Industrial consumers of electricity in the United States paid an average of 8.06 U.S. dollar cents per kilowatt-hour in 2023. This figure marked a decrease compared to the previous year, when prices peaked at 8.3 U.S. dollar cents per kilowatt-hour.
Electricity prices for industries in the United States increased over the past few years, peaking in summer 2022. Industrial electricity prices amounted to 7.95 U.S. cents per kilowatt-hour in May 2024, up from 7.82 U.S. dollar cents per kilowatt-hour the previous month. The average retail electricity price for industrial consumers in the United States stood at 8.06 U.S. dollar cents per kilowatt-hour in 2023.
In March 2024, industrial electricity prices in the European countries of Poland, Italy, and the United Kingdom were among the highest in the world, at over 0.40 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 0.1 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.
Annual data on the average price of retail electricity to consumers. Data organized by U.S. state and by provider, i.e., total electric industry, full-service providers, restructured retail service providers, energy-only providers, and delivery-only service. Annual time series extend back to 1990. Based on Form EIA-861 data.
Industrial electricity prices including electricity tax reached 16.69 cents per kilowatt-hour in Germany, as of December 2024. Figures fluctuated during the specified timeline. The largest share of industrial electricity costs was due to energy procurement, network charges and distribution.
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Graph and download economic data for Producer Price Index by Industry: Electric Power Generation, Transmission, and Distribution (PCU22112211) from Dec 2003 to Feb 2025 about power transmission, distributive, electricity, PPI, industry, inflation, price index, indexes, price, and USA.
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Israel IL: Industry Electricity Price: USD per kWh data was reported at 0.090 USD/kWh in 2021. This records an increase from the previous number of 0.080 USD/kWh for 2020. Israel IL: Industry Electricity Price: USD per kWh data is updated yearly, averaging 0.090 USD/kWh from Dec 1994 (Median) to 2021, with 28 observations. The data reached an all-time high of 0.120 USD/kWh in 2008 and a record low of 0.080 USD/kWh in 2020. Israel IL: 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 Israel – Table IL.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: OECD Member: Annual.
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Have timely access to reliable Electricity price assessments in Netherlands:
Each assessment includes Electricity price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.
Electricity price assessments for Netherlands and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.
In 2022, industrial electricity prices were highest in the state of Hawaii, located offshore the Pacific coast of the United States. In Hawaii, electricity prices for industries amounted to 36.71 U.S. dollar cents per kilowatt-hour that year. Alaska, Rhode Island, and Massachusetts followed with roughly 18 U.S. dollar cents per kilowatt-hour each. Hawaii accounted for the highest residential electricity price in the U.S., as well.
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United States EIA Forecast: Electricity Price: Retail: Commercial Sector data was reported at 10.525 0.01 USD/kWh in Dec 2019. This records a decrease from the previous number of 10.693 0.01 USD/kWh for Nov 2019. United States EIA Forecast: Electricity Price: Retail: Commercial Sector data is updated monthly, averaging 10.623 0.01 USD/kWh from Mar 2016 (Median) to Dec 2019, with 46 observations. The data reached an all-time high of 11.168 0.01 USD/kWh in Sep 2019 and a record low of 9.844 0.01 USD/kWh in Jan 2017. United States EIA Forecast: Electricity Price: Retail: Commercial Sector data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P003: Energy Price: Forecast: Energy Information Administration.
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Morocco MA: Industry Electricity Price: USD per kWh data was reported at 0.260 USD/kWh in 2017. This stayed constant from the previous number of 0.260 USD/kWh for 2016. Morocco MA: Industry Electricity Price: USD per kWh data is updated yearly, averaging 0.240 USD/kWh from Dec 2006 (Median) to 2017, with 12 observations. The data reached an all-time high of 0.260 USD/kWh in 2017 and a record low of 0.240 USD/kWh in 2014. Morocco MA: 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 Morocco – Table MA.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non OECD Member: Annual.
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Have timely access to reliable Electricity price assessments in Belgium:
Each assessment includes Electricity price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.
Electricity price assessments for Belgium and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.
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Have timely access to reliable Electricity price assessments in Finland:
Each assessment includes Electricity price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.
Electricity price assessments for Finland and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.
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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.
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Germany Electricity decreased 21.39 EUR/MWh or 18.48% since the beginning of 2025, according to the latest spot benchmarks offered by sellers to buyers priced in megawatt hour (MWh). This dataset includes a chart with historical data for Germany Electricity Price.
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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.
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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.
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Have timely access to reliable Electricity price assessments in Russia:
Each assessment includes Electricity price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.
Electricity price assessments for Russia and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.
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Have timely access to reliable Electricity price assessments in Spain:
Each assessment includes Electricity price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.
Electricity price assessments for Spain and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.
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This table shows the average prices paid for natural gas and electricity. The total prices represent the sum of energy supply prices and network prices.
The total price is the price paid by an end-user, for instance a household or an industrial company consuming energy in their production process. Natural gas used for non-energy purposes or for electricity generation is excluded from the data.
The price cap set by the Dutch government for 2023 has now been incorporated into the prices.
Data available from: 1st semester of 2009
Status of the figures: The figures in this table are provisional for the two most recent semesters, and the annual figures follow the status of the second semester of the relevant reporting year. The remaining figures are final.
Changes as of September 30: Figures for the first half of 2024 have been added.
When will new figures be published? New provisional figures will be published three months after the semesters end, at the end of September and at the end of March.
Industrial consumers of electricity in the United States paid an average of 8.06 U.S. dollar cents per kilowatt-hour in 2023. This figure marked a decrease compared to the previous year, when prices peaked at 8.3 U.S. dollar cents per kilowatt-hour.