Electricity prices for businesses in Mexico amounted to 23.6 U.S. dollar cents per kilowatt-hour in September 2023. Business electricity prices have increased steadily in the country since the end of 2020, when they were at 15.3 U.S. dollar cents per kilowatt-hour. By comparison, household electricity prices in Mexico were cheaper, amounting to approximately 12 U.S. dollar cents per kilowatt-hour as of the third quarter of 2023.
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