As of December 2023, Guatemala had the highest household electricity price among Latin American countries, with an average of *** U.S. dollars per kilowatt-hour. Argentina reported the lowest rate among the countries displayed, at less than **** U.S. dollars per kilowatt-hour. Electricity prices across the American continent Electricity prices vary considerably across the American continent. The Caribbean country of Jamaica accounted for the highest household electricity price on the continent, after Guatemala and Uruguay, at **** U.S. dollars per kilowatt-hour. In comparison, the residential electricity price in the United States amounted to approximately **** U.S. dollars per kilowatt-hour, like in Brazil. Global electricity prices With the energy crisis of 2022, global electricity prices boomed to unprecedented values in most countries worldwide. The wildest price spikes occurred in countries that heavily rely on fossil fuels and energy imports, like the European countries. In some cases, price caps set by governmental institutions kept domestic electricity prices under a certain threshold, such as in Brazil.
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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.
Households in Great Britain will have their energy bills capped at 2,500 British pounds per year from October 2022 onwards, due to the measures introduced by the UK government in September of 2022. This will result in savings of around 1,050 for the average household, compared with the previous price cap, which was set to increase to 3,459 per year.
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This table shows the average prices paid for natural gas and electricity. The total prices represent the sum of energy supply prices and network prices. The total price is the price paid by an end-user, for instance a household or an industrial company consuming energy in their production process. Natural gas used for non-energy purposes or for electricity generation is excluded from the data. The price cap set by the Dutch government for 2023 has now been incorporated into the prices. Data available from: 1st semester of 2009 Status of the figures: The figures in this table are provisional for the two most recent semesters, and the annual figures follow the status of the second semester of the relevant reporting year. The remaining figures are final. Changes as of March 28: Figures for the second half of 2024 have been added. When will new figures be published? New provisional figures will be published three months after the semesters end, at the end of September and at the end of March.
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🇳🇱 네덜란드 Dutch 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.
Low income households in Estonia may be required to use up to 25 percent of their income for energy bills in 2022, the highest share of any country in Europe. The rising inflation amid worsening energy supply issues are hitting the poorest particularly hard. In the United Kingdom, price caps (the maximum amount that energy suppliers are allowed to charge per annum) have already been raised significantly and are expected to increase further over the coming months. Here, households in the lowest 20th percentile could see around 15 percent of their income going towards covering electricity and heating costs.
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License information was derived automatically
This table contains figures on consumer prices for electricity and gas. These are subdivided into transport prices, delivery prices and taxes (including and excluding VAT). The figures are published as weighted average monthly prices. The average energy prices published here are the prices as used for the consumer price index (CPI) up to and including May 2023. Prices of new contracts were observed at the CPI. Contracts that were offered by energy companies in previous periods, but not in the relevant reporting period, have been mathematically continued and included in the calculation of the average tariff. The average prices in this table may therefore deviate from the average prices that Dutch households pay for energy. Data available from January 2018 to May 2023. Status of the figures: The data are final. Changes as of July 20, 2023: None, this table has been discontinued. Due to a change in the underlying data and associated method for calculating average energy rates, a new table will be published on 20 July. See section 3. Changes as of February 13, 2023: From January 2023, the average delivery rates will not be published. With the introduction of the price cap, the average energy rates (supply rates) of fixed and variable energy contracts together were very useful to calculate a development for the CPI. As a price point, however, they are less useful. The delivery rates from January 2023 to May 2023 are published in a custom table based on the data for new variable contracts. When will new numbers come out? Not applicable anymore.
The average annual domestic electricity bill in the United Kingdom saw an overall increase from 2014 to 2024 and boomed in 2023. In this period, households with an annual consumption of ***** kilowatt-hours saw bills rise from *** to ***** British pounds, including value-added tax. The household expenditure on electricity in the UK amounted to approximately **** billion current British pounds in 2023. Direct debit payments consistently cheaper In the period under consideration, the annual bill for an electricity consumption of ***** kilowatt-hours was consistently more expensive for consumers using standard credit as a method of payment, averaging ***** real British pounds in 2024. From 2016 onwards, consumers using the prepayment method paid less than standard credit consumers and, in 2022, their bill was the least expensive, at *** real British pounds. Electricity prices on the rise Household electricity prices in the UK have doubled in the past decade for both consumer groups. Despite the UK government setting a tariff cap to protect consumers, the UK’s power market was greatly impacted by the global energy crisis. In August 2022, electricity prices in Great Britain peaked at *** British pounds per megawatt-hour, over four times the price compared to August the following year.
