Electricity prices for industries in the United States increased over the past few years, peaking in summer 2022. Industrial electricity prices amounted to **** U.S. cents per kilowatt-hour in May 2024, up from **** U.S. dollar cents per kilowatt-hour the previous month. The average retail electricity price for industrial consumers in the United States stood at **** U.S. dollar cents per kilowatt-hour in 2023.
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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.
Household electricity prices in the United Kingdom averaged 22.03 euro cents per kilowatt-hour (kWh) in the first half of 2020. Over the past decade, household electricity prices have seen an overall increase, peaking at 22.10 euro cents per kWh in the second half of 2019. On average, the UK pays some of the highest electricity prices in Europe. Annual electricity billsIn 2019, the average annual domestic electricity bill for those with an electricity consumption of up to 3,800 kWh was 608 British pounds. In comparison, those with a consumption of 6,000 kWh paid 837 British pounds. Payment methods also affect electricity bills, with consumers who used prepayment paying the least. In 1970, the overall expenditure on electricity by all end users in the UK amounted to 1.5 billion British pounds. This increased significantly in the following decades and amounted to nearly 38 billion pounds by 2018.
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Pakistan PK: Residential Electricity Price: USD per kWh data was reported at 0.300 USD/kWh in 2020. This records an increase from the previous number of 0.280 USD/kWh for 2019. Pakistan PK: Residential Electricity Price: USD per kWh data is updated yearly, averaging 0.290 USD/kWh from Dec 2014 (Median) to 2020, with 7 observations. The data reached an all-time high of 0.330 USD/kWh in 2015 and a record low of 0.270 USD/kWh in 2018. Pakistan PK: 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 Pakistan – Table PK.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non OECD Member: Annual.
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Bulgaria BG: Industry Electricity Price: USD per kWh data was reported at 0.340 USD/kWh in 2021. This records an increase from the previous number of 0.260 USD/kWh for 2020. Bulgaria BG: Industry Electricity Price: USD per kWh data is updated yearly, averaging 0.290 USD/kWh from Dec 2007 (Median) to 2021, with 15 observations. The data reached an all-time high of 0.340 USD/kWh in 2021 and a record low of 0.260 USD/kWh in 2020. Bulgaria BG: 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 Bulgaria – Table BG.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non OECD Member: Annual.
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.
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A comprehensive dataset of average residential, commercial, and combined electricity rates in cents per kWh for all 50 U.S. states.
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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.
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Philippines PH: Industry Electricity Price: USD per kWh data was reported at 0.420 USD/kWh in 2020. This records a decrease from the previous number of 0.480 USD/kWh for 2019. Philippines PH: Industry Electricity Price: USD per kWh data is updated yearly, averaging 0.500 USD/kWh from Dec 2010 (Median) to 2020, with 11 observations. The data reached an all-time high of 0.600 USD/kWh in 2012 and a record low of 0.420 USD/kWh in 2020. Philippines PH: 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 Philippines – Table PH.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non OECD Member: Annual.
A table listing the average electricity rates (kWh) of all 50 U.S. states as of March 2025.
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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.
Electricity prices for businesses in Mexico amounted to 20.5 U.S. dollar cents per kilowatt-hour in September 2024. Business electricity prices have increased steadily in the country since the end of 2020, when they were at 15.3 U.S. dollar cents per kilowatt-hour. By comparison, household electricity prices in Mexico were lower, amounting to approximately 11 U.S. dollar cents per kilowatt-hour as of the last quarter of 2023.
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Germany Electricity decreased 30 EUR/MWh or 25.92% 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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Ukraine UA: Residential Electricity Price: USD per kWh data was reported at 0.140 USD/kWh in 2021. This records an increase from the previous number of 0.130 USD/kWh for 2020. Ukraine UA: Residential Electricity Price: USD per kWh data is updated yearly, averaging 0.145 USD/kWh from Dec 2016 (Median) to 2021, with 6 observations. The data reached an all-time high of 0.180 USD/kWh in 2017 and a record low of 0.130 USD/kWh in 2020. Ukraine UA: 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 Ukraine – Table UA.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non OECD Member: Annual.
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Italy Electricity decreased 24.34 EUR/MWh or 17.67% 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.
The retail price for electricity in the United States stood at an average of ***** U.S. dollar cents per kilowatt-hour in 2024. This is the highest figure reported in the indicated period. Nevertheless, the U.S. still has one of the lowest electricity prices worldwide. As a major producer of primary energy, energy prices are lower than in countries that are more reliant on imports or impose higher taxes. Regional variations and sector disparities The impact of rising electricity costs across U.S. states is not uniform. Hawaii stands out with the highest household electricity price, reaching a staggering ***** U.S. cents per kilowatt-hour in September 2024. This stark contrast is primarily due to Hawaii's heavy reliance on imported oil for power generation. On the other hand, states like Utah benefit from lower rates, with prices around **** U.S. cents per kilowatt-hour. Regarding U.S. prices by sector, residential customers have borne the brunt of price increases, paying an average of ***** U.S. cents per kilowatt-hour in 2023, significantly more than commercial and industrial sectors. Factors driving price increases Several factors contribute to the upward trend in electricity prices. The integration of renewable energy sources, investments in smart grid technologies, and rising peak demand all play a role. Additionally, the global energy crisis of 2022 and natural disasters affecting power infrastructure have put pressure on the electric utility industry. The close connection between U.S. electricity prices and natural gas markets also influences rates, as domestic prices are affected by higher-paying international markets. Looking ahead, projections suggest a continued increase in electricity prices, with residential rates expected to grow by *** percent in 2024, driven by factors such as increased demand and the ongoing effects of climate change.
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UK Electricity decreased 30.30 GBP/MWh or 29.58% 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.
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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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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.
Electricity prices for industries in the United States increased over the past few years, peaking in summer 2022. Industrial electricity prices amounted to **** U.S. cents per kilowatt-hour in May 2024, up from **** U.S. dollar cents per kilowatt-hour the previous month. The average retail electricity price for industrial consumers in the United States stood at **** U.S. dollar cents per kilowatt-hour in 2023.