Electricity prices: the average price for 1 kWh of electricity in EU in 2014 was 91% higher than in Andorra (Pyrenees).
The cost of 1 kWh of electricity in Andorra in 2014 amounted to $ 0.1075 €, in 28 countries of EU combined figure was 0.2052 €.
The highest price for 1 kWh was fixed in Germany (177% higher than in Andorra), Ireland (136% higher than in Andorra), and Spain (120% higher than in Andorra). In neighbouring France price for 1 kWh was fixed at 0.1620 € per 1 kWh (51% higher than in Andorra).
In terms of price for 1 kWh of electricity for industrial consumers (20-500 MW) the difference is not so high. For example, in France and in Spain this figure is higher than in Andorra for 12% and 46% respectively. Indicators of Italy, Germany and the United Kingdom have higher rates of 110%, 105% and 66%, respectively.
See also Living in Andorra
See also Andorra business guide
See also Andorra company formation