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Irish Households Paying Double The European Average Price For Electricity

Stock image: Pexels

It compares the price of energy in the capital cities of 32 European countries and Britain

Households in this country are paying almost €1,000 more every year for their electricity than the European average.

New figures indicate electricity prices here are the highest in Europe, €900 a year more compared with the EU average.

Bills here are 80pc higher than the European Union average, according to the Household Energy Price Index.

The index is commissioned by the Austrian energy regulator and the Hungarian energy regulator.

It compares the price of energy in the capital cities of 32 European countries and Britain, which is not in the EU.

Dublin and London are the most expensive cities for household customers in Europe, followed by Prague, Riga and Berlin,a press release issued with the index said.

The Household Energy Price Index shows that the cost in this country of a unit of electricity is 47.12c per kilowatt hour (kWh), when taxes are included.

This is almost twice the European Union average of 26.34c.

Calculations based on the index figures by Daragh Cassidy of price comparison site Bonkers.ie indicate that this means average Irish households are paying €900 more a year than the EU average.

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