Electricity prices in Kosovo are the cheapest in the Region and Europe
According to the Statistics Office of the European Commission (Eurostat), Kosovo convincingly had the cheapest electricity prices in Europe for the year 2022, when the last annual measurements were made.
Average prices for average consumer spending are 6 cents per kilowatt/hour which is nearly 25 percent cheaper than the second cheapest, which is Serbia at 7 cents per kilowatt/hour. Albania, Bosnia and Herzegovina, and Montenegro have prices from 8 cents per kilowatt/hour or more than 35 percent more expensive than in Kosovo. North Macedonia is even more expensive, marking a price of 10 cents per kilowatt/hour, which is nearly 70 percent more expensive than Kosovo.
Only medium-sized consumers with an annual consumption of 2500 kWh to 4999 kWh are included in these measurements.
All EU countries have prices at least twice as high as Kosovo. The most populous EU country, Germany, has a price of 28 cents per kilowatt/hour or 4.75 times more than Kosovo.
Meanwhile, Denmark, Belgium, and Italy are the three European Union countries that continue to pay the highest price for electricity, based on Eurostat data for the second half of 2022. As for the Region, the highest prices Romania, Greece, and Croatia have the highest rates of electricity for domestic consumers.
According to Eurostat, in Denmark, 1 kilowatt/hour of electricity costs on average 47 cents, in Belgium 42 cents, while in Italy the price reaches 33 cents.
In Kosovo, the price per kilowatt/hour is 6 cents, which is almost five times lower than in Romania, where 1 kilowatt/hour costs 29 cents.