Non-household electricity prices in the European Union fell to an average of EUR 0.18 per kWh in the first half of 2026, down 5.4% on the first half of 2025. Eurostat published the figures on 4 November 2026. The EU electricity prices for business users covered here are for consumers using 500 to 2,000 MWh a year, and the average is 2.0% lower than in the second half of 2025.

Nineteen countries down, eight up
Prices fell in 19 EU countries and rose in 8 compared with a year earlier. Luxembourg recorded the largest decrease at 23.8%, ahead of Czechia at 11.9% and Greece at 11.8%. The largest increases were in Sweden at 18.8%, Finland at 18.7% and Bulgaria at 14.2%.

The spread between countries
Ireland had the highest price at EUR 0.27 per kWh, followed by Cyprus and Italy at EUR 0.23 each. Finland was cheapest at EUR 0.09, then Sweden at EUR 0.12, and Denmark, Spain and Portugal at EUR 0.13 each. The gap between Ireland and Finland is EUR 0.18 per kWh, which equals the entire EU average (ENB calculation, 0.27 minus 0.09).
The ranking contains a contrast. Finland and Sweden are the two cheapest of the countries named, yet they posted the two largest increases of the year. From a low base, a rise of almost 19% still leaves them far below the average, but the direction differs from the 19 countries where prices fell. Eurostat’s news item does not give the reasons for any national change, so causes are not covered here.
What the figures cannot show
The data describe prices for one consumption band. A manufacturer using far more than 2,000 MWh, or a small firm using less than 500 MWh, faces a different price. The news item also does not say how the EU average is weighted across countries.
The figures come from the Eurostat dataset nrg_pc_205, and the full news item is on the Eurostat website. For earlier coverage of power markets, see the smart grid section of ENB. The next dated check is the Eurostat release for the second half of 2026, which will show whether the fall of 2.0% from the previous half-year continues.

