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.

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 retail electricity price for the residential sector in the United States was an estimated 44.1 U.S. dollars per million British thermal units in 2022. In comparison, an estimated retail price of 24.41 U.S. dollars was recorded for the industrial sector.

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.

In 2022, industrial electricity prices were highest in the state of Hawaii, located offshore the Pacific coast of the United States. In Hawaii, electricity prices for industries amounted to 36.71 U.S. dollar cents per kilowatt-hour that year. Alaska, Rhode Island, and Massachusetts followed with roughly 18 U.S. dollar cents per kilowatt-hour each. Hawaii accounted for the highest residential electricity price in the U.S., as well.

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.

Although the American Community Survey (ACS) produces population, demographic and housing unit estimates, the decennial census is the official source of population totals for April 1st of each decennial year. In between censuses, the Census Bureau's Population Estimates Program produces and disseminates the official estimates of the population for the nation, states, counties, cities, and towns and estimates of housing units for states and counties..Information about the American Community Survey (ACS) can be found on the ACS website. Supporting documentation including code lists, subject definitions, data accuracy, and statistical testing, and a full list of ACS tables and table shells (without estimates) can be found on the Technical Documentation section of the ACS website.Sample size and data quality measures (including coverage rates, allocation rates, and response rates) can be found on the American Community Survey website in the Methodology section..Source: U.S. Census Bureau, 2022 American Community Survey 1-Year Estimates.Data are based on a sample and are subject to sampling variability. The degree of uncertainty for an estimate arising from sampling variability is represented through the use of a margin of error. The value shown here is the 90 percent margin of error. The margin of error can be interpreted roughly as providing a 90 percent probability that the interval defined by the estimate minus the margin of error and the estimate plus the margin of error (the lower and upper confidence bounds) contains the true value. In addition to sampling variability, the ACS estimates are subject to nonsampling error (for a discussion of nonsampling variability, see ACS Technical Documentation). The effect of nonsampling error is not represented in these tables..The 2022 American Community Survey (ACS) data generally reflect the March 2020 Office of Management and Budget (OMB) delineations of metropolitan and micropolitan statistical areas. In certain instances the names, codes, and boundaries of the principal cities shown in ACS tables may differ from the OMB delineations due to differences in the effective dates of the geographic entities..Estimates of urban and rural populations, housing units, and characteristics reflect boundaries of urban areas defined based on 2020 Census data. As a result, data for urban and rural areas from the ACS do not necessarily reflect the results of ongoing urbanization..Explanation of Symbols:- The estimate could not be computed because there were an insufficient number of sample observations. For a ratio of medians estimate, one or both of the median estimates falls in the lowest interval or highest interval of an open-ended distribution. For a 5-year median estimate, the margin of error associated with a median was larger than the median itself.N The estimate or margin of error cannot be displayed because there were an insufficient number of sample cases in the selected geographic area. (X) The estimate or margin of error is not applicable or not available.median- The median falls in the lowest interval of an open-ended distribution (for example "2,500-")median+ The median falls in the highest interval of an open-ended distribution (for example "250,000+").** The margin of error could not be computed because there were an insufficient number of sample observations.*** The margin of error could not be computed because the median falls in the lowest interval or highest interval of an open-ended distribution.***** A margin of error is not appropriate because the corresponding estimate is controlled to an independent population or housing estimate. Effectively, the corresponding estimate has no sampling error and the margin of error may be treated as zero.

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.

United States - Producer Price Index by Industry: Electric Power Distribution was 187.64900 Index Dec 2003=100 in January of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Electric Power Distribution reached a record high of 214.03100 in August of 2022 and a record low of 100.00000 in December of 2003. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Electric Power Distribution - last updated from the United States Federal Reserve on March of 2025.

United States Fossil Fuel Support by Sector: Electricity Generation: USD: 2022 Price: Total: End Use Electricity data was reported at 0.000 USD mn in 2022. This stayed constant from the previous number of 0.000 USD mn for 2021. United States Fossil Fuel Support by Sector: Electricity Generation: USD: 2022 Price: Total: End Use Electricity data is updated yearly, averaging 0.000 USD mn from Sep 2010 (Median) to 2022, with 13 observations. The data reached an all-time high of 0.000 USD mn in 2022 and a record low of 0.000 USD mn in 2022. United States Fossil Fuel Support by Sector: Electricity Generation: USD: 2022 Price: Total: End Use Electricity data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s United States – Table US.OECD.ESG: Environmental: Fossil Fuel Support by Sector: OECD Member: Annual.

