Irish households are paying €900 more every year for their electricity than the European average – with electricity prices in Dublin up to five times more expensive than the cheapest European city.
Dublin and London are the most expensive cities for household customers in Europe, followed by Prague, Riga and Berlin, the July report from the Household Energy Price Index for Europe found.
The index compares prices in Euro cent per kilowatt hour for capital cities across Europe. Dublin is currently the most expensive of 32 capitals at 47.12 cent per kwh while Lisbon is almost half that.
The index’s authors said the numbers showed that “depending on where a customer lives in Europe, the electricity price can vary by a ratio of almost 5. If we include Kyiv, the price varies by a ratio of over 11.”
“Dublin and London are the most expensive cities for household customers in Europe, followed by Prague, Riga and Berlin. Kyiv appears to have the least expensive electricity price, followed by Belgrade, Budapest and Podgorica.”
The data suggests that average Irish households are paying €900 more a year than the EU average, according to Daragh Cassidy of price comparison site Bonkers.ie, the Irish Independent reports.
Energie-Control Austria, the Hungarian Energy and Public Utility Regulatory Authority (MEKH) and VaasaETT collaborate to publish the results of a study of residential
electricity and gas prices covering 33 European countries.
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