Electricity settlement tariff South Korea 2014-2023

Published by
H. Yoo,
Sep 24, 2024

Provisional figures for 2023 showed that average electricity tariff prices in South Korea have reached around 137 South Korean won per kilowatt-hour that year. This is an increase from figures shown for the past ten years.

Settlement unit prices of electricity in South Korea from 2014 to 2023 (in South Korean won per kilowatt-hour)

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Release date

April 2024

Region

South Korea

Survey time period

2014 to 2023

Supplementary notes

* Provisional figures.

1,000 South Korean won equals 0.72 U.S. dollars or 0.67 euro as of July 2024. 

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