EU non-household electricity prices extend decline in first half of 2026
Average electricity prices for non-household consumers in the EU continue to fall in the first half of 2026, reaching €0.18 per kilowatt-hour for users with annual consumption between 500 megawatt-hours and 2,000 megawatt-hours. The reading is 2.0% lower than in the second half of 2025 and 5.4% below the level recorded in the first half of 2025, pointing to a broader easing in business energy costs across much of the bloc.
Highlights
- Eurostat reports 19 EU countries register lower non-household electricity prices in the first half of 2026 versus 2025, signaling broad regional easing.
- Luxembourg sees the steepest price drop, down 23.8%, followed by Czechia at 11.9% and Greece at 11.8% for non-household consumers using 500–2,000 MWh annually.
- Ireland records the highest average price at €0.27 per kWh, while Sweden, Finland, and Bulgaria post notable year-on-year increases up to 18.8%.
Eurostat data shows broad price easing
As reported by Eurostat, 19 EU countries register a decline in non-household electricity prices in the first half of 2026 compared with the same period of 2025, underscoring a wider downward trend across the region.The steepest drops are in Luxembourg, where prices fall 23.8%, followed by Czechia at 11.9% and Greece at 11.8%. The figures cover average prices for non-household consumers with annual electricity use between 500 MWh and 2,000 MWh.
Country gaps highlight uneven market impact
Ireland records the highest non-household electricity price in the EU in the first half of 2026 at €0.27 per kWh, ahead of Cyprus and Italy, both at €0.23. At the lower end, Finland posts €0.09 per kWh, while Sweden stands at €0.12 and Denmark, Spain and Portugal each record €0.13.Despite the overall decline, eight EU countries report price increases from a year earlier. The largest rises are in Sweden, up 18.8%, Finland, up 18.7%, and Bulgaria, up 14.2%, showing that business power costs remain uneven across national markets.
In our earlier article on Mario Draghi’s warning about restrictive monetary policy, we explained how keeping interest rates above growth for too long can worsen debt dynamics and still risk higher inflation if pressure for “fiscal dominance” builds. We also noted his argument that central banks should prioritise inflation control while avoiding unnecessary damage to investment and productivity, alongside EU-level measures such as deeper market integration and targeted industrial support.
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