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.

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.

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.

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.

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.

Middle Eastern and African countries had the cheapest electricity prices worldwide in December 2024. Namely, the electricity price for Iran's households was only 0.4 U.S. cents per kilowatt-hour of electricity. Ethiopia, Syria, Cuba, and Sudan also had some of the lowest electricity prices worldwide that month.

Data showing electricity costs per kilowatt-hour across 146 countries in 2025

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

A table listing the average electricity rates (kWh) of all 50 U.S. states as of March 2025.

Jordan JO: 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. Jordan JO: Industry Electricity Price: USD per kWh data is updated yearly, averaging 0.215 USD/kWh from Dec 2012 (Median) to 2021, with 10 observations. The data reached an all-time high of 0.230 USD/kWh in 2015 and a record low of 0.190 USD/kWh in 2013. Jordan JO: 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 Jordan – Table JO.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non OECD Member: Annual.

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

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.

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

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 2024, Ireland recorded the highest electricity prices in the European Union for non-household consumers, with prices of 20.69 and 25.56 euro cents per kilowatt-hour for annual consumption levels of 20,000 to 70,000 megawatt-hours and 500 and 2,000 megawatt-hours, respectively. Finland recorded the lowest prices in the same period.

New Zealand NZ: Industry Electricity Price: USD per kWh data was reported at 0.090 USD/kWh in 2023. This stayed constant from the previous number of 0.090 USD/kWh for 2022. New Zealand NZ: Industry Electricity Price: USD per kWh data is updated yearly, averaging 0.070 USD/kWh from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 0.100 USD/kWh in 2021 and a record low of 0.060 USD/kWh in 2001. New Zealand NZ: 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 New Zealand – Table NZ.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: OECD Member: Annual.

Comparison of average electricity prices for residential and industrial use in various countries

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.

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.