U.S. electricity isn’t particularly expensive compared to some other advanced economies, but it isn’t the cheapest, either.
According to the U.S. Energy Information Administration, the U.S. average residential price of electricity was about 13 cents per kilowatt-hour in 2019. Most European countries pay much more, according to a website that compares energy prices around the globe. In June 2020, the average German household paid almost 39 cents per kWh. Rates in Venezuela, Sudan and Libya were the lowest, at less than half a cent. Households in the U.S. paid nearly 15 cents per kWh in the same period, according to this site’s data.
Any U.S. average obscures wide variations across the country, reflecting different generation sources, local policies and geography. In 2019, customers in Hawaii paid almost four times more for electricity than customers in Louisiana.