Maldives electricity prices

The residential electricity price in the Maldives is MVR 1.488 per kWh or USD 0.097. These retail prices were collected in March 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 December 2024 are available for download.
Sources: State Electric Company (STELCO)
Electricity price analysis for the Maldives

  • Residential electricity prices in the Maldives are 63.00% of the world average electricity price and 118.11% of the average price in Asia.


  • The price paid by households with low electricity consumption is 52.75% of the price paid by households with high electricity consumption.


The energy mix of the Maldives (2022 U.S. EIA data)

  • Fossil fuels: 92.94%


  • Wind: 0.00%


  • Solar: 7.06%


  • Hydro: 0.00%


  • Nuclear: 0.00%


  • Geothermal: 0.00%

Compare the energy mix of the Maldives to other countries.


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