Comparison of electricity tariffs in other countries

The following table shows the price of electricity per Kilowatt Hour across different countries. This should serve as a quick reference to what other guys like us pay in these countries.

Country $/KwH N/KwH
Kingdom of Tonga 0.4570 68.55
Denmark 0.4289 64.34
Italy 0.3723 55.85
Netherlands 0.3470 52.05
Germany 0.3066 45.99
Philippines 0.2880 43.20
Sweden 0.2734 41.01
Ireland 0.2389 35.84
Spain 0.1950 29.25
France 0.1925 28.88
UK 0.1859 27.89
Croatia 0.1755 26.33
Singapore 0.1734 26.01
Portugal 0.1639 24.59
Nigeria (Proposed) 0.1467 22.00
Hong Kong 0.1230 18.45
Iceland 0.1161 17.42
Belgium 0.1143 17.15
Perú 0.1044 15.66
South Africa 0.1015 15.23
USA 0.0928 13.92
Malaysia 0.0742 11.13
Australia 0.0711 10.67
Finland 0.0695 10.43
Canada 0.0618 9.27
Nigeria (Currently) 0.0467 7.00

Author: dejiolowe

Adédèjì is the founder of Lendsqr, the loan infrastructure fintech powering lenders at scale. Before this, he led Trium Limited, the corporate VC of the Coronation Group, which invested in Woven Finance, Sparkle Bank, Clane, and L1ght, amongst others. He has almost two decades of banking experience, including stints as the Divisional Head of Electronic Banking at Fidelity Bank Plc. He drove the turnaround of the bank’s digital business. He was previously responsible for United Bank for Africa Group’s payment card business across 19 countries. Alongside other industry veterans, he founded Open Banking Nigeria, the nonprofit driving the development and adoption of a common API standard for the Nigerian financial industry. Beyond open APIs, Adédèjì works deeply within the fintech ecosystem; he’s the board chairman at Paystack. Adédèjì is a renowned fintech pundit and has been blogging on technology and payments at dejiolowe.com since 2001.

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