Colombia electricity prices

Colombia
Electricity prices
 Residential price 0.198
 Business price 0.198
 Measure USD / kWh
 Reference December 2023
 Data availability March 2019 - June 2024
 Data frequency Quarterly
Colombia, December 2023: The price of electricity for households is COP 807.960 per kWh or USD 0.198 per kWh. The electricity price for businesses is COP 807.190 kWh or USD 0.198 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 0.153 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 June 2024 are available for download.
Electricity prices for households, December 2023
(kWh, U.S. Dollar)
0.002
0.006
0.006
0.006
0.006
0.008
0.013
0.014
0.015
0.015
0.015
0.017
0.019
0.020
0.023
0.023
0.026
0.027
0.029
0.032
0.040
0.043
0.046
0.047
0.047
0.047
0.048
0.048
0.049
0.050
0.052
0.053
0.053
0.055
0.058
0.062
0.065
0.065
0.067
0.072
0.073
0.075
0.075
0.076
0.078
0.080
0.083
0.087
0.089
0.090
0.090
0.093
0.094
0.096
0.096
0.101
0.107
0.108
0.111
0.112
0.112
0.115
0.116
0.119
0.120
0.121
0.121
0.123
0.125
0.126
0.127
0.131
0.131
0.137
0.142
0.143
0.143
0.145
0.145
0.148
0.151
0.154
0.154
0.156
0.156
0.162
0.162
0.170
0.173
0.173
0.174
0.175
0.175
0.176
0.181
0.182
0.188
0.192
0.195
0.196
0.197
0.197
0.198
0.202
0.203
0.204
0.209
0.212
0.216
0.217
0.217
0.225
0.226
0.230
0.232
0.232
0.234
0.238
0.239
0.245
0.249
0.253
0.267
0.269
0.274
0.274
0.279
0.280
0.281
0.292
0.296
0.298
0.311
0.314
0.319
0.335
0.336
0.339
0.381
0.393
0.398
0.400
0.406
0.413
0.424
0.452
0.474
0.520
0
0.1
0.3
0.4
0.52
Sources: Banco de la República, Colombia, Comisión de Regulación de Energía y Gas (CREG), Empresas Públicas de Medellín (EPM), Enel Colombia
Colombia: Electricity price analytics
   Values
 Residential / World average price    128.57 %
 Residential / South America average    158.53 %
 Business / World average price    129.87 %
 Business / South America average    178.16 %
 Residential / Business price    100.10 %
 Low / High income households    33.97 %
 Small / Large businesses    124.62 %
Updated quarterly. Methodological notes
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