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Electricity rates by state

Do you pay more for electricity than folks in another state?

For business

The average residential electricity rate in the U.S. is 13.83 cents per kilowatt-hour (kWh)

(state electric prices last updated May 2, 2022)

 

The May Choose Energy® Rates Report shows you just how much energy costs can vary, using the latest electricity prices from the U.S. Energy Information Administration (EIA) in all 50 states. Information on recent rates and fluctuations may help you understand your electricity bill or decide to change your energy plan. Do you live in a deregulated area and want to sign up for a new energy plan? Enter your ZIP code above for available electricity rates in your area today.

 

Where you live affects your electricity rate

According to the latest data available from the EIA, the average residential U.S. electricity price in February 2022 was 13.83 cents per kilowatt-hour (kWh). The national average increased 0.80% compared with the previous month.

In February, North Dakota paid the lowest average residential electricity rates in the country – 9.64 cents per kWh. Hawaii paid the highest electricity rate at 38.15 cents per kWh.

Once again, Hawaii residents pay the highest average electricity rates in the country with a rate of 38.15 cents/kWh. Hawaii electricity rates were up 17.9% since last February. North Dakota had the lowest residential electricity rates in the nation at 9.64 cents/kWh.

Looking deeper: The Choose Energy Rate Report

The average home in the U.S. consumes 893 kilowatt-hours (kWh) of electricity per month. Bills vary by state and region, as cost per kWh differs, evidenced by the monthly Choose Energy Rates Report. To estimate average monthly energy bills, multiply the average home’s electricity usage (893 kWh) by the cost per kWh in your state for that month.

For example, the average electricity rate in Texas is 12.28 cents per kWh in this month’s report. That amounts to an average bill of approximately $109.66 (12.28 cents x 893 kWh) that month. Find your state on the interactive map below to see the latest average rate, its rank among other states, and the percentage change from the previous month.

Commercial electricity rates through the year

In deregulated states, the open energy market is not only for residential customers. Businesses also can take advantage of pricing and plans available through an energy supplier. Actually, in some states, only business customers have access to the deregulated market. The average business consumes 5,692 kWh of electricity per month and received a monthly electric bill of about $602 in 2020.

Business electricity rates vary greatly by industry and function. Although homes come in all shapes and sizes, businesses have larger variations with diverse needs – from industrial buildings to small businesses. In February, for example, the average business in Georgia paid 10.90 cents per kWh. With this number, we can deduce that on average companies in the state paid about $622.42 that month for electricity.

Explore the Choose Energy Business Energy Index for a more in-depth look at commercial and industrial electricity rates.

Understand the energy market

Due to the volatility of the energy market, energy supply prices may fluctuate throughout the year. From February 2021 to February 2022, Texas experienced the biggest variation in Residential Energy Rate electric prices, while North Carolina had the most consistent prices.

Changes in electricity prices may seem random, but there are a few primary factors that determine how much you pay. These factors are:

  • What time you use energy: Some energy suppliers offer plans with time-of-use discounts, such as free energy supply from 9 p.m. to 6 a.m.
  • What month you use it: In warmer states, summer rates can be higher than winter rates due to higher energy demand for cooling.
  • Where you live: Energy supply rates change from state to state and even among utility areas in the same state, regardless of whether the state has energy choice.
If you are unsure about any of the terms used in this analysis, check out the Choose Energy glossary to learn more.

The future of energy

Energy comes from many sources, including coal, natural gas, nuclear power, and renewables. As nonrenewable sources such as coal diminish, the need for renewable energy sources grows. Some states satisfy the country’s growing renewable energy needs with their production of wind, solar, and hydropower.

Find out which is the greenest state or learn more about green energy across the country.

Check out real-time energy rates in these locations

The following states and the District of Columbia have deregulated electricity markets, meaning customers can choose the company that provides their electricity from competitive suppliers. Click on the state below to check current electricity rates in your state.

 

California Connecticut Georgia
Illinois Maine Maryland
Massachusetts New Hampshire New Jersey
New York Ohio Pennsylvania
Texas Washington, D.C.

 

Need more information?

Are you a journalist or researcher writing about this topic who needs to know more about historical rates? Send us details about what you need and we’ll get back to you with an answer and a relevant quote from one of our rate experts. You should also check out the Choose Energy Data Center for more statistics and analysis centering on energy in the U.S.

Topics in the Data Center include the following: