ARGENTINA BRAZIL ECUADOR ELECTRICITY PRICES IN SOUTH AMERICA ENERGY THE CHEAPEST AND MOST EXPENSIVE INTERNATIONAL COST COMPARISSON HOW MUCH IS IT COSTING ME YOU BY COUNTRY A TO Z INDEX HUMAN RIGHTS TO LIFE

S. AMERICAN ELECTRICITY PRICES

JUST HOW MUCH ARE YOU PAYING FOR ELECTRICITY PER KILOWATT HOUR IN YOUR COUNTRY, COMPARED TO OTHER COUNTRIES?

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There is an abundance of clean, renewable, wind and solar energy that can produce green hydrogen and electricity to charge vehicle batteries, but there is no transport infrastructure to support rapid energy exchanges, refuel hydrogen vehicles and load level.

ARGENTINEAN, BRAZILIAN, ECUADORIAN - SOUTH AMERICAN ELECTRICITY PRICES

Let’s take a look at the electricity prices in Ecuador, Argentina, and Brazil:

ECUADOR

As of June 2023, the price of electricity for households in Ecuador is approximately USD 0.096 per kilowatt-hour (kWh) [1].

For businesses, the electricity price is around USD 0.085 per kWh [1]. These rates include all components of the electricity bill, such as the cost of power, distribution, and taxes.

Overall, Ecuador’s electricity prices are relatively affordable compared to the global average [1] [2].

ARGENTINA

In June 2023, the price of electricity for households in Argentina is ARS 12.320 per kWh (approximately USD 0.014 per kWh) [3].

For businesses, the electricity price is ARS 17.810 per kWh (about USD 0.021 per kWh) [3]. Again, this includes all relevant components of the electricity bill.

Argentina’s electricity prices are lower than the global average [3] [4].

BRAZIL

As of June 2023, the price of electricity for households in Brazil is approximately BRL 0.813 per kWh (equivalent to USD 0.162 per kWh) [5].

For businesses, the electricity price is BRL 0.712 per kWh (about USD 0.141 per kWh) [5].

Brazil’s electricity sector is notable for its hydropower production, but solar and wind energy are also gaining prominence [6] [7]. These rates encompass all components of the electricity bill. Brazil’s prices fall within the global average [5] [8].

AFRICAN ELECTRICITY PRICES

AUSTRALASIAN ELECTRICITY PRICES

CANADIAN ELECTRICITY PRICES

CHINESE ELECTRICITY PRICES
EUROPEAN ELECTRICITY PRICES

MIDDLE EASTERN ELECTRICITY PRICES

NORTH AMERICAN ELECTRICITY PRICES (USA)

RUSSIAN ELECTRICITY PRICES

SOUTH AMERICAN ELECTRICITY PRICES
SOUTH ASIAN ELECTRICITY PRICES

UKRAINIAN ELECTRICITY PRICES

ELECTRICITY PRICES UNITED KINGDOM

As you may imagine, if you are running a business that uses lots of energy. Location is an important factor in remaining competitive. Industry could be based near the Sahara desert, where massive solar installations make sense. And yet, there is little by way of industrial activity. Africa, is thus a blossoming energy market. Recognised in both the EGYPES and ADIPEC energy shows. With many other events concentrating on renewables like green hydrogen and electrolyzers.

The following is a a performance league table for best electricity prices, ranking countries from the cheapest to the most expensive based on the information available on the web. Remember that these rankings are subject to change over time, but as of the data available in March 2024, here’s a top ten list:

Sudan: USD 0.006 per kWh (household price)
Kyrgyzstan: USD 0.049 per kWh (household price)
Bulgaria: USD 0.078 per kWh (average household price)
Hungary: USD 0.078 per kWh (average household price)
Malta: USD 0.078 per kWh (average household price)
Kazakhstan: USD 0.079 per kWh (household price)
Uzbekistan: USD 0.080 per kWh (household price)
Tajikistan: USD 0.081 per kWh (household price)
Turkmenistan: USD 0.082 per kWh (household price)
Moldova: USD 0.083 per kWh (household price)

Please note that these rankings may not reflect the current situation. Factors such as subsidies, energy mix, and economic conditions contribute to these prices. We’ll explore the means of electricity generation in more depth later.

Let’s take a look at the electricity prices in Sudan and Kyrgyzstan, along with their potential connections to sustainability and the United Nations Sustainable Development Goal 7 (SDG 7).

ELECTRICITY PRICES IN SUDAN

As of June 2023, the price of electricity in Sudan is remarkably low. Here are the details:

- Household Price: SDG 5.000 per kilowatt-hour (kWh) or approximately USD 0.006 per kWh.
- Business Price: SDG 26.000 per kWh or approximately USD 0.029 per kWh.

