Macedonia electricity prices

Macedonia
Electricity prices
 Residential price 0.121
 Business price 0.210
 Measure USD / kWh
 Reference December 2023
 Data availability March 2019 - June 2024
 Data frequency Quarterly
Macedonia, December 2023: The price of electricity for households is MKD 6.880 per kWh or USD 0.121 per kWh. The electricity price for businesses is MKD 11.962 kWh or USD 0.210 per kWh. This includes all components of the electricity bill such as the cost of power, distribution and taxes. For comparison, the average price of electricity in the world for that period is USD 0.156 per kWh for households and USD 0.153 per kWh for businesses.

We calculate several data points at various levels of electricity consumption for both households and businesses but on the chart we show only two data points. For households, the displayed number is calculated at the average annual level of household electricity consumption. For businesses, the displayed data point uses 1,000,000 kWh annual consumption.

The latest business and household electricity price data from June 2024 are available for download.
Electricity prices for households, December 2023
(kWh, U.S. Dollar)
0.002
0.006
0.006
0.006
0.006
0.008
0.013
0.014
0.015
0.015
0.015
0.017
0.019
0.020
0.023
0.023
0.026
0.027
0.029
0.032
0.040
0.043
0.046
0.047
0.047
0.047
0.048
0.048
0.049
0.050
0.052
0.053
0.053
0.055
0.058
0.062
0.065
0.065
0.067
0.072
0.073
0.075
0.075
0.076
0.078
0.080
0.083
0.087
0.089
0.090
0.090
0.093
0.094
0.096
0.096
0.101
0.107
0.108
0.111
0.112
0.112
0.115
0.116
0.119
0.120
0.121
0.121
0.123
0.125
0.126
0.127
0.131
0.131
0.137
0.142
0.143
0.143
0.145
0.145
0.148
0.151
0.154
0.154
0.156
0.156
0.162
0.162
0.170
0.173
0.173
0.174
0.175
0.175
0.176
0.181
0.182
0.188
0.192
0.195
0.196
0.197
0.197
0.198
0.202
0.203
0.204
0.209
0.212
0.216
0.217
0.217
0.225
0.226
0.230
0.232
0.232
0.234
0.238
0.239
0.245
0.249
0.253
0.267
0.269
0.274
0.274
0.279
0.280
0.281
0.292
0.296
0.298
0.311
0.314
0.319
0.335
0.336
0.339
0.381
0.393
0.398
0.400
0.406
0.413
0.424
0.452
0.474
0.520
0
0.1
0.3
0.4
0.52
Sources: Државен завод за статистика, ЕВН Македонија, Регулаторна комисија за енергетика (ERC)
Macedonia: Electricity price analytics
   Values
 Residential / World average price    77.68 %
 Residential / Europe average    51.52 %
 Business / World average price    136.55 %
 Business / Europe average    101.64 %
 Residential / Business price    57.52 %
 Low / High income households    103.72 %
 Small / Large businesses    126.07 %
Updated quarterly. Methodological notes
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