China, September 2020: The price of electricity is U.S. Dollar per kWh for households and U.S. Dollar for businesses which includes all components of the electricity bill such as the cost of power, distribution and taxes. In 2008 Italy consumed electricity in 6,054 kWh per capita, while the EU15 average was slightly higher 7,409 kWh per capita. Europe’s annual electricity consumption per capita was 6543 kWh, with Iceland, Norway, and Finland ranking among the top three, each consuming over 15,000 kWh. In 2020, the average residential consumer’s electricity price in Europe was 21.26 cents per kilowatt hour [cents|kWh], an increase of 13% over the average price of 18.8 cents|kWh 10 years ago.The highest rise in cost within this period has been recorded in the UK [39%] and Greece [36%].The largest decreases in electricity prices for households were recorded in Hungary [-33%] and Norway [-28%]. For comparison, the average price of electricity in the world for that period is 0.139 U.S. Dollar per kWh for households and 0.125 U.S. Dollar for businesses. (Price per KWh * Electricity consumed per transaction * number of transactions per block) / Bitcoins per Block . As of 2012, the main resources for electricity in the Netherlands are fossil fuels, such as natural gas and coal.In 2012, fossil fuels accounted for 81% of the produced electricity. In North America, annual electricity consumption per capita amounted to 10,226 kWh, with Canada and the United States accounting for 16,000 and 13,000 kWh, respectively. The total electricity consumption of the Netherlands in 2013 was 119 terawatt-hour (TWh). The consumption grew from 7 TWh in 1950, with an average of 4.5% per year. List of Electricity Cost Of Mining One Bitcoin By Country In 2009 consumption was divided by power source: 13.5% import, 65.8% fossil electricity and 20.7% renewable electricity. The map was created using MapChart.net. This gave us a price in cents so we divided by further 100 to get a price in US dollars.
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