Panama electricity prices
The residential electricity price in Panama is
PAB 0.175 per kWh or USD 0.175.
The electricity price for businesses is
PAB 0.196 kWh or
USD 0.196.
These retail prices were collected in September 2024 and include the cost of power, distribution and transmission, and all taxes and fees.
Compare Panama with 150 other countries.
Historical quarterly data, along with the latest update from March 2025 are available for download.
Sources: Autoridad Nacional de los Servicios Públicos (ASEP), ENSA Panamá, Ministerio de Economía y Finanzas de Panamá, Naturgy Panamá
Electricity price analysis for Panama
- Residential electricity prices in Panama are 115.10% of the world average electricity price and 90.45% of the average price in North America.
- Business electricity rates in Panama are 135.73% of the world average price and 94.30% of the average in North America.
- Household rates are 86.14% of the business rates.
- Electricity prices paid by small businesses in Panama are 135.15% of the prices paid by big businesses.
- The price paid by households with low electricity consumption is 89.90% of the price paid by households with high electricity consumption.
The energy mix of Panama
Based on the United States Energy Information Adminstration data from 2022, electricity in Panama is produced from the following sources: fossil fuels 21.83%,
wind 3.98%,
solar 4.88%,
hydro 69.32%,
nuclear 0.00%, and
geothermal 0.00%.
You can also compare the energy mix of Panama to other countries.
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