• Home
• Channel: Property
• Household Energy Bills in Hungary Still Lowest in Europe

Household Energy Bills in Hungary Still Lowest in Europe

• 3 Dec 2024 5:36 AM

Household energy prices in Hungary were the lowest in Europe in November, even at purchasing power parity, the government commissioner for the regulated household utilities price system said.

Szilard Nemeth said residents of Budapest paid an average 2.56 eurocent/kWh for their gas, less than in any other European capital included in a survey commissioned by Energie-Control Austria and the Hungarian Energy and Public Utility Regulatory Authority (MEKH).

Households paid 9.31 eurocent/kWh for their electricity in November, up to the average consumption level, and 10.73 eurocent/kWh over that threshold, the second-lowest price after Belgrade, he added.

Nemeth noted that nine in ten households paid the regulated price for gas and eight in ten the regulated price for electricity.

At purchasing power parity, Budapest households paid the lowest gas and electricity prices compared to other European cities, he said.

He added that HUF 880bn had been earmarked in the 2025 budget bill to support regulated utilities prices.

Source: 
MTI - The Hungarian News Agency, founded in 1881.

*********************************

You're very welcome to comment, discuss and enjoy more stories via our Facebook page: 
Facebook.com/XpatLoopNews + via XpatLoop’s groups: Budapest Expats / Expats Hungary

You can subscribe to our newsletter here: XpatLoop.com/Newsletters

Do you want your business to reach tens of thousands of potential high-value expat customers? Then just contact us here.

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• Household Energy Electricity

Explore More Reports

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

• 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.



Updated: Household Solar Energy Scheme Starts in Hungary- State Aid Covers 65%

• 22 Jan 2024 8:50 AM

Applications for the Solar Energy Plus Programme, which provides state subsidies for households installing solar panels and compulsory electricity storage facilities, were accepted from 10 a.m. Monday.



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.