When the ETS was introduced, the average household electricity price was about 12 eurocents per kWh. Today it is 29 eurocents per kWh, i.e., over 100% more.
Social PolicyEuropean Union
- Omissions
- The 2005 data is not clearly documented at exactly 12 eurocents; Eurostat statistics suggest somewhat higher levels (13-15 eurocents) for that period
- The price of 29 eurocents/kWh corresponds to the 2023 peak, not to 2026 data; in the second half of 2024 the price was 28.72 eurocents/kWh
- Electricity prices include multiple components (generation, distribution, taxes), not just the cost of the ETS system
- The source used is primarily statistical (Eurostat/Statista), not a direct primary source from Eurostat for the 2005 data
- It is omitted that electricity prices fluctuate semiannually and that the exact comparison period significantly affects the calculated percentage