8 Countries With Highest Cost Of Electricity

5. Germany

Average Electricity Cost Kilowatt Per Hour: $0.618

Germany, Europe’s largest economy, faces high electricity costs owing to its energy transition policy known as the Energiewende. The initiative seeks to shift from fossil fuels and nuclear power to more renewable energy sources. However, it also increases electricity costs. High grid fees, the Renewable Energy Act levy, and taxes contribute to the cost structure, making Germany’s electricity among the most expensive worldwide.