100+ datasets found
  1. Global household electricity prices 2025, by country

    • statista.com
    Updated Aug 11, 2025
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    Statista (2025). Global household electricity prices 2025, by country [Dataset]. https://www.statista.com/statistics/263492/electricity-prices-in-selected-countries/
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    Dataset updated
    Aug 11, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Mar 2025
    Area covered
    Worldwide
    Description

    Ireland, Italy, and Germany had some of the highest household electricity prices worldwide, as of March 2025. At the time, Irish households were charged around 0.45 U.S. dollars per kilowatt-hour, while in Italy, the price stood at 0.43 U.S. dollars per kilowatt-hour. By comparison, in Russia, residents paid almost 10 times less. What is behind electricity prices? Electricity prices vary widely across the world and sometimes even within a country itself, depending on factors like infrastructure, geography, and politically determined taxes and levies. For example, in Denmark, Belgium, and Sweden, taxes constitute a significant portion of residential end-user electricity prices. Reliance on fossil fuel imports Meanwhile, thanks to their great crude oil and natural gas production output, countries like Iran, Qatar, and Russia enjoy some of the cheapest electricity prices in the world. Here, the average household pays less than 0.1 U.S. dollars per kilowatt-hour. In contrast, countries heavily reliant on fossil fuel imports for electricity generation are more vulnerable to market price fluctuations.

  2. Commercial electricity prices worldwide 2024, by select country

    • statista.com
    Updated Jun 27, 2025
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    Statista (2025). Commercial electricity prices worldwide 2024, by select country [Dataset]. https://www.statista.com/statistics/1369634/business-electricity-price-worldwide-in-selected-countries/
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    Dataset updated
    Jun 27, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Sep 2024
    Area covered
    Worldwide
    Description

    In September 2024, industrial electricity prices in the European countries of Germany, Italy, and the United Kingdom were among the highest in the world, at around **** U.S. dollars per kilowatt-hour. Singapore was the Asian country with the highest electricity bill worldwide at that time. Lowest electricity prices in the world The average retail electricity price in the United States was considerably lower than in most of Europe. Iceland was the European country with one of the lowest electricity bills for enterprises that month. At the bottom of the ranking were also Russia, Iraq, Qatar, Argentina, and Libya. In these countries, commercial electricity prices amounted to less than *** U.S. dollars per kilowatt-hour. Household electricity prices In addition, European countries had the highest household electricity prices worldwide that month, with Italy at the top of the ranking. By comparison, Iran and Ethiopia had the lowest residential electricity prices in the world.

  3. Quarterly global household electricity prices 2019-2025, by country

    • statista.com
    Updated Jul 15, 2025
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    Statista (2025). Quarterly global household electricity prices 2019-2025, by country [Dataset]. https://www.statista.com/statistics/1461537/household-electricity-price-worldwide-by-country/
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    Dataset updated
    Jul 15, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Mar 2019 - Mar 2025
    Area covered
    Worldwide
    Description

    Household electricity prices vary significantly around the world. In March 2025, the price of electricity was below 0.1 U.S. dollars per kilowatt-hour in countries which rely on nationally produced fossil fuels for electricity generation, while it exceeded 0.4 U.S. dollars per kilowatt-hour where the power sector is dependent on energy imports.

  4. International industrial energy prices

    • gov.uk
    Updated May 29, 2025
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    Department for Energy Security and Net Zero (2025). International industrial energy prices [Dataset]. https://www.gov.uk/government/statistical-data-sets/international-industrial-energy-prices
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    Dataset updated
    May 29, 2025
    Dataset provided by
    GOV.UKhttp://gov.uk/
    Authors
    Department for Energy Security and Net Zero
    Description

    https://assets.publishing.service.gov.uk/media/66f3d2a7581bb572cf5bf819/table_531.xlsx">Industrial electricity prices in the IEA (QEP 5.3.1)

     <p class="gem-c-attachment_metadata"><span class="gem-c-attachment_attribute">MS Excel Spreadsheet</span>, <span class="gem-c-attachment_attribute">311 KB</span></p>
    
    
    
    
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    https://assets.publishing.service.gov.uk/media/6856dac735070b6957ab905a/table_541.xlsx">Quarterly: Industrial electricity prices in the EU for small, medium, large and extra large consumers (QEP 5.4.1 to 5.4.4)

     <p class="gem-c-attachment_metadata"><span class="gem-c-attachment_attribute">MS Excel Spreadsheet</span>, <span class="gem-c-attachment_attribute">507 KB</span></p>
    
