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.

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.

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 forecasted 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 April 2025. This represents an increase of about ** euros compared to the previous year, suggesting that gas prices will continue to influence electricity rates across Europe. 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.

Household energy costs as a share of gross disposable income in the European Union are forecast to reach ** percent in 2023. This represents a nearly three-fold increase compared to 2021 and comes in the wake of supply disruptions following the Russia-Ukraine war. Energy prices have already increased significantly throughout 2022, with higher power and gas demand in the winter months likely to impact prices further.

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 table contains consumer prices for electricity and gas. Weighted average monthly prices are published broken down into transport rate, delivery rates and taxes, both including and excluding VAT. These prices are published on a monthly basis. The prices presented in this table were used to compile the CPI up to May 2023. Prices for newly offered contracts were collected. Contract types that are no longer offered, but have been in previous reporting periods, are imputed. The average can therefore diverge from the prices paid for energy contracts by Dutch households.

Data available from January 2018 up to May 2023.

Status of the figures: The figures are definitive.

Changes as of 17 July 2023: This table will no longer be updated. Due to a change in the underlying data and accompanying method for calculcating average energy prices, a new table was created. See paragraph 3.

Changes as of 13 February: Average delivery rates are not shown in this table from January 2023 up to May 2023. With the introduction of the price cap, the average energy rates (delivery rates) of fixed and variable energy contracts together remained useful for calculating a development for the CPI. However, as a pricelevel, they are less useful. Average energy prices from January 2023 up to May 2023 are published in a customized table. In this publication, only data concerning new variable contracts are taken into account

When will new figures be published? Does not apply.

The average wholesale electricity price in July 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.

Introduction of a power generation price cap across Europe for combined cycle gas turbine (CCGT) power plants could result in a considerable decrease in European energy bills. In a price cap scenario, the total increase in European energy bills in 2022 compared to the previous year is estimated to total *** billion euros. Meanwhile, an increase in energy bills of more than *** billion euros is the estimated result when no price cap is introduced.

This Eurobarometer of the European Parliament dedicated to energy follows a previous survey published in January 2011 in view of the European Council of 4 February (EB Standard 74.3). This survey dealt with energy supply, cooperation and solidarity.

Considering the new positions adopted by the European Parliament, this new survey focuses on more specific themes, but also extremely important for the development of an energy policy of the Union: energy savings, energy supply difficulties, integration of networks and the European Community for energy. The fieldwork was conducted by TNS Opinion between 9 February and 6 March 2011, in a context of a hard winter and an increase of all raw materials prices.

it's important to note that both surveys share a common point: the results highlight again how the energy culture and the energy situation of each EU Member States influence the answers of the interviewed citizens.

Two socio-demographic aspects of this current survey have to be kept in mind: on the one hand, apart from a few exceptions, there are few differences between the answers of men and women; on the other hand, the results illustrate a real generational gap which is evident in both behaviour and perception of the energy problems.

On energy savings, European citizens prefer measures without a financial impact.

The priority is given to domestic savings: decrease of use of lightings and of electric appliances (55%), and reduction of heating or air conditioning (43%).

The context is unfavourable to expensive measures: insulation of the house (19%) purchase of a more ecological car (6%).

The awareness related to savings made on the road is to be improved: less frequent use of their car (19%), more frequent use of public transport (14%) and reduction of driving speed (10%).

Europeans who did "nothing" to change their behaviour towards energy savings are a significant number (14%).

Respondents give the priority to practical measures to reduce the energy bill.

They want to be able to daily measure their energy consumption thanks to "smart" meters (47%).

They expect the establishment of a tax incentive (40%).

They are in favour of the creation of conditions for energy providers to compete (36%).

They support the improvement of energy bill transparency and simplification (23%).

Europeans want the objective of 20% of energy savings to be made compulsory (80% of "yes").

Europeans support the fighting against the energy precariousness (81% of "yes").

Assets of a European integrated energy network

It would imply a reduction of energy costs (59%).

It would encourage a better use of various types of energy (47%).

It would make the delivery of energy safer (35%).

It would enhance EU capacity to negotiate major contracts with countries outside its borders (28%).

It would contribute to increase solidarity among the EU Member States (25%).

Respondents show a massive support to the establishment of a European Energy Community (78% "agree").

The reports shall contain information on the structure of the final retail electricity price and the methods of calculating the prices of the energy supply of individual suppliers. The structure of all elements of the monthly electricity bill for individual demand groups is tabulated according to the applicable prices at the end of the year under consideration and the preceding year. The purpose of the analysis of electricity prices of household customers in Slovenia is to transparently show the cost of the monthly electricity bill of characteristic electricity consumers across all suppliers on the electricity market in Slovenia. In the analysis, readers can identify their characteristics of electricity consumption and compare the basic offers of suppliers through the displayed demand groups.

