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10 Jan 2019, 13:49
Sören Amelang

German households and industry pay highest power prices in Europe

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Germany has the highest electricity prices in Europe both for households and industry, . German households are the only ones in the EU which paid more than 30 eurocents per kilowatt hour (KWh) in 2017 in the consumption band compared, in contrast to an EU average of slightly below 20 eurocents/KWh. The country’s industrial companies on average pay more than 14 eurocents/KWh, also an EU record, compared to an EU average of slightly over 10 eurocents.
In contrast, gas prices in Germany are slightly below the EU average (see graphs). , energy costs in Germany account for a smaller share than in a number of other EU countries.

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