Hungary electricity prices

The residential electricity price in Hungary is HUF 38.950 per kWh or USD 0.108. The electricity price for businesses is HUF 57.960 kWh or USD 0.161. These retail prices were collected in December 2023 and include the cost of power, distribution and transmission, and all taxes and fees. Compare Hungary with 150 other countries.

Historical quarterly data, along with the latest update from June 2024 are available for download.
Sources: ELMŰ-ÉMÁSZ Energiaszolgáltató, Magyar Energetikai És Közmű-Szabályozási Hivatal (MEKH), Regionális Energiagazdasági Kutatóközpont (REKK)
Electricity price analysis for Hungary

  • Residential electricity prices in Hungary are 70.90% of the world average electricity price and 47.03% of the average price in Europe.


  • Business electricity rates in Hungary are 106.68% of the world average price and 79.40% of the average in Europe.


  • Household rates are 67.20% of the business rates.


  • Electricity prices paid by small businesses in Hungary are 129.57% of the prices paid by big businesses.


  • The price paid by households with low electricity consumption is 64.57% of the price paid by households with high electricity consumption.


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