The UK inflation rate was 3.5 percent in April 2025, up from 2.6 percent in the previous month, and the fastest rate of inflation since February 2024. Between September 2022 and March 2023, the UK experienced seven months of double-digit inflation, which peaked at 11.1 percent in October 2022. Due to this long period of high inflation, UK consumer prices have increased by over 20 percent in the last three years. As of the most recent month, prices were rising fastest in the communications sector, at 6.1 percent, but were falling in both the furniture and transport sectors, at -0.3 percent and -0.6 percent respectively.
The Cost of Living Crisis
High inflation is one of the main factors behind the ongoing Cost of Living Crisis in the UK, which, despite subsiding somewhat in 2024, is still impacting households going into 2025. In December 2024, for example, 56 percent of UK households reported their cost of living was increasing compared with the previous month, up from 45 percent in July, but far lower than at the height of the crisis in 2022. After global energy prices spiraled that year, the UK's energy price cap increased substantially. The cap, which limits what suppliers can charge consumers, reached 3,549 British pounds per year in October 2022, compared with 1,277 pounds a year earlier. Along with soaring food costs, high-energy bills have hit UK households hard, especially lower income ones that spend more of their earnings on housing costs. As a result of these factors, UK households experienced their biggest fall in living standards in decades in 2022/23.
Global inflation crisis causes rapid surge in prices
The UK's high inflation, and cost of living crisis in 2022 had its origins in the COVID-19 pandemic. Following the initial waves of the virus, global supply chains struggled to meet the renewed demand for goods and services. Food and energy prices, which were already high, increased further in 2022. Russia's invasion of Ukraine in February 2022 brought an end to the era of cheap gas flowing to European markets from Russia. The war also disrupted global food markets, as both Russia and Ukraine are major exporters of cereal crops. As a result of these factors, inflation surged across Europe and in other parts of the world, but typically declined in 2023, and approached more usual levels by 2024.
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The Gas Utilities industry comprises all stages required to deliver gas to end users in France, including generation, transmission, distribution and supply. France is almost entirely dependent on imports for its natural gas supply, cutting gas generation and transmission out of the supply chain. This means the industry is dominated by gas supply, though distribution also plays a key role in transporting gas from import terminals to end users. De-industrialisation has spurred a long-term decline in gas consumption in France, with decarbonisation efforts accelerating this downward trend in recent years. Despite falling consumption, revenue is forecast to expand at a compound annual rate of 12.3% over the five years through 2025, reaching €46 billion. Gas suppliers have been hit by volatility in global energy markets in recent years. Declining gas consumption and falling wholesale market prices spurred a slump in revenue during the pandemic, with a higher number of defaults on customer bills spurring also eating into profitability. Revenue bounced back in 2021 as geopolitical tensions spurred rapid growth in wholesale prices, leading to widespread tariff increases. Following Russia’s invasion of Ukraine, a renewed surge in natural gas prices necessitated government intervention through the introduction of a tariff shield. While this limited revenue growth and constrained profitability in household and small business gas supply markets in 2022, the absence of a price cap for large energy users contributed to strong revenue growth. Although natural gas prices dropped by more than two-thirds in 2023, revenue remained well above 2021 levels, as ongoing uncertainty and the abolishment of regulated prices made companies reluctant to cut tariffs significantly. Natural gas prices continued to come down in 2024 and are showing signs of stabilising in 2025. However, this is yet to translate into widespread tariff reductions, owing to ongoing volatility in global commodity markets and a recent hike in GRDF’s distribution tariff. Still, revenue is forecast to decline by 8.4% in 2025.Over the five years through 2030, revenue is slated to fall at a compound annual rate of 0.2% to €45.6 billion. Intensified competition following the de-regulation of prices should limit the scope for significant tariff increases as natural gas prices continue to stabilise. In line with climate goals, gas consumption is set to drop 20% by 2030, weighing on growth prospects. The integration of renewable gases is set to continue to inflate distribution charges, while presenting opportunities for gas suppliers to target eco-conscious households and businesses.
