Electricity Rates by State

electricity rates by state

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. 

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.