    
    
    
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  5. e

    Average Electricity Rates by U.S. State (August 2025)

    • electricchoice.com
    Updated Dec 6, 2010
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    ElectricChoice.com (2010). Average Electricity Rates by U.S. State (August 2025) [Dataset]. https://www.electricchoice.com/electricity-prices-by-state/
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    Dataset updated
    Dec 6, 2010
    Dataset provided by
    ElectricChoice.com
    License

    Attribution-ShareAlike 4.0 (CC BY-SA 4.0)https://creativecommons.org/licenses/by-sa/4.0/
    License information was derived automatically

    Time period covered
    Aug 1, 2025 - Aug 31, 2025
    Area covered
    United States
    Description

    A comprehensive dataset of average residential, commercial, and combined electricity rates in cents per kWh for all 50 U.S. states.

  6. T

    ELECTRICITY PRICE by Country in EUROPE/1000

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jan 12, 2024
    + more versions
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    TRADING ECONOMICS (2024). ELECTRICITY PRICE by Country in EUROPE/1000 [Dataset]. https://tradingeconomics.com/country-list/electricity-price?continent=europe/1000
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    csv, xml, excel, jsonAvailable download formats
    Dataset updated
    Jan 12, 2024
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2025
    Area covered
    Europe
    Description

    This dataset provides values for ELECTRICITY PRICE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

  7. e

    Electricity Rates by State

    • electricchoice.com
    Updated Dec 6, 2010
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    ElectricChoice.com (2010). Electricity Rates by State [Dataset]. https://www.electricchoice.com/electricity-prices-by-state/
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    Dataset updated
    Dec 6, 2010
    Dataset provided by
    ElectricChoice.com
    License

    Attribution-ShareAlike 4.0 (CC BY-SA 4.0)https://creativecommons.org/licenses/by-sa/4.0/
    License information was derived automatically

    Time period covered
    Jul 1, 2025 - Jul 31, 2025
    Area covered
    United States
    Description

    Monthly average retail electricity prices by state from EIA (Residential, Commercial, All Sectors).

  8. J

    Japan JP: Residential Electricity Price: USD per kWh

    • ceicdata.com
    Updated Feb 15, 2025
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    CEICdata.com (2025). Japan JP: Residential Electricity Price: USD per kWh [Dataset]. https://www.ceicdata.com/en/japan/environmental-environmental-policy-taxes-and-transfers-oecd-member-annual/jp-residential-electricity-price-usd-per-kwh
    Explore at:
    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2011 - Dec 1, 2022
    Area covered
    Japan
    Description

    Japan JP: Residential Electricity Price: USD per kWh data was reported at 0.330 USD/kWh in 2022. This records an increase from the previous number of 0.260 USD/kWh for 2021. Japan JP: Residential Electricity Price: USD per kWh data is updated yearly, averaging 0.220 USD/kWh from Dec 1990 (Median) to 2022, with 33 observations. The data reached an all-time high of 0.330 USD/kWh in 2022 and a record low of 0.190 USD/kWh in 2002. Japan JP: Residential Electricity Price: USD per kWh data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Japan – Table JP.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: OECD Member: Annual.

  9. F

    Average Price: Electricity per Kilowatt-Hour in U.S. City Average

    • fred.stlouisfed.org
    json
    Updated Aug 12, 2025
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    (2025). Average Price: Electricity per Kilowatt-Hour in U.S. City Average [Dataset]. https://fred.stlouisfed.org/series/APU000072610
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    jsonAvailable download formats
    Dataset updated
    Aug 12, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United States
    Description

    Graph and download economic data for Average Price: Electricity per Kilowatt-Hour in U.S. City Average (APU000072610) from Nov 1978 to Jul 2025 about electricity, energy, retail, price, and USA.

  10. U.S. residential retail price of electricity 2025, by state

    • statista.com
    Updated Jul 15, 2025
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    Statista (2025). U.S. residential retail price of electricity 2025, by state [Dataset]. https://www.statista.com/statistics/630090/states-with-the-average-electricity-price-for-the-residential-sector-in-the-us/
    Explore at:
    Dataset updated
    Jul 15, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Feb 2025
    Area covered
    United States
    Description

