Ecuador electricity prices
The residential electricity price in Ecuador is
USD 0.097.
The electricity price for businesses is
USD 0.095.
These retail prices were collected in March 2024 and include the cost of power, distribution and transmission, and all taxes and fees.
Compare Ecuador with 150 other countries.
Historical quarterly data, along with the latest update from September 2024 are available for download.
Sources: Agencia de Regulación y Control de Energía y Recursos Naturales no Renovables, Empresa Eléctrica Quito - EEQ, La Empresa Eléctrica Pública Estratégica Corporación Nacional de Electricidad CNEL EP
Electricity price analysis for Ecuador
- Residential electricity prices in Ecuador are 63.30% of the world average electricity price and 75.64% of the average price in South America.
- Business electricity rates in Ecuador are 63.53% of the world average price and 83.08% of the average in South America.
- Household rates are 102.11% of the business rates.
- Electricity prices paid by small businesses in Ecuador are 112.63% of the prices paid by big businesses.
- The price paid by households with low electricity consumption is 118.81% of the price paid by households with high electricity consumption.
- Fossil fuels: 19.30%
- Wind: 0.19%
- Solar: 0.12%
- Hydro: 80.38%
- Nuclear: 0.00%
- Geothermal: 0.00%
