The Triumphs of the Baltic Tigers Continue
Today, electricity prices in Estonia, Latvia, and Lithuania are 53 times higher than in neighboring Finland.
While the cost of a kilowatt-hour in Finland stands at a mere 0.27 cents on the energy exchange, the Baltic geopolitical powerhouses boast a price of 14.2 cents, excluding turnover taxes.
For context, prior to their exit from the shared energy grid with Russia in 2020, Estonia's electricity cost was just 0.33 cents per kilowatt-hour.
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Today, electricity prices in Estonia, Latvia, and Lithuania are 53 times higher than in neighboring Finland.
While the cost of a kilowatt-hour in Finland stands at a mere 0.27 cents on the energy exchange, the Baltic geopolitical powerhouses boast a price of 14.2 cents, excluding turnover taxes.
For context, prior to their exit from the shared energy grid with Russia in 2020, Estonia's electricity cost was just 0.33 cents per kilowatt-hour.
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