[size=35][size=35]The 10 cheapest countries to pay electricity and gas bills.. Where is Iraq?[/size]
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2024-11-13 | 02:55
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[You must be registered and logged in to see this link.]News - Economy
People around the world are taking drastic steps to deal with rising energy costs, especially in the winter when consumption and bills skyrocket.
In fact, the global energy crisis that has been ongoing since the beginning of the war[You must be registered and logged in to see this link.]From the Ukrainian crisis to the Israeli aggression on Gaza and Lebanon, people are struggling with inflation that is raising the cost of almost everything.
Even before the invasion[You must be registered and logged in to see this link.]To the rise in energy bills for consumers, the surge in demand after the pandemic[You must be registered and logged in to see this link.]The transition to renewable energy sources has made the energy system[You must be registered and logged in to see this link.]More fragile and vulnerable to shocks.
In this report, we will present to you the 10 most expensive and cheapest countries in the world according to a number of specialized websites and platforms.
*Europe is the most expensive
when talking about the most expensive countries in the world in terms of paying energy bills - including[You must be registered and logged in to see this link.]Gas and fossil fuels - EU countries are at the forefront.
Far from returning to pre-pandemic levels, oil prices have been[You must be registered and logged in to see this link.]Natural gas is still rising in these countries as the increased energy demand seen during the “post-pandemic” economic recovery in 2021 and 2022 led to a global energy shortage, which developed into an outright crisis in the European Union when Russia invaded Ukraine, according to Statista.
Since then, reliance on fossil fuel and gas imports in some European countries, declining hydropower production, and a decline in nuclear power capacity in France have led to higher energy inflation in the EU.
However, energy prices have declined from their peak in late 2022 to July 2024, as prices have fallen[You must be registered and logged in to see this link.]For households, the price of electricity fell by 67% on average across the EU. In the same period, average domestic gas prices fell by 71%, according to Green Match.
However, it is important to note that current prices remain around 30-40% higher for electricity and 50-70% higher for gas than pre-crisis levels in most European countries, according to the previous source.
The 10 most expensive countries for energy
*Electricity
Here is a list of the 10 most expensive countries in terms of electricity costs[You must be registered and logged in to see this link.]In 2024, specifically during June, according to the Country Economy platform:
Ireland $0.4164 per kilowatt-hour
Luxembourg $0.3266 per kilowatt-hour
Austria $0.3182 per kilowatt-hour
Netherlands $0.3131 per kilowatt-hour
Liechtenstein $0.3036 per kilowatt-hour
Germany $0.303 per kilowatt-hour
Czech Republic $0.278 per kilowatt-hour
Italy $0.2647 per kilowatt-hour
Belgium $0.2597 per kilowatt-hour
Latvia $0.2442 per kilowatt-hour
*Gas
Gas prices in the European Union countries are the most expensive in the world, especially after the war[You must be registered and logged in to see this link.]Ukrainian. In the first half of 2024, the average gas price (including taxes and fees) for household consumers in the European Union was EUR 0.110 per kWh, according to the latest Eurostat data, slightly down from EUR 0.113 per kWh in the second half of 2023.
Below is a list of the top 10 countries for household gas costs for an average household in euros per kWh for the first half of 2024. According to Eurostat data, Kerry, a Norway-based platform specializing in the analysis and visualization of socio-economic trends, draws on data from national and international statistical agencies.
Sweden $0.1901 per kWh
Netherlands $0.176 per kWh
Liechtenstein $0.1717 per kWh
Ireland $0.1372 per kWh
Denmark $0.1318 per kWh
Germany $0.1296 per kWh
Portugal $0.1285 per kWh
France $0.1274 per kWh
Italy $0.1231 per kWh
Czech Republic $0.1177 per kWh
*Top 10 Countries with Cheapest Energy Prices
*Electricity
Here is a list of the top 10 countries with cheapest energy costs[You must be registered and logged in to see this link.]In 2024, specifically in March, according to the World Pollution Review platform:
Iran $0.002 per kilowatt-hour
Ethiopia $0.003 per kilowatt-hour
Cuba $0.006 per kilowatt-hour
Syria $0.006 per kilowatt-hour
Sudan $0.006 per kilowatt-hour
Libya $0.008 per kilowatt-hour
Kyrgyzstan $0.013 per kilowatt-hour
Angola $0.013 per kilowatt-hour
Nigeria $0.014 per kilowatt-hour
[You must be registered and logged in to see this link.]$0.015 per kWh
*Gas
Many countries with large oil and gas reserves, and with significant government support, will continue to offer some of the lowest domestic gas prices in 2024. These countries, which have an abundance of natural resources, keep fuel prices well below international market averages due to state policies that protect consumers and leverage domestic production capacity. However, the sustainability of these prices remains uncertain, with increasing pressure on these governments from global market forces and domestic economic challenges.
