Retail residential electricity prices in the United States have mostly risen over the last decades. In 2023, prices registered a year-over-year growth of 6.3 percent, the highest growth registered since the beginning of the century. Residential prices are projected to continue to grow by two percent in 2024. Drivers of electricity price growth The price of electricity is partially dependent on the various energy sources used for generation, such as coal, gas, oil, renewable energy, or nuclear. In the U.S., electricity prices are highly connected to natural gas prices. As the commodity is exposed to international markets that pay a higher rate, U.S. prices are also expected to rise, as it has been witnessed during the energy crisis in 2022. Electricity demand is also expected to increase, especially in regions that will likely require more heating or cooling as climate change impacts progress, driving up electricity prices. Which states pay the most for electricity? Electricity prices can vary greatly depending on both state and region. Hawaii has the highest electricity prices in the U.S., at roughly 43 U.S. cents per kilowatt-hour as of May 2023, due to the high costs of crude oil used to fuel the state’s electricity. In comparison, Idaho has one of the lowest retail rates. Much of the state’s energy is generated from hydroelectricity, which requires virtually no fuel. In addition, construction costs can be spread out over decades.

The average annual domestic electricity bill in the United Kingdom saw an overall increase from 2014 to 2024 and boomed in 2023. In this period, households with an annual consumption of ***** kilowatt-hours saw bills rise from *** to ***** British pounds, including value-added tax. The household expenditure on electricity in the UK amounted to approximately **** billion current British pounds in 2023. Direct debit payments consistently cheaper In the period under consideration, the annual bill for an electricity consumption of ***** kilowatt-hours was consistently more expensive for consumers using standard credit as a method of payment, averaging ***** real British pounds in 2024. From 2016 onwards, consumers using the prepayment method paid less than standard credit consumers and, in 2022, their bill was the least expensive, at *** real British pounds. Electricity prices on the rise Household electricity prices in the UK have doubled in the past decade for both consumer groups. Despite the UK government setting a tariff cap to protect consumers, the UK’s power market was greatly impacted by the global energy crisis. In August 2022, electricity prices in Great Britain peaked at *** British pounds per megawatt-hour, over four times the price compared to August the following year.

The average wholesale electricity price in September 2025 in the United Kingdom is forecast to amount to*******British pounds per megawatt-hour, a decrease from the previous month. A record high was reached in August 2022 when day-ahead baseload contracts averaged ***** British pounds per megawatt-hour. Electricity price stabilization in Europe Electricity prices increased in 2024 compared to the previous year, when prices stabilized after the energy supply shortage. Price spikes were driven by the growing wholesale prices of natural gas and coal worldwide, which are among the main sources of power in the region.

… and in the United Kingdom? The United Kingdom was one of the countries with the highest electricity prices worldwide during the energy crisis. Since then, prices have been stabilizing, almost to pre-energy crisis levels. The use of nuclear, wind, and bioenergy for electricity generation has been increasing recently. The fuel types are an alternative to fossil fuels and are part of the country's power generation plans going into the future.

According to a survey conducted in April 2022, more than half of the participants believed that the increase in their electricity bills was due to government policies in Turkey. Over one-third of the respondents held energy companies responsible for the growth in electricity prices.

This database contains electricity bills related to energy consumption in Spanish households. The contents of bills are automatically generated following some statistics from official bodies. The main purpose of the dataset is for training machine learning algorithms, especially for designing new methods for extracting information from invoices. There are 86 different labels, which are related to several topics, such as the customer and marketer, the contract, energy consumption, or billing.

The total number of invoices is 75.000. The files are organized in two directories: a training directory, with six subdirectories, each containing 5.000 invoices in PDF format and the corresponding labels in JSON files; and a test directory, with nine subdirectories, each containing 5.000 invoices in PDF format.

There are two main zip files that contain the test and training sets (test.zip and training.zip). In addition, we have included separate files with a subset of the directories in each set, so it can be downloaded by parts. There is also a reduced version of the dataset with 100 invoices per directory, which is interesting for users who want to preview the content of the dataset before downloading it.

IDSEM is an acronym for "an Invoices Database for the Spanish Electricity Market". More information can be found at https://idsem.ulpgc.es/ and in the following article:

[1] Javier Sánchez, Agustín Salgado, Alejandro García, and Nelson Monzón, "IDSEM, an invoices database of the Spanish electricity market", Sci. Data, (2022).

