Electricity prices for households in Portugal H1 2010-H2 2023
Since the first half of 2010, household electricity prices in Portugal have seen an overall increase. In the second half of 2023, households consuming between 1,000 and 2,5000 kWh paid 24.47 euros per kilowatt-hour (kWh). Households using between 2,500 and 5,000 kWh, however, paid 22.99 euros per kWh. Over the observed period, households with an annual consumption of 2,500 kWh to 5,000 kWh tended to pay less for their electricity compared to those with a consumption of between 1,000 kWh and 2,500 kWh.
International comparisons
Portuguese households pay some of the highest prices for electricity across Europe. In addition to paying some of the highest prices in Europe, electricity prices in Portugal are higher than in many countries worldwide. In 2020, prices were almost twice as high as the average price paid in U.S. American households. One reason for the high prices in Portugal is the high tax burden. Approximately half of the price of electricity is tax related.
