South Africa electricity prices

South Africa
Electricity prices
 Residential price 0.182
 Business price 0.088
 Measure USD / kWh
 Reference September 2023
 Data availability March 2019 - March 2024
 Data frequency Quarterly
South Africa, September 2023: The price of electricity for households is ZAR 3.292 per kWh or USD 0.182 per kWh. The electricity price for businesses is ZAR 1.583 kWh or USD 0.088 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 0.154 per kWh for households and USD 0.150 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
0.015
0.017
0.019
0.020
0.022
0.023
0.026
0.027
0.027
0.029
0.032
0.040
0.043
0.046
0.047
0.047
0.048
0.048
0.048
0.050
0.052
0.053
0.054
0.055
0.059
0.063
0.064
0.065
0.065
0.067
0.069
0.070
0.075
0.075
0.076
0.078
0.080
0.082
0.087
0.088
0.088
0.090
0.094
0.095
0.095
0.096
0.101
0.103
0.106
0.108
0.109
0.112
0.115
0.116
0.117
0.119
0.120
0.120
0.122
0.124
0.125
0.127
0.130
0.130
0.132
0.137
0.142
0.142
0.144
0.145
0.148
0.149
0.153
0.154
0.155
0.156
0.161
0.166
0.170
0.172
0.173
0.173
0.173
0.175
0.177
0.179
0.181
0.182
0.183
0.190
0.191
0.194
0.196
0.197
0.201
0.202
0.202
0.207
0.207
0.212
0.212
0.213
0.214
0.215
0.217
0.221
0.222
0.231
0.232
0.235
0.236
0.237
0.249
0.250
0.253
0.264
0.278
0.281
0.281
0.297
0.308
0.308
0.310
0.328
0.344
0.344
0.346
0.351
0.364
0.397
0.401
0.421
0.430
0.446
0.453
0.456
0.460
0.532
0
0.1
0.3
0.4
0.53
Sources: Eskom South Africa, National Energy Regulator of South Africa (NERSA)
South Africa: Electricity price analytics
   Values
 Residential / World average price    113.08 %
 Residential / Africa average    150.68 %
 Business / World average price    55.13 %
 Business / Africa average    79.92 %
 Residential / Business price    207.96 %
 Low / High income households    175.39 %
 Small / Large businesses    221.29 %
Updated quarterly. Methodological notes
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