Maldives electricity prices
The residential electricity price in the Maldives is
MVR 1.605 per kWh or USD 0.104.
These retail prices were collected in September 2024 and include the cost of power, distribution and transmission, and all taxes and fees.
Compare the Maldives with 150 other countries.
Historical quarterly data, along with the latest update from March 2025 are available for download.
Sources: State Electric Company (STELCO)
Electricity price analysis for the Maldives
- Residential electricity prices in the Maldives are 73.24% of the world average electricity price and 132.03% of the average price in Asia.
- The price paid by households with low electricity consumption is 56.37% of the price paid by households with high electricity consumption.
The energy mix of the Maldives
Based on the United States Energy Information Adminstration data from 2022, electricity in the Maldives is produced from the following sources: fossil fuels 92.94%,
wind 0.00%,
solar 7.06%,
hydro 0.00%,
nuclear 0.00%, and
geothermal 0.00%.
You can also compare the energy mix of the Maldives to other countries.
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