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Facts & Statistics

Hungarian citizens paid the lowest energy prices in Europe in December

The average price of electricity paid by Hungarian residential consumers in December was 10.46 euro cents per kilowatt hour (kWh), according to MEKH on Friday.

As MTI reported, the average price of natural gas in Budapest was the lowest in December 2021 in a comparison of 26 European capitals, while Hungarian households paid the second-lowest price for electricity according to an international price comparison by the Hungarian Energy and Public Utility Regulatory Office (MEKH). 

The average price of electricity paid by Hungarian consumers was 10.46 euro cents per kilowatt hour (kWh) in December, according to MEKH. It was only cheaper in Belgrade with a price of 8.11 euro cents. Copenhagen was the most expensive, with 39.82 euro cents per kWh, while citizens of Vienna had to pay 29.29 euro cents per kWh.

In Budapest, the average residential price of natural gas was 2.83 euro cents in December 2021, the cheapest among the capitals surveyed. Stockholm was the most expensive, with an average price of 23.45 euro cents, according to the survey.

Hungarian consumers are protected against market price increases, MEKH said in a statement.

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