Electricity prices for households in Italy 2010-2020, semi-annually

Electricity prices for households in Italy saw an overall increase during this period, rising from 19.65 euro cents per kilowatt-hour in 2010 to 22.26 euro cents in the first half of 2020. Costs peaked at 24.5 euro cents per kilowatt-hour in 2014.

High electricity prices

The price average customers in Italy paid for electricity saw a lot of variation per quarter between 2014 and 2019. Despite seeing a decrease of approximately eight percent in the second quarter of 2018, the following quarters saw consecutive increases, with prices rising by almost eight percent at the end of the year. As of 2018, Italy paid some of the highest prices for electricity in the world.

Pricing factors

Factors such as the fuel used to generate energy plays a role in the prices paid for electricity. The country is mainly reliant on natural gas for its energy mix and it made up 41 percent of the total in 2018. Despite a reliance on gas, Italy produces very little natural gas itself and is dependent on imports. In fact, Italy is the second largest natural gas importer in Europe. The main natural gas exporters to Italy are Russia and Algeria.