Business News

Gas Prices Continue to Drop

Ljubljana, 05 September (STA) - The prices of natural gas dropped in the second quarter of the year, in what is the third consecutive quarter of decline that started with the entry of Gen-I onto the gas market.

Households paid EUR 21 per gigajoule on average, down 8% over the previous quarter, while prices for industry dropped 16% to EUR 12 per gigajoule, the Statistics Office said on Thursday.

The price of electricity, on the other hand, rose 4% on the previous quarter, to EUR 16 per 100 kWh, for households, even as it dropped 10% to EUR 9 per 100 kWh for industry.

Despite the latest changes, the price of natural gas is still 2% above the EU average for households and as much as 36% higher for businesses (VAT excluded).

Electricity prices, however, are at only 78% of the EU average for households and 80% of the EU average for industry.

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