{"id":429154,"date":"2026-05-07T01:02:35","date_gmt":"2026-05-07T01:02:35","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/429154\/"},"modified":"2026-05-07T01:02:35","modified_gmt":"2026-05-07T01:02:35","slug":"ireland-has-most-expensive-electricity-prices-in-europe","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/429154\/","title":{"rendered":"Ireland has most expensive electricity prices in Europe"},"content":{"rendered":"<p>Ireland has the highest household electricity prices in the European Union, latest figures from Eurostat show.<\/p>\n<p>According to the figures from the EU&#8217;s statistical agency &#8211; which cover the second half of last year &#8211; electricity in Ireland cost 40.42 cent per kilowatt-hour (including VAT and levies), which was nearly 40% above the EU average of 28.96 cent.<\/p>\n<p>As a result, the average household in Ireland is paying around \u20ac480 a year more for its electricity compared to the EU average.<\/p>\n<p>The figures show Irish electricity prices jumped by 32.7% between July and December 2025, when compared with the same period in 2024.<\/p>\n<p alt=\"Ireland has most expensive electricity prices in EU - Eurostat\" class=\"tpe\" data-description=\"\" data-embed=\"rte-player\" data-id=\"22609259\" data-ot-category=\"C0004\" data-title=\"\" id=\"22609259\">We need your consent to load this rte-player contentWe use rte-player to manage extra content that can set cookies on your device and collect data about your activity. Please review their details and accept them to load the content.<a class=\"blocked-button\" href=\"https:\/\/www.rte.ie\/news\/business\/2026\/0506\/1571946-ireland-electricity-prices\/javascript:void(0);\" onclick=\"OneTrust.ToggleInfoDisplay()\" rel=\"nofollow noopener\" target=\"_blank\">Manage Preferences<\/a><\/p>\n<p>After Ireland, Germany (38.69 cent per kilowatt-hour) and Belgium (34.99 cent per kilowatt-hour) had the next highest prices.<\/p>\n<p>Hungary had the cheapest electricity prices in the EU (10.82 cent per kilowatt-hour).<\/p>\n<p>The figures come after <a href=\"https:\/\/www.rte.ie\/news\/business\/2026\/0501\/1571309-energy-prices\/\" rel=\"nofollow noopener\" target=\"_blank\">PrepayPower last week became the first energy provider here to hike its prices since the Iran war started.<\/a><\/p>\n<p>The company is to increase its electricity prices by 8.8% and its gas prices by 10.6% for customers from the beginning of next month, with increases from other energy providers also expected.<\/p>\n<p>Commenting on the Eurostat figures, Daragh Cassidy from comparison site bonkers.ie said the reasons we pay so much more are complex.<\/p>\n<p>&#8220;We&#8217;ve a relatively small and dispersed population with a lot of one-off housing, so the costs for the upkeep of our electricity network are very high on a per capita basis,&#8221; Mr Cassidy said.<\/p>\n<p>&#8220;The rapid growth of the population and the increase in the number of data centres operating here in recent years also hasn&#8217;t helped. This is putting pressure on the grid. And in recent years we&#8217;ve had to procure high-cost, emergency gas generation to plug the gap between electricity demand and supply,&#8221; he added.<\/p>\n<p>Sinn F\u00e9in MEP Lynn Boylan pointed to network costs &#8220;driving the increases in bills, and we know that data centres are driving the need for grid upgrades&#8221;.<\/p>\n<p>&#8220;Meanwhile, households pay ten times as much as data centres for those grid upgrades,&#8221; she noted.<\/p>\n<p>&#8220;Fianna F\u00e1il and Fine Gael are hell bent on giving data centres whatever they want even if that means driving up the cost of electricity for households,&#8221; Ms Boylan said.<\/p>\n","protected":false},"excerpt":{"rendered":"Ireland has the highest household electricity prices in the European Union, latest figures from Eurostat show. According to&hellip;\n","protected":false},"author":2,"featured_media":429155,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,85,46],"class_list":["post-429154","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/429154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=429154"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/429154\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/429155"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=429154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=429154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=429154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}