THE HOUSE OF SEKHON - YOUR PARTNER IN CAPITAL ASSETS CREATION. USING FREE MARKETS TO CREATE A RICHER, FREER, HAPPIER WORLD !!!!!

The Most Expensive Electricity

Who pays the most for electricity in the world?

Well, even though we all feel like we are paying too much, some residents of some countries pay astronomically compared to others. The main problem is sourcing it, and so isolated island nations end up paying much much more than even the wealthiest western nations.

In fact, Germany is the only country in the Top 10 most expensive that is not an island nation. This is because Germany has set high carbon emission rights prices. As a result, they are pushing for a higher reliance on renewable sources, such as wind. Their neighbour, Denmark produced 42% of their electricity from Wind.

Danish Wind Turbines

So who is the Top 15? (Country and US Cents Per Kilowatt Hour )

1 Solomon Islands 99.0
2 Vanuatu 60.0
3 United States Virgin Islands 51.9
4 Cook Islands 50.2
5 Tonga 47.0
6 Jamaica 44.7
7 Niue 44.3
8 Marshall Islands 41.6
9 Tuvalu 36.6
10 Germany 35.0
11 Denmark 33.0
12 Kiribati 32.7
13 Belgium 29.1
14 Netherlands 28.9
15 Italy 28.4

According to Wikipedia, the 5 countries that pay the least are Zambia ( paying just 2 cents), Tunisia, Thailand, Taiwan and Spain.

More Information:

*Check the best ways to Save Power ( and money)

*Once you have saved enough money, you can retire, but how much money do you need?



The post The Most Expensive Electricity appeared first on Most Expensive Thing.

Liquid error (layout/theme line 205): Could not find asset snippets/jsonld-for-seo.liquid
Subscribe