Electricity prices in Germany: Highest price among G20 countries!

Electricity prices in Germany: Highest price among G20 countries!

Electricity prices in Germany have established themselves as a particularly painful point for consumers. In 2025, current analyzes show that Germany will be one of the most expensive countries in the world at 38 cents per kilowatt hour (kWh). Only four countries, including Bermuda with the highest prices of 41.97 cents, exceed this amount, followed by Denmark and Ireland, which are also at the top, as fr.de reported.

In the first quarter of 2025, Germany ranked fifth in a series of 143 countries analyzed by Verivox and Global Petrol Prices, with an average electricity price of 38 cents per kWh. This price analysis reveals that electricity prices in Germany have increased by 19% since 2021 and are more than a quarter higher than prices before the 2022 energy crisis. Verivox adds that under these circumstances the global average price is 15 cents per kWh and therefore shows worrying differences to local prices.

Look at the international prices

The pricing shows clear differences to countries that have similar living standards. Adjusted for purchasing power, Germany slipped to 22nd place in the G20 group - in 2021 it was placed even better here. What is striking is that German households pay 11% more for electricity than Danes, even though they pay slightly more in nominal terms. In addition, many countries with high living standards have lower electricity prices compared to Germany, which underlines the attractiveness of these markets.

According to the surveys, the cheapest electricity price varies dramatically around the world, with Iran, where electricity costs just 0.35 cents per kWh, at the top of the list. Energy Marie gives an overview that the country with the most stable prices in Europe is France, which at 23.60 cents per kWh shows a clear gap to Germany.

Future outlook and relief measures

There are political efforts to equalize the situation of households and companies. The new Economics Minister Katherina Reiche is planning relief measures that are set out in the Merz government's coalition agreement. The aim is to reduce electricity prices by at least five cents per kWh and reduce electricity tax to the European minimum. New gas power plants are also to be built to secure the energy supply.

The high burden of fixed costs such as taxes and levies, which make up over 50% of the electricity price in Germany, is increasing the pressure on the federal government to find solutions. The road remains rocky, but with the political will needed, the situation could improve in the near future.