Electricity prices per kilowatt hour in Bulgaria lowest out of 24 EU states – Eurostat

Written by on August 7, 2018 in Bulgaria - Comments Off on Electricity prices per kilowatt hour in Bulgaria lowest out of 24 EU states – Eurostat

The price for electricity per kilowatt hour paid by households in Bulgaria in 2017 was the lowest among 24 of the member states of the European Union, EU statistics agency Eurostat said on August 7.

The statistics agency noted that four of the 28 EU member states had not provided data – Germany, Spain, Italy and Cyprus.

Among the 24 member states that were able to provide the data, the price for electricity per kilowatt hour paid by households varied between 10 cent (Bulgaria) and 28 cent (Belgium). In the vast majority of the countries, the price was between 10 and 20 cent per kilowatt hour, Eurostat said.

“The prices for electricity and gas in the EU can vary according to a range of supply and demand conditions, including the geopolitical situation, the national energy mix, network costs and weather conditions,” the agency said.

The price per kilowatt hour of household gas is generally lower than the price of household electricity and in 2017 ranged from three cent (Romania) to 12 cent (Sweden). In most of the 21 member states that were able to provide the data, the price was below eight cent per kilowatt hour.

This is the first time that Eurostat is publishing prices for electricity and natural gas that are fully comparable across countries.

“With the new data requested in Regulation (EU) 2016/1952, Eurostat is now able to calculate the weighted average price reflecting total household consumption.”

In the past, Eurostat used to publish the prices of a single band of consumption for electricity and for gas but they were not the most representative bands in all the countries, the agency said.

(Photo: John Mason/freeimages.com)

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