Businesses and other non-household consumers in Cyprus paid an average of €0.23 per kilowatt hour for electricity in the first half of 2026. That is €0.05 more than the EU average of €0.18, according to Eurostat data published on Wednesday and reported by CNA.
Cyprus recorded the same price as Italy. The highest price in the EU was in Ireland, at €0.27 per kilowatt hour.
The figures at a glance
- Cyprus: €0.23 per kWh
- Italy: €0.23 per kWh
- Ireland (highest in the EU): €0.27 per kWh
- EU average: €0.18 per kWh
- Finland (lowest in the EU): €0.09 per kWh
Who the figures cover
The data covers non-household consumers, meaning businesses and organisations rather than homes, with annual electricity consumption of 500 to 2,000 megawatt hours.
Prices are measured per kilowatt hour (kWh), the standard unit for electricity use.
EU average falls to €0.18
Across the EU, the average electricity price for non-household consumers was €0.18 per kilowatt hour in the first half of 2026.
According to Eurostat, this was:
- 2% lower than in the second half of 2025
- 5.4% lower than in the first half of 2025
Where electricity is cheapest
The lowest prices were recorded in:
- Finland: €0.09 per kWh
- Sweden: €0.12 per kWh
- Denmark, Spain and Portugal: €0.13 per kWh
Prices fell in 19 countries
Compared with the first half of 2025, electricity prices for non-household consumers fell in 19 EU countries. The largest decreases were in:
- Luxembourg: down 23.8%
- Czechia: down 11.9%
- Greece: down 11.8%
Prices rose in eight countries
Prices increased in eight EU countries. The largest rises were in:
- Sweden: up 18.8%
- Finland: up 18.7%
- Bulgaria: up 14.2%
Finland and Sweden, which recorded the two lowest prices in the EU, also saw the two largest annual increases.
