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Saturday, November 01 2014 @ 09:52 AM EDT

Electricity Costs in Panama

Construction & Interiors There has been some discussion lately about the cost of electricity in Panama. In general it has been running at about $.13 cents per KwH. According to conventional wisdom, the rates for electiricty vary depending on where you live. The story goes that you pay more if you live in an upper class "expensive" area and less if you live in a lower class or "poor" area. I am in the process of verfying that one, but it's generally considered to be true. The other rumor is that Panama has the third-highest rates for electricity in the world. Well, that one is just wrong. Below are some international states from the Energy Information Administration. The chart got "crunched" but it's readable. Panama is on the high end of the scale at $.13 cents per KwH, but there are many others that are higher. Austria at .17, Barbados at .18, Cuba at .13, Denmark at .28, the DR at .15, France at .14, Germany at .17, Grenada at .22, Guatemala at .15, Ireland at .17, Italy at .19, Jamaica at .18 (you get the point.) See the original at:
http://www.eia.doe.gov/emeu/international/elecprih.html)

Energy Information Administration

Table Posted: February 28, 2006
Next Update: May 2006

Electricity Prices for Households 1
(U.S. Dollars per Kilowatthour)

Country 1997 1998 1999 2000 2001 2002 2003 2004 2005
Argentina n.a. n.a. n.a. n.a. n.a. n.a. 0.037 0.038 n.a.
Australia 2 0.080 0.069 0.070 0.063 0.057 0.062 n.a. n.a. n.a.
Austria 0.169 0.168 0.134 0.118 0.119 0.130 0.152 0.177 n.a.
Barbados n.a. n.a. n.a. n.a. n.a. n.a. 0.188 0.188 n.a.
Belgium 0.164 0.163 0.152 0.132 n.a. n.a. n.a. n.a. n.a.
Bolivia n.a. n.a. n.a. n.a. n.a. n.a. 0.055 0.072 n.a.
Brazil n.a. n.a. n.a. n.a. n.a. n.a. 0.079 0.093 n.a.
Canada 0.058 0.055 0.055 0.053 0.053 0.054 0.062 n.a. n.a.
Chile n.a. n.a. n.a. n.a. n.a. n.a. 0.086 0.088 n.a.
China 0.046 n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a.
Chinese Taipei (Taiwan) 0.089 0.077 0.079 0.081 0.075 0.071 0.074 0.076 n.a.
Colombia n.a. n.a. n.a. n.a. n.a. n.a. 0.071 0.084 n.a.
Costa Rica n.a. n.a. n.a. n.a. n.a. n.a. 0.060 0.065 n.a.
Cuba n.a. n.a. n.a. n.a. n.a. n.a. 0.137 0.138 n.a.
Czech Republic 0.037 0.050 0.051 0.054 0.060 0.076 0.085 0.097 n.a.
Denmark 0.195 0.213 0.207 0.197 0.195 0.209 0.256 0.283 n.a.
Dominican Republic n.a. n.a. n.a. n.a. n.a. n.a. 0.107 0.150 n.a.
Ecuador n.a. n.a. n.a. n.a. n.a. n.a. 0.123 0.128 n.a.
El Salvador n.a. n.a. n.a. n.a. n.a. n.a. 0.135 0.129 n.a.
Finland 0.101 0.098 0.091 0.078 0.077 0.085 0.112 0.123 n.a.
France 0.134 0.129 0.121 0.102 0.098 0.105 0.127 0.141 0.141
Germany 0.159 0.159 0.151 0.121 0.124 0.136 0.176 n.a. n.a.
Grenada n.a. n.a. n.a. n.a. n.a. n.a. 0.221 0.221 n.a.
Greece 0.102 0.099 0.090 0.071 0.070 0.077 0.096 0.107 n.a.
Guatemala n.a. n.a. n.a. n.a. n.a. n.a. 0.079 0.156 n.a.
Guyana n.a. n.a. n.a. n.a. n.a. n.a. 0.059 0.059 n.a.
Haiti n.a. n.a. n.a. n.a. n.a. n.a. 0.060 0.060 n.a.
Honduras n.a. n.a. n.a. n.a. n.a. n.a. 0.045 0.045 n.a.
Hungary 0.068 0.070 0.073 0.065 0.068 0.080 0.103 0.137 0.149
India 0.032 0.029 0.029 0.033 0.035 0.035 0.040 n.a. n.a.
Indonesia 0.056 0.023 0.027 0.029 n.a. n.a. n.a. n.a. n.a.
Ireland 0.131 0.123 0.117 0.101 0.094 0.107 0.146 0.173 n.a.
Italy 0.160 0.159 0.147 0.136 0.148 0.156 0.186 0.191 n.a.
Jamaica n.a. n.a. n.a. n.a. n.a. n.a. 0.169 0.187 n.a.
Japan 0.207 0.187 0.213 0.214 0.188 0.174 0.186 0.196 n.a.
Kazakhstan 0.038 0.047 0.031 0.027 0.026 0.025 0.026 0.030 n.a.
Korea, South 0.097 0.069 0.081 0.084 0.071 0.070 0.074 0.079 n.a.
Luxembourg 0.124 0.123 0.118 0.099 0.098 0.112 0.143 0.156 n.a.
Mexico 0.055 0.055 0.059 0.068 0.075 0.092 0.091 n.a. n.a.
Netherlands 0.130 0.128 0.132 0.131 0.145 0.155 0.194 0.221 n.a.
New Zealand 0.089 0.071 0.070 0.060 0.059 0.071 0.095 0.118 n.a.
Nicaragua n.a. n.a. n.a. n.a. n.a. n.a. 0.135 0.140 n.a.
Norway 0.078 0.067 0.063 0.032 0.044 0.046 0.089 0.069 n.a.
Panama n.a. n.a. n.a. n.a. n.a. n.a. 0.121 0.121 n.a.
Paraguay n.a. n.a. n.a. n.a. n.a. n.a. 0.054 0.058 n.a.
Peru n.a. n.a. n.a. n.a. n.a. n.a. 0.115 0.113 n.a.
Poland 0.062 0.067 0.065 0.066 0.079 0.084 0.095 0.103 n.a.
Portugal 0.156 0.154 0.141 0.120 0.118 0.127 0.156 0.175 n.a.
Romania 0.023 0.032 0.041 0.052 0.050 0.062 0.073 n.a. n.a.
Russia n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a.
Slovak Republic (Slovakia) 0.029 0.028 0.035 0.050 0.063 0.067 0.104 0.134 n.a.
South Africa 0.046 0.041 0.042 0.040 0.036 0.032 0.048 n.a. n.a.
Spain 0.163 0.155 0.141 0.117 0.109 0.114 0.137 n.a. n.a.
Suriname n.a. n.a. n.a. n.a. n.a. n.a. 0.171 0.129 n.a.
Sweden 0.101 n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a.
Switzerland 0.136 0.135 0.131 0.111 0.109 0.117 0.133 0.143 n.a.
Thailand 0.067 0.056 0.058 0.060 n.a. n.a. n.a. n.a. n.a.
Trinidad and Tobago n.a. n.a. n.a. n.a. n.a. n.a. 0.036 0.036 n.a.
Turkey 0.080 0.079 0.084 0.084 0.084 0.099 0.106 0.111 n.a.
United Kingdom 0.125 0.121 0.117 0.107 0.101 0.105 0.116 0.138 n.a.
United States 3 0.084 0.083 0.082 0.082 0.086 0.085 0.087 0.090 n.a.
Uruguay n.a. n.a. n.a. n.a. n.a. n.a. 0.103 0.113 n.a.
Venezuela n.a. n.a. n.a. n.a. n.a. n.a. 0.055 0.046 n.a.

