Within the Union, Hungarian electricity and gas tariffs are still the lowest - Világgazdaság wrote about this. Analyzing January's European utilities tariffs, the paper also writes: the difference between Hungarian and European prices has decreased, but at the EU level, Hungarian utilities are still the lowest. The reason for this is that domestic tariffs are fixed, while in other European countries they more or less follow market price movements.

In the European Union, Hungarians still pay the least for electricity and gas - according to Világgazdaság, based on an international price comparison study by the Hungarian Energy and Utilities Regulatory Office.

The price of Budapest, which is in the most favorable position in the EU comparison, was 9 eurocents, or less than HUF 40, only non-EU Kiev was lower, 4 eurocents, the article reads. The EU and European average is more than three times higher than the domestic average, but it is already in the fourth best place on the EU list

In Zagreb, households are billed one and a half times the Budapest tariff.

Natural gas was once again the lowest in the EU in Budapest: 2.47 euro cents per kilowatt hour. And for Europe as a whole, the Kiev one is 2.10 euro cents. The analysis highlights that

In Stockholm, the capital of Sweden, for example, gas is 12 times more expensive per unit than in Budapest.

With the EU gas price cap that entered into force on Wednesday , Brussels would prevent the gas price from skyrocketing, as it did last August. The price ceiling maximizes the price of gas at 180 euros per megawatt hour, which has been costing a fraction of this on the Dutch gas exchange for months. According to analysts, the measure could therefore easily backfire. and may bring a price increase. It tells traders that member states are willing to pay up to 180 euros for gas. Like other energy sanctions, Hungary did not support the introduction of the gas price cap either.

The full article from Hirado.hu can be read here

Image: Screenshot