Libya electricity prices
The residential electricity price in Libya is
LYD 0.040 per kWh or USD 0.008.
The electricity price for businesses is
LYD 0.045 kWh or
USD 0.009.
These retail prices were collected in December 2023 and include the cost of power, distribution and transmission, and all taxes and fees.
Compare Libya with 150 other countries.
Historical quarterly data, along with the latest update from June 2024 are available for download.
Sources: The General Electricity Company of Libya (GECOL)
Electricity price analysis for Libya
- Residential electricity prices in Libya are 5.32% of the world average electricity price and 6.65% of the average price in Africa.
- Business electricity rates in Libya are 6.05% of the world average price and 8.41% of the average in Africa.
- Household rates are 88.89% of the business rates.
- Electricity prices paid by small businesses in Libya are 133.33% of the prices paid by big businesses.
- The price paid by households with low electricity consumption is 100.00% of the price paid by households with high electricity consumption.
