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.

A table listing the average electricity rates (kWh) of all 50 U.S. states as of March 2025.

A comprehensive dataset of average residential, commercial, and combined electricity rates in cents per kWh for all 50 U.S. states.

During the financial year 2023, the average cost of state electricity supplied in India was 7.11 Indian rupees per kilowatt-hour. Furthermore, that same year, the South Asian country was the third largest electricity producer in the world. Short-term transactions on the rise The electricity market in India has seen significant growth in short-term transactions and power exchange activity. During the fiscal year 2023, the volume of short-term electricity transactions exceeded 194 terawatt-hours, which marked a four percent increase from the previous year. During the same time, electricity transacted through power exchanges was approximately 103 terawatt-hours, the highest number ever recorded. These trends indicate a more dynamic and flexible electricity market across the country. Shift towards renewable energy In the fiscal year 2023, over 8.25 million Renewable Energy Certificates were traded on power exchanges, highlighting the country's commitment to sustainable energy sources. Moreover, India transitioned from being a net importer of electricity to a net exporter of electricity in 2023, exporting around 11 terawatt-hours. The shift shows the success of policies aimed at enhancing India's energy self-reliance and its potential as a regional power supplier. 

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.

New York Energy Prices presents retail energy price data. Energy prices are provided by fuel type in nominal dollars per specified physical unit for the residential, commercial, industrial, and transportation sectors. This section includes a column in the price table displaying gross domestic product (GDP) price deflators for converting nominal (current year) dollars to constant (real) dollars. To convert nominal to constant dollars, divide the nominal energy price by the GDP price deflator for that particular year. Historical petroleum, electricity, coal, and natural gas prices were compiled primarily from the Energy Information Administration. How does your organization use this dataset? What other NYSERDA or energy-related datasets would you like to see on Open NY? Let us know by emailing OpenNY@nyserda.ny.gov.

Germany Electricity decreased 29.73 EUR/MWh or 25.69% 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.

In 2023, Hawaiian residents paid around ****** U.S. dollars per million British thermal unit for electricity, by far the highest price in the country. This was significantly more than electricity prices in California that year, which was the second most expensive U.S. state for electricity purchases. Electricity prices across economic sectors in the U.S. Residential customers in the U.S. paid the highest electricity prices compared to the other economic sectors. This commodity price in the state of Hawaii was over ** U.S. dollar cents per kilowatt-hour above the national average of ** U.S. dollar cents per kilowatt-hour. By comparison, the price of electricity for the industrial and the commercial sectors was considerably lower. Electricity sources in the U.S. In 2023, most of the electricity generated in the U.S. came from natural gas, with the country being a leading global producer. Due to its autonomous power sector, the U.S. experienced a relatively smaller impact on electricity prices from the 2022 energy crisis compared to other nations, particularly those in Europe. By comparison, Hawaii’s high electricity prices are a consequence of the island state’s reliance on imported oil for its power generation.

Italy Electricity decreased 21.69 EUR/MWh or 15.74% 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.

Avg Consumer Price: Electricity Supply: CF: City of Moscow data was reported at 669.780 RUB/100 kWh in Feb 2025. This stayed constant from the previous number of 669.780 RUB/100 kWh for Jan 2025. Avg Consumer Price: Electricity Supply: CF: City of Moscow data is updated monthly, averaging 471.580 RUB/100 kWh from Jan 2009 (Median) to Feb 2025, with 194 observations. The data reached an all-time high of 669.780 RUB/100 kWh in Feb 2025 and a record low of 248.800 RUB/100 kWh in Dec 2009. Avg Consumer Price: Electricity Supply: CF: City of Moscow data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Energy Sector – Table RU.RBL007: Average Consumer Price: by Region: Electricity Supply.

The retail price for electricity in the United States stood at an average of ***** U.S. dollar cents per kilowatt-hour in 2024. This is the highest figure reported in the indicated period. Nevertheless, the U.S. still has one of the lowest electricity prices worldwide. As a major producer of primary energy, energy prices are lower than in countries that are more reliant on imports or impose higher taxes. Regional variations and sector disparities The impact of rising electricity costs across U.S. states is not uniform. Hawaii stands out with the highest household electricity price, reaching a staggering ***** U.S. cents per kilowatt-hour in September 2024. This stark contrast is primarily due to Hawaii's heavy reliance on imported oil for power generation. On the other hand, states like Utah benefit from lower rates, with prices around **** U.S. cents per kilowatt-hour. Regarding U.S. prices by sector, residential customers have borne the brunt of price increases, paying an average of ***** U.S. cents per kilowatt-hour in 2023, significantly more than commercial and industrial sectors. Factors driving price increases Several factors contribute to the upward trend in electricity prices. The integration of renewable energy sources, investments in smart grid technologies, and rising peak demand all play a role. Additionally, the global energy crisis of 2022 and natural disasters affecting power infrastructure have put pressure on the electric utility industry. The close connection between U.S. electricity prices and natural gas markets also influences rates, as domestic prices are affected by higher-paying international markets. Looking ahead, projections suggest a continued increase in electricity prices, with residential rates expected to grow by *** percent in 2024, driven by factors such as increased demand and the ongoing effects of climate change.

Graph and download economic data for Average Price: Electricity per Kilowatt-Hour in U.S. City Average (APU000072610) from Nov 1978 to May 2025 about electricity, energy, retail, price, and USA.

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.

Hawaii is the state with the highest household electricity price in the United States. In September 2024, the average retail price of electricity for Hawaiian residences amounted to 41.27 U.S. cents per kilowatt-hour. California followed in second, with 30.221 U.S. cents per kilowatt-hour. Meanwhile, Utah registered the lowest price in the period, at around 11.4 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 2023, it stood at 12.7 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.

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.

Portugal - Electricity prices: Medium size households was EUR0.24 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 Portugal - Electricity prices: Medium size households - last updated from the EUROSTAT on July of 2025. Historically, Portugal - Electricity prices: Medium size households reached a record high of EUR0.24 Kilowatt-hour in December of 2024 and a record low of EUR0.16 Kilowatt-hour in December of 2010.

Graph and download economic data for Unit Labor Costs for Utilities: Electric Power Generation, Transmission and Distribution (NAICS 2211) in the United States (IPUCN2211U100000000) from 1987 to 2024 about power transmission, distributive, unit labor cost, utilities, electricity, NAICS, and USA.

UK Electricity decreased 27.25 GBP/MWh or 26.60% 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 the United Kingdom Electricity Price.