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EU household electricity prices rose by 2.9 pct in 2014

Xinhua, May 27, 2015 Adjust font size:

Household electricity prices in the European Union (EU) rose by 2.9 percent on average between the second half of 2013 and the second half of 2014 to reach 20.8 euros per 100 kilowatt hour (kWh), the EU's statistical office Eurostat said Wednesday.

Eurostat said since 2008, electricity prices in the EU have increased by more than 30 percent. Across the EU Member States, household electricity prices in the second half of 2014 ranged from 9 euros per 100 kWh in Bulgaria to more than 30 euros per 100 kWh in Denmark.

Household gas prices increased by 2.0 percent on average in the EU between the second halves of 2013 and 2014 to hit 7.2 euros per 100 kWh.

Taxes and levies made up on average in the EU 32 percent of the electricity price charged to households in the second half of 2014, and 23 percent of the gas price.

Across the EU Member States, the highest increase in household electricity prices in national currency between the second half of 2013 and the second half of 2014 was registered by far in France, followed by Luxembourg and Ireland.

In contrast, the most noticeable decrease was observed in Malta, ahead of the Czech Republic and Hungary. Endit