The average wholesale electricity price in September 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.

Germany Electricity decreased 32.52 EUR/MWh or 28.10% 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.

Monthly average retail electricity prices by state from EIA (Residential, Commercial, All Sectors).

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 still have not returned to pre-pandemic levels, such as in countries like Italy, where prices are forecast to reach ****** euros per megawatt hour in August 2025. 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. As of August 2025, electricity prices in Italy have decreased to ****** euros per megawatt hour, reflecting ongoing volatility in the market.

Italy Electricity decreased 21.57 EUR/MWh or 15.66% 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.

France Electricity decreased 12.07 EUR/MWh or 17.28% 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.

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.

Graph and download economic data for Global price of Energy index (PNRGINDEXM) from Jan 1992 to Jun 2025 about energy, World, indexes, and price.

In the observed period, weighted average monthly electricity prices on the day-ahead market in Poland increased from ****** zloty/MWh in January 2018 to over ****** zloty/MWh (****** EUR/MWh) in July 2025. The record weighted average price occurred in August 2022, exceeding ***** zloty. Consumption of electricity in Poland Electricity is essential to modern life and vital to every country’s economy. Starting in 1990, the final annual electricity consumption reached a value of ***** terawatt-hours. It eventually grew to *** tWh in 2023, which happened to be a *** percent decrease compared to the previous year. Consumption of solar photovoltaic power has become popular recently, and the capacity of solar photovoltaic per inhabitant in Poland has also significantly increased, rising from just *** watts per inhabitant in 2013 to ***** W/inhab in 2023. In 2023, **** million customers in Poland used electricity with consumption lower than ** megawatt-hours. Electricity production from renewables Throughout the years, there have been different methods and sources of electricity production worldwide. Starting in 2012, the electricity production from solar photovoltaic power generated only *** gigawatt-hours. In 2023, Poland's electricity production volume from solar photovoltaic power reached a peak of over ** terawatt hours. Another source of electricity production was the wind. The production of electricity from wind steadily increased from **** gigawatt-hours in 2000 to ****** gigawatt-hours in 2023. Biogas and biomass also play a significant role in the production of electricity. In 2012, electricity production from biogas and biomass was the highest at around ****** gigawatt-hours. However, in 2022, the production decreased, reaching ***** GWh.

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.

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.

Israel IL: Industry Electricity Price: USD per kWh data was reported at 0.090 USD/kWh in 2021. This records an increase from the previous number of 0.080 USD/kWh for 2020. Israel IL: Industry Electricity Price: USD per kWh data is updated yearly, averaging 0.090 USD/kWh from Dec 1994 (Median) to 2021, with 28 observations. The data reached an all-time high of 0.120 USD/kWh in 2008 and a record low of 0.080 USD/kWh in 2020. Israel IL: 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 Israel – Table IL.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: OECD Member: Annual.

Electric power selling price index (EPSPI). Monthly data are available from January 1981. The table presents data for the most recent reference period and the last four periods. The base period for the index is (2014=100).

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.

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.

Poland - Electricity prices: Medium size households was EUR0.21 Kilowatt-hour in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Poland - Electricity prices: Medium size households - last updated from the EUROSTAT on September of 2025. Historically, Poland - Electricity prices: Medium size households reached a record high of EUR0.21 Kilowatt-hour in December of 2024 and a record low of EUR0.13 Kilowatt-hour in December of 2016.

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.

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.