Industrial electricity prices
How much does a business’s electricity bill depend on where it operates?
In the first half of 2026, this electricity price benchmark was nearly three times higher in Ireland than in Finland.
🇮🇪 Ireland: 26.7 euro cents/kWh
🇮🇹 Italy: 22.5
🇩🇪 Germany: 20.6
🇫🇷 France: 15.7
🇪🇸 Spain: 13.4
🇫🇮 Finland: 9.3
For a business consuming 1,000 MWh annually, applying these prices implies an electricity bill of approximately €267,000 in Ireland versus €93,000 in Finland.
That is roughly €174,000 a year in difference—for the same consumption.
For electricity-intensive businesses, energy prices can materially influence margins, investment decisions and location choices.
The map compares non-household customers consuming 500–1,999 MWh annually. Prices include supply, networks and non-recoverable taxes; VAT and recoverable taxes are excluded. These are consumption-band averages, not individual contract quotes.
January–June 2026 data where available. Germany and Malta are provisional; grey indicates unavailable data.
Source: Eurostat, nrg_pc_205
How much weight should electricity prices carry when choosing where to invest?