Electricity tariffs in Spain third highest in Europe

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SHOCKING! Spain is ranked second in Europe for electricity cost increases over the last decade. CREDIT: Shutterstock


SPAIN is one of the most expensive countries in Europe for electricity, according to Eurostat figures.

The data puts Spain as having the third highest electricity tariffs in absolute terms. Only Ireland and Belgium have higher power prices, while Spain is considerably more expensive than the Ukraine, which has the cheapest electricity.

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What’s more, Spain is ranked second in Europe for electricity cost increases over the last decade.

The tariff for a kilowatt per hour has gone up by an average of some 70 per cent since 2008 from €0.1123 to €0.1889. There was a particularly steep rise in power charges between 2008 and 2012.


 




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