Cape Verde electricity prices
The residential electricity price in Cape Verde is
CVE 37.210 per kWh or USD 0.364.
The electricity price for businesses is
CVE 20.300 kWh or
USD 0.199.
These retail prices were collected in June 2024 and include the cost of power, distribution and transmission, and all taxes and fees.
Compare Cape Verde with 150 other countries.
Historical quarterly data, along with the latest update from December 2024 are available for download.
Sources: Agência Reguladora Multissetorial da Economia (ARME), Electra del Norte
Electricity price analysis for Cape Verde
- Residential electricity prices in Cape Verde are 239.79% of the world average electricity price and 306.41% of the average price in Africa.
- Business electricity rates in Cape Verde are 132.88% of the world average price and 181.56% of the average in Africa.
- Household rates are 183.30% of the business rates.
- Electricity prices paid by small businesses in Cape Verde are 130.39% of the prices paid by big businesses.
- The price paid by households with low electricity consumption is 86.37% of the price paid by households with high electricity consumption.
The energy mix of Cape Verde
Based on the United States Energy Information Adminstration data from 2022, electricity in Cape Verde is produced from the following sources: fossil fuels 83.72%,
wind 13.95%,
solar 2.33%,
hydro 0.00%,
nuclear 0.00%, and
geothermal 0.00%.
You can also compare the energy mix of Cape Verde to other countries.
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