Electricity Price in South Korea
The chart above illustrates Electricity prices in South Korea, in KRW/kWh, from March 2024 to March 2025, as follows:
- Electricity, ind, KR: Electricity, industrial sector, South Korea
- Electricity, hho, KR: Electricity, household, South Korea
Further information about price assessments covered can be found in the assessments guide.
In March 2025, the Electricity, ind, KR price was around 101 KRW per kWh, showing a fall of 23.8% compared to the previous month's value. On a year-over-year basis, Electricity, ind, KR prices did not vary considerably, remaining at 0%.
The Electricity, hho, KR price in March 2025 was approximately 112 KRW per kWh, which represented no change (0%) from the previous month's value. Year-over-year, Electricity, hho, KR prices decreased by 0.1%.
Recent data, updated on October 3rd, 2025, can be found in the South Korea Energy Prices & Markets Report. Updated monthly, the report provides price assessments and market analyses for electricity, encompassing generation by source, consumption, and trade dynamics. It also covers other energy commodities in South Korea, presenting price assessments and market analyses of production, demand, trade, and South Korea's energy self-sufficiency.
Price Assessments Covered in the Report
Access timely and reliable Electricity price assessments — updated every month and backed by consistent methodologies.
Current Prices
Access up-to-date Electricity price assessments released at the beginning of each month, providing consolidated and relevant market data.
Price Forecasts
View short-term Electricity price projections that help you anticipate market direction and make informed decisions.
Historical Prices
Explore historical Electricity price series over multiple timeframes to identify short-, medium-, and long-term trends.
Beyond Prices: Market Analyses Covered
Understand the broader energy dynamics shaping South Korea's markets.
Production & Demand
Track energy production and consumption patterns to understand supply-demand dynamics across sectors.
Imports & Exports
Analyze energy trade flows and key trading partners to evaluate cross-border dependencies.
Energy Balance & Self-Sufficiency
Assess South Korea's energy balance and self-reliance, identifying exposure to external supply sources.
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Includes Electricity and other eleven key energy commodities analyzed in each edition.
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