How much does electricity cost per kWh?
As you can see in the table above, there are currently 11 states with an average electricity price above 20 cents per kWh. This includes Alaska, California, Hawaii, Michigan, New York and all six New England states. California and Connecticut have average rates above 30 cents/kWh. Hawaii has average rates above 40 cents/kWh.
Which states have the highest electricity rates?
California and Connecticut have average rates above 30 cents/kWh. Hawaii has average rates above 40 cents/kWh. Texas is currently at 14.96 cents per kWh, 11% below the US average. The seven states listed below and Washington DC experienced the most drastic increase in electricity prices between September 2023 and 2024.
How much does electricity cost in Hawaii?
Hawaii has average rates above 40 cents/kWh. Texas is currently at 14.96 cents per kWh, 11% below the US average. The seven states listed below and Washington DC experienced the most drastic increase in electricity prices between September 2023 and 2024. All these states suffered a rate hike of over 10 percent:
Are commercial electricity rates lower than residential?
As you can see, commercial electricity rates are lower than residential rates across the US. There are seven states with average commercial rates below 10 cents/kWh, and eight states with average rates above 20 cents/kWh. Just like in the residential sector, Texas has commercial energy prices below the US average.
How do electricity rates vary by state?
Electric rates by state are influenced by multiple factors. For example, Texas has below-average electricity rates thanks to the abundance of local energy resources, while states that depend on natural gas imports tend to have higher rates.
How do energy rates vary across the United States?
Rates vary across the U.S. based on energy sources, demand, and state regulations. States with abundant hydro, wind, or natural gas often have lower rates, while regions reliant on imported energy may pay more. Our data includes city, county, and state rates so you can compare your rates to the average.
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Real-time heat map of ISO electricity prices in US
Interactive map that displays the MWh cost across the United States ISOs and within each ISO.
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