As part of the environmental accounts, CBS compiles the energy bills annually. Energy bills provide a consistent statistical framework for physical energy flows, reflecting how much energy enters the economy through extraction and import, how much energy products are produced and consumed within the economy by businesses and households, and how much energy leaves the economy through exports or net consumption (final consumption and conversion losses). The energy supply and energy consumption of the various energy carriers are allocated to the various sectors and households.

Optionally, tables can be drawn up showing the key variables for energy (extraction, production, intermediate consumption and household consumption of energy products, net consumption, stockpiling, import or export) per economic activity, per energy carrier and per year.

The energy accounts shall be drawn up in accordance with the national accounts definitions. This means that the figures of the energy bills reflect the supply and consumption of energy products by Dutch economic activities, and that these figures can be directly related to all kinds of macroeconomic data from the national accounts. The figures from the energy bills therefore deviate from the figures as published in the energy balance. The differences are explained in more detail in the research description.

The energy bills are primarily composed of the figures of the physical energy balance. These data are then adjusted to make them consistent with national accounts classifications and definitions. The adjustment for energy consumption by non-residents and residents abroad is made on the basis of data from transport statistics. The breakdown of energy consumption by sector is made using data from energy statistics, monetary data from national accounts and other data sources, such as agricultural statistics.

Data available from: 2014

Status of figures: The figures have a provisional status.

The figures in the energy accounts are comparable and consistent with the economic figures in the national accounts. However, the reconciliation between the environmental accounts and the national accounts takes place with a variety of sources. This means that although the system of calculations is the same every year, variation can occur due to changes in certain sources. For example, adjustments in traffic and transport statistics may have an impact on the entire time series of energy bills.

When will there be new figures? New figures are published annually in October.

One building performance simulation benchmark model for nearly zero-energy dwellings in Brussels. The study reports an inventory and field survey conducted on a terraced house renovated after the year 2010. An analysis of energy consumption (electricity and natural gas) and a walkthrough survey were conducted. A building performance simulation model is created in EnergyPlus to benchmark the average energy consumption and building characteristics. The estimate's validity has been further checked against the public statistics and verified through model calibration and utility bill comparison. The benchmark has an average energy use intensity of 29 kWh/m2/year and represents terraced single-family houses after renovation. DesignBuilder, v7.0 EnergyPlus, 9.5.0

This statistic represents the price of electricity to industrial consumers in selected European countries during the last six months of 2017, with a breakdown by country. In Ireland, consumers in the industrial sector paid around ***** euro cents plus tax for one kilowatt hour of electricity.

Industrial sector electricity prices in selected European countries

At **** euro-cents per kilowatt hour, Czechia has some of the cheapest industrial sector electricity rates, reaching less than half that of Malta’s. Malta’s industrial sector electricity price is among the highest in the European Union, reaching ***** euro-cents per kilowatt hour in December 2017. Compared to other countries, some EU member states have very high electricity prices overall. Electricity prices in Italy are in excess of ** U.S. dollar cents per kilowatt hour while Canada’s electricity prices average about **** U.S. dollar cents per kilowatt hour.

Power tariffs can vary by a large range by country - and often within individual countries as well. Differences in prices are due to a range of factors such as market price of fuel used, subsidies, and industry regulation. Supply and demand are also highly influential in changing prices. Certain weather patterns, such as high heat, can also raise prices when use of air conditioning becomes more prevalent. In virtually all markets, like that of the European Union, electricity rates also vary for industrial, residential, and commercial customers. Since expenditures for power can slab off a fair amount of a company’s revenue, industrial electricity tariffs – particularly when it comes to power-intensive industries, including the cement or metal manufacturing sectors - are often lower than residential rates. Household electricity prices are among the highest in Denmark, where those with an annual consumption of 1,000 to ***** kilowatt hours must pay about ** euro-cents per kilowatt hour.

The Home Energy Assessment Services market is experiencing robust growth, driven by increasing energy costs, heightened environmental awareness, and government incentives promoting energy efficiency. The market, estimated at $5 billion in 2025, is projected to expand at a Compound Annual Growth Rate (CAGR) of 7% from 2025 to 2033, reaching approximately $9 billion by 2033. This growth is fueled by several key trends: a rising adoption of smart home technologies enabling more precise energy monitoring and management, increasing demand for virtual home energy evaluations offering cost-effective and convenient assessments, and a growing focus on improving building energy codes and standards across various regions. The residential segment currently holds a larger market share compared to the commercial segment due to rising homeowner concerns about energy bills and home value appreciation. However, the commercial segment is poised for significant growth driven by corporate sustainability initiatives and the increasing adoption of energy-efficient building practices. While some regions like North America and Europe currently dominate the market, significant growth opportunities exist in emerging economies of Asia-Pacific and South America, particularly as energy efficiency programs expand. The market faces some restraints, including the high initial cost of comprehensive home energy assessments, a lack of awareness among consumers regarding the benefits of such assessments, and limited availability of qualified assessors in some regions. However, the continued development of affordable and user-friendly technologies, coupled with targeted awareness campaigns and government support, is expected to mitigate these challenges. Key players in the market, including EnergyRight, Huntsville Utilities, Consumers Energy, and others, are strategically investing in technological innovation and expanding service offerings to capitalize on the market's growth potential. The diverse range of service types—from virtual assessments to in-person evaluations—provides flexibility and caters to various customer needs and preferences, contributing to the overall market expansion. Future market growth will hinge on factors such as continued technological advancements, sustained government support, effective marketing campaigns, and a growing awareness of the financial and environmental benefits of energy-efficient homes and businesses.

