Electricity prices for Italian households with an annual consumption between 1,000 and 2,500 kilowatt-hours averaged 38.77 euro cents per kilowatt-hour in 2023. Regarding households with an annual consumption of up to 5,000 kilowatt-hours, their electricity price was less expensive, at 25.22 euros per kilowatt-hour. Energy crisis In 2022, the global energy crisis severely impacted electricity prices in Italy. Before the market tightening following Russia's invasion of Ukraine, Italy was heavily dependent on natural gas imports from Russia. Natural gas supply shortage drove electricity prices up, a trend that was still observed in 2023. Energy transition in Italy The share of renewable energy consumed in Italy has almost tripled between 2000 and 2022, thanks to conspicuous investment in the renewable electricity sector. However, the amount of investment has stagnated below four billion euros per year since 2013, and the share of renewables in the total energy consumption has not surpassed 20 percent.
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Italy Electricity decreased 10.78 EUR/MWh or 7.83% since the beginning of 2025, according to the latest spot benchmarks offered by sellers to buyers priced in megawatt hour (MWh). This dataset includes a chart with historical data for Italy Electricity Price.
The electricity price for average household consumers in Italy peaked at 66 euro cents per kilowatt-hour in the fourth quarter of 2022. This figure set an all-time electricity price record for Italy. Since 2021, electricity prices for domestic consumption kept increasing in Italy, driven by the growth of coal and natural gas prices. The main factors contributing to the European electricity price spike were the economic recovery after the COVID-19 pandemic in 2021 and the interruption of Russian imports following the Russian invasion of Ukraine in 2022. As of 2025, prices recorded an increase.
The average wholesale electricity price in Italy amounted to 117 euros per megawatt-hour in October 2024. Prices peaked in August 2022 at 544 euros per megawatt-hour.
The average price for electricity services was 3.4 euro cents per kilowatt-hour in Italy in 2023, roughly 13 percent higher than the previous year. Since 2017, distribution accounted for the largest share of the electricity price, and in 2024 this cost was almost two euro cents per kilowatt-hour.
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Non-household electricity customers with a consumption between 500 and 2,000 megawatt-hours tend to pay higher prices than users with consumption greater than 20,000 megawatt-hours in Italy. In 2023, electricity prices amounted to roughly 23.6 euro cents per kilowatt-hour for the former and 19.5 for the latter. Due to the 2022 energy crisis, these figures were the highest in over a decade. Electricity is overpriced in Italy Compared to most European countries, Italian consumers paid significantly more for electricity. In 2023, Italy ranked among the 10 countries with the most expensive non-residential electricity price in the European Union. The average electricity price for non-residential consumers in France, for example, was much lower throughout the observed period. Italy's dependency on gas In 2022, natural gas accounted for over 40 percent of the country’s electricity mix. Overall, Italy relied on gas imports for over 95 percent of its demand. This means that the price of gas largely depends on the wholesale price rather than that on the domestic market.
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IT: Electricity Price: HC: 15000 KwH & Above: excl VAT & Other Recoverable Taxes & Levies data was reported at 0.253 EUR/kWh in Jun 2024. This records an increase from the previous number of 0.226 EUR/kWh for Dec 2023. IT: Electricity Price: HC: 15000 KwH & Above: excl VAT & Other Recoverable Taxes & Levies data is updated semiannually, averaging 0.253 EUR/kWh from Jun 2008 (Median) to Jun 2024, with 33 observations. The data reached an all-time high of 0.324 EUR/kWh in Dec 2022 and a record low of 0.162 EUR/kWh in Dec 2020. IT: Electricity Price: HC: 15000 KwH & Above: excl VAT & Other Recoverable Taxes & Levies data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Italy – Table IT.Eurostat: Electricity Price: Household Consumers.
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IT: Electricity Price: HC: Between 5000 & 14999 KwH: excl VAT & Other Recoverable Taxes & Levies data was reported at 0.283 EUR/kWh in Jun 2024. This records a decrease from the previous number of 0.298 EUR/kWh for Dec 2023. IT: Electricity Price: HC: Between 5000 & 14999 KwH: excl VAT & Other Recoverable Taxes & Levies data is updated semiannually, averaging 0.235 EUR/kWh from Jun 2008 (Median) to Jun 2024, with 33 observations. The data reached an all-time high of 0.325 EUR/kWh in Jun 2023 and a record low of 0.184 EUR/kWh in Dec 2020. IT: Electricity Price: HC: Between 5000 & 14999 KwH: excl VAT & Other Recoverable Taxes & Levies data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Italy – Table IT.Eurostat: Electricity Price: Household Consumers.
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Italy IT: Electricity Price: HC: Total kWh: excl Taxes & Levies data was reported at 0.274 EUR/kWh in Jun 2024. This records a decrease from the previous number of 0.278 EUR/kWh for Dec 2023. Italy IT: Electricity Price: HC: Total kWh: excl Taxes & Levies data is updated semiannually, averaging 0.285 EUR/kWh from Dec 2021 (Median) to Jun 2024, with 6 observations. The data reached an all-time high of 0.350 EUR/kWh in Jun 2023 and a record low of 0.198 EUR/kWh in Dec 2021. Italy IT: Electricity Price: HC: Total kWh: excl Taxes & Levies data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Italy – Table IT.Eurostat: Electricity Price: Household Consumers.
