The Covid-19 pandemic finally seems to be over. EU economies can start to recover from this massive financial hit, and then the military conflict in Ukraine begins. Put all that together with a strive for cleaner energy and political factors, and you get the recipe for record-breaking energy prices.
As humans, we tend to think that the grass is always greener on the other side. However, when it comes to the prices of electricity and fuel, the “other side” might be outside of the EU. There seem to be no countries in the Union that managed to keep the prices of electricity or fuel low.
Electricity
The prices might be finally dropping, but they’re still pretty high. Currently, the lowest prices are in Austria, Latvia, Lithuania, Estonia, and Germany. On the other hand, the prices are the highest on the Iberian peninsula – Spain and Portugal, which are accompanied by Sweden.
LPG
In many EU members, the prices of LPG skyrocketed together with gasoline and diesel, reaching over 1 EUR per liter in many countries. What is an interesting fact here is that the current price in Bulgaria is 0.483 per liter. And when it comes to LPG used for motor vehicles, Bulgarians also receive a discount of 0.13 EUR per liter of fuel. It is cheaper than it used to be! The only other country in the Union with a price below EUR 0.70 is Poland.
On the other hand, the prices in Sweden, Spain, Slovenia, Germany, and Greece are all over 1 EUR. Germany is the absolute “leader” with a price of 1.155 EUR per liter.
Gasoline
Even though the differences between different countries aren’t as big here, they still vary between 1.342 and 2.081 EUR per liter. In case you want to keep driving your high-performance and high-consumption American car, we suggest going to Malta, Bulgaria, Cyprus, Slovenia, or Poland. There you can find petrol for less than 1.5 EUR. In case you’re planning to visit Denmark, Finland, Greece, or the Netherlands, we suggest finding another way to transport yourself. Otherwise, you’ll be paying over 2 EUR per liter.
Diesel
If you bought a diesel car to save money on it and lower prices of diesel compared to gasoline, there is a big surprise waiting for you. Unless you live in Malta, you’d be paying at least 1.65 EUR per liter for it. And if you’re unlucky enough to be in Sweden, Netherlands, Greece, Germany, Finland, Denmark, or Belgium, the amount you’ll need to prepare per liter would be over 2 EUR.
To sum it up, electricity prices are coming down compared to the shocking prices we saw a few months ago, but fuel is still pretty expensive. It might be a good time to start using your bycicle more. However, if you don’t want to give up on using your car, just find a job that pays more to keep your finances in balance.