1 Energy end-use prices including taxes, converted using exchange rates.
2 Price excluding tax.
3 Price includes State and local taxes, energy or demand charges, customer service charges, environmental surcharges,
franchise fees, fuel adjustments, and other miscellaneous charges applied to end-use customers during normal billing
operations. Prices do not include deferred charges, credist, or other adjustments, such as fuel or revenue from purchased
power, from previous reporting periods.
n.a.=Not available.
Sources: United States -- Energy Information Administration, Monthly Energy Review, February 2006, Table 9.9.
Other Countries -- International Energy Agency, Energy Prices & Taxes - Quarterly Statistics, Fourth Quarter
2005, Part II, Section D, Table 22, and Part III, Section B, Table 19, 2006. The Paris-based International Energy
Agency (IEA) maintains annual and quarterly time series of this price data that begin with the year 1978 and that
also include the most recent quarterly prices. Information on purchasing this data online from the IEA is available at:
http://data.iea.org/ieastore/default.asp
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Electricity Costs in Panama | 1 comments | Create New Account
The following comments are owned by whomever posted them. This site is not responsible for what they say.
Electricity Costs in Panama
Authored by: Anonymous on Monday, March 27 2006 @ 12:03 PM EST

Just a nit: The rates should be shown as either "$0.13" or "13 cents," but not "$0.13 cents."

Dick Girard