Here are the ten countries that currently provide domestic gas at the lowest prices in 2024, according to the Petroleum Price platform:
Libya $0.0036 per kilowatt-hour
Venezuela $0.0039 per kilowatt-hour
Iran $0.006 per kilowatt-hour
Algeria $0.038 per kilowatt-hour
Kuwait $0.0383 per kilowatt-hour
Angola $0.041 per kilowatt-hour
Egypt $0.0422 per kilowatt-hour
Turkmenistan $0.0488 per kilowatt-hour
Kazakhstan $0.0512 per kilowatt-hour
Malaysia $0.0518 per kilowatt-hour
*The 10 cheapest Arab countries with prices[You must be registered and logged in to see this link.]
Below is a list of the cheapest Arab countries in terms of costs:[You must be registered and logged in to see this link.]2023 It is also among the cheapest in the world, according to the World Population Review platform.
Syria $0.014 per kilowatt/hour
Sudan $0.009 per kilowatt/hour
Libya $0.004 per kilowatt/hour
[You must be registered and logged in to see this link.]$0.013 per kWh
Oman $0.026 per kWh
Egypt $0.027 per kWh
Kuwait $0.029 per kWh Qatar $0.032
per kWh Algeria $0.039 per kWh Bahrain $0.048 per kWh
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2024-11-13 | 02:55
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[You must be registered and logged in to see this link.]News - Economy
With the arrival of winter with its cold and frost, comes with it a very important issue for families from all over the world, which is the question of energy and heating bills that must be paid at the end of each month in order to keep homes warm, knowing that a large number of the world’s peoples depend on[You must be registered and logged in to see this link.]Gas for heating homes and houses.
People around the world are taking drastic steps to deal with rising energy costs, especially in the winter when consumption and bills skyrocket.
In fact, the global energy crisis that has been ongoing since the beginning of the war[You must be registered and logged in to see this link.]From the Ukrainian crisis to the Israeli aggression on Gaza and Lebanon, people are struggling with inflation that is raising the cost of almost everything.
Even before the invasion[You must be registered and logged in to see this link.]To the rise in energy bills for consumers, the surge in demand after the pandemic[You must be registered and logged in to see this link.]The transition to renewable energy sources has made the energy system[You must be registered and logged in to see this link.]More fragile and vulnerable to shocks.
In this report, we will present to you the 10 most expensive and cheapest countries in the world according to a number of specialized websites and platforms.
*Europe is the most expensive
when talking about the most expensive countries in the world in terms of paying energy bills - including[You must be registered and logged in to see this link.]Gas and fossil fuels - EU countries are at the forefront.
Far from returning to pre-pandemic levels, oil prices have been[You must be registered and logged in to see this link.]Natural gas is still rising in these countries as the increased energy demand seen during the “post-pandemic” economic recovery in 2021 and 2022 led to a global energy shortage, which developed into an outright crisis in the European Union when Russia invaded Ukraine, according to Statista.
Since then, reliance on fossil fuel and gas imports in some European countries, declining hydropower production, and a decline in nuclear power capacity in France have led to higher energy inflation in the EU.
However, energy prices have declined from their peak in late 2022 to July 2024, as prices have fallen[You must be registered and logged in to see this link.]For households, the price of electricity fell by 67% on average across the EU. In the same period, average domestic gas prices fell by 71%, according to Green Match.
However, it is important to note that current prices remain around 30-40% higher for electricity and 50-70% higher for gas than pre-crisis levels in most European countries, according to the previous source.
