Electricity rates — the rate per killowatt-hour (kWh) a home or business pays for electricity — depends on numerous factors including (but not limited to) service address location, type of building (residential/commercial), usage, general market conditions, and market disruptions (wars Contact online >>
Electricity rates — the rate per killowatt-hour (kWh) a home or business pays for electricity — depends on numerous factors including (but not limited to) service address location, type of building (residential/commercial), usage, general market conditions, and market disruptions (wars, weather, etc).
These are average electricity rates. The actual electric rate your local energy provider charges you may be higher or lower than the rate listed for your state:
The average electric rate in the United States is 16.54 cents per kWh. Louisiana has the cheapest electric rate (on average) with customers paying 11.23 cents per kWh for electricity. Electricity rates in Hawaii are the highest with rates over 40 cents (42.10¢) per kWh for electricity.
With the average US household using 899 killowatt-hours (kWh) of electricity each month, homes in Hawaii have an electric bill of approximately $378/month on average.
Note: the rates, figures, and averages above are for residential electric service. Business electricity rates are typically much lower than rates available to homes and residential customers.
In regulated markets, you’re stuck with the rate provided to you by your local utility. In deregulated energy markets, you can shop around and attempt to find a better electric rate at another provider in your area.
Table of ContentsStates ElectricityRates ServesEnergy Rates by StateAverage US Electricity Rate, Consumption & BillAverage Residential Electricity Rate, Bill and Consumption by StateAverage Residential Electricity Rates by StateStates With the Highest Electricity RatesStates with the Lowest Electricity Rates
ElectricityRates serves the following Energy Choice states. Click on your state below for more information on how you may be able to save by switching electricity providers.
Energy deregulation aka “Energy Choice” is the process that allows residents and businesses in multiple states to compare and choose plans from a number of retail energy providers. View the map above to see if your state is deregulated.
What you pay for electricity depends on numerous factors including your geographic location, time of year and whether or not you live in a deregulated energy state, also known as having Energy Choice.
Our job is to help you make the most informed decision when it comes to energy and saving on your electricity bill which is why we’ve created this guide to electricity rates by state including average rates, bills, and where you can find the cheapest electricity in the country.
According to the most recent data from the United States Energy Information Association (EIA), here is the United State''s average residential electricity rate, consumption and electricity bill as of 2022:
About United states electricity rates
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