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In most European cities, energy prices constituted the main share of the residential end-user electricity price in May 2026. Energy price shares are among the highest in the capital cities of Cyprus, Malta, and Greece, which are largely reliant on energy imports. Copenhagen, Stockholm, and Brussels account for the largest energy taxes in the region. 

Household electricity prices around the world

Italy and Germany have some of the highest electricity prices in the world. Heavily reliant on natural gas imports, these two countries were profoundly stricken by the 2022 energy crisis. Overall, Western Europe is the most expensive region for household power purchases, while many large energy-producing countries such as Russia and Saudi Arabia offer their residents the cheapest average rates.

Heating gas prices in European cities

In terms of residential use gas prices in Europe, Stockholm was the most expensive city in January 2025. Inhabitants of Sweden's capital paid for gas over 8* percent more than consumers in Amsterdam, in the Netherlands, which ranked second. Imports dominate Sweden's gas supply.