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Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Italy (CPGREN01ITQ659N) from Q1 1961 to Q4 2024 about Italy, fuels, electricity, energy, gas, CPI, price index, indexes, and price.
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Italy IT: Electricity Price: HC: Less Than 1000 KwH: excl VAT & Other Recoverable Taxes & Levies data was reported at 0.548 EUR/kWh in Jun 2024. This records an increase from the previous number of 0.488 EUR/kWh for Dec 2023. Italy IT: Electricity Price: HC: Less Than 1000 KwH: excl VAT & Other Recoverable Taxes & Levies data is updated semiannually, averaging 0.278 EUR/kWh from Jun 2008 (Median) to Jun 2024, with 33 observations. The data reached an all-time high of 0.570 EUR/kWh in Jun 2023 and a record low of 0.232 EUR/kWh in Dec 2011. Italy IT: Electricity Price: HC: Less Than 1000 KwH: excl VAT & Other Recoverable Taxes & Levies data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Italy – Table IT.Eurostat: Electricity Price: Household Consumers.
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Italy IT: Electricity Price: NH: Between 20000 & 69999 MwH: excl VAT & Other Recoverable Taxes & Levies data was reported at 0.154 EUR/MWh in Jun 2024. This records a decrease from the previous number of 0.180 EUR/MWh for Dec 2023. Italy IT: Electricity Price: NH: Between 20000 & 69999 MwH: excl VAT & Other Recoverable Taxes & Levies data is updated semiannually, averaging 0.123 EUR/MWh from Jun 2008 (Median) to Jun 2024, with 33 observations. The data reached an all-time high of 0.298 EUR/MWh in Dec 2022 and a record low of 0.094 EUR/MWh in Jun 2018. Italy IT: Electricity Price: NH: Between 20000 & 69999 MwH: excl VAT & Other Recoverable Taxes & Levies data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Italy – Table IT.Eurostat: Electricity Price: Non-Household Consumers.
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Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Italy (CPGREN01ITM659N) from Jan 1961 to Jan 2025 about Italy, fuels, electricity, energy, gas, CPI, price index, indexes, and price.
In Italy, electricity prices recorded a significant increase from March 2021 onward, after having remained stable throughout 2020. The peak was reached in October 2022, when the cost of electric power was 200 percent higher than in the same month of the previous year.
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Forecast: Electricity Distribution and Control Apparatus Labour Cost Per Employee FTE in Italy 2023 - 2027 Discover more data with ReportLinker!
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IT: Electricity Price: NH: Total kWh: excl Taxes & Levies data was reported at 0.168 EUR/kWh in Jun 2024. This records a decrease from the previous number of 0.191 EUR/kWh for Dec 2023. IT: Electricity Price: NH: Total kWh: excl Taxes & Levies data is updated semiannually, averaging 0.210 EUR/kWh from Dec 2021 (Median) to Jun 2024, with 6 observations. The data reached an all-time high of 0.329 EUR/kWh in Dec 2022 and a record low of 0.150 EUR/kWh in Dec 2021. IT: Electricity Price: NH: Total kWh: excl Taxes & Levies data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Italy – Table IT.Eurostat: Electricity Price: Non-Household Consumers.
The total electricity consumption in Italy amounted to approximately 296 terawatt-hours in 2022, after dropping to a low of 284 terawatt-hours in 2020. This figure fluctuated over the past 20 years, peaking at 319 terawatt-hours in 2008.
Electricity consumption and production in Italy
An overall negative change in electricity consumption was observed in Italy in the last few years. The electricity demand of this country decreased by almost five percent between 2010 and 2021. By comparison, the production of electricity lagged behind consumption and amounted to 284 terawatt-hours in 2022.
Electricity prices in Italy
After the Russian invasion of Ukraine, the energy prices in Italy shot up to record levels. The electricity price for average household consumers amounted to 66 euro cents per kilowatt-hour at the end of 2022, which was more than twice the electricity price in 2021. In the same year, Italy was one of the leading global countries for electricity prices. However, prices decreased to less than 30 euro cents per kilowatt-hour in 2023.
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The Italian electricity supply meter market expanded markedly to $1B in 2023, picking up by 14% against the previous year. In general, consumption, however, saw significant growth. Electricity supply meter consumption peaked at $1.1B in 2021; however, from 2022 to 2023, consumption remained at a lower figure.
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Forecast: Electricity Transmission Production Value in Italy 2022 - 2026 Discover more data with ReportLinker!
Electricity prices for Italian households with an annual consumption between 1,000 and 2,500 kilowatt-hours averaged 38.77 euro cents per kilowatt-hour in 2023. Regarding households with an annual consumption of up to 5,000 kilowatt-hours, their electricity price was less expensive, at 25.22 euros per kilowatt-hour. Energy crisis In 2022, the global energy crisis severely impacted electricity prices in Italy. Before the market tightening following Russia's invasion of Ukraine, Italy was heavily dependent on natural gas imports from Russia. Natural gas supply shortage drove electricity prices up, a trend that was still observed in 2023. Energy transition in Italy The share of renewable energy consumed in Italy has almost tripled between 2000 and 2022, thanks to conspicuous investment in the renewable electricity sector. However, the amount of investment has stagnated below four billion euros per year since 2013, and the share of renewables in the total energy consumption has not surpassed 20 percent.