How much does electricity cost around the world?

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How much does electricity cost around the world?

Electricity can be produced using a variety of methods, from simple water wheels and windmills to coal-fired power stations and solar panels, hydroelectric dams and nuclear power plants. Each of these methods has its own costs, strengths and weaknesses, and most are better suited to some countries and locations than others.

Electricity prices can also be affected by world events, especially if these events affect the prices of fossil fuels such as coal and natural gas, which are often burned by power plants to generate electricity. Russia's invasion of Ukraine in 2022 halted the export of fossil fuels from Russia and Ukraine, leading to a sharp increase in the price of electricity (and many other commodities) around the world, particularly in Europe.

• 10 countries with the highest electricity:

Denmark - $0,538
Germany - $0,530
Great Britain - $0,479
Austria - $0,471
Italy — $0,470
Belgium — $0,452
Bermuda — $0,395
Spain - $0,373
Cayman Islands - $0,366
Czech Republic - $0,367

• In Uzbekistan, this figure is about 1-3 cents ($8-0.03) per 0.08kw/h.

👉Would you pay a higher price like Europe to keep the electricity grid at home?😀

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