Bermuda electricity prices

Bermuda
Electricity prices
 Residential price 0.421
 Business price 0.256
 Measure USD / kWh
 Reference September 2023
 Data availability March 2019 - March 2024
 Data frequency Quarterly
Bermuda, September 2023: The price of electricity for households is BMD 0.421 per kWh or USD 0.421 per kWh. The electricity price for businesses is BMD 0.256 kWh or USD 0.256 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: Bermuda Electric Light Company Limited (BELCO), Regulatory Authority of Bermuda (RAB)
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