Electricity prices vary across CEE

Today, we focus on electricity prices for both households and non-households, as Eurostat released new data this week for the second half of 2024. In euros, Hungary offers the lowest electricity price in the EU for households (DC band - 2,500 kWh to 4,999 kWh) at approximately 10 cents per kWh. Bulgaria follows as the next cheapest, with other CEE members Croatia, Slovakia, and Romania also reporting low prices. On the other hand, the most expensive electricity for households in the CEE region is found in Czechia, at around 33 cents per kWh. When recalculated into purchasing power standard (PPS), Czech household electricity is the most expensive in the EU, with a significant gap. Another interesting observation is the positioning of Hungary, Croatia, and Slovakia in the scatterplot's upper-left quadrant. This indicates that, despite relatively low household electricity prices, non-household consumers in these countries face substantially higher costs, due to the favorable price caps for households.