Energy Saving Lamps Market Outlook

The global energy saving lamps market size was valued at approximately $8.5 billion in 2023 and is projected to reach nearly $18 billion by 2032, exhibiting a compound annual growth rate (CAGR) of around 8.5% during the forecast period. This robust market growth is driven by increasing environmental concerns, stringent government regulations on energy consumption, and technological advancements in lighting solutions.

One of the primary growth factors for the energy saving lamps market is the global push toward sustainability and energy efficiency. Governments worldwide are implementing stricter policies and regulations to reduce energy consumption and carbon footprints. This has led to a surge in demand for energy-efficient lighting solutions, such as compact fluorescent lamps (CFLs) and light-emitting diode (LED) lamps, which offer significantly lower energy consumption compared to traditional incandescent bulbs. Additionally, rising electricity costs have prompted both consumers and industries to seek cost-effective lighting solutions, further boosting the demand for energy saving lamps.

Technological advancements in lighting technologies have also played a crucial role in the market's growth. The development of smart lighting systems, which integrate with home automation systems and IoT devices, has revolutionized the lighting industry. Smart energy saving lamps offer features such as remote control, dimming capabilities, and automated schedules, providing enhanced convenience and energy savings for users. These innovations are attracting a growing number of tech-savvy consumers, contributing to the market's expansion.

Another significant growth driver is the increasing adoption of energy saving lamps in the commercial and industrial sectors. Businesses and industries are increasingly recognizing the long-term cost benefits of switching to energy-efficient lighting solutions. Energy saving lamps not only reduce electricity bills but also have longer lifespans, leading to lower maintenance costs. This trend is particularly prevalent in regions with high energy prices and strict regulatory frameworks, such as North America and Europe.

Building Energy Efficient Led solutions is becoming increasingly crucial in the global push towards sustainability. LEDs are at the forefront of this movement due to their superior energy efficiency and long lifespan. Unlike traditional lighting options, LEDs convert a higher percentage of electricity into light, significantly reducing energy waste. This efficiency not only lowers electricity bills but also decreases the environmental impact, making them an ideal choice for both residential and commercial applications. As technology advances, the integration of LEDs with smart systems further enhances their efficiency, allowing for features like remote control and automated lighting schedules. These advancements are pivotal in meeting the growing demand for sustainable and cost-effective lighting solutions worldwide.

Regionally, the Asia Pacific market is expected to witness substantial growth during the forecast period. Rapid urbanization, industrialization, and an expanding middle-class population are driving the demand for energy-efficient lighting solutions in countries like China and India. Additionally, government initiatives promoting energy conservation and the availability of low-cost energy saving lamps are further propelling market growth in the region. Europe and North America are also significant markets, driven by stringent energy regulations and high consumer awareness regarding energy efficiency.

Product Type Analysis

Within the energy saving lamps market, the product type segment is crucial for understanding the market dynamics and consumer preferences. Compact Fluorescent Lamps (CFLs) have been a popular choice for many years due to their energy efficiency and longer lifespan compared to traditional incandescent bulbs. However, their market share is gradually declining due to the emergence of more advanced lighting technologies. Despite this, CFLs still hold a significant portion of the market, particularly in regions where cost constraints are a significant factor for consumers.

