MyBroadband used data from GlobalPetrolPrices and the World Bank’s purchasing power parity index to compare South Africa’s household electricity prices to the rest of the world.
South Africa’s household electricity prices sit in the more expensive half of the global spectrum, with at least 85 nations paying less per kilowatt-hour, a MyBroadband analysis has shown.to compare South Africa’s household electricity prices to the rest of the world.
Looking at the raw per-kilowatt price, without considering purchasing power, South Africa sits near the middle of the global electricity price spectrum with a R2.56 average price per kWh. South Africa’s electricity tariffs are somewhat on-par with those charged in Colombia, Iceland, Cambodia, and Chile.
South African residents pay more than double the price per kWh than those living in Nigeria — the nation with the highest gross domestic product in Africa, according toFor reference, South Africa’s GDP in 2021 was approximately $420 billion, and its residents pay $0.145 per kWh, while Nigeria’s — whose GDP was around $441 billion — residents pay $0.052 per kWh.The World Bank
This indicates that electricity in South Africa is actually more expensive in relative terms than the raw per-kilowatt price might suggest.
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