The retail price for electricity in the United States stood at an average of 12.72 U.S. dollar cents per kilowatt-hour in 2023. This is the highest figure reported in the indicated period. Nevertheless, the U.S. still has one of the lowest electricity prices worldwide. As a major producer of primary energy, energy prices are lower than in countries that are more reliant on imports or impose higher taxes. Electricity prices in the U.S. by consumer group On average, retail electricity prices in the U.S. grew by over 85 percent since the beginning of the century. However, not every sector has been affected equally by the said price increase. U.S. electricity prices for residential customers saw a much steeper increase in the period, while transportation prices increased by approximately 50 percent. Reasons for increases in electricity prices The rising prices are justified by the costs of power production and power grid maintenance. Although the production cost of electricity generated from coal, natural gas, and nuclear sources remained relatively stable, the integration of renewable energy sources, investments in smart grid technologies, growing peak demand, power blackouts caused by natural disasters, and the global energy crisis in 2022 continued to trouble the electric utility industry in recent years. Average U.S. electricity prices per state can also vary widely, with Hawaii residents experiencing some of the highest rates in the country.

Graph and download economic data for Average Price: Electricity per Kilowatt-Hour in Los Angeles-Long Beach-Anaheim, CA (CBSA) (APUS49A72610) from Nov 1978 to Dec 2024 about Los Angeles, electricity, energy, urban, CA, retail, price, and USA.

Graph and download economic data for Average Price: Electricity per 500 Kilowatt-Hour in City - Size Class C (APUC00072621) from Jan 1987 to Dec 1997 about electricity, energy, retail, price, and USA.

Graph and download economic data for Average Price: Electricity per Kilowatt-Hour in the Midwest Census Region - Urban (APU020072610) from Nov 1978 to Feb 2025 about electricity, energy, retail, price, and USA.

Graph and download economic data for Average Price: Electricity per Kilowatt-Hour in the Northeast Census Region - Urban (APU010072610) from Nov 1978 to Feb 2025 about electricity, energy, retail, price, and USA.

Graph and download economic data for Average Price: Electricity per Kilowatt-Hour in Urban Alaska (CBSA) (APUS49G72610) from Nov 1978 to Dec 2024 about AK, electricity, energy, urban, retail, price, and USA.

Graph and download economic data for Average Price: Electricity per Kilowatt-Hour in San Francisco-Oakland-Hayward, CA (CBSA) (APUS49B72610) from Nov 1978 to Dec 2024 about San Francisco, electricity, energy, urban, CA, retail, price, and USA.

The average retail price of electricity for households has risen steadily in the United States, reaching a peak of around 15.98 cents per kilowatt-hour in 2023. In the U.S., electricity prices tend to reflect base overnight costs for power plants, their maintenance, fuel costs, and the operation of power grids. How electricity rates differ across states in the U.S. The price of electricity varies widely across states. Hawaii has continuously had one of the highest rates and Washington one of the lowest. In Hawaii, the power sector is largely reliant on petroleum and diesel generators. Crude oil is a comparatively expensive fuel and prices tend to be volatile, driving up overall electricity prices. Meanwhile, electricity prices are low in states which use hydropower as the main source of electricity, as Washington. In the U.S., costs of electricity are greatly shaped by the primary power source used per state. Maintaining the power grid In addition to primary fuel purchases, the costs required to operate and maintain transmission and distribution systems also impact the prices that a household pays. In 2022, power utilities reported a peak in grid operating expenses, with transmission-related costs reaching 15.9 billion U.S. dollars and almost six billion U.S. dollars invested in distribution networks.

Graph and download economic data for Average Price: Electricity per Kilowatt-Hour in Detroit-Warren-Dearborn, MI (CBSA) (APUS23B72610) from Nov 1978 to Oct 2024 about Detroit, electricity, energy, MI, urban, retail, price, and USA.

CPI Average Price Data, U.S. city average (AP)

Series Id: APU000072610 Series Title: Electricity per KWH in U.S. city average, average price, not seasonally adjusted Area: U.S. city average Item: Electricity per KWH

Data on price of Electricity per KWH in U.S. city average, average price,

Graph and download economic data for Average Price: Electricity per Kilowatt-Hour in the East South Central Census Division (APU036072610) from Jan 2018 to Dec 2024 about electricity, energy, retail, price, and USA.

In 2022, generation was the largest component of the average electricity price in the United States, accounting for almost 62 percent. Distribution contributed with approximately one fourth of the price, while transmission had the lowest share. That year, the retail electricity price in the U.S. averaged 12.49 U.S. cents per kilowatt-hour.

Graph and download economic data for Average Price: Electricity per Kilowatt-Hour in the South Atlantic Census Division (APU035072610) from Jan 2018 to Dec 2024 about electricity, energy, retail, price, and USA.

Graph and download economic data for Average Price: Electricity per Kilowatt-Hour in Urban Hawaii (CBSA) (APUS49F72610) from Nov 1978 to Dec 2024 about HI, electricity, energy, urban, retail, price, and USA.

United States Consumer Price: Average: Electricity per 500 Kwh data was reported at 69.618 USD in Jun 2013. This records an increase from the previous number of 68.534 USD for May 2013. United States Consumer Price: Average: Electricity per 500 Kwh data is updated monthly, averaging 47.197 USD from Nov 1978 (Median) to Jun 2013, with 415 observations. The data reached an all-time high of 69.618 USD in Jun 2013 and a record low of 23.407 USD in Nov 1978. United States Consumer Price: Average: Electricity per 500 Kwh data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.P001: Consumer Price.

United States EIA Forecast: Electricity Price: Retail: Residential Sector data was reported at 13.027 0.01 USD/kWh in Dec 2019. This records a decrease from the previous number of 13.488 0.01 USD/kWh for Nov 2019. United States EIA Forecast: Electricity Price: Retail: Residential Sector data is updated monthly, averaging 13.050 0.01 USD/kWh from Mar 2016 (Median) to Dec 2019, with 46 observations. The data reached an all-time high of 13.716 0.01 USD/kWh in Sep 2019 and a record low of 12.002 0.01 USD/kWh in Jan 2017. United States EIA Forecast: Electricity Price: Retail: Residential Sector data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s USA – Table US.P003: Energy Price: Forecast: Energy Information Administration.

Electricity prices for industries in the United States increased over the past few years, peaking in summer 2022. Industrial electricity prices amounted to 7.95 U.S. cents per kilowatt-hour in May 2024, up from 7.82 U.S. dollar cents per kilowatt-hour the previous month. The average retail electricity price for industrial consumers in the United States stood at 8.06 U.S. dollar cents per kilowatt-hour in 2023.

In 2022, the average end-use electricity price in the United States stood at around 12.2 U.S. cents per kilowatt-hour. This figure is projected to decrease in the coming three decades, to reach some 11 U.S. cents per kilowatt-hour by 2050.

United States Consumer Price: Average: SU: Electricity per 500 Kwh data was reported at 64.957 USD in Jun 2013. This records an increase from the previous number of 63.692 USD for May 2013. United States Consumer Price: Average: SU: Electricity per 500 Kwh data is updated monthly, averaging 42.138 USD from Nov 1978 (Median) to Jun 2013, with 415 observations. The data reached an all-time high of 66.071 USD in Feb 2009 and a record low of 20.287 USD in Dec 1978. United States Consumer Price: Average: SU: Electricity per 500 Kwh data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.P001: Consumer Price.

Graph and download economic data for Average Price: Electricity per Kilowatt-Hour in Size Class A (APUS00072610) from Jan 1987 to Feb 2025 about electricity, energy, retail, price, and USA.