at €0.289 per kWh (all taxes and levies included) in the first half of 2024, according to the latest Eurostat data. This is a slight increase from €0.283 in the second half of 2023. As shown in the chart below, prices are still at historically high levels when seen over the past two decades.
If we look at electricity prices excluding all taxes and levies, the price for EU consumers fell to €0.219 per kWh in the first half of 2024, down from €0.223 in the second half of 2023.
Household consumers in Germany, Ireland and Denmark faced the highest electricity prices in the first half of 2024. In Germany, a medium-sized household with an annual consumption between 2,500 kWh and 5,000 kWh saw an average price of €0.40 per kWh. Note that the charts and tables below include all European countries for which Eurostat publishes data.
A more detailed breakdown of electricity prices for different household consumption groups shows that while Germany has the highest prices for medium-sized household consumers, Cyprus has the highest prices for the smallest consumer groups (annual consumption of less than 1000 kWh). The Netherlands have the highest prices for the largest consumer group (above 15000 kWh in annual consumption).
The largest increases (including taxes) from the first half of 2024 compared to the first half of 2023 occurred in Ireland, France and Portugal. The Netherlands, Lichtenstein and Moldoba saw the largest decreases.
The chart below provides a more detailed view of electricity prices over time at country-level from 2007 to 2024. Note that not all countries have data for the full period covered by Eurostat data:
There is significant variation in the impact of taxes and levies on electricity prices for consumers. The highest share of taxes and levies on the final retail price was observed in Poland, Denmark and Sweden in the first half of 2024.
Price levels differ greatly between European countries. The following visualization display electricity prices measured in Eurostat’s purchasing power standard (PPS). The PPS is calculated so that one unit of PPS buys the same amount of goods and services in each country, adjusting for differences in price levels.
When electricity prices are measured in PPS, the highest prices for household consumers in the first half of 2024 were observed in Czechia, Cyprus and Germany.
About the data
The data presented on this page is based on Eurostat’s electricity price statistics for households. Data is published twice annually by Eurostat.
Note that the article shows data for all countries Eurostat publishes data for, including non-EU member countries, to give the broadest possible picture of price developments in European countries.
Changelog
- October 2024: Updated with Eurostat data for first half of 2024.
- April 2024: Updated with Eurostat data for second half 2023.
- October 2023: Updated with Eurostat data for first half 2023.
- April 2023: Updated with Eurostat data for second half 2022.
- December 2022: First release with Eurostat data for first half 2022.