Analysis of ‘U.S. Electric Utility Companies and Rates: Look-up by Zipcode (2019)’ provided by Analyst-2 (analyst-2.ai), based on source dataset retrieved from https://catalog.data.gov/dataset/2fc052b0-4404-425e-92a1-c68a9d5344b8 on 12 February 2022.

--- Dataset description provided by original source is as follows ---

This dataset, compiled by NREL using data from ABB, the Velocity Suite and the U.S. Energy Information Administration dataset 861, 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.

--- Original source retains full ownership of the source dataset ---

United States Fossil Fuel Support by Sector: Electricity Generation: USD: 2022 Price: Direct Transfer: Coal data was reported at 0.000 USD mn in 2022. This stayed constant from the previous number of 0.000 USD mn for 2021. United States Fossil Fuel Support by Sector: Electricity Generation: USD: 2022 Price: Direct Transfer: Coal data is updated yearly, averaging 0.000 USD mn from Sep 2010 (Median) to 2022, with 13 observations. The data reached an all-time high of 0.000 USD mn in 2022 and a record low of 0.000 USD mn in 2022. United States Fossil Fuel Support by Sector: Electricity Generation: USD: 2022 Price: Direct Transfer: Coal data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s United States – Table US.OECD.ESG: Environmental: Fossil Fuel Support by Sector: OECD Member: Annual.

United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Commercial Electric Power was 217.52300 Index 1982=100 in March of 2022, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Commercial Electric Power reached a record high of 226.21100 in February of 2022 and a record low of 28.30000 in November of 1966. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Commercial Electric Power - last updated from the United States Federal Reserve on March of 2025.

In 2022, commercial electricity prices amounted to 40.59 U.S. dollar cents per kilowatt-hour in the United States' state of Hawaii. This was by far the highest electricity price in the country, followed by California with over 20 U.S. dollar cents per kilowatt-hours. The state of Hawaii accounted for the highest residential and industrial electricity price in the U.S., as well.

United States Fossil Fuel Support by Sector: Residential: USD: 2022 Price: Direct Transfer: End Use Electricity data was reported at 59.289 USD mn in 2022. This records an increase from the previous number of 0.000 USD mn for 2021. United States Fossil Fuel Support by Sector: Residential: USD: 2022 Price: Direct Transfer: End Use Electricity data is updated yearly, averaging 0.398 USD mn from Sep 2010 (Median) to 2022, with 13 observations. The data reached an all-time high of 59.289 USD mn in 2022 and a record low of 0.000 USD mn in 2021. United States Fossil Fuel Support by Sector: Residential: USD: 2022 Price: Direct Transfer: End Use Electricity data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s United States – Table US.OECD.ESG: Environmental: Fossil Fuel Support by Sector: OECD Member: Annual.

Graph and download economic data for Producer Prices Index: Economic Activities: Energy: Total for United States (PIEAEN01USM661N) from Jan 1960 to Dec 2022 about energy, PPI, price index, indexes, price, and USA.

Primary energy consumption of United States of America fell by 1.18% from 94.81 quadrillion btu in 2022 to 93.69 quadrillion btu in 2023. Since the 5.04% jump in 2021, primary energy consumption went up by 0.36% in 2023. The Energy Information Administration includes the following in U.S. Primary Energy Consumption: coal consumption; coal coke net imports; petroleum consumption (petroleum products supplied, including natural gas plant liquids and crude oil burned as fuel); dry natural gas excluding supplemental gaseous fuels consumption; nuclear electricity net generation (converted to Btu using the nuclear plants heat rate); conventional hydroelectricity net generation (converted to Btu using the fossil-fueled plants heat rate); geothermal electricity net generation (converted to Btu using the geothermal plants heat rate), and geothermal heat pump energy and geothermal direct use energy; solar thermal and photovoltaic electricity net generation (converted to Btu using the fossil-fueled plants heat rate), and solar thermal direct use energy; wind electricity net generation (converted to Btu using the fossil-fueled plants heat rate); wood and wood-derived fuels consumption; biomass waste consumption; fuel ethanol and biodiesel consumption; losses and co-products from the production of fuel ethanol and biodiesel; and electricity net imports (converted to Btu using the electricity heat content of 3,412 Btu per kilowatthour).

