Cyprus Leads EU in Electricity Price Cuts

Cyprus Leads EU in Electricity Price Cuts

New Eurostat Data Reveals a 14.7% Drop in Cypriot Household Energy Costs During the Second Half of 2025, the Largest Decrease in the European Union.

Cyprus Takes the Lead in Electricity Price Reductions for H2 2025

Household electricity prices in Cyprus are on a downward trend, despite a general stabilization of average prices across the EU, according to data released Tuesday by Eurostat. Specifically, Cyprus recorded the largest decrease in the EU at -14.7% during the second half of 2025, followed by France (-12.5%) and Denmark (-11.9%). In contrast, prices plummeted in the opposite direction for other nations, with Romania seeing a staggering +58.6% increase compared to the second half of 2024, followed by Austria (+34.3%) and Ireland (+32.7%).

Purchasing Power and Local Trends Prices in Cyprus, when measured in Purchasing Power Standard (PPS), stood at €30.37 per 100 kWh in the second half of 2025. This marks a steady decline from €32.10 in the first half of the same year and €35.70 in the second half of 2024.

The European Context At the EU level, average household electricity prices remained largely stable, recording a marginal increase to €28.96 per 100 kWh in the second half of 2025, up from €28.79 in the first half of the year. Notably, these levels remain significantly higher than they were prior to the 2022 energy crisis.

According to Eurostat, this slight EU-wide increase is primarily attributed to a rise in taxes and levies. These costs grew both in absolute terms and as a percentage of the final bill, reaching 28.9% (up from 27.9% the previous semester). Essentially, the reduction in pre-tax prices was completely offset by higher taxation.

Highest and Lowest Costs When expressed in PPS, the highest household electricity prices were found in:

  • Romania: €49.52 per 100 kWh
  • Czech Republic: €38.65
  • Poland: €37.15

The lowest PPS prices were recorded in Malta (€14.09), Hungary (€15.10), and Finland (€18.77).

Source: Brief

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