Maltese consumers pay 40% less for electricity than EU average in 2017

In the first half of 2017, Maltese consumers paid roughly 40% less for their electricity than the European Union average. When adjusted to eliminate “general price differences” between countries, Maltese prices were approximately 25% lower than the average.

According to a Eurostat survey, Maltese consumers paid €12.8 for every 100kWh consumed, with the European average standing at €20.4.

Maltese consumers paid roughly 40% less for their electricity when compared to the EU average

This means that the cost of lighting a 10-watt light bulb for three hours a day in the first half of 2017 was on average €1.02 in EU, while in Malta, consumers paid €0.64. Bulgarian consumers paid the lowest price for their electricity consumption (€9.6/100kWh), while the highest prices were paid in Denmark (€30.5).

Taxes and levies on average amounted to 37% of the cost of electricity in EU member states, while in Malta they amounted to 5%, the lowest in the EU.

The highest proportion of tax paid per electricity bill was registered in Denmark where for every €1 paid for electricity, tax amounted to €0.67.