According to Eurostat, the European Union’s statistical service, from June to December 2024, the average electricity price for household consumption in the European bloc, including taxes and fees, was recorded at 28.72 euros per 100 kWh. This figure compares to 28.32 euros during the same period the previous year and 28.89 euros in the first half of 2024.
These price levels remain significantly higher than the averages recorded before the 2022 energy crisis.
Among EU member states, Portugal experienced the most significant increase in electricity prices for households in the second half of 2024, rising by 14.2%, followed by Finland at 13.6% and France at 12.9%.
Conversely, Latvia (-17.8%), the Netherlands (-14.3%), and Belgium (-12.3%) saw the most notable reductions in domestic electricity prices.
Germany reported the highest electricity prices for household consumption, at 39.43 euros per 100 kWh, followed by Denmark at 37.63 euros and Ireland at 36.99 euros.
In Portugal, which ranks 10th on the list, the price was 26.26 euros during the reference period, compared to 23 euros in the same semester of the previous year and 24.26 euros per 100 kWh in the first six months of 2024.
The lowest prices were found in Hungary (10.32 euros), Bulgaria (12.17 euros), and Malta (13.01 euros).
In terms of purchasing power parities, Portuguese consumers pay 31.9 euros per 100 kWh, with the highest rates witnessed in the Czech Republic (41 euros), Germany (35.53 euros), and Poland (34.67 euros).
