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Image header Agence Europe
Europe Daily Bulletin No. 13514
Contents Publication in full By article 20 / 26
NEWS BRIEFS / Energy

According to Eurostat, tax hikes increase electricity costs in first half of 2024

29/10/2024 (Agence Europe)On Monday, 28 October, Eurostat indicated that in the first half of 2024, electricity prices for households in the EU rose slightly compared to the second half of 2023—reaching €28.9 per 100 kWh compared to €28.3  [per 100 kWh]—due to the reduction in public subsidies, allowances, and tax cuts for consumers. Compared with the first half of 2023, the share of taxes in electricity bills rose from 18.5% to 24.3% (+5.8 pp), and the share of taxes in gas bills rose from 22.8% to 27.4% (+4.6 pp). In the first half of 2024, electricity prices (including taxes) were highest in Germany, Ireland, and Denmark, while Hungary, Bulgaria, and Malta were at the low end of the scale. See Eurostat’s announcement: https://aeur.eu/f/e2f (PLD)

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