Electricity is essential to modern daily life, with its use touching on most aspects of our lives. Countries with the cheapest cost of electricity enjoy this perk owing to factors like geographical location, natural resource availability, and technological development. A country’s electricity generation mix is crucial in determining its population’s electricity costs. In countries with abundant natural resources like hydroelectric, solar, or wind power, electricity tends to be more affordable. Control over energy sources also affects electricity costs. Countries with consistent gas supplies exercise greater control over prices.
Here are the top 20 countries that have the lowest electricity costs in the world.
| Rank | Country | Cost kilowatt per hour |
| 1. | Iran | $0.002 |
| 2. | Syria | $0.005 |
| 3. | Ethiopia | $0.006 |
| 4. | Sudan | $0.008 |
| 5. | Libya | $0.008 |
| 6. | Kyrgyzstan | $0.010 |
| 7. | Angola | $0.014 |
| 8. | Bhutan | $0.015 |
| 9. | Zimbabwe | $0.015 |
| 10. | Iraq | $0.015 |
| 11. | Suriname | $0.016 |
| 12. | Uzbekistan | $0.024 |
| 13. | Zambia | $0.024 |
| 14. | Nigeria | $0.025 |
| 15. | Argentina | $0.025 |
| 16. | Oman | $0.026 |
| 17. | Egypt | $0.029 |
| 18. | Kuwait | $0.029 |
| 19. | Laos | $0.029 |
| 20. | Myanmar | $0.029 |
