How much do Europeans pay for their electricity? Statistics show that prices are on the rise throughout the continent. In fact, EU domestic customers paid on average 7% more for their energy consumption in July 2006, compared to July 2005.
Inside the then EU-25, citizens from 20 countries witnessed in the same period an increase in electricity prices: only five countries recorded either a stabilization or a decrease. According to Eurostat figures, prices for household consumption of energy in Europe can vary dramatically, and even increase fivefold. Have a look at this graphic:
Composition of electricity prices for domestic consumers on 1 July 2006 (in euro per 100 kWh, for annual consumption of 3 500 kWh) Source Eurostat.
On 1st July 2006, citizens in Bulgaria paid little more than 5 for 100 kWh, while Danish citizens paid almost 25 for the same quantity. In fact, Danish, Dutch and Italian citizens…