Electricity prices in Europe vary greatly from country to country. In Northern Europe, cities such as Oslo, Helsinki and Stockholm have the most affordable electricity, thanks to abundant renewable energy sources, strong grid infrastructure and stable energy policies. In these cities, electricity prices are low in absolute terms and even more favorable when adjusted for purchasing power.
Berlin, on the other hand, is among the most expensive cities due to high grid charges, investments in renewable energy and Germany’s shift away from coal and nuclear power and towards imported natural gas. However, Prague was the city where electricity prices burdened household budgets the most. Although similar to Dublin in absolute terms, Prague is the most expensive city in Europe in terms of purchasing power-adjusted costs.
Low wages and high taxes in the Czech Republic exacerbate the impact of electricity bills on the population. While the effects of the energy crisis have had different consequences in different countries, energy policies and infrastructure investments continue to be the most important factors directly determining the energy costs of cities.