Factors such as natural resources, government policies and economic stability can affect the price and availability of electricity. But electricity is significantly cheaper in some countries than in others.
An international group has compiled a list of countries with cheapest electricity prices based on the latest petrol price data which is listed below.
Iran
The cheapest electricity worldwide is available in Iran, at $0.002 per kilowatt, energy in Iran is largely state-controlled, with the government providing heavy subsidies on electricity prices. Recently, the Iranian government invested 19 percent of its total GDP on the energy sector alone.
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Syria has the second cheapest electricity price in the world, at $0.003 per kilowatt hour. Here too the energy sector is largely controlled by the government.