Barbados electricity prices

Barbados
Electricity prices
 Residential price 0.310
 Business price 0.322
 Measure USD / kWh
 Reference September 2023
 Data availability March 2019 - March 2024
 Data frequency Quarterly
Barbados, September 2023: The price of electricity for households is BBD 0.626 per kWh or USD 0.310 per kWh. The electricity price for businesses is BBD 0.650 kWh or USD 0.322 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
0.018
0.021
0.022
0.023
0.026
0.026
0.028
0.029
0.029
0.032
0.040
0.043
0.046
0.047
0.047
0.048
0.048
0.050
0.051
0.052
0.053
0.054
0.055
0.059
0.060
0.064
0.065
0.066
0.067
0.069
0.073
0.075
0.076
0.076
0.078
0.080
0.083
0.087
0.088
0.090
0.090
0.094
0.095
0.096
0.097
0.101
0.107
0.110
0.112
0.114
0.114
0.116
0.116
0.118
0.120
0.121
0.121
0.123
0.124
0.126
0.127
0.131
0.131
0.133
0.137
0.142
0.143
0.145
0.146
0.150
0.151
0.155
0.155
0.156
0.163
0.163
0.168
0.169
0.170
0.172
0.175
0.175
0.177
0.182
0.182
0.184
0.185
0.186
0.192
0.192
0.196
0.199
0.202
0.204
0.205
0.207
0.209
0.209
0.209
0.212
0.215
0.216
0.216
0.217
0.218
0.223
0.232
0.234
0.238
0.239
0.245
0.249
0.255
0.256
0.267
0.281
0.281
0.284
0.296
0.310
0.311
0.312
0.331
0.334
0.347
0.349
0.357
0.368
0.401
0.402
0.421
0.434
0.446
0.447
0.453
0.461
0.537
0
0.1
0.3
0.4
0.54
Sources: Barbados Light and Power Company (BL&P), Fair Trading Commission of Barbados
Barbados: Electricity price analytics
   Values
 Residential / World average price    198.83 %
 Residential / North America average    157.98 %
 Business / World average price    209.31 %
 Business / North America average    149.33 %
 Residential / Business price    96.31 %
 Low / High income households    92.44 %
 Small / Large businesses    124.04 %
Updated quarterly. Methodological notes
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