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Saudi Arabia, Turkey and Russia have the cheapest electricity in the G20

The most expensive electricity is in the European countries that are members of the grouping

Dec 6, 2025 09:05 83

Saudi Arabia, Turkey and Russia have the cheapest electricity in the G20  - 1

Saudi Arabia, Turkey and Russia have the cheapest electricity among the G20 countries, according to data from Eurostat and Rosstat.

The cheapest kilowatt-hour for households was established in Saudi Arabia with a price of $0.05, followed by Turkey with a price of $0.066. Russia ranks third, with an average price of 5.26 rubles, or $0.068.

India and China complete the top five with the cheapest electricity for homes, with prices of $0.073 and $0.075, respectively.

The top ten also includes Argentina ($0.082), Indonesia ($0.09), Mexico ($0.11), Canada ($0.12) and South Korea ($0.13).

However, electricity in the G20 is most expensive in Europe: in Germany, a kilowatt-hour costs $0.40, in Italy $0.37, and in the UK $0.35.

France ($0.259) and Australia ($0.256) are also among the five countries with the most expensive electricity.