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.

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.

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.

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

This dataset provides values for ENERGY PRICES. 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 Apr 2025 about electricity, energy, retail, price, and USA.

This dataset provides values for ENERGY PRICES. reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Household electricity prices vary greatly across the world. In 2023, 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. The European countries of Italy and Germany saw their residential electricity prices surpass 0.55 U.S. dollars per kilowatt-hour during the 2022 energy crisis.

This dataset provides values for ENERGY PRICES. reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

In April 2025, Denmark had the highest average day-ahead electricity price among Nordic countries, amounting to 75.71 euros per megawatt-hour. Over the past few years, electricity prices soared in the Nordic region, the result of a global energy crisis that affected fossil fuels and electricity prices.

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

CN: Usage Price: Electricity for Industry: 35 kV & Above: Guiyang data was reported at 0.560 RMB/kWh in Mar 2025. This stayed constant from the previous number of 0.560 RMB/kWh for Feb 2025. CN: Usage Price: Electricity for Industry: 35 kV & Above: Guiyang data is updated monthly, averaging 0.610 RMB/kWh from Jan 2003 (Median) to Mar 2025, with 263 observations. The data reached an all-time high of 0.700 RMB/kWh in Dec 2019 and a record low of 0.397 RMB/kWh in Mar 2003. CN: Usage Price: Electricity for Industry: 35 kV & Above: Guiyang data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PH: Electricity Price: 36 City.

Get the latest insights on price movement and trend analysis of Electricity in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Comprehensive dataset of electricity prices across countries and regions worldwide, updated regularly with current rates.

CN: Usage Price: Electricity for Industry: 35 kV & Above: Jinan data was reported at 0.750 RMB/kWh in Mar 2025. This stayed constant from the previous number of 0.750 RMB/kWh for Feb 2025. CN: Usage Price: Electricity for Industry: 35 kV & Above: Jinan data is updated monthly, averaging 0.690 RMB/kWh from Jan 2003 (Median) to Mar 2025, with 265 observations. The data reached an all-time high of 0.790 RMB/kWh in Mar 2015 and a record low of 0.557 RMB/kWh in Apr 2005. CN: Usage Price: Electricity for Industry: 35 kV & Above: Jinan data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PH: Electricity Price: 36 City.

CN: Usage Price: Electricity for Industry: 35 kV & Above: Beijing data was reported at 0.800 RMB/kWh in Mar 2025. This stayed constant from the previous number of 0.800 RMB/kWh for Feb 2025. CN: Usage Price: Electricity for Industry: 35 kV & Above: Beijing data is updated monthly, averaging 0.750 RMB/kWh from Jan 2003 (Median) to Mar 2025, with 263 observations. The data reached an all-time high of 0.820 RMB/kWh in Feb 2024 and a record low of 0.560 RMB/kWh in May 2004. CN: Usage Price: Electricity for Industry: 35 kV & Above: Beijing data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PH: Electricity Price: 36 City.