    Hawaii is the state with the highest household electricity price in the United States. In February 2025, the average retail price of electricity for Hawaiian residences amounted to 41.11 U.S. cents per kilowatt-hour. California followed in second, with 32.41 U.S. cents per kilowatt-hour. Meanwhile, Utah registered the lowest price in the period, at around 12.41 U.S. cents per kilowatt-hour. Why is electricity so expensive in Hawaii? Fossil fuels, and specifically oil, account for approximately 80 percent of Hawaii’s electricity mix, so the electricity price in this state can be roughly brought down to the price of oil in the country. Oil was by far the most expensive fossil fuel used for electricity generation in the country. As Hawaii depends on oil imports, the cost of transportation and infrastructure must be added to the oil price. Electricity prices worldwide The U.S. retail price for electricity increased almost every year since 1990. In 2024, it stood at 13 U.S. cents per kilowatt-hour, almost double the charge put on electricity back in 1990. However, household electricity prices are around 25 U.S. dollar cents per kilowatt-hour lower in the U.S. when compared to European countries reliant on energy imports, such as Germany and Italy.

  11. Germany DE: Industry Electricity Price: USD per kWh

    • ceicdata.com
    Updated May 28, 2017
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    CEICdata.com (2017). Germany DE: Industry Electricity Price: USD per kWh [Dataset]. https://www.ceicdata.com/en/germany/environmental-environmental-policy-taxes-and-transfers-oecd-member-annual/de-industry-electricity-price-usd-per-kwh
    Explore at:
    Dataset updated
    May 28, 2017
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2010 - Dec 1, 2021
    Area covered
    Germany
    Description

    Germany DE: Industry Electricity Price: USD per kWh data was reported at 0.210 USD/kWh in 2021. This stayed constant from the previous number of 0.210 USD/kWh for 2020. Germany DE: Industry Electricity Price: USD per kWh data is updated yearly, averaging 0.145 USD/kWh from Dec 1990 (Median) to 2021, with 32 observations. The data reached an all-time high of 0.210 USD/kWh in 2021 and a record low of 0.080 USD/kWh in 2000. Germany DE: Industry Electricity Price: USD per kWh data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Germany – Table DE.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: OECD Member: Annual.

  12. Residential electricity prices in Europe 2024, by country

    • statista.com
    Updated May 30, 2025
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    Statista (2025). Residential electricity prices in Europe 2024, by country [Dataset]. https://www.statista.com/statistics/273990/residential-electricity-prices-in-selected-eu-countries/
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    Dataset updated
    May 30, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Europe
    Description

    In 2024, Germany recorded the highest residential electricity price for users within Europe, at 44.11 euro cents per kilowatt-hour. This was followed by Ireland, at 36.11 euro cents per kilowatt-hour. Italy, Cyprus, Belgium, Denmark and Czechia were also among the countries with the highest electricity costs.

  13. n

    Electricity Prices Comparison in Europe

    • n26.com
    Updated Nov 6, 2022
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    (2022). Electricity Prices Comparison in Europe [Dataset]. https://n26.com/en-es/blog/electricity-price-countries
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    Dataset updated
    Nov 6, 2022
    Area covered
    Europe
    Description

    Table comparing electricity prices per kWh and their annual changes in France, Germany, Spain, and Italy, highlighting the variations across European countries. Source: Eurostat.

  14. Household electricity prices in Africa 2024, by country

    • statista.com
    Updated Jun 20, 2025
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    Statista (2025). Household electricity prices in Africa 2024, by country [Dataset]. https://www.statista.com/statistics/1277594/household-electricity-prices-in-africa-by-country/
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    Dataset updated
    Jun 20, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jun 2024
    Area covered
    Africa
    Description

    Cabo Verde recorded the highest electricity price for households in Africa. As of June 2024, one kilowatt-hour costs around **** U.S. dollars in the country. Kenya and Sierra Leone followed, with households paying **** and **** U.S. dollars per kilowatt-hour, respectively. Mail, Burkina Faso, and Gabon also recorded relatively higher prices for electricity on the continent. On the other hand, Egypt, Zambia, Angola, and Libya registered the lowest prices for electric energy in Africa. Countries usually retain high prices for household and business electricity In Africa, countries with high electricity prices for households also tend to have higher prices for businesses. For instance, Cabo Verde, Burkina Faso, and Kenya’s energy prices for companies placed them among the most expensive four countries on the continent. As of late 2023, the electricity prices stood at around ***, ***, and **** U.S. dollars per kilowatt-hour, respectively. Electricity access and reliability vary across the continent A significant share of Africans still live with no access to electricity. Although almost all of North Africa's population had access to electricity, the other regions had lower electricity access in 2021. Western, Southern, and Eastern Africa had just over ** percent of their citizens living in electrified areas, while in Central Africa it stood at around ** percent. Nevertheless, according to a survey, two Eastern African countries ranked highest with the most reliable electricity supply on the continent. Between 2021 and 2023, some ** percent of Mauritians and ** percent of Seychellois reported having a supply that worked most or all the time.

