Prices in US dollars per barrel of WCS oil and in Canadian dollars per gigajoule of natural gas.

Daily data showing the System Price of electricity, and rolling seven-day average, in Great Britain. These are official statistics in development. Source: Elexon.

In 2024, the retail price of electricity for residential customers in the United States averaged 16.48 U.S. cents per kilowatt-hour. Households are charged more than the commercial and industrial sectors, because of the higher distribution costs. Since 2020, electricity customers have seen electricity prices increase in the U.S. and peak in 2024. The U.S. electricity market The U.S. electricity market is led by several types of electricity providers, such as cooperatives, municipal systems, and shareholder-owned electric utilities. In 2022, cooperatives were the most common type of ownership in the U.S., with more than 600 providers. That year, the U.S. electric utility industry revenue amounted to 488 billion U.S. dollars. Electricity prices around the world Electricity prices vary widely from country to country, depending on energy sources used, as well as government and industry subsidies and regulations. In 2023, Ireland and the United Kingdom had some of the highest household electricity prices worldwide. Meanwhile, U.S. households paid some of the lowest prices. However, leading oil and gas-producing regions such as the Middle East registered the cheapest rates overall.

Total estimated annual dollar value of utility discounts for businesses approved for ECSP benefits during the fiscal year.

Data on natural gas prices. Annual and monthly data available. Users of the EIA API are required to obtain an API Key via this registration form: http://www.eia.gov/beta/api/register.cfm

Retail residential electricity prices in the United States have mostly risen over the last decades. In 2023, prices registered a year-over-year growth of 6.3 percent, the highest growth registered since the beginning of the century. Residential prices are projected to continue to grow by two percent in 2024. Drivers of electricity price growth The price of electricity is partially dependent on the various energy sources used for generation, such as coal, gas, oil, renewable energy, or nuclear. In the U.S., electricity prices are highly connected to natural gas prices. As the commodity is exposed to international markets that pay a higher rate, U.S. prices are also expected to rise, as it has been witnessed during the energy crisis in 2022. Electricity demand is also expected to increase, especially in regions that will likely require more heating or cooling as climate change impacts progress, driving up electricity prices. Which states pay the most for electricity? Electricity prices can vary greatly depending on both state and region. Hawaii has the highest electricity prices in the U.S., at roughly 43 U.S. cents per kilowatt-hour as of May 2023, due to the high costs of crude oil used to fuel the state’s electricity. In comparison, Idaho has one of the lowest retail rates. Much of the state’s energy is generated from hydroelectricity, which requires virtually no fuel. In addition, construction costs can be spread out over decades.

In the second half of 2024, electricity prices for the industry in Poland exceeded **** euros per kilowatt-hour. Electricity prices in households in Poland The energy intensity of enterprises in Poland is one of the highest in the European Union and much higher than in Western European countries. Companies cannot compensate for rising energy prices in the prices of their products. Therefore, they are forced to seek other alternatives. Rising electricity prices for the industry are pushing entrepreneurs not only to save energy but also to look for their own sources of energy production, which would ultimately improve energy efficiency and reduce operating costs for many enterprises. Electricity prices for households in Poland amounted to **** euros per kilowatt-hour in the second half of 2023. The low prices in 2019 were mainly the result of the government's freezing of electricity prices to final recipients. However, the government increased energy prices from 2020. This will meant an increase in the cost of living for the average citizen. Not only energy prices rose, but also the prices of goods and services dependent on energy. Wholesale electricity prices in Poland Wholesale electricity prices in Poland were the highest in Central and Eastern Europe as of February 2024. Prices ranged increased from ***** zloty per megawatt-hour in March 2018 to nearly *** thousand zloty per megawatt-hour in August 2022. The increase in wholesale electricity prices is mainly due to the price of coal. Coal is the primary fuel used to produce energy in Poland. In 2019, ** TWh of power was produced from hard coal and ** TWh from lignite. Another reason for higher energy prices is the rising price of CO2 emission allowances and the expected increase in generation capacity in the heating sector.

This table groups Austin Energy customers into four classes: residential, commercial, industrial, and lighting (public street/highway and other). View the annual rates in cents per kWh by customer class starting in 2006. Learn more about Austin Energy’s rates at http://austinenergy.com/wps/portal/ae/rates.

In 2023, the average electricity cost for supply was at ***** Indonesian rupiah per kilowatt-hour, indicating a slight increase compared to the previous year. Electricity prices in Indonesia are set by the government and vary by consumer group and sub-group. Indonesia offers pre-paid payment for electricity  The electricity prices in Indonesia follow group tariff structures, which means that consumers pay a higher marginal per kilowatt-hour (kWh) tariff at higher usage levels. Each group pays a different basic charge and utilization charge. The basic charge depends on the installed power, while the power utilization price increases according to monthly usage. To pay the electricity bill in Indonesia, consumers have the option to use prepaid or post-usage payments. The prepaid option allows consumers to pay only for what they use without a minimum charge. The increase in usage of e-wallets for bills and payments in Indonesia means that payments can now be made via purchasing vouchers and online banking. Setbacks on electricity subsidy plan Indonesia’s main electricity provider, Perusahaan Listrik Negara (PLN), is owned by the government and controls the country’s electricity transmission and distribution. As a result, independent power producers are obliged to sell electricity to PLN. Nevertheless, PLN relies on electricity subsidies from the Indonesian government to set the electricity price at a low level. Indonesia, known for its large electricity subsidies, took major steps to reduce these in 2013. However, since 2018, Indonesia has re-introduced subsidies to keep its electricity price flat. To accelerate Indonesia’s economic recovery from the economic impact of the COVID-19 pandemic, the government has introduced several electricity relief schemes to relieve the burden on Indonesians. However, this sets back the country’s original plan on reducing subsidies. 

Non-household electricity prices increased in Hungary, both for large- and small consumers. In the first half of 2023, customers with an annual consumption of *** to ***** megawatt hours paid a *** euro kilowatt hour price. Electricity generation  Hungary’s energy sector is mostly reliant on nuclear electricity generation, coal, and natural gas, as well as importing electricity from neighboring countries, such as Austria, Ukraine, and Slovakia. The total amount of electricity generated in Hungary in 2020 reached **** terawatt hours, marking a slight increase compared to the previous five years. Nuclear energy  The Paks Nuclear Power Plant, Hungary’s only nuclear power station, started operating in 1982 and has played a crucial role in the country’s energy supply ever since. The power plant has four nuclear reactors that generate approximately half of the country’s electricity. With the support of the Hungarian government, a contract has been signed for expanding the power plant with two further nuclear reactors. However, according to the findings of a survey conducted in 2020, over half of the country’s population was against the expansion.

Explore channels of effectiveness of government targets and electricity prices.

Primary energy cost 2020

Graph and download economic data for Producer Price Index by Commodity: Final Demand: Government Purchased Energy (WPSFD4122) from Nov 2009 to May 2025 about final demand, purchase, energy, government, commodities, PPI, inflation, price index, indexes, price, and USA.

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