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Jan 04, 2019

Hungary’s energy prices are among the lowest in Europe

Budapest had the lowest retail gas prices and the fourth lowest electricity prices among 29 countries researched at the end of last year

Hungary’s energy prices are among the lowest in Europe, it has been revealed.

According to a survey of 29 European countries conducted by the Hungarian Energy and Public Utility Regulatory Authority (MEKH), Budapest had the lowest retail gas prices and the fourth lowest electricity prices among the 29 countries at the end of last year.

Citing Household gas prices in the Hungarian capital, they averaged 0.0317 euros per kWh, while the average retail price for electricity was 0.1161 euros per kWh.

Gas prices were highest in Stockholm, Sweden at 0.2401 euros, while Copenhagen in Denmark had the highest electricity prices at 0.3230 euros per kWh. Electricity was cheapest in Belgrade, Serbia at 0.0722 euros.