What is the electricity price in Bangladesh?

The residential electricity price in Bangladesh is BDT 6.497 per kWh or USD 0.054. The electricity price for businesses is BDT 10.390 kWh or USD 0.087. These retail prices were collected in March 2024 and include the cost of power, distribution and transmission, and all taxes and fees. Compare Bangladesh with 150 other countries.

How many households in Bangladesh have access to electricity?

Only 32% of Bangladesh’s total households have access to electricity . Bangladesh’s electrification rate in rural areas is still poor, since only 38% of rural households are with access to electricity .

What is reusable energy in Bangladesh?

Bangladesh has a huge amount of reusable energy, primarily from wind, solar, hydropower, and biomass. Table 1 illustrates the significance of these sources in Bangladesh. Bangladesh gets sun-based radiation at a scale of 4–6.5 kWh/m² per day on average.

What is primary consumed energy in Bangladesh?

Primary consumed energy is calculated as 62% of biomass, 25% of natural gas, 12% of imported oil, and 1% for both coal and hydropower . The majority of Bangladesh's total primary consumed energy goes to natural gas, solid biomass, and waste, which are followed by oil, coal & hydro .

How many gas consumers are in Bangladesh?

Bangladesh has eight categories of gas consumers, of which 37% is used in power generation, 23% in industries, 18% in captive power, 10% in household use, 7% in fertilizer production, 4% in CNG and 1% in commercial and tea industry.

How will price increases affect the economy in Bangladesh?

The price increases, aimed at reducing government subsidies in these sectors, will take effect retrospectively from Feb. 1. Bangladesh subsidizes both natural gas and electricity sales as prices for downstream sectors are regulated, saddling the state exchequer with millions of dollars in debt every year.