LED lamps, on the other hand, are experiencing rapid growth and are expected to dominate the market during the forecast period. LED technology offers superior energy efficiency, longer lifespan, and better light quality compare

The global utility billing system market is experiencing robust growth, projected to reach a market size of $556.7 million in 2025, with a compound annual growth rate (CAGR) of 4.2% from 2025 to 2033. This growth is driven by several factors. Increasing demand for efficient and accurate billing solutions from water, electricity, and gas companies is a primary catalyst. The rising adoption of smart meters and the subsequent surge in data volume necessitate advanced billing systems capable of handling large datasets and sophisticated analytics. Furthermore, the need to improve customer satisfaction through streamlined billing processes, online portals, and automated payment options is fueling market expansion. Regulatory pressures to enhance transparency and accuracy in billing further contribute to the adoption of sophisticated utility billing systems. The market is segmented by type (software, platform), application (water, electricity, gas, others), and geography, offering diverse opportunities for players across the spectrum. Competition is relatively high, with established vendors and emerging technology providers vying for market share. The continued focus on digital transformation within utility companies, coupled with the growing integration of Internet of Things (IoT) devices, points towards sustained and substantial market growth over the forecast period. The market's segmental composition indicates a strong demand across all utility types. Software solutions are likely to maintain a larger share compared to platforms, reflecting a preference for flexible and customizable billing systems. Geographically, North America and Europe are anticipated to hold significant market shares, driven by established infrastructure and higher adoption rates of advanced billing technologies. However, rapidly developing economies in the Asia-Pacific region, particularly in countries like India and China, are poised to experience substantial growth, presenting lucrative investment opportunities for utility billing system providers. The market is characterized by both large, established vendors offering comprehensive solutions and smaller, niche players specializing in particular aspects of utility billing, resulting in a dynamic and competitive landscape.

The global electric pool heater market is experiencing robust growth, driven by increasing demand for energy-efficient and eco-friendly pool heating solutions. The market, estimated at $1.5 billion in 2025, is projected to witness a Compound Annual Growth Rate (CAGR) of 7% from 2025 to 2033, reaching approximately $2.7 billion by 2033. This growth is fueled by several key factors. Firstly, rising awareness of environmental concerns and the escalating costs of traditional gas heating systems are prompting homeowners and commercial establishments to adopt electric pool heaters. Secondly, technological advancements, leading to improved energy efficiency and reduced operational costs, are enhancing the appeal of these heaters. The residential segment currently dominates the market, but the commercial sector is expected to show significant growth, driven by increasing investments in hospitality and recreational facilities. Furthermore, heat pump technology is gaining traction due to its higher efficiency compared to constant temperature furnaces, resulting in lower energy bills and a smaller environmental footprint. However, high initial investment costs and regional variations in electricity prices pose challenges to market expansion. The North American market, particularly the United States, currently holds the largest market share, followed by Europe and Asia-Pacific regions, with significant growth potential in developing economies. The competitive landscape is characterized by a mix of established players and emerging companies. Key players such as Electro Engineering, LUXE Pools, MTH, Pahlen, Aqualux International, Davey, and CIAT are focusing on product innovation and strategic partnerships to maintain their market positions. Regional variations in regulations and consumer preferences will significantly influence market dynamics. Future growth hinges on continuous technological innovation, addressing cost concerns, and expanding market penetration in underserved regions. The market is poised for further consolidation, with larger companies likely acquiring smaller players to enhance their product portfolios and market reach. Government incentives and initiatives promoting energy efficiency will also play a vital role in accelerating market growth in the coming years.

The Below 50kWe Combined Heat and Power (CHP) Systems market, valued at $471 million in 2025, is projected to experience robust growth, driven by increasing energy efficiency mandates, rising electricity costs, and the growing adoption of renewable energy sources. The 7.7% Compound Annual Growth Rate (CAGR) indicates a significant expansion through 2033. Key drivers include the escalating demand for reliable and sustainable energy solutions in both residential and commercial sectors. The residential segment is fueled by homeowners seeking to reduce their carbon footprint and energy bills, while commercial adoption is driven by cost savings and improved energy management. Technological advancements in fuel cell technology, offering higher efficiency and lower emissions compared to traditional Internal Combustion Engines (ICEs), are further propelling market expansion. However, high initial investment costs for CHP systems and the need for skilled installation and maintenance personnel pose challenges to widespread adoption. Market segmentation by fuel type (fuel cell, ICE, others) and application (residential, commercial) reveals diverse growth patterns. Fuel cell systems are likely to show faster growth due to technological advancements and environmental benefits, while the ICE segment will retain a significant market share due to existing infrastructure and lower upfront costs. Geographical analysis shows strong potential in North America and Europe, driven by supportive government policies and a high concentration of key players. Asia-Pacific, particularly China and India, presents a significant growth opportunity due to rapid urbanization and industrialization. The competitive landscape is fragmented, with both established players like Viessmann, Bosch, and Yanmar, and smaller specialized companies like Helbio and SolydEra competing. Strategic partnerships, technological innovations, and expansion into new markets will be crucial for success in this dynamic environment. The forecast period of 2025-2033 suggests continued market expansion, although growth rates may fluctuate based on factors such as fluctuating fuel prices, technological advancements, and government regulations. The market's long-term growth prospects remain strong given the increasing focus on sustainable energy and decarbonization efforts worldwide. Further research into specific regional variations and technological advancements is needed for a complete market understanding.