The cheapest electricity in Europe is in Ukraine. According to the analytical research center "Ria-Analitics" in the first quarter of 2011 the price for Ukraine electricity equaled to 0.03 USD. In the rating Belarus takes second place in view of cheap electricity supply (slightly higher than 0.03 USD). Kazakhstan, Armenia and Russia took respectively third, forth and fifth places.
The most expensive electricity supply is in Dania 0.39 USD. After this country is Germany with high prices for electricity - 0.35 USD. Cyprus takes third lace among expensive countries.