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Venezuela has some of the lowest residential electricity rates in Latin America’s energy landscapeAccording to GlobalPetrolPrices, Venezuela has a residential rate of US$0.069 per kWh, below the South American average of US$0.220 per kWh.
Residential electricity rates in Latin America and the Caribbean continue to affect regional inflation, a pressure that could worsen due to both geopolitical and climate-related factors, according to the Latin American and Caribbean Energy Organization (Olacde).
Nevertheless, in this context, Venezuela has one of the lowest residential electricity rates in the entire region, well below both the global average and that of its South American neighbors.
Venezuela has some of the lowest residential electricity rates in Latin America’s energy landscape
According to GlobalPetrolPrices, Venezuela has a residential rate of US$0.069 per kWh, below the South American average of US$0.220 per kWh.
Residential electricity rates in Latin America and the Caribbean continue to affect regional inflation, a pressure that could worsen due to both geopolitical and climate-related factors, according to the Latin American and Caribbean Energy Organization (Olacde).
Nevertheless, in this context, Venezuela has one of the lowest residential electricity rates in the entire region, well below both the global average and that of its South American neighbors.
Residential electricity rates in Latin America and the Caribbean continue to affect regional inflation, a pressure that could worsen due to both geopolitical and climate-related factors, according to the Latin American and Caribbean Energy Organization (Olacde).
Nevertheless, in this context, Venezuela has one of the lowest residential electricity rates in the entire region, well below both the global average and that of its South American neighbors.
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