South Korea electricity prices
The residential electricity price in South Korea is
KRW 171.600 per kWh or USD 0.130.
The electricity price for businesses is
KRW 154.848 kWh or
USD 0.118.
These retail prices were collected in June 2025 and include the cost of power, distribution and transmission, and all taxes and fees.
Compare South Korea with 150 other countries.
Historical quarterly data, along with the latest update from December 2025 are available for download.
Sources: Korea Electric Power Corporation (KEPCO), Korea Electricity Regulatory Commission
Electricity price analysis for South Korea
- Residential electricity prices in South Korea are 82.44% of the world average electricity price and 163.14% of the average price in Asia.
- Business electricity rates in South Korea are 86.80% of the world average price and 126.26% of the average in Asia.
- Household rates are 98.22% of the business rates.
- Electricity prices paid by small businesses in South Korea are 104.83% of the prices paid by big businesses.
- The price paid by households with low electricity consumption is 60.21% of the price paid by households with high electricity consumption.
The energy mix of South Korea
Based on the United States Energy Information Adminstration data from 2022, electricity in South Korea is produced from the following sources: fossil fuels 0.00%,
wind 0.00%,
solar 0.00%,
hydro 0.00%,
nuclear 0.00%, and
geothermal 0.00%.
You can also compare the energy mix of South Korea to other countries.
Explore further
