Budapest Households Pay Lowest Energy Prices in EU

  • 23 Sep 2021 7:01 AM
  • Hungary Matters
Budapest Households Pay Lowest Energy Prices in EU
Households in Budapest paid the lowest energy prices among capitals of the European Union in August, the Hungarian Energy and Public Utility Regulatory Authority (HEA) said on Wednesday.

Hungarians paid 10.63 euro cents for 1 kWh of electricity in August, the lowest price in the EU and only outdone by Serbia (8.11 cents/kWh) among the cities surveyed.

Electricity was the most expensive in Copenhagen, Berlin and London, with 33.82 cents, 33.55 cents and 27.81 cents, respectively, the survey said.

Household gas prices were at 2.87 cents for one kWh in Budapest in August, the cheapest among the capitals surveyed, HEA said.

Gas was the most expensive in Stockholm (22.33 cents), Copenhagen (12.38 cents) and Amsterdam (10.99 cents).

For its monthly survey, HEA used data harvested by the Finnish VaasaETT, comparing 27 capitals of the EU along with Belgrade and London.


MTI Photo: Lajos Soós

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Matters

Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

Explore More Reports

  • Households in Hungary Enjoy Cheapest Energy in Europe

    Households in Hungary Enjoy Cheapest Energy in Europe

    • 29 Oct 2024 4:38 PM

    Hungarian households had the cheapest access to electricity and gas in the first half of 2024, according to Eurostat’s latest aggregate data. Hungarians have been paying the lowest prices for the two most important energy sources for a long time thanks to the cuts in the electricity and gas bills, writes Magyar Nemzet.

  • Official: Retail Price of Electricity & Gas is Lower In Hungary Than All EU Members

    Official: Retail Price of Electricity & Gas is Lower In Hungary Than All EU Members

    • 10 Jul 2024 12:07 PM

    Some 104,000 families have saved over a combined 10 billion forints (EUR 25.4m) on their gas bills since April, when the government introduced “a more predictable” system of public utility invoicing, the energy ministry quoted Szilárd Németh, the government commissioner in charge of the public utility cuts programme, as saying on Tuesday.

  • Budapest Still Has the Lowest Household Energy Prices in EU

    Budapest Still Has the Lowest Household Energy Prices in EU

    • 8 Jan 2024 2:43 PM

    Maintaining its long-standing position, Budapest again came out on top in December in a comparison of EU capitals of where electricity and gas are cheapest for households. However, including capitals in non-EU countries, households in Kyiv, Ukraine had to pay less than Budapest for electricity and gas, Világgazdaság reports.