Gas and electricity prices for households in Belgium dropped again in May, the Commission for Electricity and Gas Regulation (CREG) reported on Wednesday.
The downward trend is the result of a substantial supply and a reduced demand due to the coronavirus (Covid-19) crisis.
The average annual price for a family’s electricity consumption is now €786, which is €32 less than in April and €129 less than in January.
The average annual price for a household for natural gas dropped to €882, which is €33 less than in April. In January, the price averaged over €1,000.
One year ago, the average prices for electricity and natural gas were €918 and over €1,300 respectively.
The Brussels Times