Hungarian Household Gas, Electricity Prices Among Cheapest In EU
- 22 May 2014 9:00 AM
Government-mandated price cuts have made the cost to Hungarian households of gas and electricity among the lowest in the European Union, fresh data published by Eurostat show. Household gas prices averaged 4.2 euros per 100kWh in the second half of 2013, the second-lowest rate in the EU after Romania. Household electricity prices were 13.3 euros per kWh during the period.
Prices were lower only in Romania and Bulgaria.
The price of gas was down 14.6% and the price of electricity fell 13.8% from the same period a year earlier, calculated in euros.
Hungary’s government cut gas, electricity and district heating prices by a combined 20% last year.
This year, Parliament approved legislation cutting household gas prices by 6.5% from April 1 and electricity prices by 5.7% from Sept. 1.
Source www.hungarymatters.hu
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