In the third quarter of 2025, Bermuda had the highest household electricity prices worldwide, followed by Ireland, Italy, and Germany. At the time, Irish households were charged around 0.44 U.S. dollars per kilowatt-hour, while in Italy, the price stood at 0.42 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.

In September 2024, industrial electricity prices in the European countries of Germany, Italy, and the United Kingdom were among the highest in the world, at around **** 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 *** 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.

Household electricity prices vary significantly around the world. In March 2025, 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.

Complete dataset of average residential and commercial electricity rates in cents per kWh for all 50 states and D.C. as of December 2025.

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.

Iran IR: Residential Electricity Price: USD per kWh data was reported at 0.050 USD/kWh in 2016. This stayed constant from the previous number of 0.050 USD/kWh for 2015. Iran IR: Residential Electricity Price: USD per kWh data is updated yearly, averaging 0.060 USD/kWh from Dec 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 0.080 USD/kWh in 1999 and a record low of 0.030 USD/kWh in 2010. Iran IR: 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 Iran – Table IR.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non 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.

South Korea Residential Electricity Price: USD per kWh data was reported at 0.180 USD/kWh in 2023. This records an increase from the previous number of 0.150 USD/kWh for 2022. South Korea Residential Electricity Price: USD per kWh data is updated yearly, averaging 0.160 USD/kWh from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 0.180 USD/kWh in 2023 and a record low of 0.130 USD/kWh in 2021. South Korea 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 South Korea – Table KR.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: OECD Member: Annual.

Costa Rica Industry Electricity Price: USD per kWh data was reported at 0.290 USD/kWh in 2023. This records an increase from the previous number of 0.280 USD/kWh for 2022. Costa Rica Industry Electricity Price: USD per kWh data is updated yearly, averaging 0.310 USD/kWh from Dec 2012 (Median) to 2023, with 12 observations. The data reached an all-time high of 0.410 USD/kWh in 2013 and a record low of 0.250 USD/kWh in 2021. Costa Rica 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 Costa Rica – Table CR.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: OECD Member: Annual.

Hawaii is the state with the highest household electricity price in the United States. In February 2025, the average retail price of electricity for Hawaiian residences amounted to 41.11 U.S. cents per kilowatt-hour. California followed in second, with 32.41 U.S. cents per kilowatt-hour. Meanwhile, Utah registered the lowest price in the period, at around 12.41 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 2024, it stood at 13 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.

US Electricity Prices and Sales by State, Sector, and Year

https://www.googleapis.com/download/storage/v1/b/kaggle-user-content/o/inbox%2F8734253%2Fdba0dac3571f37e79f2891a6ffd80d5c%2Fus%20electric%20flag.png?generation=1712518711362350&alt=media" alt=""> This comprehensive dataset offers a detailed look at the United States electricity market, providing valuable insights into prices, sales, and revenue across various states, sectors, and years. With data spanning from 2001 onwards to 2024, this dataset is a powerful tool for analyzing the complex dynamics of the US electricity market and understanding how it has evolved over time.

The dataset includes eight key variables: | Column Name | Description | |-------|-------| | year | The year of the observation | | month | The month of the observation | | stateDescription | The name of the state | | sectorName | The sector of the electricity market (residential, commercial, industrial, other, or all sectors) | | customers | The number of customers (missing for some observations) | | price | The average price of electricity per kilowatt-hour (kWh) in cents | | revenue | The total revenue generated from electricity sales in millions of dollars | | sales | The total electricity sales in millions of kilowatt-hours (kWh) |

By providing such granular data, this dataset enables users to conduct in-depth analyses of electricity market trends, comparing prices and consumption patterns across different states and sectors, and examining the impact of seasonality on demand and prices.

One of the primary applications of this dataset is in forecasting future electricity prices and sales based on historical trends. By leveraging the extensive time series data available, researchers and analysts can develop sophisticated models to predict how prices and demand may change in the coming years, taking into account factors such as economic growth, population shifts, and policy changes. This predictive power is invaluable for policymakers, energy companies, and investors looking to make informed decisions in the rapidly evolving electricity market.

Another key use case for this dataset is in investigating the complex relationships between electricity prices, sales volumes, and revenue. By combining the price, sales, and revenue data, users can explore how changes in prices impact consumer behavior and utility company bottom lines. This analysis can shed light on important questions such as the price elasticity of electricity demand, the effectiveness of energy efficiency programs, and the potential impact of new technologies like renewable energy and energy storage on the market.

Beyond its immediate applications in the energy sector, this dataset also has broader implications for understanding the US economy and society as a whole. Electricity is a critical input for businesses and households across the country, and changes in electricity prices and consumption can have far-reaching effects on economic growth, competitiveness, and quality of life. By providing such a rich and detailed portrait of the US electricity market, this dataset opens up new avenues for research and insights that can inform public policy, business strategy, and academic inquiry.

I hope you all enjoy using this dataset and find it useful! 🤗

As of the second quarter of 2025, Australia had the highest average electricity price for households in the Asia-Pacific region, at about **** U.S. dollars per kilowatt-hour. Singapore had the second-highest average electricity price, with households paying around **** U.S. dollars per kilowatt-hour.

Pakistan PK: Residential Electricity Price: USD per kWh data was reported at 0.300 USD/kWh in 2020. This records an increase from the previous number of 0.280 USD/kWh for 2019. Pakistan PK: Residential Electricity Price: USD per kWh data is updated yearly, averaging 0.290 USD/kWh from Dec 2014 (Median) to 2020, with 7 observations. The data reached an all-time high of 0.330 USD/kWh in 2015 and a record low of 0.270 USD/kWh in 2018. Pakistan PK: 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 Pakistan – Table PK.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.

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.

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.

Time series data for the statistic Getting electricity: Price of electricity (US cents per kWh) (DB16-20 methodology) and country China. Indicator Definition:The price of electricity is measured in U.S. cents per kWh. A monthly electricity consumption is assumed, for which a bill is then computed for a warehouse based in the largest business city of the economy for the month of March. The bill is then expressed back as a unit of kWh. The index is computed based on the methodology in the DB16-20 studies.

Time series data for the statistic Getting electricity: Price of electricity (US cents per kWh) (DB16-20 methodology) and country West Bank and Gaza. Indicator Definition:The price of electricity is measured in U.S. cents per kWh. A monthly electricity consumption is assumed, for which a bill is then computed for a warehouse based in the largest business city of the economy for the month of March. The bill is then expressed back as a unit of kWh. The index is computed based on the methodology in the DB16-20 studies.