Monthly residential electricity prices in Brazil 2019-2024

Brazil's residential electricity prices have shown significant fluctuations over the past five years, reaching *** Brazilian reals per megawatt-hour in December 2024. This represents a substantial increase from the record low of *** Brazilian reals per megawatt-hour observed in September the same year. Despite these changes, Brazil's household electricity rates remain competitive within the Latin American context, with prices similar to those seen in the United States.

Regional electricity price comparisons

Electricity prices in Latin America vary widely. Guatemala leads with the highest household rates at **** U.S. dollars per kilowatt-hour, while Paraguay offers the lowest at less than **** U.S. dollars per kilowatt-hour. In contrast, Mexico's household electricity prices have been steadily increasing since late 2020, reaching **** U.S. dollar cents per kilowatt-hour in September 2024, yet remain among the lowest globally.

Industrial and residential sector impacts

Brazil’s residential sector electricity prices were higher than prices in both the industrial sector and commercial sector, amounting to *** Brazilian reals per megawatt-hour in December 2024. This presents an increase of ****Brazilian reals per megawatt-hour compared to December the previous year, indicating rising costs for residents of the country. Uruguay stands out with the highest industrial electricity price in Latin America, amounting to *** U.S. dollars per megawatt-hour, while Paraguay offers more competitive rates at ** U.S. dollars per megawatt-hour. These variations in industrial and commercial electricity prices across the region significantly impact business operations and economic competitiveness.