The retail price for electricity in the United States stood at an average of ***** U.S. dollar cents per kilowatt-hour in 2024. 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. Regional variations and sector disparities The impact of rising electricity costs across U.S. states is not uniform. Hawaii stands out with the highest household electricity price, reaching a staggering ***** U.S. cents per kilowatt-hour in September 2024. This stark contrast is primarily due to Hawaii's heavy reliance on imported oil for power generation. On the other hand, states like Utah benefit from lower rates, with prices around **** U.S. cents per kilowatt-hour. Regarding U.S. prices by sector, residential customers have borne the brunt of price increases, paying an average of ***** U.S. cents per kilowatt-hour in 2023, significantly more than commercial and industrial sectors. Factors driving price increases Several factors contribute to the upward trend in electricity prices. The integration of renewable energy sources, investments in smart grid technologies, and rising peak demand all play a role. Additionally, the global energy crisis of 2022 and natural disasters affecting power infrastructure have put pressure on the electric utility industry. The close connection between U.S. electricity prices and natural gas markets also influences rates, as domestic prices are affected by higher-paying international markets. Looking ahead, projections suggest a continued increase in electricity prices, with residential rates expected to grow by *** percent in 2024, driven by factors such as increased demand and the ongoing effects of climate change.

Germany Electricity decreased 26.18 EUR/MWh or 22.62% since the beginning of 2025, according to the latest spot benchmarks offered by sellers to buyers priced in megawatt hour (MWh). This dataset includes a chart with historical data for Germany Electricity Price.

This dataset, compiled by NREL using data from ABB, the Velocity Suite (http://energymarketintel.com/) and the U.S. Energy Information Administration dataset 861 (http://www.eia.gov/electricity/data/eia861/), provides average residential, commercial and industrial electricity rates with likely zip codes for both investor owned utilities (IOU) and non-investor owned utilities. Note: the files include average rates for each utility (not average rates per zip code), but not the detailed rate structure data found in the OpenEI U.S. Utility Rate Database (https://openei.org/apps/USURDB/).

This table contains consumer prices for electricity and gas. Weighted average monthly prices are published broken down into transport rate, delivery rates and taxes, both including and excluding VAT. These prices are published on a monthly basis. The prices presented in this table were used to compile the CPI up to May 2023. Prices for newly offered contracts were collected. Contract types that are no longer offered, but have been in previous reporting periods, are imputed. The average can therefore diverge from the prices paid for energy contracts by Dutch households.

Data available from January 2018 up to May 2023.

Status of the figures: The figures are definitive.

Changes as of 17 July 2023: This table will no longer be updated. Due to a change in the underlying data and accompanying method for calculcating average energy prices, a new table was created. See paragraph 3.

Changes as of 13 February: Average delivery rates are not shown in this table from January 2023 up to May 2023. With the introduction of the price cap, the average energy rates (delivery rates) of fixed and variable energy contracts together remained useful for calculating a development for the CPI. However, as a pricelevel, they are less useful. Average energy prices from January 2023 up to May 2023 are published in a customized table. In this publication, only data concerning new variable contracts are taken into account

When will new figures be published? Does not apply.

In 2022, residential customers of the Manila Electric Company (Meralco) had a typical monthly electricity bill of about ***** Philippine pesos for 200 kilowatt-hours of electricity consumed. In comparison, residential customers with a monthly consumption of about 1,000 kilowatt-hours would have a typical bill of about ****** Philippine pesos. Meralco is an electric power distribution company in the Philippines that distributes power in Metro Manila, the whole National Capital Region, and Mega Manila.

Households in Great Britain will have their energy bills capped at ***** British pounds per year from October 2022 onwards, due to the measures introduced by the UK government in September of 2022. This will result in savings of around ***** for the average household, compared with the previous price cap, which was set to increase to ***** per year.

In 2022, households living in energy-efficient homes had much smaller heating and electricity bills than those living in buildings with lower efficiency ratings. While the energy bill in a building with a performance rating of B amounted on average to ***** U.S. dollars, the bills in buildings with an E rating were over twice higher.

UK Electricity decreased 18.54 GBP/MWh or 18.10% since the beginning of 2025, according to the latest spot benchmarks offered by sellers to buyers priced in megawatt hour (MWh). This dataset includes a chart with historical data for the United Kingdom Electricity Price.

France Electricity decreased 12.75 EUR/MWh or 18.25% since the beginning of 2025, according to the latest spot benchmarks offered by sellers to buyers priced in megawatt hour (MWh). This dataset includes a chart with historical data for France Electricity Price.

In the United States, the cost of electricity generation from natural gas in 2024 recovered from a high of **** U.S. dollars per million British thermal units recorded in 2022. In Q1 2025, the price stood at *** U.S. dollars per million British thermal units.

Latest Data:January 2023.Electricity billing (consumption and billed amount) data aggregated by suburb per month in a calendar year.History Data:2022; 2021; 2020; 2019.read more.