Electricity

Electricity prices: Ireland leads Europe, Serbia tops Western Balkan ranking

europe western balkans eurostat electricity prices households 2025 ppc

Photo: iStock

Published

May 8, 2026

Country

Comments

comments icon

0

Share

Published:

May 8, 2026

Country:

Comments:

comments icon

0

Share

Ireland reported the highest average price of electricity for households in Europe for the second half of 2025 – 40.4 eurocents per kWh, while the lowest price was observed in Bulgaria – 13.5 eurocents. The price in Serbia of 11.9 eurocents was the highest in the Western Balkans, according to Eurostat data.

When purchasing power standards (PPS) are included, the highest average price of electricity for households in Europe in the second half of 2025 was recorded in Romania (almost 50), and the lowest in Malta (14). The price in North Macedonia – 22.9 was the highest in the Western Balkans.

Eurostat’s regular semi-annual analysis presents two types of electricity prices: average prices per 100 kilowatt-hours (kWh) and average prices per 100 kWh expressed in purchasing power standards (PPS). The latter, used by Eurostat, accounts for the relationship between nominal prices and the actual purchasing power of citizens. Balkan Green Energy News calculated prices in eurocents per kWh.

The analysis covers all European Union countries and their closest neighbours.

In the second half of 2025, average electricity prices for households in the EU remained largely stable, with a slight increase to 28.96 eurocents, from the first half’s 28.79 eurocents, according to Eurostat.

These price levels remain well above levels from before the 2022 energy crisis which was below 25 eurocents, the EU’s statistical agency added.

Serbia holds first place in the Western Balkans

europe western balkans eurostat electricity prices households 2025
Infographic: Balkan Green Energy News/Gemini

Ireland had the highest electricity price, 40.4 eurocents, followed by Germany (38.69) and Belgium (34.99). By contrast, the lowest prices were observed in Hungary (10.82), Malta (12.82) and Bulgaria (13.55).

In the Western Balkans, Serbia recorded the highest electricity prices at 11.9 eurocents, while the lowest rates were found in Kosovo*, 8.6 eurocents. Prices in the rest of the region ranged from 11.6 eurocents in North Macedonia to 9.9 eurocents in Montenegro and 9.6 eurocents in Bosnia and Herzegovina. Data for Albania are unavailable.

The price in Slovenia was 21.2 eurocents, compared to 16.5 eurocents in Croatia.

North Macedonia is more expensive than Serbia when adjusted for PPS

Adjusted for PPS, electricity was the most expensive in Romania (49.5), the Czech Republic (38.6), and Poland (37.1). The lowest rates were recorded in Malta (14), Hungary (15.1), and Finland (18.7).

In the Western Balkans, North Macedonia ranks first at 22.9. It is followed by Serbia (19.3), Montenegro (17.7), and BiH (16.3). Data for Kosovo* and Albania were unavailable.

For comparison, prices in Slovenia and Croatia stood at 24.2 and 23.2, respectively.

* This designation is without prejudice to positions on status and is in line with UNSCR 1244/99 and the ICJ Opinion on the Kosovo declaration of independence.
Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

croatia cropex koer ante mikulic ceo

CROPEX CEO leaves power exchange to join aggregator KOER

08 May 2026 - A similar move – transitioning from a high-ranking position in the public sector to a private company – recently took place in Slovenia as well

electricity meter ppc energie romania zero cost

PPC Energie rolls out Romania’s first zero-cost electricity scheme

08 May 2026 - Power supplier PPC Energie has launched a pilot project offering free electricity during certain hours of the day to customers with smart meters

europe western balkans eurostat electricity prices households 2025 ppc

Electricity prices: Ireland leads Europe, Serbia tops Western Balkan ranking

08 May 2026 - Ireland reported the highest average price of electricity for households in Europe in the second half of 2025 - 40.4 eurocents

Rumen Radev Minister of Energy Iva Petrova Bulgaria

Rumen Radev’s cabinet including Minister of Energy Iva Petrova takes office in Bulgaria

08 May 2026 - Prime Minister Rumen Radev's cabinet took office today. New Minister of Energy Iva Petrova comes from the position of deputy minister.