5 Countries With the Cheapest Electricity in the World

2. Syria 

Electricity Cost in Cents per Kilowatt-Hour (kWh): 0.5

The low cost is primarily due to the country’s dependence on fossil fuels for electricity generation. As of 2016, fossil fuels accounted for 95% of Syria’s total electricity generation, with the remaining 5% coming from hydroelectric sources. Renewable energy, particularly solar and wind, presents a promising avenue for Syria, given its geographical location. The country receives ample sunlight throughout the year, making it an ideal candidate for solar power generation.