Household electricity bills may go up in 2020

Families living in houses could pay €170 more a year.

Households in Slovakia could pay tens of euros more a year for electricity as of 2020. Households in Slovakia could pay tens of euros more a year for electricity as of 2020. (Source: Sme)

At the beginning of the current year, electricity prices increased by five percent, which equals €2 a month. Households could, however, pay even more for electricity as of January 2020, as reported by the Sme daily.

This is the result of rising electricity prices on the Prague stock exchange in the first six months of 2019, up nearly 30 percent compared to 2018. Higher electricity prices on the global markets, which are a result of costlier emission permits, may also influence the prices in Slovakia.

Related articleLuxembourg's court will look into energy prices in Slovakia Read more 

The average electricity price on the stock exchange, in the first half-year, defines one third of the final price for households. The rest is comprised of various fees that are to support the green energy or production of electricity from coal to name a few.

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