Price of household energy storage power supply in Laos

4 FAQs about Price of household energy storage power supply in Laos

What is the price of electricity in Laos?

Laos, September 2022: The price of electricity is 0.034 U.S. Dollar per kWh for households and 0.000 U.S. Dollar for businesses which includes all components of the electricity bill such as the cost of power, distribution and taxes.

Should Laos diversify its power supply?

To maintain power supply stability, she suggested that Laos diversify its sources of power to include more solar and wind energy. The price of both has dropped globally and, based on data collected by the Stimson Centre, the price of these renewables is also getting cheaper in the Mekong region.

Do Laos deserve lower electricity prices?

Many Lao people feel they deserve lower prices because the country has built dozens of electricity-generating plants over the years. EDL officials, however, maintain that electricity is already cheap and that people should use it more economically.

Why did electricity prices increase in Laos in 2021?

According to the data, the average price of electricity in Laos increased by about 1.5% annually from 2013 to 2018 before seeing a 3% drop in 2019 due to a price-restructuring policy designed to lower electricity rates for households that consume less than 150kWh a month, which EDL classifies as poor families. In 2021, EDL raised prices by 2%.

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