Key Table Information.Table Title.Mining: Summary Statistics for the U.S., States, and Selected Geographies: 2022.Table ID.ECNBASIC2022.EC2221BASIC.Survey/Program.Economic Census.Year.2022.Dataset.ECN Core Statistics Summary Statistics for the U.S., States, and Selected Geographies: 2022.Source.U.S. Census Bureau, 2022 Economic Census, Core Statistics.Release Date.2024-12-05.Release Schedule.The Economic Census occurs every five years, in years ending in 2 and 7.The data in this file come from the 2022 Economic Census data files released on a flow basis starting in January 2024 with First Look Statistics. Preliminary U.S. totals released in January 2024 are superseded with final data shown in the releases of later economic census statistics through March 2026.For more information about economic census planned data product releases, see 2022 Economic Census Release Schedule..Dataset Universe.The dataset universe consists of all establishments that are in operation for at least some part of 2022, are located in one of the 50 U.S. states, associated offshore areas, or the District of Columbia, have paid employees, and are classified in one of nineteen in-scope sectors defined by the 2022 North American Industry Classification System (NAICS)..Methodology.Data Items and Other Identifying Records.Number of firmsNumber of establishmentsSales, value of shipments, or revenue ($1,000)Annual payroll ($1,000)First-quarter payroll ($1,000)Number of employeesProduction and/or development and exploration workers annual wages ($1,000)Production and/or development and exploration workers for pay period including March 12Construction, production and/or development and exploration workers annual hours (1,000)Other employees annual wages ($1,000)Other employees for pay period including March 12Total fringe benefits ($1,000)Employer's cost for health insurance ($1,000)Employer's cost for defined benefit pension plans ($1,000)Employer's cost for defined contribution plans ($1,000)Employer's cost for other fringe benefits ($1,000)Total cost of supplies and/or materials ($1,000)Cost of materials, components, packaging and/or supplies used, minerals received, or purchased machinery installed ($1,000)Cost of resales ($1,000)Cost of contract work ($1,000)Cost of purchased fuels consumed ($1,000)Cost of purchased electricity ($1,000)Quantity of electricity purchased for heat and power (1,000 kWh)Quantity of generated electricity (1,000 kWh)Quantity of electricity sold or transferred (1,000 kWh) Value added ($1,000)Total inventories, beginning of year ($1,000)Finished goods or minerals products, crude petroleum, and natural gas liquids inventories, beginning of year ($1,000)Materials and/or supplies, parts, fuels, etc. inventories, beginning of year ($1,000)Total inventories, end of year ($1,000)Finished goods or minerals products, crude petroleum, and natural gas liquids inventories, end of year ($1,000)Materials and/or supplies, parts, fuels, etc. inventories, end of year ($1,000)Capital expenditures (except land and mineral rights) ($1,000)Total capital expenditures for buildings, structures, machinery, and equipment (new and used) ($1,000)Capital expenditures for mineral exploration and development ($1,000)Capital expenditures for mineral land and rights ($1,000)Lease rents ($1,000)Expensed mineral exploration, development, land, and rights ($1,000)Current operating expenses for exploration, development, and mineral land and rights ($1,000)Current operating expenses for royalty payments ($1,000)Total rental payments or lease payments ($1,000)Rental payments or lease payments for buildings and other structures ($1,000)Rental payments or lease payments for machinery and equipment ($1,000)Total other operating expenses ($1,000)Temporary staff and leased employee expenses ($1,000)Expensed computer hardware and other equipment ($1,000)Expensed purchases of software ($1,000)Data processing and other purchased computer services ($1,000)Communication services ($1,000)Repair and maintenance services of buildings and/or machinery ($1,000) Refuse removal (including hazardous waste) services ($1,000)Advertising and promotional services ($1,000)Purchased professional and technical services ($1,000) Taxes and license fees ($1,000)All other operating expenses ($1,000)Range indicating imputed percentage of total sales, value of shipments, or revenueRange indicating imputed percentage of total annual payrollRange indicating imputed percentage of total employeesDefinitions can be found by clicking on the column header in the table or by accessing the Economic Census Glossary..Unit(s) of Observation.The reporting units for the economic census are employer establishments. An establishment is generally a single physical location where business is conducted or where services or industrial operations are performed. A company or firm is comprised of one or more in-scope establishments that operate under the ownership or control of a single organization...