12 August 2026, 16:29
Loading...
Czech electricity prices among world's highest
David Vobořil
24 June 2025, 06:22
In the first quarter of 2025, electricity prices in the Czech Republic ranked thirteenth among the most expensive countries in the world. Neighbouring Germany ranked fifth. This was the conclusion of an analysis conducted by German comparison portal Verivox.
Households in Bermuda paid the most for electricity in international comparison, nearly 42 euro cents (CZK 10.42/kWh). They were followed by Denmark, Ireland and Belgium. Germany ranked fifth at 38 euro cents (CZK 9.43/kWh), according to the report, which draws on data for 143 countries from energy services provider Global Petrol Prices. The Czech Republic ranked thirteenth in the global ranking, with an average price for end customers of 30.35 euro cents/kWh (CZK 7.53/kWh).
The current global average electricity price for end customers is 15 euro cents per kWh (CZK 3.72/kWh), representing an increase of 29% compared with 2021. At that time, German consumers paid the highest electricity prices in the world, nearly 32 euro cents (CZK 7.94/kWh).
The cheapest electricity is in Iran, where a kilowatt-hour costs the equivalent of 0.35 euro cents (CZK 0.087/kWh), followed by Sudan at 0.53 euro cents (CZK 0.13/kWh), the report states.
Methodology
Global Petrol Prices analysed price offers for new customers from selected electricity suppliers and used them to compile a national average. To account for country-specific characteristics (market shares, average consumption), Global Petrol Prices economists also include data from government authorities. Only countries for which data are available from several independent and reliable sources are analysed.
After adjusting for purchasing power, the Czech Republic has the 16th most expensive electricity. Among European countries, only Italy is more expensive. After adjusting for purchasing power, Germany fell to 22nd place in the global ranking, but remains the country with the second-highest electricity price among the group of the most important industrialised and emerging economies (G20), behind Italy.
Purchasing power adjustment
To also account for differences in price levels between countries, Verivox converted electricity prices in a second calculation into a common artificial currency, the “international dollar”, using purchasing power parity (PPP) conversion factors published by the World Bank in 2023. PPP equalises differences in price levels between countries by indicating the number of units of the common currency needed to purchase the same volume in each country.
The parties in Germany's new coalition government have pledged to cut electricity prices for households and businesses by at least five cents per kilowatt-hour, using proceeds from the sale of emissions allowances. The parties also said they would reduce the electricity tax to the European minimum and lower grid connection charges.
You can find the cheapest household electricity supply offers in our comparison tool.
Supplier offers as of 2025-06-23
Translation disclaimer
This article is a machine translation of the Czech original and has not yet been fully reviewed. In case of any doubt, please refer to the Czech version.
Sdílejte článek prostřednictvím:
You might also like
12 August 2026, 13:16
12 August 2026, 05:30