Panama electricity prices

Panama
Electricity prices
 Residential price 0.170
 Business price 0.187
 Measure USD / kWh
 Reference September 2023
 Data availability March 2019 - March 2024
 Data frequency Quarterly
Panama, September 2023: The price of electricity for households is PAB 0.170 per kWh or USD 0.170 per kWh. The electricity price for businesses is PAB 0.187 kWh or USD 0.187 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 0.152 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 March 2024 are available for download.
Electricity prices for households, September 2023
(kWh, U.S. Dollar)
0.002
0.003
0.006
0.006
0.006
0.008
0.013
0.014
0.015
0.015
0.016
0.017
0.020
0.021
0.023
0.026
0.026
0.028
0.029
0.029
0.032
0.040
0.044
0.046
0.047
0.047
0.048
0.048
0.050
0.051
0.052
0.053
0.053
0.055
0.059
0.061
0.064
0.065
0.065
0.067
0.069
0.073
0.075
0.076
0.077
0.078
0.080
0.083
0.087
0.088
0.090
0.090
0.093
0.095
0.096
0.097
0.100
0.108
0.110
0.113
0.113
0.113
0.115
0.116
0.118
0.120
0.121
0.121
0.123
0.124
0.125
0.127
0.131
0.131
0.133
0.137
0.140
0.143
0.145
0.146
0.149
0.150
0.155
0.156
0.156
0.161
0.163
0.168
0.169
0.170
0.172
0.175
0.175
0.177
0.180
0.181
0.184
0.184
0.185
0.192
0.193
0.197
0.198
0.202
0.204
0.205
0.206
0.209
0.210
0.210
0.212
0.213
0.215
0.216
0.217
0.217
0.222
0.232
0.233
0.238
0.239
0.245
0.250
0.254
0.256
0.267
0.281
0.281
0.284
0.296
0.310
0.312
0.312
0.331
0.333
0.347
0.349
0.358
0.368
0.401
0.402
0.421
0.434
0.446
0.448
0.453
0.461
0.537
0
0.1
0.3
0.4
0.54
Sources: Autoridad Nacional de los Servicios Públicos (ASEP), ENSA Panamá, Ministerio de Economía y Finanzas de Panamá, Naturgy Panamá
Panama: Electricity price analytics
   Values
 Residential / World average price    109.02 %
 Residential / North America average    86.62 %
 Business / World average price    121.58 %
 Business / North America average    86.74 %
 Residential / Business price    90.91 %
 Low / High income households    89.71 %
 Small / Large businesses    131.55 %
Updated quarterly. Methodological notes
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