Electricity

Electricity prices in Balkans: highest in Montenegro, lowest in Kosovo*

electricity prices households energy crisis 2022

Photo: moker sun from Pixabay

Published

October 25, 2022

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Published:

October 25, 2022

Country:

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Comments:

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In the Western Balkans, Kosovo* had the cheapest electricity for households in the first half of the year while the price was the highest in Montenegro, according to Montenegrin statistical agency Monstat. The prices include the value-added tax and other levies.

The average price of electricity in Kosovo* was 6.5 eurocents per kilowatt-hour, compared to 9.7 eurocents in Montenegro. The average price in the European Union at the same time was 23.5 eurocents, led by Denmark (34.4 eurocents). Hungary reported the lowest cost, 9.4 eurocents.

In the region tracked by Balkan Green Energy News, Greece ranks high in European terms together with Cyprus and Romania. Croatia, Slovenia and Bulgaria are close to the bottom of the list.

electricity prices households western balkans 2022

According to Monstat, the average price of 9.7 eurocents in Montenegro refers to the annual consumption of 5,000 to 15,000 kilowatt-hours (kWh). Most households in the country – 56.6 percent, are in the group. For the category between 2,500 kWh and 5,000 kWh, the cost was slightly lower – 9.6 percent. It accounted for 23.5 percent of households.

Electricity for consumption below 1,000 kWh was the most expensive – 16.1 eurocents. Only 2.2 percent of households were in the category, Monstat said.

electricity prices households eu 2022

* 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.
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