Hungary electricity prices

Hungary
Electricity prices
 Residential price 0.109
 Business price 0.162
 Measure USD / kWh
 Reference September 2023
 Data availability March 2019 - March 2024
 Data frequency Quarterly
Hungary, September 2023: The price of electricity for households is HUF 38.950 per kWh or USD 0.109 per kWh. The electricity price for businesses is HUF 57.960 kWh or USD 0.162 per kWh. This includes all components of the electricity bill such as the cost of power, distribution and taxes. For comparison, the average price of electricity in the world for that period is USD 0.155 per kWh for households and USD 0.151 per kWh for businesses.

We calculate several data points at various levels of electricity consumption for both households and businesses but on the chart we show only two data points. For households, the displayed number is calculated at the average annual level of household electricity consumption. For businesses, the displayed data point uses 1,000,000 kWh annual consumption.

The latest business and household electricity price data from March 2024 are available for download.
Electricity prices for households, September 2023
(kWh, U.S. Dollar)
0.002
0.003
0.006
0.006
0.006
0.008
0.013
0.014
0.015
0.015
0.016
0.018
0.021
0.022
0.023
0.026
0.026
0.028
0.029
0.029
0.032
0.040
0.043
0.046
0.047
0.047
0.048
0.048
0.050
0.051
0.052
0.052
0.054
0.056
0.059
0.060
0.064
0.064
0.067
0.067
0.069
0.074
0.075
0.076
0.076
0.077
0.080
0.082
0.087
0.089
0.090
0.090
0.093
0.094
0.096
0.096
0.100
0.105
0.109
0.112
0.113
0.114
0.116
0.117
0.117
0.119
0.120
0.121
0.122
0.124
0.125
0.127
0.131
0.132
0.133
0.137
0.140
0.142
0.145
0.145
0.150
0.151
0.154
0.155
0.156
0.162
0.162
0.166
0.170
0.171
0.172
0.173
0.175
0.178
0.178
0.179
0.180
0.183
0.185
0.191
0.193
0.194
0.198
0.202
0.202
0.203
0.204
0.206
0.208
0.208
0.212
0.215
0.215
0.216
0.217
0.218
0.222
0.232
0.234
0.236
0.237
0.241
0.248
0.254
0.255
0.265
0.279
0.279
0.283
0.296
0.310
0.310
0.310
0.329
0.335
0.345
0.347
0.353
0.366
0.399
0.401
0.421
0.432
0.441
0.448
0.453
0.459
0.534
0
0.1
0.3
0.4
0.53
Sources: ELMŰ-ÉMÁSZ Group, Energy Regulatory Office of Hungary, Regional Centre for Energy Policy Research (REKK)
Hungary: Electricity price analytics
   Values
 Residential / World average price    70.88 %
 Residential / Europe average    45.82 %
 Business / World average price    106.93 %
 Business / Europe average    78.27 %
 Residential / Business price    67.20 %
 Low / High income households    64.57 %
 Small / Large businesses    129.57 %
Updated quarterly. Methodological notes
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