Natural gas price composition for domestic customers in Italy monthly 2022-2023
In Italy, the overall cost of natural gas was approximately 98 euro cents per cubic meter in December 2023. The price of the raw material made up over 50 percent of the total natural gas expenditure of an average Italian domestic consumer. The cost of natural gas peaked in December 2022, when it reached 135 euro cents per cubic meter. Both taxes and transportation and gas meter management costs increased towards the end of 2023. Until April 2023, system charges were reduced by the Italian government and contributed to make the total natural gas price less burdensome for domestic consumers.