Energy prices in Belgium remain lower than its neighbours

The price of electricity and natural gas in Belgium remains significantly lower than in neighbouring countries, with the exception of electricity prices in France, new figures from federal energy regulator CREG showed on Wednesday.

The energy regulator's figures show that the average annual bill for electricity for a Belgian household was 1,170 euros in August. That is less than in Germany, the Netherlands and the UK. Only French households are better off, with an average annual bill of 930 euros, because electricity prices are highly regulated in France.

For natural gas, however, the average annual bill for a Belgian household in August was 1,284 euros - by far the cheapest compared to all neighbouring countries.

The fact that households in Belgium have the lowest energy bills - with the exception of electricity in France - is because prices are directly linked to wholesale market prices and therefore fall faster than abroad, CREG explains. "Belgium is the most liberalised market, with very little intervention in pricing and with retail prices following the evolution of wholesale prices very quickly," it says. However, there is public intervention in pricing through social tariffs for low-income households.



Related news

Website preview
Belgian households don't question energy bills, even during a crisis
Every year, CREG, the regulator of the Belgian gas and electricity market, finds that not enough Belgian households compare the prices of electricity and gas contracts. Even with rapidly rising bills, many people do not question their energy contract, resulting in them paying too much.
Website preview
Belgian energy consumption at lowest level in quarter-century
Belgium's 2022 energy consumption reached its lowest level since 1995, according to the most recent data from the Federal Public Service Economy. The increased energy prices following Russia's invasion of Ukraine led to even less energy consumption than in 2020 during the Covid pandemic.

Get updates in your mailbox

By clicking "Subscribe" I confirm I have read and agree to the Privacy Policy.


Belga News Agency delivers dependable, rapid and high-quality information 24 hours a day, 7 days a week, from Belgium and abroad to all Belgian media. The information covers all sectors, from politics, economics and finance to social affairs, sports and culture, not to mention entertainment and lifestyle.

Every day, our journalists and press photographers produce hundreds of photos and news stories, dozens of online information items, plus audio and video bulletins, all in both national languages. Since the end of March 2022 English has been added as a language.

For public institutions, businesses and various organisations that need reliable information, Belga News Agency also offers a comprehensive range of corporate services to meet all their communication needs.


Arduinkaai 29 1000 Brussels