The average wholesale electricity price in August 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.
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.
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Monthly average retail electricity prices by state from EIA (Residential, Commercial, All Sectors).
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Germany Electricity decreased 35.53 EUR/MWh or 30.70% 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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Italy Electricity decreased 22.97 EUR/MWh or 16.68% 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.
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.
Electricity prices in Europe are expected to remain volatile through 2025, with Italy projected to have some of the highest rates among major European economies. This trend reflects the ongoing challenges in the energy sector, including the transition to renewable sources and the impact of geopolitical events on supply chains. Despite efforts to stabilize the market, prices in countries like Italy are forecast to reach ****** euros per megawatt hour by February 2025, indicating persistent pressure on consumers and businesses alike. Natural gas futures shaping electricity costs The electricity market's future trajectory is closely tied to natural gas prices, a key component in power generation. Dutch TTF gas futures, a benchmark for European natural gas prices, are projected to be ***** euros per megawatt hour in July 2025. The reduced output from the Groningen gas field and increased reliance on imports further complicate the pricing landscape, potentially contributing to higher electricity costs in countries like Italy. Regional disparities and global market influences While European electricity prices remain high, significant regional differences persist. For instance, natural gas prices in the United States are expected to be roughly one-third of those in Europe by March 2025, at **** U.S. dollars per million British thermal units. This stark contrast highlights the impact of domestic production capabilities on global natural gas prices. Europe's greater reliance on imports, particularly in the aftermath of geopolitical tensions and the shift away from Russian gas, continues to keep prices elevated compared to more self-sufficient markets. As a result, countries like Italy may face sustained pressure on electricity prices due to their position within the broader European energy market.
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France Electricity decreased 11.10 EUR/MWh or 15.89% 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.
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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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.
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US Energy Secretary identifies surging electricity prices as a top concern, with a 10% increase already seen and a further 5.8% rise projected, driven by high demand from data centers and manufacturing.
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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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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.
This dataset is restricted, for more information please contact the author. Data were collected from multiple sources:The Electricity & Co-Generation Regulatory AuthoritySaudi Electricity companyWeb news article (2015, December 28). Increase of Fuel, Electricity and Water prices. Retrieved from https://akhbaar24.argaam.com/article/detail/255091accessed on March 22, 2018.In October 1984, the government adopted a Tariff that increased with increasing consumption. The changes of Tariffs started in November 1984.Tariff approved by Council of Ministries 170 and become effective in October 2000. This Tariff remained effective for approximately ten years The residential, agricultural, mosques, and charitable societies remained unchanged till 2018In 2010, a new tariff for government, commercial, and industrial consumption came into force, this was adopted by a decision of ECRA's board, to set tariffs for non-residential consumption with an upper limit of SR0.26/kWh.In 2015, the total value of electricity consumed by the residential sector was worth about 38 billion U.S. dollars.In 2018, the Council of Ministers has approved gradual revision of energy prices in the Kingdom including changes to electricity tariffs effective from Jan. 1. 2018, the Electricity and Cogeneration Regulatory Authority (ECRA) announced that new prices will take effect on January 1st, 2018.source: ECRACitation: Alghamdi, Abeer. 2018. “Changes in Saudi Arabia Electricity Prices.” [dataset]. https://datasource.kapsarc.org/explore/dataset/electricity-prices-in-saudi-arabia/information/.
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Egypt Electricity Price: Residential: 201-350 kWh data was reported at 55.000 0.01 EGP/kWh in 2017. This records an increase from the previous number of 42.000 0.01 EGP/kWh for 2016. Egypt Electricity Price: Residential: 201-350 kWh data is updated yearly, averaging 16.000 0.01 EGP/kWh from Jun 2008 (Median) to 2017, with 9 observations. The data reached an all-time high of 55.000 0.01 EGP/kWh in 2017 and a record low of 16.000 0.01 EGP/kWh in 2012. Egypt Electricity Price: Residential: 201-350 kWh data remains active status in CEIC and is reported by Ministry of Electricity and Energy. The data is categorized under Global Database’s Egypt – Table EG.P009: Electricity Price.
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View monthly updates and historical trends for Illinois Electric Utility Retail Price. Source: Energy Information Administration. Track economic data with…
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Graph and download economic data for Global price of Energy index (PNRGINDEXM) from Jan 1992 to Jun 2025 about energy, World, indexes, and price.
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Graph and download economic data for Average Price: Electricity per Kilowatt-Hour in Minneapolis-St. Paul-Bloomington, MN-WI (CBSA) (APUS24A72610) from Nov 1978 to Dec 2024 about Minneapolis, electricity, energy, MN, WI, urban, retail, price, and USA.
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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.
In 2022, the average end-use electricity price in the United States stood at around 12.2 U.S. cents per kilowatt-hour. This figure is projected to decrease in the coming three decades, to reach some 11 U.S. cents per kilowatt-hour by 2050.
The average wholesale electricity price in August 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.