Electricity Rates By State 2021 - ElectricRateSelect.com

Last update: July 2021

If you’re reading this, you’re most likely trying to figure out which state has the cheapest electricity rates. Electricity rates by state can vary sharply. Many large industries consume well over 10 million kilowatt-hours annually. With the rise of bitcoin and other cryptocurrencies, it is not uncommon to find a company shopping around for which state offers the lowest energy costs.

We’ll take a look at electricity rates by state for different sectors of the market including residential, commercial, and industrial, and do a state-by-state comparison to the national average.

According to the U.S. Energy Information Administration, for 2021, the U.S. average for residential, commercial, and industrial is 13.76 cents/kWh, 10.99 cents/kWh, and 6.77 cents/kWh, respectively. Energy prices have increased an average of five percent from 2020 to 2021.

2021 U.S. Average Trends by Sector

Contents

1 2021 U.S. Average Trends by Sector
2 2021 U.S. Average for Residential is 13.76 Cents Per kWh
3 2021 U.S. Average for Commercial is 10.99 Cents Per kWh
4 2021 U.S. Average for Industrial is 6.77 Cents Per kWh
5 Factors that Affect Electricity Rates by State

Sector	2020	2021	% Change
Residential	13.08 cents/kWh	13.76 cents/kWh	5.2%
Commercial	10.41 cents/kWh	10.99 cents/kWh	5.6%
Industrial	6.40 cents/kWh	6.77 cents/kWh	5.8%

2021 U.S. Average for Residential is 13.76 Cents Per kWh

State	2020	2021	State	2020	2021
Alabama	12.77 cents/kWh	13.73 cents/kWh	Hawaii	33.10 cents/kWh	32.80 cents/kWh
Alaska	22.32 cents/kWh	22.15 cents/kWh	Idaho	9.64 cents/kWh	9.65 cents/kWh
Arizona	12.16 cents/kWh	12.54 cents/kWh	Illinois	13.17 cents/kWh	14.04 cents/kWh
Arkansas	10.13 cents/kWh	10.95 cents/kWh	Indiana	12.19 cents/kWh	13.93 cents/kWh
California	20.49 cents/kWh	23.37 cents/kWh	Iowa	12.40 cents/kWh	12.35 cents/kWh
Colorado	12.04 cents/kWh	12.53 cents/kWh	Kansas	12.68 cents/kWh	13.60 cents/kWh
Connecticut	23.30 cents/kWh	23.72 cents/kWh	Kentucky	10.76 cents/kWh	12.08 cents/kWh
Delaware	12.95 cents/kWh	12.74 cents/kWh	Louisiana	9.08 cents/kWh	11.04 cents/kWh
Florida	11.64 cents/kWh	11.77 cents/kWh	Maine	16.53 cents/kWh	16.46 cents/kWh
Georgia	11.40 cents/kWh	12.23 cents/kWh	Maryland	13.59 cents/kWh	12.98 cents/kWh
Massachusetts	22.80 cents/kWh	23.45 cents/kWh	New Mexico	12.47 cents/kWh	13.09 cents/kWh
Michigan	16.05 cents/kWh	17.62 cents/kWh	New York	17.17 cents/kWh	18.50 cents/kWh
Minnesota	12.85 cents/kWh	13.17 cents/kWh	North Carolina	11.68 cents/kWh	11.67 cents/kWh
Mississippi	11.54 cents/kWh	12.13 cents/kWh	North Dakota	10.00 cents/kWh	10.79 cents/kWh
Missouri	9.99 cents/kWh	11.15 cents/kWh	Ohio	11.78 cents/kWh	13.16 cents/kWh
Montanna	11.32 cents/kWh	11.08 cents/kWh	Oklahoma	9.84 cents/kWh	11.45 cents/kWh
Nebraska	10.55 cents/kWh	11.62 cents/kWh	Oregon	10.95 cents/kWh	11.33 cents/kWh
Nevada	12.12 cents/kWh	12.18 cents/kWh	Pennsylvania	13.75 cents/kWh	13.76 cents/kWh
New Hampshire	18.97 cents/kWh	19.80 cents/kWh	Rhode Island	23.25 cents/kWh	23.54 cents/kWh
New Jersey	16.14 cents/kWh	16.54 cents/kWh	South Carolina	12.79 cents/kWh	13.29 cents/kWh
South Dakota	11.18 cents/kWh	11.96 cents/kWh	Tennessee	10.81 cents/kWh	11.57 cents/kWh
Texas	12.09 cents/kWh	11.97 cents/kWh	Utah	10.16 cents/kWh	10.07 cents/kWh
Vermont	19.60 cents/kWh	19.47 cents/kWh	Virginia	12.27 cents/kWh	12.87 cents/kWh
Washington	9.60 cents/kWh	10.13 cents/kWh	West Virginia	11.98 cents/kWh	12.43 cents/kWh
Wisconsin	14.73 cents/kWh	14.62 cents/kWh	Wyoming	10.71 cents/kWh	11.11 cents/kWh

