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Revision as of 13:42, 12 June 2011

Electricity pricing (sometimes referred to as electricity tariff or the price of electricity) varies widely from country to country, and may vary signicantly from locality to locality within a particular country. There are many reasons that account for these differences in price. The price of power generation depends largely on the type and market price of the fuel used, government subsidies, government and industry regulation, and even local weather patterns.

Basis of electricity rates

Electricity prices vary all over the world, even within a single region or power-district of a single country. In standard regulated monopoly markets, they typically vary for residential, business, and industrial customers, and for any single customer class, might vary by time-of-day or by the capacity or nature of the supply circuit (e.g., 5 kW, 12 kW, 18 kW, 24 kW are typical in some of the large developed countries); for industrial customers, single-phase vs. 3-phase, etc. If a specific market allows real-time dynamic pricing, a more recent option in only a few markets to date, prices can vary by a factor of ten or so between times of low and high system-wide demand.

Price comparison

As of June 2009, Denmark has the most expensive electricity tariff in Europe with tax included, followed by Italy. Ireland has the highest pre-tax tariff. France has the lowest pre-tax price for electricity in Europe, at 4.75 Eurocents/kWh, and second-lowest price with tax of European countries. A comparative list of June 2009 prices for Europe may be found in the European Household Electricity Price Index.[1]

The following is a rough comparison of electricity tariffs of industrialised countries and territories around the world.[2]

Global electricity price comparison

Country/Territory US cents/1kWh As of Sources
Argentina 5.74 2006–2007 2005–2006 [7]<[2]
Australia 18.55 2006–2007 2009–2010 PEI[2]
Belgium 11.43 2006–2007 2006–2007 PEI[2]
Canada 6.18 2006–2007 2006–2007 PEI[2]
Chile 23.11 2011-01-01 2011-01-01 Chilectra[3]
Croatia 17.55 2008-07-01 2008-07-01 HEP
Denmark 42.89 2006–2007 2006–2007 PEI[2]
Finland 6.95 2006–2007 2006–2007 PEI[2]
France 19.25 July 2009 2009 EEP[4]
Germany 30.66 July 2009 2009 EEP[4]
Hong Kong
(Kowloon/ NT) 		11.80 2008-04-23 2010 CLP announces new tariff[5]
Hong Kong
(HK Is.) 		12.30 2008-04-23 2008-05-07 HEC[6]
Iceland 8.45 2008-07-07 2010-08-15 OR[7]
Ireland 23.89 2006–2007 2006–2007 ESB[8]
Italy 37.23 July 2009 2009 EEP[4]
Latvia 21.48 April 2011 2011 Latvenergo[9]
Malaysia 7.42 Dec 2007 Dec 2007 ST[10]
Moldova Republic of 11.11 Aprile 2011 2011 RUF[citation needed]
Netherlands 34.70 July 2009 2009 EEP[4]
Perú 10.44 2006–2007 2006–2007 PTL[11]
Philippines 15.80 April 2010 April 2010 EEP[4]
Portugal 12.85 2010 2010 EDP[12]
Russia 13.00 2011 2011 moscow-electro[13]
Singapore 20.69 June 2011 [14]
Spain 19.69 2011 2011 Iberdrola[15]
South Africa 17.1 2008–2009 2011-2012 Eskom[16]
Sweden 27.34 July 2009 2009 EEP[4]
Kingdom of Tonga 45.70 June 2010 2010 [17]
Turkey 18.3 January 2010 2010 [18]
UK 18.59 July 2009 2009 EEP[4]
Ukraine 3.05 2011 2011 [8][19]
USA 9.28 2006–2007 2006–2007 PEI[2]
Uzbekistan 4.95 2011 2011 Stroyka.uz[19]

See also

References

  1. ^ European Household Electricity Price Index for Europe (HEPI), Who is paying the most, who is paying the least and where are prices heading in Europe?, June 2009
  2. ^ a b c d e f g h [http://www.lanacion.com.ar/nota.asp?nota_id=860462:Los precios de la energía, desiguales en el país y lejos de los valores regionales / Los precios de la energía, desiguales en el país y lejos de los valores regionales ] – La nacion Cite error: The named reference "pepei" was defined multiple times with different content (see the help page).
  3. ^ "Energy Supply Pricing for Clients Subject to Price Regulation" (PDF). Chilectra. Jan 01, 2011. Retrieved Feb 10, 2011. {{cite web}}: Check date values in: |date= (help)
  4. ^ a b c d e f g Domestic EU Electricity Prices Cite error: The named reference "EEP" was defined multiple times with different content (see the help page).
  5. ^ [1] – China Light and Power, retrieved on April 11, 2010
  6. ^ Tariff table – Hong Kong Electric, retrieved on July 16, 2008
  7. ^ Prices and Rates – Orkuveita Reykjavíkur, retrieved on August 15, 2010 (in Icelandic)
  8. ^ Domestic Rural Charges – Electricity Supply Board, retrieved on July 8, 2008
  9. ^ Jaunie elektroenerģijas tarifi neskars pusi mājsaimniecību
  10. ^ "Electric Supply Industry in Malaysia Performance And Statistical Information 2007" (PDF). Suruhanjaya Tenaga. Retrieved May 25, 2009.
  11. ^ Pliegos tarifarios de Lima-OSINERGMIN/GART
  12. ^ [2] Portuguese supplier
  13. ^ [3] Moscow supplier
  14. ^ [4]
  15. ^ [5] Spanish Supplier
  16. ^ "2008/9 Tariffs and Charges" (PDF). Retrieved October 14, 2009.
  17. ^ [6]
  18. ^ TEDAS
  19. ^ a b See list in bottom right.
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