Trinidad and Tobago electricity prices
The residential electricity price in Trinidad and Tobago is
TTD 0.354 per kWh or USD 0.052.
The electricity price for businesses is
TTD 0.359 kWh or
USD 0.053.
These retail prices were collected in June 2024 and include the cost of power, distribution and transmission, and all taxes and fees.
Compare Trinidad and Tobago with 150 other countries.
Historical quarterly data, along with the latest update from December 2024 are available for download.
Sources: Regulated Industries Commission (RIC), Trinidad and Tobago Electricity Commission (T&TEC)
Electricity price analysis for Trinidad and Tobago
- Residential electricity prices in Trinidad and Tobago are 34.51% of the world average electricity price and 27.12% of the average price in North America.
- Business electricity rates in Trinidad and Tobago are 35.55% of the world average price and 24.70% of the average in North America.
- Household rates are 98.61% of the business rates.
- Electricity prices paid by small businesses in Trinidad and Tobago are 124.47% of the prices paid by big businesses.
- The price paid by households with low electricity consumption is 79.75% of the price paid by households with high electricity consumption.
The energy mix of Trinidad and Tobago
Based on the United States Energy Information Adminstration data from 2022, electricity in Trinidad and Tobago is produced from the following sources: fossil fuels 99.89%,
wind 0.00%,
solar 0.11%,
hydro 0.00%,
nuclear 0.00%, and
geothermal 0.00%.
You can also compare the energy mix of Trinidad and Tobago to other countries.
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