In December 2023, industrial electricity prices in the European countries of Poland, Italy, and the United Kingdom were among the highest in the world, at over 0.45 U.S. dollars per kilowatt-hour. Singapore was the Asian country with the highest electricity bill worldwide at that time.
Lowest electricity prices in the world
The average retail electricity price in the United States was considerably lower than in most of Europe. Iceland was the European country with one of the lowest electricity bills for enterprises that month. At the bottom of the ranking were also Russia, Iraq, Qatar, Argentina, and Libya. In these countries, commercial electricity prices amounted to less than 0.1 U.S. dollars per kilowatt-hour.
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GPP. (July 10, 2024). Electricity prices for enterprises worldwide in December 2023, by select country (in U.S. dollars per kilowatt-hour) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1369634/business-electricity-price-worldwide-in-selected-countries/
GPP. "Electricity prices for enterprises worldwide in December 2023, by select country (in U.S. dollars per kilowatt-hour)." Chart. July 10, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1369634/business-electricity-price-worldwide-in-selected-countries/
GPP. (2024). Electricity prices for enterprises worldwide in December 2023, by select country (in U.S. dollars per kilowatt-hour). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1369634/business-electricity-price-worldwide-in-selected-countries/
GPP. "Electricity Prices for Enterprises Worldwide in December 2023, by Select Country (in U.S. Dollars per Kilowatt-hour)." Statista, Statista Inc., 10 Jul 2024, https://www.statista.com/statistics/1369634/business-electricity-price-worldwide-in-selected-countries/
GPP, Electricity prices for enterprises worldwide in December 2023, by select country (in U.S. dollars per kilowatt-hour) Statista, https://www.statista.com/statistics/1369634/business-electricity-price-worldwide-in-selected-countries/ (last visited November 21, 2024)
Electricity prices for enterprises worldwide in December 2023, by select country (in U.S. dollars per kilowatt-hour) [Graph], GPP, July 10, 2024. [Online]. Available: https://www.statista.com/statistics/1369634/business-electricity-price-worldwide-in-selected-countries/