The average gas price in Great Britain in May 2025 was 82.59 British pence per therm. This was seven pence higher than the same month the year prior and follows a trend of increasing gas prices. Energy prices in the UK Energy prices in the UK have been exceptionally volatile throughout the 2020s. Multiple factors, such as a lack of gas storage availability and the large share of gas in heating, have exacerbated the supply issue in the UK that followed the Russia-Ukraine war. This has also led to many smaller suppliers announcing bankruptcy, while an upped price cap threatened the energy security of numerous households. The United Kingdom has some of the highest household electricity prices worldwide. How is gas used in the UK? According to a 2023 survey conducted by the UK Department for Energy Security and Net Zero, 58 percent of respondents used gas as a heating method during the winter months. On average, household expenditure on energy from gas in the UK stood at some 24.9 billion British pounds in 2023, double the amount spent just two years prior.
In 2024, natural gas prices for UK businesses with an annual consumption greater than 27,778 megawatt hours stood at 4.49 pence per kilowatt-hour, while for industries with lower annual consumption, prices were 5.64 pence per kilowatt-hour.
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The past few years have seen significant changes in the electricity retail market. Deregulation has intensified competition from new, smaller retailers, which has limited pricing power and profitability for traditional industry giants. Despite the implementation of price caps, like the Default Market Offer (DMO) and the Victorian Default Offer (VDO) that improved price transparency for consumers, retailers faced challenges with escalating wholesale supply costs driven by high gas and coal prices, extreme weather events and fluctuations in demand. While some retailers were able to offset these costs by benefiting from high wholesale prices, non-integrated retailers suffered significant profit margin losses. Government interventions have sought to control retail prices and provide relief for households and small businesses facing rising costs. The increasing adoption of rooftop solar panels presented challenges for retailers in maintaining demand. However, solar panel adoption rates have plateaued as subsidisation has declined, offering relief for retailers. Overall, revenue is expected to climb at an annualised 1.5% over the five years through 2024-25, including an anticipated 0.8% hike in the current year, to total $50.4 billion. The short-term forecast for electricity retailers shows a potential for increased revenue, based on regulatory changes to the DMO and VDO. These provisions are set to cause a rise in prices for consumers, particularly small businesses, increasing cost pressures in 2025-26. Over the medium term, overall electricity demand is forecast to swell because of factors like higher electrification, electric vehicle usage and increased hydrogen fuel production. Although industry revenue is projected to dip through 2029-30, promising demand trends, driven by population and household growth, will alleviate some of the impacts of revenue declines, signifying a complex yet optimistic outlook for electricity retailers. Revenue is forecast to marginally decline at an annualised 1.0% through the end of 2029-30, to total $48.0 billion.
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As of December 2023, Guatemala had the highest household electricity price among Latin American countries, with an average of *** U.S. dollars per kilowatt-hour. Argentina reported the lowest rate among the countries displayed, at less than **** U.S. dollars per kilowatt-hour. Electricity prices across the American continent Electricity prices vary considerably across the American continent. The Caribbean country of Jamaica accounted for the highest household electricity price on the continent, after Guatemala and Uruguay, at **** U.S. dollars per kilowatt-hour. In comparison, the residential electricity price in the United States amounted to approximately **** U.S. dollars per kilowatt-hour, like in Brazil. Global electricity prices With the energy crisis of 2022, global electricity prices boomed to unprecedented values in most countries worldwide. The wildest price spikes occurred in countries that heavily rely on fossil fuels and energy imports, like the European countries. In some cases, price caps set by governmental institutions kept domestic electricity prices under a certain threshold, such as in Brazil.