Global Retail Electricity Tariff Survey
IEC regularly conducts an exclusive global retail electricity survey across 50 markets, for several clients. The survey calculates retail tariffs for a range of standardised residential, commercial and industrial customers at a common date and is based on published data. The survey also examines trends, regulatory differences and reasons for differences between markets.
The base date for our latest survey was January 2018. The weighted average tariff of all customers (excluding VAT) in each market are shown in the table below
First Annual Survey
IEC is launching the world’s first non-exclusive Global Retail Electricity Tariff Survey.
This survey will include data provided from up to 100 electricity retailers/distributors from across six continents and will provide participants with the first universal “gold standard” reference point for tariff comparisons between markets.
2018 Global Retail Electricity Tariff Survey
In 2015, upon signing the Paris Climate Agreement, all nations around the world set themselves the goal of limiting global warming to below 2.0°C (preferably 1.5°C) compared to pre-industrial levels. Climate scientists now almost universally agree that once the 1.5°C limit is reached, our planet’s climate will experience irreversible and catastrophic changes. Humans have not faced such an existential threat for 75,000 years (when we nearly became extinct).
The IPCC Special Report on Global Warming concluded that the planet’s atmosphere can absorb no more than 420 gigatonnes (Gt) of additional CO2, if we are to stay below the 1.5°C threshold. Around 42Gt of CO2 is currently emitted globally each year (equal to 1332 tonnes per second) by human activity, which means that the 1.5°C budget is expected to be exhausted by 2028. Once we hit that threshold, there is no going back.
Use the Carbon Clock to check how much time is left.