Luxembourg: Non-household electricity prices in the European Union averaged €0.18 per kWh in the first half of 2026, according to Eurostat figures published on 4 November 2026. That is 2.0% below the second half of 2025 and 5.4% below the first half of 2025, which continues the downward trend of the previous year.

The spread between member states in non-household electricity prices remains wide. The Eurostat news article puts Ireland at the top with €0.27 per kWh, ahead of Cyprus and Italy at €0.23 each. Finland recorded the lowest price at €0.09, followed by Sweden at €0.12, and Denmark, Spain and Portugal at €0.13 each.

Most countries saw relief on a yearly basis. Nineteen member states registered a decrease in non-household electricity prices between the first half of 2025 and the first half of 2026, led by Luxembourg at -23.8%, Czechia at -11.9% and Greece at -11.8%. Eurostat measures these changes in national currencies.

Eight countries moved the other way. Sweden recorded the largest increase at +18.8%, Finland followed at +18.7% and Bulgaria at +14.2%. The Nordic rises are notable because Finland and Sweden still sit among the cheapest markets in absolute terms.

The non-household electricity prices data cover consumers with an annual consumption between 500 MWh and 2,000 MWh, which captures mid-sized businesses rather than households or the largest industrial users. Readers should keep that band in mind before they compare the figures with household tariffs or with prices that include other taxes.

Gas followed a similar pattern. In a second article published the same day, Eurostat reported an average non-household gas price of €0.06 per kWh in the first half of 2026, up 1.8% on the previous half-year but down 6.7% on a year earlier. Sweden had the highest price at €0.11, and Bulgaria and Belgium the lowest at €0.04.

Taxes explain part of the gas picture. Eurostat states that “tax levels within the overall prices amounted to 16.4% in the first half of 2025 and 15.9% in the second half of 2025 before increasing to 17.5% in the first half of 2026.” Twenty-four of the 25 countries with available data reported lower gas prices, with Belgium and France both at -13.1%, Lithuania at -12.5% and Hungary at -11.6%.

The numbers matter for competitiveness. Cheaper energy lowers costs for factories, shops and offices, and the Commission keeps pointing to energy bills when it discusses industrial policy. Non-household electricity prices are still higher in Ireland, Cyprus and Italy than in the Nordic markets, so the gap between locations remains a real factor in investment decisions.

Analysts will watch the next half-yearly release to see whether the falls continue. If non-household electricity prices keep easing, businesses gain breathing room, but the Nordic increases show that the trend is not uniform across the bloc.