Greece electricity costs burden households significantly

A new report by the European Union Agency for the Cooperation of Energy Regulators (ACER) reveals that Greek households spend a significant portion of their income on electricity compared to the rest of Europe. Between 2019 and 2025, electricity prices for Greek households increased by 88% in nominal terms and 46% in real terms after adjusting for inflation.

On average, electricity expenditure accounts for 3.9% of the average household income in Greece, placing the country among the EU members where energy costs place the heaviest burden on family budgets. Greece is one of only four EU-27 nations where the electricity burden relative to median income increased between 2019 and 2025, while most other countries saw a decrease.

The report also highlights a significant gap between wholesale and retail electricity prices. In Greece, this discrepancy was 64 euros/MWh last year, the third highest in Europe following Ireland and Italy. Additionally, there is a notable trend toward fixed-price electricity contracts in the Greek market, with the share of residential customers using fixed tariffs rising from approximately 14.7% in January 2025 to over 31% by June 2026.