The average retail price of electricity for households has risen steadily in the United States, reaching a peak of around 16.48 cents per kilowatt-hour in 2024. In the U.S., electricity prices tend to reflect base overnight costs for power plants, their maintenance, fuel costs, and the operation of power grids. How electricity rates differ across states in the U.S. The price of electricity varies widely across states. Hawaii has continuously had one of the highest rates and Washington one of the lowest. In Hawaii, the power sector is largely reliant on petroleum and diesel generators. Crude oil is a comparatively expensive fuel and prices tend to be volatile, driving up overall electricity prices. Meanwhile, electricity prices are low in states which use hydropower as the main source of electricity, as Washington. In the U.S., costs of electricity are greatly shaped by the primary power source used per state. Maintaining the power grid In addition to primary fuel purchases, the costs required to operate and maintain transmission and distribution systems also impact the prices that a household pays. In 2023, power utilities reported a peak in grid operating expenses, with transmission-related costs reaching 15.8 billion U.S. dollars and 6.4 billion U.S. dollars invested in distribution networks.

The average wholesale electricity price in September 2025 in the United Kingdom is forecast to amount to*******British pounds per megawatt-hour, a decrease from the previous month. A record high was reached in August 2022 when day-ahead baseload contracts averaged ***** British pounds per megawatt-hour. Electricity price stabilization in Europe Electricity prices increased in 2024 compared to the previous year, when prices stabilized after the energy supply shortage. Price spikes were driven by the growing wholesale prices of natural gas and coal worldwide, which are among the main sources of power in the region.

… and in the United Kingdom? The United Kingdom was one of the countries with the highest electricity prices worldwide during the energy crisis. Since then, prices have been stabilizing, almost to pre-energy crisis levels. The use of nuclear, wind, and bioenergy for electricity generation has been increasing recently. The fuel types are an alternative to fossil fuels and are part of the country's power generation plans going into the future.

Germany Electricity decreased 24.94 EUR/MWh or 21.55% 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.

France Electricity decreased 13.25 EUR/MWh or 18.97% 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.

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.

Graph and download economic data for Average Price: Electricity per Kilowatt-Hour in Chicago-Naperville-Elgin, IL-IN-WI (CBSA) (APUS23A72610) from Nov 1978 to Dec 2024 about Chicago, electricity, WI, IN, energy, IL, urban, retail, price, and USA.

Italy Electricity decreased 10.98 EUR/MWh or 7.97% 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.

Graph and download economic data for Global price of Energy index (PNRGINDEXM) from Jan 1992 to Jun 2025 about energy, World, indexes, and price.

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.

View yearly updates and historical trends for Ohio Electric Utility Retail Price. Source: Energy Information Administration. Track economic data with YCha…

In 2024, the global average of the levelized cost of electricity (LCOE) produced from onshore wind plants reached 34 U.S. dollars per megawatt-hour generated. This energy source accounted for the smallest LCOE that year, while nuclear energy had the highest.

Poland - Electricity prices: Medium size households was EUR0.21 Kilowatt-hour in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Poland - Electricity prices: Medium size households - last updated from the EUROSTAT on October of 2025. Historically, Poland - Electricity prices: Medium size households reached a record high of EUR0.21 Kilowatt-hour in December of 2024 and a record low of EUR0.13 Kilowatt-hour in December of 2016.

This dataset presents a unified, cross-continental time-series day-ahead electricity prices compiled from major wholesale markets across Asia, Europe, North America, South America, and Oceania. The dataset offers a standardized format that supports time-series forecasting and enables robust comparative analysis across diverse global electricity markets.

Graph and download economic data for Average Price: Electricity per Kilowatt-Hour in Detroit-Warren-Dearborn, MI (CBSA) (APUS23B72610) from Nov 1978 to Oct 2024 about Detroit, electricity, MI, energy, urban, retail, price, and USA.

View yearly updates and historical trends for Oregon Electric Utility Retail Price. Source: Energy Information Administration. Track economic data with YC…

Graph and download economic data for Average Price: Electricity per Kilowatt-Hour in Urban Hawaii (CBSA) (APUS49F72610) from Nov 1978 to Dec 2024 about HI, electricity, energy, urban, retail, price, and USA.

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.

Industrial consumers of electricity in the United States paid an average of 8.15 U.S. dollar cents per kilowatt-hour in 2024. This was an increase compared to the previous year, when prices peaked at 8.3 U.S. dollar cents per kilowatt-hour. Prices are forecast to increase further to 8.32 U.S. dollar cents per kilowatt-hour by the end of 2025.

Indonesia Electricity: Average Price: Total data was reported at 1,123.010 IDR/kWh in 2018. This records an increase from the previous number of 1,105.110 IDR/kWh for 2017. Indonesia Electricity: Average Price: Total data is updated yearly, averaging 628.140 IDR/kWh from Dec 1994 (Median) to 2018, with 25 observations. The data reached an all-time high of 1,123.010 IDR/kWh in 2018 and a record low of 154.280 IDR/kWh in 1994. Indonesia Electricity: Average Price: Total data remains active status in CEIC and is reported by State Electricity Company. The data is categorized under Global Database’s Indonesia – Table ID.RBH001: Average Price: Electricity.