Electricity prices for non-household consumers in Cyprus reached an average of €0.23 per kilowatt-hour in the first half of 2026, placing the country among the most expensive in the European Union, according to figures published by Eurostat on Wednesday.
Cyprus recorded the same average price as Italy, while Ireland had the highest rate in the EU at €0.27 per kWh.
The figures cover non-household consumers with annual electricity consumption between 500 and 2,000 megawatt-hours.
EU average electricity price falls
Across the EU, the average electricity price for non-household consumers stood at €0.18 per kWh during the first half of 2026.
This represented a 2% decrease compared with the second half of 2025 and a 5.4% decline compared with the first half of 2025.
The lowest prices were recorded in Finland, at €0.09 per kWh, followed by Sweden at €0.12. Denmark, Spain and Portugal each recorded an average of €0.13 per kWh.
Prices fell in 19 EU countries
Compared with the first half of 2025, electricity prices for non-household consumers decreased in 19 EU member states.
The largest reductions were recorded in Luxembourg, where prices fell by 23.8%, followed by Czechia with an 11.9% decrease and Greece with an 11.8% decline.
In contrast, prices increased in eight EU countries. The sharpest rises were recorded in Sweden, at 18.8%, Finland, at 18.7%, and Bulgaria, at 14.2%.
Also read: GSI expected to reduce electricity costs by €138m annually
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