According to the Electricity Price Comparison Bulletin, released by the Energy Services Regulatory Authority (ERSE), based on data from the European Union Statistics Office (Eurostat), Spain presented, during the first six months of the year, average prices of electricity 5% and 13% above Portuguese prices, for the domestic segment and for the non-domestic segment, respectively.
In the first half of the year, Portugal recorded a 15% increase in electricity prices in the domestic segment, compared to the same half of the previous year, "which is essentially due to the fact that CIEG [costs of general economic interest] returned to recording values positive values, after the negative values of previous semesters", pointed out ERSE.
In turn, in Spain there was a reduction in the price of electricity compared to the same semester, by 16%, as well as in the Euro Area and the European Union, 13%, in both cases. Still, the average price in Portugal remains below the average prices in Spain, the European Union and the eurozone.
In the domestic sector, the average price in Portugal was 0.2539 euros per kilowatt-hour (kWh), while in Spain it was 0.2657 euros per kWh.
The average in EU countries was 0.3010 euros per kWh (+19% than in Portugal) and the euro area average was 0.3195 euros per kWh (+26% than in Portugal).
With regard to the non-domestic sector, Portugal recorded an average of 0.1332 euros per kWh, Spain 0.1501 (+13%), EU 0.1970 (+48%) and eurozone 0.2033 (+53% ).
In the EU context, until the end of June, average electricity prices for the domestic segment recorded the lowest values in Hungary, Bulgaria, Malta and Croatia, while Germany, Ireland, Denmark and Czechia had the highest average electricity prices.
For the non-domestic consumer segment, Finland, Sweden, Denmark and Bulgaria had the lowest average electricity prices in that period, while Ireland, Cyprus, Germany and Croatia recorded the highest average prices.
How many KWH can average Portuguese household afford in comparison to other EU countries?
By Robert from Beiras on 29 Oct 2024, 16:38