Household electricity prices in Cyprus are among the ten most expensive in the EU, Eurostat data shows.
In the first half of 2018, Cypriots paid EUR 0.1893 euro per a kWh of electricity, including EUR 0.448 in taxes and levies – ranking it tenth in the 28-member bloc.
The highest electricity prices were paid in Denmark at EUR 0.3216 per kWh, with more than half (0.1636) being taxes and levies.
By comparison, the cheapest electricity was enjoyed in Bulgaria at EUR 0.0979 per kWh.
The EU-28 average price of electricity consumption by households — was EUR 0.2049 per kWh.
In the first half of 2018, average household electricity prices in the European Union were stable compared with the first half of 2017, standing at EUR 20 per 100 kWh.
Average gas prices in the EU were also stable and stood at EUR 6 per 100 kWh in the first half of 2018.
Taxes and levies accounted for more than a third (37%) of the electricity bills charged to households in the EU in H1 2018. For gas bills the corresponding share was 27 %.
Between the first half of 2017 and the first half of 2018, the largest decreases in household electricity prices, were observed in Poland (-4.3%) and Greece (-3.6 %), followed by Latvia (-3.5 %), Malta and Germany (both -3.2 %).
The largest increases were registered in Romania (+14.1 %), ahead of Estonia (+11.7%), the Netherlands and Croatia (both +9.2 %).
Average household electricity prices were lowest in Bulgaria (EUR 9.8 per 100 kWh), Lithuania (EUR 11.0) and Hungary (EUR 11.2).
The highest were in Denmark (EUR 31.3), Germany (EUR 29.5) and Belgium (EUR 27.3).
Between the first half of 2017 and the first half of 2018, the largest decreases in household gas prices, in national currencies, were observed in Estonia (-4.3%), Portugal (-1.8 %) and Luxembourg (-1.7 %).
The biggest increase was registered in Bulgaria (+14.9 %), ahead of Lithuania (+9.3 %), and the Netherlands (+6.8 %).
Average household gas prices in the first half of 2018 were lowest in Romania (EUR 3.2 per 100 kWh), Hungary (EUR 3.6) and Croatia (EUR 3.7).
They were highest in Sweden (EUR 11.3), Denmark (EUR 9.0) and the Netherlands (EUR 8.2).
