US Electricity Prices and Sales by State, Sector, and Year

https://www.googleapis.com/download/storage/v1/b/kaggle-user-content/o/inbox%2F8734253%2Fdba0dac3571f37e79f2891a6ffd80d5c%2Fus%20electric%20flag.png?generation=1712518711362350&alt=media" alt=""> This comprehensive dataset offers a detailed look at the United States electricity market, providing valuable insights into prices, sales, and revenue across various states, sectors, and years. With data spanning from 2001 onwards to 2024, this dataset is a powerful tool for analyzing the complex dynamics of the US electricity market and understanding how it has evolved over time.

The dataset includes eight key variables: | Column Name | Description | |-------|-------| | year | The year of the observation | | month | The month of the observation | | stateDescription | The name of the state | | sectorName | The sector of the electricity market (residential, commercial, industrial, other, or all sectors) | | customers | The number of customers (missing for some observations) | | price | The average price of electricity per kilowatt-hour (kWh) in cents | | revenue | The total revenue generated from electricity sales in millions of dollars | | sales | The total electricity sales in millions of kilowatt-hours (kWh) |

By providing such granular data, this dataset enables users to conduct in-depth analyses of electricity market trends, comparing prices and consumption patterns across different states and sectors, and examining the impact of seasonality on demand and prices.

One of the primary applications of this dataset is in forecasting future electricity prices and sales based on historical trends. By leveraging the extensive time series data available, researchers and analysts can develop sophisticated models to predict how prices and demand may change in the coming years, taking into account factors such as economic growth, population shifts, and policy changes. This predictive power is invaluable for policymakers, energy companies, and investors looking to make informed decisions in the rapidly evolving electricity market.

Another key use case for this dataset is in investigating the complex relationships between electricity prices, sales volumes, and revenue. By combining the price, sales, and revenue data, users can explore how changes in prices impact consumer behavior and utility company bottom lines. This analysis can shed light on important questions such as the price elasticity of electricity demand, the effectiveness of energy efficiency programs, and the potential impact of new technologies like renewable energy and energy storage on the market.

Beyond its immediate applications in the energy sector, this dataset also has broader implications for understanding the US economy and society as a whole. Electricity is a critical input for businesses and households across the country, and changes in electricity prices and consumption can have far-reaching effects on economic growth, competitiveness, and quality of life. By providing such a rich and detailed portrait of the US electricity market, this dataset opens up new avenues for research and insights that can inform public policy, business strategy, and academic inquiry.

I hope you all enjoy using this dataset and find it useful! 🤗

The average retail price of electricity for households has risen steadily in the United States, reaching a peak of around 16.48 cents per kilowatt-hour in 2024. 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 2023, power utilities reported a peak in grid operating expenses, with transmission-related costs reaching 15.8 billion U.S. dollars and 6.4 billion U.S. dollars invested in distribution networks.

Complete dataset of average residential and commercial electricity rates in cents per kWh for all 50 states and D.C. as of December 2025.

Industrial consumers of electricity in the United States paid an average of 8.15 U.S. dollar cents per kilowatt-hour in 2024. This was an increase compared to the previous year, when prices peaked at 8.3 U.S. dollar cents per kilowatt-hour. Prices are forecast to increase further to 8.32 U.S. dollar cents per kilowatt-hour by the end of 2025.

In the third quarter of 2025, Bermuda had the highest household electricity prices worldwide, followed by Ireland, Italy, and Germany. At the time, Irish households were charged around 0.44 U.S. dollars per kilowatt-hour, while in Italy, the price stood at 0.42 U.S. dollars per kilowatt-hour. By comparison, in Russia, residents paid almost 10 times less. What is behind electricity prices? Electricity prices vary widely across the world and sometimes even within a country itself, depending on factors like infrastructure, geography, and politically determined taxes and levies. For example, in Denmark, Belgium, and Sweden, taxes constitute a significant portion of residential end-user electricity prices. Reliance on fossil fuel imports Meanwhile, thanks to their great crude oil and natural gas production output, countries like Iran, Qatar, and Russia enjoy some of the cheapest electricity prices in the world. Here, the average household pays less than 0.1 U.S. dollars per kilowatt-hour. In contrast, countries heavily reliant on fossil fuel imports for electricity generation are more vulnerable to market price fluctuations.

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

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/).

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.

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.

Graph and download economic data for Average Price: Electricity per Kilowatt-Hour in Chicago-Naperville-Elgin, IL-IN-WI (CBSA) (APUS23A72610) from Nov 1978 to Dec 2024 about Chicago, electricity, energy, WI, IN, IL, urban, retail, price, and USA.

Graph and download economic data for Global price of Energy index (PNRGINDEXM) from Jan 1992 to Jun 2025 about energy, World, indexes, and price.

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.

United States - Consumer Price Index for All Urban Consumers: Electricity in U.S. City Average was 280.04000 Index 1982-84=100 in July of 2024, according to the United States Federal Reserve. Historically, United States - Consumer Price Index for All Urban Consumers: Electricity in U.S. City Average reached a record high of 280.04000 in July of 2024 and a record low of 101.90000 in January of 1984. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Consumer Price Index for All Urban Consumers: Electricity in U.S. City Average - last updated from the United States Federal Reserve on November of 2025.

A dataset containing the average annual commercial electricity rates, in cents per kWh, for all 50 U.S. states and the District of Columbia from 1990 to 2024. Data is compiled from individual utility filings.

This dataset provides values for ELECTRICITY PRICE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Electricity Prices: U.S. vs Hawaii (Source: EIA)

United States EIA Forecast: Electricity Price: Retail: Commercial Sector data was reported at 10.525 0.01 USD/kWh in Dec 2019. This records a decrease from the previous number of 10.693 0.01 USD/kWh for Nov 2019. United States EIA Forecast: Electricity Price: Retail: Commercial Sector data is updated monthly, averaging 10.623 0.01 USD/kWh from Mar 2016 (Median) to Dec 2019, with 46 observations. The data reached an all-time high of 11.168 0.01 USD/kWh in Sep 2019 and a record low of 9.844 0.01 USD/kWh in Jan 2017. United States EIA Forecast: Electricity Price: Retail: Commercial Sector data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P003: Energy Price: Forecast: Energy Information Administration.

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.

Graph and download economic data for Average Price: Electricity per Kilowatt-Hour in Denver-Aurora-Lakewood, CO (CBSA) (APUS48B72610) from Nov 1978 to May 2024 about Denver, electricity, CO, energy, urban, retail, price, and USA.