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Graph and download economic data for Average Price: Electricity per Kilowatt-Hour in U.S. City Average (APU000072610) from Nov 1978 to Apr 2025 about electricity, energy, retail, price, and USA.
Hawaii is the state with the highest household electricity price in the United States. In September 2024, the average retail price of electricity for Hawaiian residences amounted to 41.27 U.S. cents per kilowatt-hour. California followed in second, with 30.221 U.S. cents per kilowatt-hour. Meanwhile, Utah registered the lowest price in the period, at around 11.4 U.S. cents per kilowatt-hour. Why is electricity so expensive in Hawaii? Fossil fuels, and specifically oil, account for approximately 80 percent of Hawaii’s electricity mix, so the electricity price in this state can be roughly brought down to the price of oil in the country. Oil was by far the most expensive fossil fuel used for electricity generation in the country. As Hawaii depends on oil imports, the cost of transportation and infrastructure must be added to the oil price. Electricity prices worldwide The U.S. retail price for electricity increased almost every year since 1990. In 2023, it stood at 12.7 U.S. cents per kilowatt-hour, almost double the charge put on electricity back in 1990. However, household electricity prices are around 25 U.S. dollar cents per kilowatt-hour lower in the U.S. when compared to European countries reliant on energy imports, such as Germany and Italy.
A table listing the average electricity rates (kWh) of all 50 U.S. states as of March 2025.
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.
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.
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Energy Inflation in the United States decreased to -3.70 percent in April from -3.30 percent in March of 2025. This dataset includes a chart with historical data for the United States Energy Inflation.
Annual data on the average price of retail electricity to consumers. Data organized by U.S. state and by provider, i.e., total electric industry, full-service providers, restructured retail service providers, energy-only providers, and delivery-only service. Annual time series extend back to 1990. Based on Form EIA-861 data.
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The retail price for electricity in the United States stood at an average of 12.99 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 41.27 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 11.4 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 15.98 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 two percent in 2024, driven by factors such as increased demand and the ongoing effects of climate change. (201714)
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Electricity: Average Retail Price: EIA: Industrial data was reported at 6.580 0.01 USD/kWh in Apr 2018. This records a decrease from the previous number of 6.640 0.01 USD/kWh for Mar 2018. Electricity: Average Retail Price: EIA: Industrial data is updated monthly, averaging 4.995 0.01 USD/kWh from Jul 1976 (Median) to Apr 2018, with 430 observations. The data reached an all-time high of 7.720 0.01 USD/kWh in Jul 2008 and a record low of 2.200 0.01 USD/kWh in Nov 1976. Electricity: Average Retail Price: EIA: Industrial data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s USA – Table US.P002: Energy Price.
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Graph and download economic data for Consumer Price Index for All Urban Consumers: Electricity in U.S. City Average (CUUR0000SEHF01) from Dec 1913 to Apr 2025 about electricity, urban, consumer, CPI, price index, indexes, price, and USA.
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Graph and download economic data for Average Price: Electricity per Kilowatt-Hour in the Northeast Census Region - Size Class B/C (APUN10072610) from Jan 1998 to Dec 2024 about electricity, energy, retail, price, and USA.
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New York Energy Prices presents retail energy price data. Energy prices are provided by fuel type in nominal dollars per million Btu for the residential, commercial, industrial, and transportation sectors. This section includes a column in the price table displaying gross domestic product (GDP) price deflators for converting nominal (current year) dollars to constant (real) dollars. To convert nominal to constant dollars, divide the nominal energy price by the GDP price deflator for that particular year. Historical petroleum, electricity, coal, and natural gas prices were compiled primarily from the Energy Information Administration. How does your organization use this dataset? What other NYSERDA or energy-related datasets would you like to see on Open NY? Let us know by emailing OpenNY@nyserda.ny.gov.
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Have timely access to reliable Electricity price assessments in United States:
Each assessment includes Electricity price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.
Electricity price assessments for United States and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.
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.
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Graph and download economic data for Average Price: Electricity per Kilowatt-Hour in Washington-Arlington-Alexandria, DC-VA-MD-WV (CBSA) (APUS35A72610) from Nov 1978 to Dec 2024 about DC, Washington, electricity, MD, energy, WV, VA, urban, retail, price, and USA.
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Refiner Price: Resale: EIA: No 2 Distillate: Diesel Fuel data was reported at 2.099 USD/gal in Apr 2018. This records an increase from the previous number of 1.952 USD/gal for Mar 2018. Refiner Price: Resale: EIA: No 2 Distillate: Diesel Fuel data is updated monthly, averaging 0.818 USD/gal from Jan 1983 (Median) to Apr 2018, with 424 observations. The data reached an all-time high of 3.876 USD/gal in Jul 2008 and a record low of 0.340 USD/gal in Jul 1986. Refiner Price: Resale: EIA: No 2 Distillate: Diesel Fuel data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s USA – Table US.P002: Energy Price.
Industrial consumers of electricity in the United States paid an average of 8.06 U.S. dollar cents per kilowatt-hour in 2023. This figure marked a decrease compared to the previous year, when prices peaked at 8.3 U.S. dollar cents per kilowatt-hour.
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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.
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Graph and download economic data for Average Price: Electricity per Kilowatt-Hour in U.S. City Average (APU000072610) from Nov 1978 to Apr 2025 about electricity, energy, retail, price, and USA.