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 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.

Graph and download economic data for Average Price: Electricity per Kilowatt-Hour in U.S. City Average (APU000072610) from Nov 1978 to Sep 2025 about electricity, energy, retail, price, and USA.

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.

Energy Inflation in the United States increased to 2.80 percent in September from 0.20 percent in August of 2025. This dataset includes a chart with historical data for the United States Energy Inflation.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Household Energy in U.S. City Average (CUSR0000SAH21) from Jan 1967 to Sep 2025 about energy, urban, households, consumer, CPI, inflation, price index, indexes, price, and USA.

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.

Energy crisis such as the one unfolding in 2021, have the chance of increasing household energy bills by some 25 percent. Assuming governments continue decarbonizing the energy sector in line with already stated policies, unexpected price hikes of fossil fuel commodities such as natural gas and coal could see the average household bill in developed countries increase to close to 4,000 U.S. dollars by 2030. This compared to an average bill of some 3,200 U.S. dollars between 2016 and 2020. A net zero scenario would see energy bills less affected by disturbances of commodity prices, as the reliance on fossil fuels will have been further reduced.

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

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

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.

2020 data excluded because the U.S. Census Bureau did not release 2020 ACS 1-year estimates due to COVID-19. Some racial and ethnic categories are suppressed to avoid misleading estimates when the relative standard error exceeds 30%.

Data Source: American Community Survey (ACS) 1-Year Estimates

Why this Matters

Household access to energy is central to maintaining health and well-being through heating, cooling, lighting, cooking, internet, and more.Energy cost burden can keep families from escaping poverty. High costs can lead to households forgoing food and medicine or keeping their homes at unsafe temperatures.Racial residential segregation, housing discrimination, and socioeconomic disparities have prevented many Black communities and people of color from accessing newer, energy-efficient homes. This, alongside higher rates of economic insecurity, increases BIPOC populations' risk of facing energy cost burdens.

The District's Response

To address disparities in energy affordability, the District Government offers a number of Utility Affordability Programs.

The District’s Weatherization Assistance Program helps lower energy burden by improving the energy efficiency of homes.

District-supported solar power programs for renters and homeowners can reduce energy costs by producing renewable energy on site.

This dataset examines how wind speeds affect electricity prices in the short-term Spanish market, OMIE. It includes daily minimum, average, and maximum power prices (euros per megawatt hour) alongside wind speed and gust data (kilometers per hour) from observation points. By studying the link between weather and energy markets, this data offers valuable insights for:

Energy stakeholders: Improve forecasting and price management. Scientists, weather agencies, and environmental regulators: Understand the impact of changing wind patterns on short-term pricing. Educators: Provide a clear example of how external factors influence electricity costs.

https://www.googleapis.com/download/storage/v1/b/kaggle-user-content/o/inbox%2F8127972%2Fbb6b49d4323030fce46b4977b1f6a943%2Fpark-wind-farm-3820819_1920-1.jpg?generation=1713751430959640&alt=media" alt="">Average, min and max daily OMIE power prices (Spanish market) with corresponding wind average speed and maximum speed for each day. Units: €/MWh (Power Price), km/h (wind speed).

This dataset is like a treasure map, helping us understand how wind speed observations affect electricity prices in Spain's OMIE market. By following this map, stakeholders can develop winning strategies for:

Forecasting electricity prices: Knowing how wind speed affects prices allows us to predict costs more accurately, avoiding surprises and making better financial decisions. Managing energy production: If we can predict wind power generation based on wind speed, we can adjust production from other sources (like gas or solar) to balance supply and demand, keeping the grid stable and efficient. Optimizing energy consumption: Understanding how wind affects prices can help consumers shift their usage to cheaper times, saving money on electricity bills. To unlock these benefits, let's dive into the data! We can start by visualizing the daily price (€/MWh) alongside wind speed readings (km/h) from different locations. This will give us a feel for the typical patterns and any seasonal trends.

Here are some additional ideas for exploring the data:

Compare maximum prices with peak wind speeds: This might reveal how much wind power can actually offset high demand periods. Look for relationships between price fluctuations and temperature: Hot or cold weather can increase demand for electricity, potentially impacting prices. Go beyond averages: Consider hourly or daily data to capture the dynamic nature of both wind power generation and electricity usage. Once we have a good grasp of the individual pieces, we can use more advanced techniques like linear regression. This can help us quantify the exact influence of factors like temperature on price fluctuations. With this knowledge, we can not only analyze current data but also make informed predictions about the future. This can involve considering market trends, weather forecasts, and other external factors that might affect supply and demand.

By combining data analysis with a bit of detective work (correlation studies, causality analysis), this dataset can be a powerful tool for navigating the ever-changing world of energy!

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Germany Electricity decreased 17.60 EUR/MWh or 15.21% 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.

Electricity prices in Europe are expected to remain volatile through 2025, with Italy projected to have some of the highest rates among major European economies. This trend reflects the ongoing challenges in the energy sector, including the transition to renewable sources and the impact of geopolitical events on supply chains. Despite efforts to stabilize the market, prices still have not returned to pre-pandemic levels, such as in countries like Italy, where prices are forecast to reach ****** euros per megawatt hour in September 2025. Natural gas futures shaping electricity costs The electricity market's future trajectory is closely tied to natural gas prices, a key component in power generation. Dutch TTF gas futures, a benchmark for European natural gas prices, are projected to be ***** euros per megawatt hour in July 2025. The reduced output from the Groningen gas field and increased reliance on imports further complicate the pricing landscape, potentially contributing to higher electricity costs in countries like Italy. Regional disparities and global market influences While European electricity prices remain high, significant regional differences persist. For instance, natural gas prices in the United States are expected to be roughly one-third of those in Europe by March 2025, at **** U.S. dollars per million British thermal units. This stark contrast highlights the impact of domestic production capabilities on global natural gas prices. Europe's greater reliance on imports, particularly in the aftermath of geopolitical tensions and the shift away from Russian gas, continues to keep prices elevated compared to more self-sufficient markets. As a result, countries like Italy may face sustained pressure on electricity prices due to their position within the broader European energy market. As of August 2025, electricity prices in Italy have decreased to ****** euros per megawatt hour, reflecting ongoing volatility in the market.

France Electricity decreased 21.25 EUR/MWh or 30.42% 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.