I don’t know if it’s just my end alone but of recent the electricity supply from PHCN has been pretty good. In fact too good to be true. But who can satisfy Nigerians? Trust that I still need to gripe about it. Why? Well, it is a bit complicated. I use a prepaid meter and the non-stop electricity supply is zapping my “credit” so fast you could think that the utility meter is a stop watch. To get me even more annoyed, government announced that they are upgrading the prices to N25/KwH soon. Why do we always benchmark cost to other countries but we never do same for minimum wage or roads or rails or [*insert your gripe here*].
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 pay in these countries.
| Country | $/KwH | N/KwH |
| Kingdom of Tonga | 0.4570 | 73.12 |
| Denmark | 0.4289 | 68.62 |
| Italy | 0.3723 | 59.57 |
| Netherlands | 0.3470 | 55.52 |
| Germany | 0.3066 | 49.06 |
| Philippines | 0.2880 | 46.08 |
| Sweden | 0.2734 | 43.74 |
| Ireland | 0.2389 | 38.22 |
| Spain | 0.1950 | 31.20 |
| France | 0.1925 | 30.80 |
| UK | 0.1859 | 29.74 |
| Croatia | 0.1755 | 28.08 |
| Singapore | 0.1734 | 27.74 |
| Portugal | 0.1639 | 26.22 |
| Nigeria (Proposed) | 0.1563 | 25.00 |
| Hong Kong | 0.1230 | 19.68 |
| Iceland | 0.1161 | 18.58 |
| Belgium | 0.1143 | 18.29 |
| Perú | 0.1044 | 16.70 |
| South Africa | 0.1015 | 16.24 |
| USA | 0.0928 | 14.85 |
| Malaysia | 0.0742 | 11.87 |
| Australia | 0.0711 | 11.38 |
| Finland | 0.0695 | 11.12 |
| Nigeria (Currently) | 0.0625 | 10.00 |
| Canada | 0.0618 | 9.89 |
- This data is for comparison only. The validity of the data is not guaranteed.
- Naira to Dollar exchange marked to N160/$1.</
- Source: http://en.wikipedia.org/wiki/Electricity_pricing
