$0.31 here in Germany, and they have started using loads more coal because they stopped usuing nuclear and are trying to use renewables, but it isn't working too efficiently yet..
I thought prices in the Europe would be the lowest due to all the renewable energy resources.
Most cost of any energetic are taxes. So it dont real mater out of what is electricity produced, but how country collect taxes. Taxing oil and electricity is easier way.
i have some what cheap Electricity if it wasn't for the high taxes and Fee BG and E gets away with i d sty below 200 a month or close running 6 S5 24/7 as it is now I'm more like 350 to 400 due to the taxes and other fees they manage to slip in there.
isn't better for you guy with cheap electricity to offer hosting, to other users? there are some users that can't mine because of their electricity and they don't trust cloud, it should be a win win situation
he also pay you everything directly in bitcoin and you don't need to pay taxes in the end if you keep your coins