Dutch gas prices are now the most expensive in Europe

Photo: Depositphotos.com

The Netherlands now has the highest gas price in Europe, having overtaken Sweden in recent weeks, according to an analysis by the website Energievergelijk.nl.

The research is based on figures from the Household Energy Price Index, produced by Austrian and Hungarian regulators, which compares prices in 33 countries.

Dutch consumers with a new contract currently pay 28.32 cents for a kilowatt hour of gas or €2.76 per cubic meter including tax, double the European average of 13.5 cents.

“Our economy and our electricity supply are largely dependent on gas,” the website says. “If the gas supply goes down, if Russia closes the taps for example, then we notice it right away.”

Many EU countries have a much larger share of coal, nuclear or hydropower in their energy mix.

In addition, some EU countries have imposed price caps or introduced special subsidies for low-income households, the website points out. In Belgium, for example, low-income families benefit from a 30% reduction on their bills. France, which is renationalising EDF, also has a maximum tariff.

The Netherlands reduced value added tax on energy bills and granted compensation to low-income families.


Meanwhile, retail analysts at GFK say a basic shopping basket now costs 18.5% more than 11 months ago.

Products such as pasta, paper towel and bread rose far more than average, while the price of chocolate, bananas and cleaning supplies barely changed, GFK said.

“A family of four spends between €7,000 and €8,000 a year on groceries,” spokesman Norman Buysse said. “They will now pay €1,500 more for the same amount as a year ago.”

Thank you for your donation to DutchNews.nl

The DutchNews.nl team would like to thank all the generous readers who have donated over the past few weeks. Your financial support has helped us extend our coverage of the coronavirus crisis into evenings and weekends and ensure you are kept up to date with the latest developments.

DutchNews.nl has been free for 14 years, but without the financial support of our readers, we would not be able to provide you with fair and accurate information on all things Dutch. Your contributions make this possible.

If you haven’t donated yet, but would like to, you can do it via Ideal, credit card or Paypal.

Comments are closed.