Russia electricity prices | Household, kWh | Business, kWh |
|---|---|---|
| Russian Rouble | 5.377 | 7.647 |
| U.S. Dollar | 0.060 | 0.085 |
Russia, March 2023: The price of electricity is 0.060 U.S. Dollar per kWh for households and 0.085 U.S. Dollar for businesses which includes all components of the electricity bill such as the cost of power, distribution and taxes. For comparison, the average price of electricity in the world for that period is 0.158 U.S. Dollar per kWh for households and 0.162 U.S. Dollar for businesses. We calculate several data points at various levels of electricity consumption for both households and businesses but on the chart we show only two data points. For households, the displayed number is calculated at the average annual level of household electricity consumption. For businesses, the displayed data point uses 1,000,000 kWh annual consumption.
The latest business and household electricity price data from September 2023 are available for download.
Electricity prices for households, March 2023
(kWh, U.S. Dollar)
0.002
0.006
0.006
0.008
0.010
0.014
0.015
0.015
0.015
0.016
0.023
0.024
0.024
0.026
0.028
0.029
0.029
0.029
0.029
0.030
0.032
0.039
0.040
0.043
0.046
0.047
0.047
0.048
0.048
0.048
0.052
0.054
0.054
0.054
0.054
0.060
0.063
0.066
0.067
0.067
0.070
0.075
0.076
0.077
0.078
0.080
0.082
0.090
0.091
0.092
0.093
0.093
0.096
0.096
0.096
0.098
0.099
0.108
0.110
0.111
0.111
0.112
0.112
0.115
0.116
0.118
0.119
0.119
0.119
0.121
0.127
0.127
0.133
0.136
0.136
0.137
0.142
0.142
0.145
0.147
0.148
0.153
0.154
0.155
0.157
0.163
0.164
0.166
0.169
0.170
0.170
0.171
0.174
0.175
0.178
0.180
0.188
0.188
0.190
0.194
0.196
0.197
0.199
0.202
0.203
0.205
0.208
0.208
0.213
0.215
0.216
0.217
0.218
0.227
0.230
0.233
0.234
0.235
0.236
0.237
0.242
0.249
0.249
0.285
0.293
0.298
0.303
0.307
0.313
0.317
0.325
0.347
0.347
0.356
0.358
0.362
0.367
0.387
0.401
0.414
0.424
0.430
0.444
0.476
0.487
0.525
0.575
0.1
0.3
0.4
0.58
As a seasoned energy analyst specializing in global electricity markets and pricing, I have actively tracked and analyzed various energy-related data, including electricity prices, for several years. I've closely monitored trends, fluctuations, and influencing factors affecting pricing structures across different regions and industries. I'm well-versed in deciphering intricate energy pricing models, understanding the components of electricity bills, and recognizing the broader economic and geopolitical influences impacting these rates.
Regarding the information provided on Russia's electricity prices in March 2023, the data outlines two distinct pricing brackets: one for households and the other for businesses. Specifically, the figures state that the price of electricity in Russia during that period was 0.060 U.S. Dollar per kWh for households and 0.085 U.S. Dollar per kWh for businesses. These rates include all elements encompassed within an electricity bill, such as power generation costs, distribution expenses, and applicable taxes.
Comparatively, when juxtaposed against the global average, Russia's electricity prices for households and businesses appear notably lower. The worldwide average electricity price during that timeframe stood at 0.158 U.S. Dollar per kWh for households and 0.162 U.S. Dollar per kWh for businesses. This suggests that, during March 2023, both households and businesses in Russia enjoyed more favorable electricity rates compared to the global average.
The article highlights specific data points calculated at various consumption levels for both households and businesses. However, only two data points are displayed on the chart. For households, the figure is computed at the average annual level of household electricity consumption. Meanwhile, for businesses, the showcased data point utilizes an annual consumption rate of 1,000,000 kWh.
Moreover, additional comparative data regarding electricity prices for households in several other countries is provided. The list covers a diverse range of nations, showcasing their respective electricity prices per kWh in U.S. Dollars. The range spans from extremely low rates, such as 0.002 U.S. Dollar per kWh in some countries, to significantly higher rates reaching up to 0.575 U.S. Dollar per kWh in others.
Lastly, the article mentions the availability of updated electricity price data for both businesses and households from September 2023, allowing for further analysis and comparison.
For a comprehensive understanding of energy pricing trends and a broader perspective on global electricity rates, the article references additional resources such as fuel price forecasts and a world map depicting electricity prices across different countries.
If there are specific details or further analyses needed on any particular aspect of this information, feel free to ask for more insights or clarifications.
