Electricity and natural gas prices are rising in EU countries.

The average amount paid for 100 kilowatt-hours of electricity in residential areas in European Union (EU) countries in the first half of this year has risen to 28.9 euros.

The European Statistical Office (Eurostat) published data on electricity and natural gas prices consumed in residential areas in EU member countries for the first half of 2024. According to the data, the amount paid for 100 kilowatt-hours of electricity in EU countries in the first half of 2023 was 28.3 euros, while this figure increased to 28.9 euros in the first half of 2024.

THE MOST EXPENSIVE IS GERMANY, THE CHEAPEST IS HUNGARY

The countries with the highest electricity prices among member states are Germany at 39.5 euros, Ireland at 37.4 euros, Denmark at 37.1 euros, Czechia at 33.8 euros, Belgium at 33.5 euros, and Italy at 32.7 euros. The EU countries with the lowest electricity prices are Hungary at 10.9 euros, Bulgaria at 11.9 euros, and Malta at 12.6 euros.

NATURAL GAS ALSO EXPERIENCED PRICE INCREASES

The average price paid for every 100 kilowatt-hours of natural gas used in residential areas in EU countries in the first half of this year was calculated to be 11 euros. This price was 11.9 euros in the same period last year. Among EU countries, the highest payment for natural gas consumed in residential areas during this period was made in Sweden at 17.6 euros per 100 kilowatt-hours, followed by the Netherlands at 16.3 euros, Austria at 13.8 euros, and Ireland at 12.7 euros. During this period, the lowest price for 100 kilowatt-hours of natural gas among EU member countries was found in Hungary at 2.8 euros, Croatia at 4.5 euros, and Romania at 5.8 euros.