German households pay highest power prices in Europe

Private German consumers pay the highest power prices in Europe, strom-report.de reports, alongside Denmark – formerly the country with the highest consumer electricity bills. With an average price of 30.5 cents per kilowatt hour (kWh), Germans pay about 50 percent more than the European average of 20.4 cts/kWh, and the same as Danish power customers, according to figures from Eurostat. Taxes and levies account for 67 percent of Danish electricity bills, compared to 55 percent in Germany. Bulgaria has the cheapest power prices for private customers, at 9.4 cts/kWh – about a third of the German price. But electricity is also significantly cheaper in Germany’s neighbouring countries of France, at 16.9 cts/kWh, and Austria, at 19.9 cts/kWh. Over the last 10 years, European power prices rose by an average of 37 percent, strom-report.de says.

Find the article in German here.

See the CLEW factsheet What German households pay for power for background.