Nicosia, Cyprus. Cyprus recorded the second-highest electricity prices for non-household consumers in the European Union during the second half of 2025, according to Eurostat data. Prices for businesses in Cyprus reached €24.29 per 100 kilowatt-hours.
Cyprus among highest-priced EU markets
Eurostat figures placed Cyprus behind only Ireland, where electricity prices for non-household consumers stood at €25.52 per 100 kilowatt-hours in the second half of 2025. Germany followed Cyprus at €22.64 per 100 kilowatt-hours.
Lowest prices in Finland and Sweden
The lowest electricity prices in the EU were recorded in Finland and Sweden, at €7.48 and €9.70 per 100 kilowatt-hours respectively.
Consumption band covered by the data
The Eurostat dataset focused on non-household consumers with annual electricity consumption between 500 megawatt-hours and 2,000 megawatt-hours.
EU average prices decline in second half of 2025
Across the EU, average electricity prices for non-household consumers fell to €18.37 per 100 kilowatt-hours in the second half of 2025, from €19.03 in the first half of the year, a decline of 3.5%.
Downward trend since early 2023
Eurostat said electricity prices for businesses across the EU have generally followed a downward trend since the first half of 2023, when the average stood at €21.51 per 100 kilowatt-hours. Prices later declined to €20.03 in the second half of 2023 and fell further to €18.85 in the first half of 2024.
How do these electricity price levels affect your business’s operating costs?