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.

As of March 2024, Australia had the highest electricity price for households in the Asia-Pacific region, at about 0.26 U.S. dollars per kilowatt-hour. Singapore had the second-highest electricity price, with households paying around 0.24 U.S. dollars per kilowatt-hour.

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.

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.

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.

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.

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.

South Korea Residential Electricity Price: USD per kWh data was reported at 0.180 USD/kWh in 2023. This records an increase from the previous number of 0.150 USD/kWh for 2022. South Korea Residential Electricity Price: USD per kWh data is updated yearly, averaging 0.160 USD/kWh from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 0.180 USD/kWh in 2023 and a record low of 0.130 USD/kWh in 2021. South Korea 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 South Korea – Table KR.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: OECD Member: Annual.

Chad TD: Residential Electricity Price: USD per kWh data was reported at 0.330 USD/kWh in 2020. This records an increase from the previous number of 0.320 USD/kWh for 2019. Chad TD: Residential Electricity Price: USD per kWh data is updated yearly, averaging 0.335 USD/kWh from Dec 2015 (Median) to 2020, with 6 observations. The data reached an all-time high of 0.340 USD/kWh in 2017 and a record low of 0.320 USD/kWh in 2019. Chad TD: 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 Chad – Table TD.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non OECD Member: Annual.

India IN: Residential Electricity Price: USD per kWh data was reported at 0.220 USD/kWh in 2019. This stayed constant from the previous number of 0.220 USD/kWh for 2018. India IN: Residential Electricity Price: USD per kWh data is updated yearly, averaging 0.220 USD/kWh from Dec 2007 (Median) to 2019, with 13 observations. The data reached an all-time high of 0.240 USD/kWh in 2015 and a record low of 0.210 USD/kWh in 2009. India IN: 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 India – Table IN.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non OECD Member: Annual.

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.

In 2023, electricity prices for an annual consumption between 2,500 to 5,000 kilowatt-hours in the European Union were the highest for households in Germany. The nation's residences paid on average more than 40 euro cents per kilowatt-hour. In comparison, costs were the lowest in the Hungary, where households paid 11.5 euro cents per kilowatt-hour. Household electricity prices in the European Union averaged 28.3 euro cents per kilowatt-hour in the second half of the year.

Uruguay UY: Industry Electricity Price: USD per kWh data was reported at 0.150 USD/kWh in 2021. This stayed constant from the previous number of 0.150 USD/kWh for 2020. Uruguay UY: Industry Electricity Price: USD per kWh data is updated yearly, averaging 0.200 USD/kWh from Dec 2010 (Median) to 2021, with 12 observations. The data reached an all-time high of 0.220 USD/kWh in 2013 and a record low of 0.150 USD/kWh in 2021. Uruguay UY: 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 Uruguay – Table UY.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non OECD Member: Annual.

Benin BJ: Residential Electricity Price: USD per kWh data was reported at 0.560 USD/kWh in 2021. This records an increase from the previous number of 0.500 USD/kWh for 2020. Benin BJ: Residential Electricity Price: USD per kWh data is updated yearly, averaging 0.500 USD/kWh from Dec 2010 (Median) to 2021, with 12 observations. The data reached an all-time high of 0.560 USD/kWh in 2021 and a record low of 0.490 USD/kWh in 2019. Benin BJ: 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 Benin – Table BJ.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non OECD Member: Annual.

Iran IR: Industry Electricity Price: USD per kWh data was reported at 0.060 USD/kWh in 2016. This stayed constant from the previous number of 0.060 USD/kWh for 2015. Iran IR: Industry Electricity Price: USD per kWh data is updated yearly, averaging 0.090 USD/kWh from Dec 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 0.190 USD/kWh in 1998 and a record low of 0.050 USD/kWh in 2014. Iran IR: 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 Iran – Table IR.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non OECD Member: Annual.

Graph and download economic data for Average Price: Electricity per Kilowatt-Hour in Los Angeles-Long Beach-Anaheim, CA (CBSA) (APUS49A72610) from Nov 1978 to Dec 2024 about Los Angeles, electricity, energy, urban, CA, retail, price, and USA.

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.

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

In 2022, Denmark recorded the highest residential electricity price for users with an annual consumption of 1,000 to 2,500 kilowatt-hours within Europe, at 54.47 euro cents per kilowatt-hour. This was followed by Belgium, at 41.1 euro cents per kilowatt-hour. That same year, Denmark also had the highest electricity price for households with an annual consumption between 2,500 and 5,000 kilowatt-hours, at 52.15 euro cents per kilowatt-hour.

Turkmenistan TM: Residential 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: Residential 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: 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 Turkmenistan – Table TM.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non OECD Member: Annual.