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Almost the entire European continent is now operating at electricity prices above EUR 600/MWh. The last decade average cost of electricity was in the EUR 20-30/MWh range. (twitter.com)

submitted 2 years ago by yogthos@lemmy.ml to c/europe@lemmy.ml

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[–] Deer_Tito@lemmygrad.ml 1 points 2 years ago* (last edited 2 years ago) (2 children)

Decided to do spreadsheets to make this easily readable for everyone, sorted by cost of a MWh/average net income:

Sources: Hellenic Regulatory Authority for Energy, Wikipedia

[–] Slatlun@lemmy.ml 2 points 2 years ago (1 children)

There is a critical piece of info missing from this. That is MWh used per month. These are 2021 data. Using this will allow you to get to electrical cost per person per month compared to income.

[–] Deer_Tito@lemmygrad.ml 3 points 2 years ago (1 children)

Hopefully I did the math right, if this-> =(E2*C2)/(B2*12)*100 is wrong as a formula for calculating energy cost as a percentage of net income, please disregard this data.

The link you sent didn't have data for all the countries in my original list, so I supplemented with 2014 data (in yellow cells) from worldpopulationreview.com/...

[–] Slatlun@lemmy.ml 2 points 2 years ago

Nice work. The formula is absolutely right. Crazy that some need to spend a full third of their take home pay on electricity.

[–] Shrike502@lemmygrad.ml 1 points 2 years ago

Wow so for some of the countries the cost is almost equal to the average income? Geez, I thought they'd be better off. Thank you for this excellent work!