The 10 most expensive countries for energy
*Electricity
Here is a list of the 10 most expensive countries in terms of electricity costs[You must be registered and logged in to see this link.]In 2024, specifically during June, according to the Country Economy platform:
Ireland $0.4164 per kilowatt-hour
Luxembourg $0.3266 per kilowatt-hour
Austria $0.3182 per kilowatt-hour
Netherlands $0.3131 per kilowatt-hour
Liechtenstein $0.3036 per kilowatt-hour
Germany $0.303 per kilowatt-hour
Czech Republic $0.278 per kilowatt-hour
Italy $0.2647 per kilowatt-hour
Belgium $0.2597 per kilowatt-hour
Latvia $0.2442 per kilowatt-hour
*Gas
Gas prices in the European Union countries are the most expensive in the world, especially after the war[You must be registered and logged in to see this link.]Ukrainian. In the first half of 2024, the average gas price (including taxes and fees) for household consumers in the European Union was EUR 0.110 per kWh, according to the latest Eurostat data, slightly down from EUR 0.113 per kWh in the second half of 2023.
Below is a list of the top 10 countries for household gas costs for an average household in euros per kWh for the first half of 2024. According to Eurostat data, Kerry, a Norway-based platform specializing in the analysis and visualization of socio-economic trends, draws on data from national and international statistical agencies.
Sweden $0.1901 per kWh
Netherlands $0.176 per kWh
Liechtenstein $0.1717 per kWh
Ireland $0.1372 per kWh
Denmark $0.1318 per kWh
Germany $0.1296 per kWh
Portugal $0.1285 per kWh
France $0.1274 per kWh
Italy $0.1231 per kWh
Czech Republic $0.1177 per kWh
*Top 10 Countries with Cheapest Energy Prices
*Electricity
Here is a list of the top 10 countries with cheapest energy costs[You must be registered and logged in to see this link.]In 2024, specifically in March, according to the World Pollution Review platform:
Iran $0.002 per kilowatt-hour
Ethiopia $0.003 per kilowatt-hour
Cuba $0.006 per kilowatt-hour
Syria $0.006 per kilowatt-hour
Sudan $0.006 per kilowatt-hour
Libya $0.008 per kilowatt-hour
Kyrgyzstan $0.013 per kilowatt-hour
Angola $0.013 per kilowatt-hour
Nigeria $0.014 per kilowatt-hour
[You must be registered and logged in to see this link.]$0.015 per kWh
*Gas
Many countries with large oil and gas reserves, and with significant government support, will continue to offer some of the lowest domestic gas prices in 2024. These countries, which have an abundance of natural resources, keep fuel prices well below international market averages due to state policies that protect consumers and leverage domestic production capacity. However, the sustainability of these prices remains uncertain, with increasing pressure on these governments from global market forces and domestic economic challenges.
Here are the ten countries that currently provide domestic gas at the lowest prices in 2024, according to the Petroleum Price platform:
Libya $0.0036 per kilowatt-hour
Venezuela $0.0039 per kilowatt-hour
Iran $0.006 per kilowatt-hour
Algeria $0.038 per kilowatt-hour
Kuwait $0.0383 per kilowatt-hour
Angola $0.041 per kilowatt-hour
Egypt $0.0422 per kilowatt-hour
Turkmenistan $0.0488 per kilowatt-hour
Kazakhstan $0.0512 per kilowatt-hour
Malaysia $0.0518 per kilowatt-hour
*The 10 cheapest Arab countries with prices[You must be registered and logged in to see this link.]
Below is a list of the cheapest Arab countries in terms of costs:[You must be registered and logged in to see this link.]2023 It is also among the cheapest in the world, according to the World Population Review platform.
Syria $0.014 per kilowatt/hour
Sudan $0.009 per kilowatt/hour
Libya $0.004 per kilowatt/hour
[You must be registered and logged in to see this link.]$0.013 per kWh
Oman $0.026 per kWh
Egypt $0.027 per kWh
Kuwait $0.029 per kWh Qatar $0.032
per kWh Algeria $0.039 per kWh Bahrain $0.048 per kWh
[You must be registered and logged in to see this link.]
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