Germany, Belgium, and Ireland had some of the highest household electricity prices worldwide, as of June 2024. At the time, German households were charged around 0.39 U.S. dollars per kilowatt-hour, while in Belgium, the price stood at 0.37 U.S. dollars per kilowatt-hour. By comparison, in Qatar, residents paid more than 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. The top importers of natural gas in Europe in 2023 were Germany and Italy, where this energy source constitutes a relevant share of the power mix.

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.

Germany's electricity prices have experienced an increase in the latter half of 2024 and the beginning of 2025, reaching an average of 140.42 euros per megawatt-hour in February 2025. This marks a notable decrease from the record high of over 469 euros per megawatt-hour in August 2022, yet remains above pre-pandemic levels. The ongoing volatility in energy prices continues to impact German households and businesses, reflecting broader trends across Europe's energy landscape. Electricity price recovery German electricity prices began recovering back to pre-energy crisis levels in 2024, a period driven by a complex interplay of factors, including increased heating demand, reduced wind power generation, and water scarcity affecting hydropower production. The rise in natural gas and coal prices, exacerbated by the economic recovery post-COVID-19 and the Ukraine conflict, further contributed to the spike. Despite Germany's progress in renewable energy sources, with over 50 percent of gross electricity generated from renewable sources in 2023, the country still relies heavily on fossil fuels. Coal and natural gas accounted for approximately 40 percent of the energy mix, making Germany vulnerable to fluctuations in global fuel prices. Impact on consumers and future outlook The volatility in electricity prices has directly impacted German consumers. As of April 1, 2024, households with basic supplier contracts were paying around 46 cents per kilowatt-hour, making it the most expensive option compared to other providers or special contracts. The breakdown of household electricity prices in 2023 showed that supply and margin, along with energy procurement, constituted the largest controllable components, amounting to 40.6 and 11.6 euro cents per kilowatt-hour, respectively. While prices have decreased since the 2022 peak, they remain higher than pre-crisis levels, underscoring the ongoing challenges in Germany's energy sector as it continues its transition towards renewable sources.

Have timely access to reliable Electricity price assessments in Italy:

• Electricity, industrial sector, Italy, including generation, transmission, and distribution costs (power consumption of 70,000-150,000 MWh/year)
• Electricity, household, Italy, Rome, average consumption, including taxes

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 Italy and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.

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.

The Utility Rate Database (URDB) is a free storehouse of rate structure information from utilities in the United States. Here, you can search for your utilities and rates to find out exactly how you are charged for your electric energy usage. Understanding this information can help reduce your bill, for example, by running your appliances during off-peak hours (times during the day when electricity prices are less expensive) and help you make more informed decisions regarding your energy usage.

Rates are also extremely important to the energy analysis community for accurately determining the value and economics of distributed generation such as solar and wind power. In the past, collecting rates has been an effort duplicated across many institutions. Rate collection can be tedious and slow, however, with the introduction of the URDB, OpenEI aims to change how analysis of rates is performed. The URDB allows anyone to access these rates in a computer-readable format for use in their tools and models. OpenEI provides an API for software to automatically download the appropriate rates, thereby allowing detailed economic analysis to be done without ever having to directly handle complex rate structures. Essentially, rate collection and processing that used to take weeks or months can now be done in seconds!

NREL’s System Advisor Model (formerly Solar Advisor Model or SAM), currently has the ability to communicate with the OpenEI URDB over the internet. SAM can download any rate from the URDB directly into the program, thereby enabling users to conduct detailed studies on various power systems ranging in size from a small residential rooftop solar system to large utility scale installations. Other applications available at NREL, such as OpenPV and IMBY, will also utilize the URDB data.

Upcoming features include better support for entering net metering parameters, maps to summarize the data, geolocation capabilities, and hundreds of additional rates!

Italy Electricity decreased 10.78 EUR/MWh or 7.83% 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 Italy Electricity Price.

Have timely access to reliable Electricity price assessments in Chile:

• Electricity, industrial sector, Chile, including generation, transmission, and distribution costs
• Electricity, household, Chile, for consumption up to 200 kWh/month

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 Chile and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.

