Industrial electricity prices
How much does a business’s electricity bill depend on where it operates? In the first half of 2026, this electricity price benchmark was nearly three times higher in Ireland than in Finland.
Key figures
- Ireland: 26.7 euro cents/kWh
- Italy: 22.5
- Germany: 20.6
- France: 15.7
- Spain: 13.4
- Finland: 9.3
What it means for a business
For a business consuming 1,000 MWh annually, applying these prices implies an electricity bill of approximately €267,000 in Ireland versus €93,000 in Finland.
That is roughly €174,000 a year in difference—for the same consumption.
For electricity-intensive businesses, energy prices can materially influence margins, investment decisions and location choices.
About the data
The map compares non-household customers consuming 500–1,999 MWh annually. Prices include supply, networks and non-recoverable taxes; VAT and recoverable taxes are excluded. These are consumption-band averages, not individual contract quotes.
January–June 2026 data where available. Germany and Malta are provisional; grey indicates unavailable data.
The figures from the chart
| Country | Price¢/kWh |
|---|---|
| Ireland | 26.7 |
| Cyprus | 23.1 |
| Italy | 22.5 |
| Hungary | 21.8 |
| Poland | 20.7 |
| Germany* | 20.6 |
| Netherlands | 20.3 |
| Slovakia | 19.4 |
| Austria | 19.2 |
| Belgium | 19.0 |
| Romania | 18.5 |
| Lithuania | 17.6 |
| Greece | 17.0 |
| Czechia | 16.7 |
| Croatia | 16.1 |
| France | 15.7 |
| Serbia | 15.3 |
| Moldova | 15.0 |
| Slovenia | 14.6 |
| Bulgaria | 14.5 |
| Estonia | 14.0 |
| Latvia | 13.7 |
| Malta* | 13.6 |
| Luxembourg | 13.5 |
| Spain | 13.4 |
| Portugal | 12.7 |
| Bosnia & Herz. | 11.9 |
| Sweden | 11.8 |
| Norway | 11.7 |
| Finland | 9.3 |
| Montenegro | 8.9 |
| Türkiye | 6.9 |
* Provisional.
Prices include supply, networks and non-recoverable taxes; VAT and recoverable taxes are excluded.
Countries in this post
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How much weight should electricity prices carry when choosing where to invest?