Cypriot households show the biggest hike in domestic electricity prices among EU countries

Cypriot households show the biggest hike in domestic electricity prices among EU countries
Cypriot households show the biggest price increase in the EU in their electricity prices, in the second half of 2017, with the price of electricity going up by 12.6% at that time, according to Eurostat, followed by Romania with a 7.2% hike, Malta with 7.1%, Estonia with 6.5% and the UK with 5.3%.

The price of electricity in Cyprus, including all taxes and levies - such as VAT and the renewable energy tariff - which represented around €4 to €4.50 per 100 kWh, stood at €18.30 per 100 kWh.

During the same period, there was an average decrease of -0.2% of household electricity prices in the EU, to stand at €20.5 per 100 kWh, placing Cyprus a little under the average.

Bulgaria had the lower electricity prices in the second half of 2017, with less than €10 per 100 kWh, while the biggest prices were recorded in Denmark and Germany with more than €30 per 100 kWh.

In Greece prices stood at €16.20 per 100 kWh, of which 33% were taxes and levies./IBNA

Share with your friends: