The average electric rate across the United States varies from 7.18 cents per kWh to 42.34 cents per kWh. ... Hawaii has the highest rates for electricity with 42.34¢/kWh for residential and 38.29¢/kWh for commercial customers. Trends & Ranges: Residential electricity rates vary from 10.21¢ (North Dakota) to 42.34¢ (Hawaii). Commercial ...
According to the latest data available from the EIA, the average residential U.S. electricity price is 16.44 cents per kWh. The national average increased by 2% compared with the previous year. ... The average business consumed 6,054 kWh of electricity per month and had a monthly electric bill of about $762.51 in 2023.
In September 2024, the average retail price of electricity for Hawaiian residences amounted to 41.27 U.S. cents per kilowatt-hour. California followed in second, with 30.221 U.S. cents per ...
Learn about the cheapest and most expensive states and factors affecting energy prices. Compare average electricity rates by state in the United States. ... here are the average residential electricity rates by state as of March 2025, in cents per kilowatt-hour (kWh). Rank State Residential Rate (¢/kWh) % Diff from National Avg Commercial Rate ...
The 2024 Electricity Price Map shows how rising costs impact your wallet and which states enjoy lower rates. ... the 2024 nationwide average electricity price reached a new high of 12.99 cents per kilowatt hour (¢/kWh). While this constitutes a 2.44% increase as compared to 2023’s nationwide average, it amounts to a much higher 22.55% ...
Electricity prices vary widely across the U.S. While the U.S. average electricity rate is 17.01 cents per kilowatt-hour (kWh), state averages range from less than 12 cents to over 30 cents per kWh, depending on the state. In great part, the mix of energy sources used for local power generation determines electricity costs.
Average electricity rates vary from 11.48¢ to 43.11¢ per kWh according to our monthly rate data. Compare electricity rates and monthly bills by state. Compare electricity plans. House. Apartment. ... Consumers select an energy supplier based on price, contract terms, and renewable energy options.
Louisiana consumes the most residential energy each month, using an average of 1,238 kWh of power. Which state consumes the least energy per month? Hawaii residents typically use the least amount of energy each month, averaging 503 kWh of energy.
According to the most recent annual data, the state with the highest average residential electricity rate is Hawaii at 32.06¢ per kWh. Hawaii is followed by Alaska (22.92¢ per kWh), Massachusetts (21.92¢ per kWh), Connecticut (21.87¢ per kWh) and Rhode Island (21.73¢ per kWh).
The chart below shows the average energy consumption per home. Average Electricity Bill, Usage and Price per kWh by State. Rankings are based on most expensive to least expensive state. A number 1 ranking is the most expensive in that category and a number 51 ranking (50 states plus District of Columbia) is the least expensive.
US electricity prices at 0.12 $/kWh (now 0.15 $/kWh) are also quite cheap internationally. ... What is fairly interesting is that the costs of electricity vary widely from 9 cents per kWh to 44 cents. Accordingly the price differences will be one factor that has an impact on which states use the most electricity for both residential and ...
EIA does not directly collect retail electricity rates or prices. However, using data collected on retail sales revenues and volumes, we calculate average retail revenues per kWh as a proxy for retail rates and prices. ... followed by Utah, up 18.2%, and Connecticut, up 18.0%. Average revenue per kWh figures decreased in eight states compared ...
Wyoming – 11.21¢ / kWh; The last overall average electricity cost per state showed the average cost of electricity in the United States was 23 cents/kWh for residential electricity consumers. This was the highest on record and is expected to report to be even more expensive in 2025.
Electricity Rates By State (Updated Daily) Electricity prices vary in each state. We have compiled years of data to find pricing trends around the country. You can see data for all 50 states below, but deregulated states are labeled in each chart/graph. The Average Electricity Rate in the U.S. is 16.44 cents per kilowatt-hour.
Hawaii consistently has the highest electricity prices — the state currently faces a rate of 45.74 cents per kWh. That’s nearly double the cost of the second highest state, New Hampshire, with a rate of 27.47 cents per kWh. Why is the cost of electricity so high in Hawaii? Well, because fuel to generate the electricity has to be imported.
Energy Information Administration - EIA - Official Energy Statistics from the U.S. Government ... Average Price of Electricity to Ultimate Customers: Total by End-Use Sector, 2015 - February 2025 (Cents per Kilowatthour) Period Residential Commercial Industrial Transportation All Sectors; Annual Totals: 2015: 12.65: 10.64: 6.91: 10.09: 10.41:
Save money with a power price comparison. Compare electric rates by ZIP Code and lower your utility prices today! ... This means you'll pay the same rate for every kilowatt-hour (kWh) of electricity you use. That’s true regardless of market fluctuations. ... The average electricity cost for a 1-bedroom apartment in the US is ~$50-$90 per ...
The national average cost of electricity reached 17.6 cents per kWh head into 2025, according to the latest data available by the Energy Information Administration. However, electricity prices vary from utility to utility, and the average cost per kilowatt-hour in the U.S. ranges from 11 to 41 cents — quite a spread!
New York Post
FXStreet
The Manila Times on MSN.com
Akron Beacon Journal on MSN.com