These prices include all components of the electricity bill, such as the cost of power, distribution, and taxes. For comparison, the average global electricity price during that period was around USD 0.154 per kWh for households and USD 0.151 per kWh for businesses.

ELECTRICITY PRICES IN KYRGYSTAN

In Kyrgyzstan, the electricity prices are also notably low. As of June 2023:

Household Price: KZT 22.070 per kWh or approximately USD 0.049 per kWh.
Business Price: KZT 28.850 per kWh or approximately USD 0.064 per kWh.

Again, these prices include all components of the electricity bill. Kyrgyzstan’s low electricity prices contribute to its energy affordability for both households and businesses. However, it’s essential to understand the context behind these prices.

POSSIBLE REASONS FOR LOW PRICES

Energy Mix: Both Sudan and Kyrgyzstan have diverse energy sources, including hydropower and other renewables. Hydropower, being a renewable resource, often leads to lower electricity costs, begging the question why is electricity priced higher in Canada.

Subsidies: Governments in these countries may provide subsidies to keep electricity prices affordable for citizens. These subsidies can help mitigate the cost of power generation.

Economic Factors: Economic conditions, currency exchange rates, and overall development levels influence energy prices. Lower costs of production and distribution can contribute to lower prices.

Historical Context: Historical energy policies and infrastructure investments play a role. For example, Kyrgyzstan has a long-standing tradition of hydropower development.
Connection to SDG 7:

SDG 7 aims to ensure access to affordable, reliable, sustainable, and modern energy for all. Both Sudan and Kyrgyzstan’s low electricity prices align with this goal. By providing affordable energy, they contribute to economic development, poverty reduction, and improved living standards. However, it’s essential to balance affordability with environmental sustainability and climate change mitigation.

Efforts to achieve SDG 7 involve enhancing energy efficiency, promoting renewable energy sources, and fostering international cooperation. Both countries can continue working toward sustainable energy systems while ensuring affordability for their citizens.

Please note that exchange rates can fluctuate, so it’s essential to check real-time rates for precise conversions. Anyway you look at it, in the EU consumers are being ripped off, to benefit rich shareholding investors. Maybe, it's time for change? To allow the people, to take back control of their energy prices. We cannot help but make a reference to Financial Slavery at this point. Because, high food and energy prices lead to food poverty and energy poverty. Kicking in other UN SDGs: 1, 2, 3 and 10, 11, 12.

BASIC HUMAN RIGHTS

Electricity should be cheaply available to all, as a basic human right. As per Sustainability Development Goal 7. It is the duty of every government to strive to achieve affordable clean energy for their administrative geographical region. Profits should not come into the frame, where it introduces energy poverty, or financial slavery. Privatization of existing grids can lead to a focus on shareholder profits over grid modernization and expansion, making electricity less affordable for low-income populations. This is particularly detrimental in developing nations where access to reliable energy is crucial for basic needs and development.

PROFITEERING & MORALS

You may be asking why people should profit from energy and is that legal? Mostly, energy companies have shareholders who derive an income based on share dividends. Sometimes those energy companies would rather they grab a nice profit for themselves, rather than invest in renewables and infrastructure (storage), to make electricity cheaper for their customers. If this is happening in your region, it is because politicians are allowing it to continue. Whereas, policy changes, as statutory requirements - making it law, could force suppliers to invest first, with dividends later. Provided that a good level of investment has been made. Otherwise, suppliers, and of course the infrastructure network (in the UK Power Networks) should lose their franchise.

THE CASE FOR NATIONALIZATION

The alternative is nationalization, where there are no dividends or shareholders to leach off a captive market. Then, the matter of procurement fraud may rise to the surface as something to keep an eye open for. As in tender bids and transparent tendering. A State operated Grid, Power Storage, and State operated Power Stations, Solar and Wind Farms, would seem to be the only way that SDG7 might be complied with.

[1] https://www.globalpetrolprices.com/Ecuador/electricity_prices/
[2] https://traveltables.com/country/ecuador/cost-of-living/
[3] https://www.globalpetrolprices.com/Argentina/electricity_prices/
[4] https://www.statista.com/statistics/1401272/average-electricity-price-argentina/
[5] https://www.globalpetrolprices.com/Brazil/electricity_prices/
[6] https://www.statista.com/topics/5267/electricity-in-brazil/
[7] https://www.statista.com/statistics/985743/brazil-electricity-consumption-rate-sector/
[8] https://www.statista.com/statistics/1174022/brazil-monthly-residential-electricity-price/
[9] https://internationalliving.com/countries/ecuador/cost-of-living-in-ecuador/
[10] https://www.statista.com/statistics/1174512/price-residential-electricity-argentina/

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