  15. K

    Kazakhstan KZ: Industry Electricity Price: USD per kWh

    • ceicdata.com
    Updated Feb 15, 2025
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    CEICdata.com (2025). Kazakhstan KZ: Industry Electricity Price: USD per kWh [Dataset]. https://www.ceicdata.com/en/kazakhstan/environmental-environmental-policy-taxes-and-transfers-non-oecd-member-annual/kz-industry-electricity-price-usd-per-kwh
    Explore at:
    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2010 - Dec 1, 2021
    Area covered
    Kazakhstan
    Description

    Kazakhstan KZ: Industry Electricity Price: USD per kWh data was reported at 0.110 USD/kWh in 2021. This records a decrease from the previous number of 0.120 USD/kWh for 2020. Kazakhstan KZ: Industry Electricity Price: USD per kWh data is updated yearly, averaging 0.120 USD/kWh from Dec 1994 (Median) to 2021, with 28 observations. The data reached an all-time high of 0.500 USD/kWh in 1994 and a record low of 0.080 USD/kWh in 2006. Kazakhstan KZ: Industry Electricity Price: USD per kWh data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Kazakhstan – Table KZ.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non OECD Member: Annual.

  16. Average energy prices for consumers

    • cbs.nl
    • data.overheid.nl
    xml
    Updated Aug 12, 2025
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    Centraal Bureau voor de Statistiek (2025). Average energy prices for consumers [Dataset]. https://www.cbs.nl/en-gb/figures/detail/85592ENG
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    xmlAvailable download formats
    Dataset updated
    Aug 12, 2025
    Dataset provided by
    Statistics Netherlands
    Authors
    Centraal Bureau voor de Statistiek
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    The Netherlands
    Description

    This table contains consumer prices for electricity and gas. Weighted average monthly prices are published broken down into transport rate, delivery rates and taxes, both including and excluding VAT. These prices are published on a monthly basis.

    Data available from: January 2021

    Status of the figures: When first published, the figures are provisional. These will become definitive with the following month’s publication.

    Changes compared with previous version: Data on the most recent period have been added and/or adjustments have been implemented.

    When will new figures be published? New figures will usually be published between the first and second Thursday of the month.

  17. c

    Average energy prices for consumers, 2018 - 2023

    • cbs.nl
    • ckan.mobidatalab.eu
    • +3more
    xml
    Updated May 23, 2025
    + more versions
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    Centraal Bureau voor de Statistiek (2025). Average energy prices for consumers, 2018 - 2023 [Dataset]. https://www.cbs.nl/en-gb/figures/detail/84672ENG
    Explore at:
    xmlAvailable download formats
    Dataset updated
    May 23, 2025
    Dataset authored and provided by
    Centraal Bureau voor de Statistiek
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    The Netherlands
    Description

    This table contains consumer prices for electricity and gas. Weighted average monthly prices are published broken down into transport rate, delivery rates and taxes, both including and excluding VAT. These prices are published on a monthly basis. The prices presented in this table were used to compile the CPI up to May 2023. Prices for newly offered contracts were collected. Contract types that are no longer offered, but have been in previous reporting periods, are imputed. The average can therefore diverge from the prices paid for energy contracts by Dutch households.

    Data available from January 2018 up to May 2023.

    Status of the figures: The figures are definitive.

    Changes as of 17 July 2023: This table will no longer be updated. Due to a change in the underlying data and accompanying method for calculcating average energy prices, a new table was created. See paragraph 3.

    Changes as of 13 February: Average delivery rates are not shown in this table from January 2023 up to May 2023. With the introduction of the price cap, the average energy rates (delivery rates) of fixed and variable energy contracts together remained useful for calculating a development for the CPI. However, as a pricelevel, they are less useful. Average energy prices from January 2023 up to May 2023 are published in a customized table. In this publication, only data concerning new variable contracts are taken into account

    When will new figures be published? Does not apply.

