Panama electricity prices
The residential electricity price in Panama is
PAB 0.180 per kWh or USD 0.180.
The electricity price for businesses is
PAB 0.198 kWh or
USD 0.198.
These retail prices were collected in March 2024 and include the cost of power, distribution and transmission, and all taxes and fees.
Compare Panama with 150 other countries.
Historical quarterly data, along with the latest update from September 2024 are available for download.
Sources: Autoridad Nacional de los Servicios Públicos (ASEP), ENSA Panamá, Ministerio de Economía y Finanzas de Panamá, Naturgy Panamá
Electricity price analysis for Panama
- Residential electricity prices in Panama are 117.50% of the world average electricity price and 91.46% of the average price in North America.
- Business electricity rates in Panama are 132.45% of the world average price and 92.72% of the average in North America.
- Household rates are 90.91% of the business rates.
- Electricity prices paid by small businesses in Panama are 136.36% of the prices paid by big businesses.
- The price paid by households with low electricity consumption is 88.37% of the price paid by households with high electricity consumption.
- Fossil fuels: 21.83%
- Wind: 3.98%
- Solar: 4.88%
- Hydro: 69.32%
- Nuclear: 0.00%
- Geothermal: 0.00%