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.

Brazil Energy: Average Current Prices: Source: Electricity: Industry data was reported at 268.117 USD/BOE in 2023. This records an increase from the previous number of 261.376 USD/BOE for 2022. Brazil Energy: Average Current Prices: Source: Electricity: Industry data is updated yearly, averaging 93.215 USD/BOE from Dec 1973 (Median) to 2023, with 51 observations. The data reached an all-time high of 300.176 USD/BOE in 2015 and a record low of 36.812 USD/BOE in 1973. Brazil Energy: Average Current Prices: Source: Electricity: Industry data remains active status in CEIC and is reported by Ministry of Mining and Energy. The data is categorized under Global Database’s Brazil – Table BR.PE001: Average Current and Constant Price. In order to keep the series, is adopted boe based on higher heating value of the source.

Have timely access to reliable Electricity price assessments in United States:

• Electricity, industrial sector, United States, including generation, transmission, and distribution costs
• Electricity, household, United States

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 United States and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.

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.

Spain Electricity decreased 81.27 EUR/MWh or 59.82% 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 Spain Electricity Price.

Household electricity prices in China amounted to 7.5 U.S. dollar cents per kilowatt-hour in June 2024. Residential electricity prices increased steadily in the country from September 2020 to September 2021, when it reached 9.3 U.S. dollar cents per kilowatt-hour, and decreased to less than eight U.S. dollar cents per kilowatt-hour in the following months. Growing demand for affordable electricity Through China’s decades of industrialization, increasing power demand has been a constant factor, and policymakers and utility companies have had to balance it with affordability for a population with a relatively low per capita income. Keeping residential electricity prices at a low level is vital, given that many depend on air conditioning in China’s harsh summer months. However, with China’s ongoing electrification of private and public transportation, the demand for electricity will only increase. From black coal to sustainable green The history of the electricity industry is one of constant change and adaptation. Despite its size, China is not rich in energy resources. With coal being the only available fuel, it has supplied electricity to 1.4 billion people and an economy that has undergone incredible growth in the past four decades. However, the reliance on coal has left behind a black legacy of high carbon emissions and severe air pollution. With the highest investments in renewables worldwide, China attempts to transform its energy industry into a sustainable future.

France Electricity decreased 6.42 EUR/MWh or 9.19% 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 France Electricity Price.

UK Electricity decreased 15.90 GBP/MWh or 15.52% 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 the United Kingdom Electricity Price.

Brazil Energy: Average Current Prices: Source: Electricity: Residence data was reported at 292.638 USD/BOE in 2023. This records an increase from the previous number of 286.081 USD/BOE for 2022. Brazil Energy: Average Current Prices: Source: Electricity: Residence data is updated yearly, averaging 174.998 USD/BOE from Dec 1973 (Median) to 2023, with 51 observations. The data reached an all-time high of 425.677 USD/BOE in 2011 and a record low of 62.328 USD/BOE in 1985. Brazil Energy: Average Current Prices: Source: Electricity: Residence data remains active status in CEIC and is reported by Ministry of Mining and Energy. The data is categorized under Global Database’s Brazil – Table BR.PE001: Average Current and Constant Price. In order to keep the series, is adopted boe based on higher heating value of the source.

Have timely access to reliable Electricity price assessments in Netherlands:

• Electricity, industrial sector, Netherlands, including generation, transmission, and distribution costs (power consumption of 70,000-150,000 MWh/year)
• Electricity, household, Netherlands, Amsterdam, average consumption, including taxes

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.

Have timely access to reliable Electricity price assessments in Germany:

• Electricity, industrial sector, Germany, including generation, transmission, and distribution costs (power consumption of 70,000-150,000 MWh/year)
• Electricity, household, Germany, Berlin, average consumption, including taxes

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 Germany and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.

Have timely access to reliable Electricity price assessments in Finland:

• Electricity, industrial sector, Finland, including generation, transmission, and distribution costs (power consumption of 70,000-150,000 MWh/year)
• Electricity, household, Finland, Helsinki, average consumption, including taxes

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.