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.
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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Germany Electricity decreased 37.48 EUR/MWh or 32.39% 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.
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Electricity Price: Commercial: 0-600 kWh data was reported at 96.000 0.01 EGP/kWh in 2017. This records an increase from the previous number of 69.000 0.01 EGP/kWh for 2016. Electricity Price: Commercial: 0-600 kWh data is updated yearly, averaging 82.500 0.01 EGP/kWh from Jun 2016 (Median) to 2017, with 2 observations. The data reached an all-time high of 96.000 0.01 EGP/kWh in 2017 and a record low of 69.000 0.01 EGP/kWh in 2016. Electricity Price: Commercial: 0-600 kWh data remains active status in CEIC and is reported by Ministry of Electricity and Energy. The data is categorized under Global Database’s Egypt – Table EG.P009: Electricity Price.
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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 May 2025 about electricity, energy, retail, price, and USA.
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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.
New York Energy Prices presents retail energy price data. Energy prices are provided by fuel type in nominal dollars per specified physical unit 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.
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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.
As of April 1, 2024, commercial customers in Germany with an annual consumption of ** megawatt hours paid around **** cents per kilowatt hour of electricity. At the same time, industrial customers with an annual consumption of ** gigawatt hours paid around ** cents per kilowatt hour of electricity. Both figures had decreased compared to 2023.
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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, IL, IN, WI, urban, retail, price, and USA.
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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.
Historical electricity data series updated annually in July alongside the publication of the Digest of United Kingdom Energy Statistics (DUKES).
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Italy Electricity decreased 12.12 EUR/MWh or 8.80% 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 Italy Electricity Price.
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United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Commercial Electric Power was 260.92400 Index 1982=100 in March of 2025, 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 275.06900 in June of 2024 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 June of 2025.
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Spain Electricity decreased 35.50 EUR/MWh or 26.13% 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 Spain Electricity Price.
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.
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Egypt Electricity Price: Commercial: 0-250 kWh data was reported at 84.000 0.01 EGP/kWh in 2017. This records an increase from the previous number of 50.000 0.01 EGP/kWh for 2015. Egypt Electricity Price: Commercial: 0-250 kWh data is updated yearly, averaging 50.000 0.01 EGP/kWh from Jun 2014 (Median) to 2017, with 3 observations. The data reached an all-time high of 84.000 0.01 EGP/kWh in 2017 and a record low of 44.000 0.01 EGP/kWh in 2014. Egypt Electricity Price: Commercial: 0-250 kWh data remains active status in CEIC and is reported by Ministry of Electricity and Energy. The data is categorized under Global Database’s Egypt – Table EG.P009: Electricity Price.
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France Electricity decreased 7.35 EUR/MWh or 10.52% 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.
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Egypt Electricity Price: Commercial: 0-100 kWh data was reported at 45.000 0.01 EGP/kWh in 2017. This records an increase from the previous number of 35.000 0.01 EGP/kWh for 2016. Egypt Electricity Price: Commercial: 0-100 kWh data is updated yearly, averaging 24.000 0.01 EGP/kWh from Jun 2008 (Median) to 2017, with 9 observations. The data reached an all-time high of 45.000 0.01 EGP/kWh in 2017 and a record low of 24.000 0.01 EGP/kWh in 2012. Egypt Electricity Price: Commercial: 0-100 kWh data remains active status in CEIC and is reported by Ministry of Electricity and Energy. The data is categorized under Global Database’s Egypt – Table EG.P009: Electricity Price.
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.