Electricity price by country 2023

Household electricity prices vary greatly across the world. In 2023, 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.

The European countries of Italy and Germany saw their residential electricity prices surpass 0.55 U.S. dollars per kilowatt-hour during the 2022 energy crisis.

Household electricity prices worldwide from March 2019 to December 2023, by select country (in U.S. dollars per kilowatt-hour)

Characteristic	Italy	United Kingdom	Germany	France	Spain	Japan	Brazil	United States	Mexico	China	India	Russia	Qatar	Nigeria	Iran*
Mar 2019	0.26	0.25	0.35	0.19	0.25	0.28	0.17	0.14	0.08	0.08	0.08	0.07	0.03	0.07	0.01
Jun 2019	0.25	0.27	0.34	0.19	0.23	0.27	0.17	0.15	0.09	0.08	0.08	0.07	0.03	0.07	0.01
Sep 2019	0.26	0.24	0.35	0.2	0.24	0.28	0.15	0.15	0.07	0.08	0.08	0.06	0.03	0.07	0.01
Dec 2019	0.28	0.26	0.37	0.21	0.24	0.29	0.14	0.14	0.08	0.08	0.08	0.06	0.03	0.07	0
Mar 2020	0.27	0.27	0.39	0.22	0.24	0.29	0.15	0.15	0.08	0.08	0.08	0.06	0.03	0.07	0
Jun 2020	0.25	0.26	0.38	0.22	0.22	0.28	0.14	0.15	0.08	0.08	0.08	0.06	0.03	0.06	0.01
Sep 2020	0.26	0.26	0.37	0.22	0.24	0.26	0.14	0.15	0.08	0.08	0.08	0.06	0.03	0.06	0.01
Dec 2020	0.26	0.26	0.37	0.22	0.23	0.26	0.14	0.15	0.08	0.09	0.08	0.06	0.03	0.06	0.01
Mar 2021	0.25	0.26	0.36	0.2	0.24	0.25	0.12	0.15	0.08	0.09	0.08	0.06	0.03	0.06	0
Jun 2021	0.24	0.27	0.35	0.2	0.23	0.25	0.15	0.15	0.08	0.09	0.08	0.03	0.03	0.06	0
Sep 2021	0.23	0.28	0.35	0.2	0.26	0.24	0.16	0.16	0.09	0.09	0.08	0.06	0.03	0.06	0.01
Dec 2021	0.24	0.33	0.34	0.19	0.32	0.22	0.2	0.16	0.09	0.08	0.08	0.08	0.03	0.06	0.01
Mar 2022	0.32	0.33	0.46	0.19	0.33	0.23	0.19	0.16	0.09	0.08	0.07	0.08	0.03	0.05	0.01
Jun 2022	0.46	0.47	0.52	0.21	0.37	0.25	0.2	0.18	0.1	0.08	0.07	0.06	0.03	0.05	0.01
Sep 2022	0.57	0.41	0.55	0.21	0.36	0.25	0.17	0.18	0.1	0.08	0.07	0.06	0.03	0.05	0
Mar 2023	0.56	0.46	0.41	0.21	0.22	0.21	0.16	0.18	0.1	0.08	0.08	0.05	0.03	0.03	0
Jun 2023	0.43	0.44	0.4	0.26	0.23	0.23	0.16	0.17	0.11	0.08	0.08	0.07	0.03	0.05	0
Sep 2023	0.46	0.44	0.4	0.28	0.24	0.22	0.17	0.17	0.12	0.08	0.08	0.06	0.03	0.02	0
Dec 2023	0.45	0.4	0.4	0.28	0.24	0.2	0.15	0.16	0.11	0.08	0.08	0.06	0.03	0.02	0

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Release date

2024

More information

Region

Worldwide

Survey time period

March 2019 to December 2023

Special properties

*Electricity price below 0.005 U.S. dollars per kilowatt-hour when the figure is 0.

Supplementary notes

Figures include all items in the electricity bill, including distribution and energy cost, as well as environmental and fuel charges and taxes.

Figures were rounded.

The source does not specify a release date. Date of release is date of last access.

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