Energy prices in Poland among the highest in EU - Eurostat

The average electricity price for households in Poland in H1 amounted to €14.6 per 100 kWh and grew by 6.9 percent y/y, while the EU average stood at €20.4 (0.5 percent y/y decrease), according to a report by EU's statistics office Eurostat. However, in purchasing power standard terms the price amounted to 25.9 PPS and was among the highest in the block, behind only Germany (28.7) and Portugal (28.6). The lowest household electricity prices were found in Finland (12.8 PPS). The share of taxes and levies in total household electricity prices in Poland was at 24 percent, while EU average was at 37 percent. When it comes to gas prices, the average price for households in the EU was at €5.8 per 100kWh, while in Poland it was at €4.2. The share of taxes and levies was at 19 percent in Poland compared to 26 percent for the whole block. Adjusted for purchasing power, gas prices in Poland were at 7.4 PPS, while in EU they stood at 5.8 PPS. The highest gas prices were in Portugal (9.7), Sweden (9.5), and Czechia (8.4), while the lowest household gas price was recorded in Luxembourg (3.5 PPS per 100 kWh), ahead of the United Kingdom (4.3) and Belgium (4.7).