Cape Verde electricity prices
The residential electricity price in Cape Verde is
CVE 31.760 per kWh or USD 0.320.
The electricity price for businesses is
CVE 20.300 kWh or
USD 0.205.
These retail prices were collected in March 2024 and include the cost of power, distribution and transmission, and all taxes and fees.
Compare Cape Verde with 150 other countries.
Historical quarterly data, along with the latest update from September 2024 are available for download.
Sources: Agência Reguladora Multissetorial da Economia (ARME), Electra del Norte
Electricity price analysis for Cape Verde
- Residential electricity prices in Cape Verde are 203.46% of the world average electricity price and 261.80% of the average price in Africa.
- Business electricity rates in Cape Verde are 133.27% of the world average price and 183.74% of the average in Africa.
- Household rates are 156.45% of the business rates.
- Electricity prices paid by small businesses in Cape Verde are 130.39% of the prices paid by big businesses.
- The price paid by households with low electricity consumption is 87.74% of the price paid by households with high electricity consumption.
- Fossil fuels: 83.72%
- Wind: 13.95%
- Solar: 2.33%
- Hydro: 0.00%
- Nuclear: 0.00%
- Geothermal: 0.00%