2021 U.S. Average for Commercial is 10.99 Cents Per kWh

State	2020	2021	State	2020	2021
Alabama	11.43 cents/kWh	12.28 cents/kWh	Hawaii	33.10 cents/kWh	33.17 cents/kWh
Alaska	19.54 cents/kWh	19.01 cents/kWh	Idaho	7.47 cents/kWh	7.73 cents/kWh
Arizona	9.59 cents/kWh	9.96 cents/kWh	Illinois	8.99 cents/kWh	9.60 cents/kWh
Arkansas	8.46 cents/kWh	8.73 cents/kWh	Indiana	10.83 cents/kWh	11.53 cents/kWh
California	15.57 cents/kWh	18.70 cents/kWh	Iowa	9.86 cents/kWh	9.18 cents/kWh
Colorado	9.76 cents/kWh	10.35 cents/kWh	Kansas	10.24 cents/kWh	10.63 cents/kWh
Connecticut	17.19 cents/kWh	16.81 cents/kWh	Kentucky	10.33 cents/kWh	10.82 cents/kWh
Delaware	9.78 cents/kWh	9.07 cents/kWh	Louisiana	8.59 cents/kWh	10.15 cents/kWh
Florida	9.34 cents/kWh	9.34 cents/kWh	Maine	12.74 cents/kWh	12.31 cents/kWh
Georgia	9.70 cents/kWh	10.40 cents/kWh	Maryland	9.90 cents/kWh	9.91 cents/kWh
Massachusetts	16.23 cents/kWh	15.80 cents/kWh	New Mexico	9.44 cents/kWh	10.37 cents/kWh
Michigan	11.51 cents/kWh	12.24 cents/kWh	New York	13.33 cents/kWh	15.85 cents/kWh
Minnesota	10.00 cents/kWh	10.81 cents/kWh	North Carolina	8.96 cents/kWh	7.96 cents/kWh
Mississippi	10.53 cents/kWh	11.04 cents/kWh	North Dakota	8.81 cents/kWh	8.89 cents/kWh
Missouri	8.05 cents/kWh	8.41 cents/kWh	Ohio	9.34 cents/kWh	9.78 cents/kWh
Montanna	10.36 cents/kWh	10.42 cents/kWh	Oklahoma	7.08 cents/kWh	7.90 cents/kWh
Nebraska	8.81 cents/kWh	8.77 cents/kWh	Oregon	8.99 cents/kWh	9.07 cents/kWh
Nevada	7.68 cents/kWh	7.30 cents/kWh	Pennsylvania	8.62 cents/kWh	8.64 cents/kWh
New Hampshire	15.43 cents/kWh	16.62 cents/kWh	Rhode Island	15.58 cents/kWh	15.12 cents/kWh
New Jersey	12.08 cents/kWh	12.41 cents/kWh	South Carolina	10.22 cents/kWh	10.21 cents/kWh
South Dakota	9.24 cents/kWh	9.68 cents/kWh	Tennessee	10.70 cents/kWh	10.90 cents/kWh
Texas	7.84 cents/kWh	10.50 cents/kWh	Utah	8.11 cents/kWh	8.06 cents/kWh
Vermont	16.42 cents/kWh	16.52 cents/kWh	Virginia	8.10 cents/kWh	6.62 cents/kWh
Washington	8.96 cents/kWh	9.04 cents/kWh	West Virginia	9.60 cents/kWh	9.72 cents/kWh
Wisconsin	10.79 cents/kWh	10.77 cents/kWh	Wyoming	9.36 cents/kWh	9.90 cents/kWh

