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 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.

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

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.

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.

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.

South Korea Industry Electricity Price: USD per kWh data was reported at 0.170 USD/kWh in 2023. This records an increase from the previous number of 0.130 USD/kWh for 2022. South Korea Industry Electricity Price: USD per kWh data is updated yearly, averaging 0.100 USD/kWh from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 0.170 USD/kWh in 2023 and a record low of 0.080 USD/kWh in 1997. South Korea 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 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.

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

Greece GR: Industry Electricity Price: USD per kWh data was reported at 0.240 USD/kWh in 2021. This records an increase from the previous number of 0.170 USD/kWh for 2020. Greece GR: Industry Electricity Price: USD per kWh data is updated yearly, averaging 0.150 USD/kWh from Dec 1990 (Median) to 2021, with 30 observations. The data reached an all-time high of 0.240 USD/kWh in 2021 and a record low of 0.100 USD/kWh in 2004. Greece GR: 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 Greece – Table GR.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: OECD Member: Annual.

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.

Turkey TR: Industry Electricity Price: USD per kWh data was reported at 0.310 USD/kWh in 2021. This records a decrease from the previous number of 0.340 USD/kWh for 2020. Turkey TR: Industry Electricity Price: USD per kWh data is updated yearly, averaging 0.280 USD/kWh from Dec 1990 (Median) to 2021, with 32 observations. The data reached an all-time high of 0.380 USD/kWh in 2002 and a record low of 0.220 USD/kWh in 2007. Turkey TR: 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 Turkey – Table TR.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: OECD Member: Annual.

Tunisia TN: Industry Electricity Price: USD per kWh data was reported at 0.240 USD/kWh in 2019. This stayed constant from the previous number of 0.240 USD/kWh for 2018. Tunisia TN: Industry Electricity Price: USD per kWh data is updated yearly, averaging 0.230 USD/kWh from Dec 2005 (Median) to 2019, with 15 observations. The data reached an all-time high of 0.250 USD/kWh in 2015 and a record low of 0.200 USD/kWh in 2005. Tunisia TN: 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 Tunisia – Table TN.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non OECD Member: Annual.

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.

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.

Hawaii is the state with the highest household electricity price in the United States. In September 2024, the average retail price of electricity for Hawaiian residences amounted to 41.27 U.S. cents per kilowatt-hour. California followed in second, with 30.221 U.S. cents per kilowatt-hour. Meanwhile, Utah registered the lowest price in the period, at around 11.4 U.S. cents per kilowatt-hour. Why is electricity so expensive in Hawaii? Fossil fuels, and specifically oil, account for approximately 80 percent of Hawaii’s electricity mix, so the electricity price in this state can be roughly brought down to the price of oil in the country. Oil was by far the most expensive fossil fuel used for electricity generation in the country. As Hawaii depends on oil imports, the cost of transportation and infrastructure must be added to the oil price. Electricity prices worldwide The U.S. retail price for electricity increased almost every year since 1990. In 2023, it stood at 12.7 U.S. cents per kilowatt-hour, almost double the charge put on electricity back in 1990. However, household electricity prices are around 25 U.S. dollar cents per kilowatt-hour lower in the U.S. when compared to European countries reliant on energy imports, such as Germany and Italy.

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.

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.