Israel electricity prices

Israel
Electricity prices
 Residential price 0.168
 Business price 0.107
 Measure USD / kWh
 Reference September 2023
 Data availability March 2019 - March 2024
 Data frequency Quarterly
Israel, September 2023: The price of electricity for households is ILS 0.617 per kWh or USD 0.168 per kWh. The electricity price for businesses is ILS 0.393 kWh or USD 0.107 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: Israel Electric Corporation (IEC), The Israel Public Utility Authority for Electricity
Israel: Electricity price analytics
   Values
 Residential / World average price    105.76 %
 Residential / Asia average    205.37 %
 Business / World average price    68.29 %
 Business / Asia average    98.41 %
 Residential / Business price    157.00 %
 Low / High income households    125.47 %
 Small / Large businesses    182.17 %
Updated quarterly. Methodological notes
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