Figures released by the European Union’s Statistics Agency Eurostat show that during the first six months of the year, Malta had the third lowest prices of electricity among all member states of the European Union, based on the index known as Purchasing Power Standards.
The European Union statistics show that the average price of electricity in the European Union went up to 21.9 euro per 100 kWh.
Eurostat figures show that during the first six months of the year, electricity prices increased in 16 member states of the European Union when compared to the same period last year. the highest increases were registered in Slovenia (+15%), Poland (+8%), and Romania (+7%).
The biggest reduction was observed in Holland with 10%, followed by Cyprus with 7% and Lithuania with 6%. Eurostat said this reduction was spurred mainly by a tax reduction on the price of electricity, with an increase in refunds.
Eurostat further stated that on average, electricity tariffs for European households for the first six months of the year were 10 euro for every 100 kWh in Hungary, 10.2 euro in Bulgaria and 12.8 euro for every kWh in Malta.
The highest tariffs were registered in Germany with 31.9 euro, Denmark with 29 euro, Belgium with 27 euro and Ireland with 25.6 euro for every 100 kWh.