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.
Electricity prices for households in Portugal from 1st half 2010 to 2nd half 2023
(in euro cents per kilowatt-hour)
Characteristic
1,000-2,500 kWh
2,500-5,000 kWh
H2 2023
24.47
22.99
H1 2023
22.64
20.71
H2 2022
24.61
22.22
H1 2022
24.29
21.99
H2 2021
23.76
21.7
H1 2021
22.94
20.89
H2 2020
23.66
21.33
H1 2020
23.4
21.2
H2 2019
24.16
21.81
H1 2019
23.75
21.5
H2 2018
25.23
22.93
H1 2018
24.7
22.46
H2 2017
24.38
22.3
H1 2017
25.03
22.84
H2 2016
24.96
22.98
H1 2016
25.56
23.5
H2 2015
24.81
22.85
H1 2015
24.71
22.79
H2 2014
24.2
22.31
H1 2014
23.75
21.75
H2 2013
23.46
21.31
H1 2013
23.04
20.81
H2 2012
22.8
20.63
H1 2012
22.38
19.93
H2 2011
21.14
18.81
H1 2011
18.62
16.54
H2 2010
18.66
16.66
H1 2010
17.98
15.84
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Prices including all taxes, levies, and VAT. Band-DB (Small): annual consumption between 1,000 and 2,500 kWh Band-DC (Medium): annual consumption between 2,500 and 5,000 kWh.
The published data are national average prices over a period over six months. Semester 1 prices are average prices between 1st January and 30th June of each year, semester 2 prices are average prices between 1st July and 31st December of each year.
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Eurostat. (April 25, 2024). Electricity prices for households in Portugal from 1st half 2010 to 2nd half 2023 (in euro cents per kilowatt-hour) [Graph]. In Statista. Retrieved October 10, 2024, from https://www.statista.com/statistics/418111/electricity-prices-for-households-in-portugal/
Eurostat. "Electricity prices for households in Portugal from 1st half 2010 to 2nd half 2023 (in euro cents per kilowatt-hour) ." Chart. April 25, 2024. Statista. Accessed October 10, 2024. https://www.statista.com/statistics/418111/electricity-prices-for-households-in-portugal/
Eurostat. (2024). Electricity prices for households in Portugal from 1st half 2010 to 2nd half 2023 (in euro cents per kilowatt-hour) . Statista. Statista Inc.. Accessed: October 10, 2024. https://www.statista.com/statistics/418111/electricity-prices-for-households-in-portugal/
Eurostat. "Electricity Prices for Households in Portugal from 1st Half 2010 to 2nd Half 2023 (in Euro Cents per Kilowatt-hour) ." Statista, Statista Inc., 25 Apr 2024, https://www.statista.com/statistics/418111/electricity-prices-for-households-in-portugal/
Eurostat, Electricity prices for households in Portugal from 1st half 2010 to 2nd half 2023 (in euro cents per kilowatt-hour) Statista, https://www.statista.com/statistics/418111/electricity-prices-for-households-in-portugal/ (last visited October 10, 2024)
Electricity prices for households in Portugal from 1st half 2010 to 2nd half 2023 (in euro cents per kilowatt-hour) [Graph], Eurostat, April 25, 2024. [Online]. Available: https://www.statista.com/statistics/418111/electricity-prices-for-households-in-portugal/