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Energy costs high in Poland

2nd May 2012
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According to the latest Eurostat data, individual Polish users pay less than €0.14 per kilowatt hour (kWh). That's not much when compared to Denmark or Germany, where users pay twice that sum. Indeed, when calculating the cost of one kWh, Poland ranks 21st out of 27 EU countries, with only Estonians and Bulgarians paying less, at €0.10 and €0.09 per kWh, respectively.

However, when taking into account the cost of life and purchasing power, Poles pay the fifth-highest electricity prices in the EU, reports Rzeczpospolita. Only in Cyprus, Hungary, Slovenia and Germany do inhabitants pay more for electricity.

According to experts, this trend is set to continue. " Electricity prices are not dependent on the purchasing power of the population, but rather on competition and production costs. Over 90 percent of our electricity production is based on coal, and its extraction costs will grow with the cost of CO2 emissions," said Wojciech Hann, energy expert at Deloitte, told the daily.

Poland A.M.


From Warsaw Business Journal


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