2021 U.S. Average for Industrial is 6.77 Cents Per kWh

State	2020	2021	State	2020	2021
Alabama	5.36 cents/kWh	6.34 cents/kWh	Hawaii	26.15 cents/kWh	25.49 cents/kWh
Alaska	16.35 cents/kWh	16.83 cents/kWh	Idaho	5.16 cents/kWh	6.00 cents/kWh
Arizona	5.31 cents/kWh	5.98 cents/kWh	Illinois	6.63 cents/kWh	6.95 cents/kWh
Arkansas	5.38 cents/kWh	5.65 cents/kWh	Indiana	6.60 cents/kWh	6.66 cents/kWh
California	12.37 cents/kWh	13.28 cents/kWh	Iowa	6.19 cents/kWh	5.52 cents/kWh
Colorado	7.12 cents/kWh	7.65 cents/kWh	Kansas	7.22 cents/kWh	7.26 cents/kWh
Connecticut	13.64 cents/kWh	11.30 cents/kWh	Kentucky	5.07 cents/kWh	5.54 cents/kWh
Delaware	6.96 cents/kWh	7.85 cents/kWh	Louisiana	4.66 cents/kWh	5.91 cents/kWh
Florida	7.17 cents/kWh	7.37 cents/kWh	Maine	8.92 cents/kWh	8.75 cents/kWh
Georgia	5.05 cents/kWh	5.90 cents/kWh	Maryland	7.62 cents/kWh	8.03 cents/kWh
Massachusetts	13.88 cents/kWh	14.57 cents/kWh	New Mexico	5.34 cents/kWh	6.03 cents/kWh
Michigan	7.08 cents/kWh	7.40 cents/kWh	New York	5.24 cents/kWh	7.39 cents/kWh
Minnesota	7.46 cents/kWh	8.39 cents/kWh	North Carolina	5.84 cents/kWh	5.90 cents/kWh
Mississippi	5.87 cents/kWh	5.89 cents/kWh	North Dakota	8.48 cents/kWh	6.97 cents/kWh
Missouri	5.89 cents/kWh	6.45 cents/kWh	Ohio	5.45 cents/kWh	6.18 cents/kWh
Montanna	4.89 cents/kWh	5.59 cents/kWh	Oklahoma	4.07 cents/kWh	4.77 cents/kWh
Nebraska	8.22 cents/kWh	8.09 cents/kWh	Oregon	5.87 cents/kWh	6.08 cents/kWh
Nevada	4.61 cents/kWh	5.13 cents/kWh	Pennsylvania	6.11 cents/kWh	6.08 cents/kWh
New Hampshire	12.94 cents/kWh	13.52 cents/kWh	Rhode Island	15.48 cents/kWh	15.82 cents/kWh
New Jersey	10.14 cents/kWh	10.03 cents/kWh	South Carolina	5.49 cents/kWh	5.64 cents/kWh
South Dakota	7.63 cents/kWh	7.73 cents/kWh	Tennessee	5.45 cents/kWh	5.38 cents/kWh
Texas	5.39 cents/kWh	6.18 cents/kWh	Utah	5.57 cents/kWh	5.98 cents/kWh
Vermont	10.85 cents/kWh	11.04 cents/kWh	Virginia	6.59 cents/kWh	5.58cents/kWh
Washington	4.86 cents/kWh	5.66 cents/kWh	West Virginia	5.76 cents/kWh	6.14 cents/kWh
Wisconsin	7.28 cents/kWh	7.17 cents/kWh	Wyoming	6.82 cents/kWh	6.41 cents/kWh

Factors that Affect Electricity Rates by State

Where you live – There are geographical factors that play a role in the price of electricity. For example, due to its abundance of natural resources and flat landscape, Texas leads the nation in the net-generation of power.
Time of year – The fall and spring seasons bring mild weather which tends to reduce energy demand. During hot summers or cold winters, the demand for air-conditioning or heating can drive up energy costs
Time of day – On and off-peak hours play an important role in energy prices. On-peak hours refer to the time of day when electricity demand is at its highest. Off-peak hours are the time when the demand is at its lowest.
Regulations – One factor that can impact electricity rates by state are state regulations. The more regulations that are placed on energy suppliers, the higher the price will be. States such as Texas that follow free market principles generally have lower prices.