  18. Price of residential electricity in Latin America 2024, by country

    • statista.com
    Updated Jul 16, 2025
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    Statista (2025). Price of residential electricity in Latin America 2024, by country [Dataset]. https://www.statista.com/statistics/1123802/household-electricity-price-latin-america-country/
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    Dataset updated
    Jul 16, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Dec 2024
    Area covered
    LAC, Latin America
    Description

    As of December 2024, Guatemala had the highest household electricity price among Latin American countries, with an average of **** U.S. dollars per kilowatt-hour. Argentina reported the lowest rate among the countries displayed, at less than **** U.S. dollars per kilowatt-hour. Electricity prices across the American continent Electricity prices vary considerably across the American continent. The Caribbean country of Jamaica accounted for the highest household electricity price on the continent, after Guatemala and Uruguay, at **** U.S. dollars per kilowatt-hour. In comparison, the residential electricity price in the United States amounted to approximately **** U.S. dollars per kilowatt-hour, like in Brazil. Global electricity prices After recovering from the global energy crisis, global electricity prices fell in most countries worldwide. The wildest price spikes occurred in countries that heavily rely on fossil fuels and energy imports, like the European countries. In some cases, price caps set by governmental institutions kept domestic electricity prices under a certain threshold, such as in Brazil.

  19. T

    Turkmenistan TM: Industry Electricity Price: USD per kWh

    • ceicdata.com
    + more versions
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    CEICdata.com, Turkmenistan TM: Industry Electricity Price: USD per kWh [Dataset]. https://www.ceicdata.com/en/turkmenistan/environmental-environmental-policy-taxes-and-transfers-non-oecd-member-annual/tm-industry-electricity-price-usd-per-kwh
    Explore at:
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2019 - Dec 1, 2020
    Area covered
    Turkmenistan
    Description

    Turkmenistan TM: Industry Electricity Price: USD per kWh data was reported at 0.010 USD/kWh in 2020. This records a decrease from the previous number of 0.020 USD/kWh for 2019. Turkmenistan TM: Industry Electricity Price: USD per kWh data is updated yearly, averaging 0.015 USD/kWh from Dec 2019 (Median) to 2020, with 2 observations. The data reached an all-time high of 0.020 USD/kWh in 2019 and a record low of 0.010 USD/kWh in 2020. Turkmenistan TM: Industry Electricity Price: USD per kWh data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Turkmenistan – Table TM.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non OECD Member: Annual.

  20. Switzerland CH: Industry Electricity Price: USD per kWh

    • ceicdata.com
    Updated Feb 15, 2025
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    CEICdata.com (2025). Switzerland CH: Industry Electricity Price: USD per kWh [Dataset]. https://www.ceicdata.com/en/switzerland/environmental-environmental-policy-taxes-and-transfers-oecd-member-annual/ch-industry-electricity-price-usd-per-kwh
    Explore at:
    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2010 - Dec 1, 2021
    Area covered
    Switzerland
    Description

    Switzerland Industry Electricity Price: USD per kWh data was reported at 0.110 USD/kWh in 2021. This records an increase from the previous number of 0.100 USD/kWh for 2020. Switzerland Industry Electricity Price: USD per kWh data is updated yearly, averaging 0.105 USD/kWh from Dec 1990 (Median) to 2021, with 32 observations. The data reached an all-time high of 0.160 USD/kWh in 1994 and a record low of 0.090 USD/kWh in 2009. Switzerland Industry Electricity Price: USD per kWh data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Switzerland – Table CH.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: OECD Member: Annual.

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Statista (2025). Global household electricity prices 2025, by country [Dataset]. https://www.statista.com/statistics/263492/electricity-prices-in-selected-countries/
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Global household electricity prices 2025, by country

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160 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Aug 11, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
Mar 2025
Area covered
Worldwide
Description

Ireland, Italy, and Germany had some of the highest household electricity prices worldwide, as of March 2025. At the time, Irish households were charged around 0.45 U.S. dollars per kilowatt-hour, while in Italy, the price stood at 0.43 U.S. dollars per kilowatt-hour. By comparison, in Russia, residents paid almost 10 times less. What is behind electricity prices? Electricity prices vary widely across the world and sometimes even within a country itself, depending on factors like infrastructure, geography, and politically determined taxes and levies. For example, in Denmark, Belgium, and Sweden, taxes constitute a significant portion of residential end-user electricity prices. Reliance on fossil fuel imports Meanwhile, thanks to their great crude oil and natural gas production output, countries like Iran, Qatar, and Russia enjoy some of the cheapest electricity prices in the world. Here, the average household pays less than 0.1 U.S. dollars per kilowatt-hour. In contrast, countries heavily reliant on fossil fuel imports for electricity generation are more vulnerable to market price fluctuations.

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