Electricity in Eastern Europe is 2 times cheaper

Electricity in Eastern Europe is 2 times cheaper

Electricity prices in Eastern Europe are still 2 times lower than in the developed countries of Western Europe and Scandinavia. Bulgarians pay for energy the least (€8.8 per 100 kWh), and the Danes pay the most (€29.4 per 100 kWh). During the second half of 2013, the largest price increase was recorded in Estonia (+22%), writes ee24.com citing Eurostat.

Consumers in Bulgaria, Romania, Hungary, Croatia, Poland, Czech Republic and the Baltic countries pay less than €15 per 100 kWh. In average in the EU electricity costs €20.1 per 100 kWh - by 2.8% more than in the second half of 2012. Consumers in two countries pay more than €25 per 100 kWh (in Germany (€29.2) and Denmark (€29.4)).

The largest price increase was recorded in Estonia (+22%), Greece ( +20%) and Romania (+17%). Electricity in Cyprus (-15%), Hungary (-14%) and Spain (-9%), by contrast, fell in price.

Compared with Russian consumers, Europeans still pay more for electricity. For example, in Moscow residents pay €9.7 per 100 kWh, in St. Petersburg - €7.3 per 100 kWh.