by Electricity (kWh) Prices by State – 2024
| STATE | Jul 2024 | Jul 2023 | MOVEMENT | CHANGE (%) |
|---|---|---|---|---|
| Alabama | 12.41¢ / kWh | 12.79¢ / kWh | DOWN | -2.971 % |
| Alaska | 22.54¢ / kWh | 22.14¢ / kWh | UP | 1.806 % |
| Arizona | 13.16¢ / kWh | 12.65¢ / kWh | UP | 4.031 % |
| Arkansas | 9.99¢ / kWh | 10.73¢ / kWh | DOWN | -6.896 % |
| California | 19.90¢ / kWh | 19.39¢ / kWh | UP | 2.630 % |
| Colorado | 12.28¢ / kWh | 12.75¢ / kWh | DOWN | -3.686 % |
| Connecticut | 21.62¢ / kWh | 20.47¢ / kWh | UP | 5.617 % |
| DC | 13.21¢ / kWh | 13.40¢ / kWh | DOWN | -1.417 % |
| Delaware | 12.05¢ / kWh | 12.59¢ / kWh | DOWN | -4.289 % |
| Florida | 11.37¢ / kWh | 12.02¢ / kWh | DOWN | -5.407 % |
| Georgia | 12.26¢ / kWh | 12.53¢ / kWh | DOWN | -2.154 % |
| Hawaii | 32.76¢ / kWh | 30.45¢ / kWh | UP | 7.586 % |
| Idaho | 10.58¢ / kWh | 11.42¢ / kWh | DOWN | -7.355 % |
| Illinois | 12.56¢ / kWh | 12.95¢ / kWh | DOWN | -3.011 % |
| Indiana | 12.02¢ / kWh | 12.05¢ / kWh | DOWN | -0.248 % |
| Iowa | 13.81¢ / kWh | 13.92¢ / kWh | DOWN | -0.790 % |
| Kansas | 11.56¢ / kWh | 13.56¢ / kWh | DOWN | -14.74 % |
| Kentucky | 10.56¢ / kWh | 10.68¢ / kWh | DOWN | -1.123 % |
| Louisiana | 9.37¢ / kWh | 10.19¢ / kWh | DOWN | -8.047 % |
| Maine | 16.16¢ / kWh | 16.17¢ / kWh | DOWN | -0.061 % |
| Maryland | 13.92¢ / kWh | 14.22¢ / kWh | DOWN | -2.109 % |
| Massachusetts | 21.11¢ / kWh | 18.56¢ / kWh | UP | 13.73 % |
| Michigan | 16.07¢ / kWh | 15.86¢ / kWh | UP | 1.324 % |
| Minnesota | 14.09¢ / kWh | 13.96¢ / kWh | UP | 0.931 % |
| Mississippi | 11.55¢ / kWh | 11.40¢ / kWh | UP | 1.315 % |
| Missouri | 13.23¢ / kWh | 13.25¢ / kWh | DOWN | -0.150 % |
| Montana | 11.85¢ / kWh | 11.73¢ / kWh | UP | 1.023 % |
| Nebraska | 11.31¢ / kWh | 12.06¢ / kWh | DOWN | -6.218 % |
| Nevada | 11.67¢ / kWh | 11.64¢ / kWh | UP | 0.257 % |
| New Hampshire | 19.63¢ / kWh | 19.30¢ / kWh | UP | 1.709 % |
| New Jersey | 15.64¢ / kWh | 15.96¢ / kWh | DOWN | -2.005 % |
| New Mexico | 13.37¢ / kWh | 13.41¢ / kWh | DOWN | -0.298 % |
| New York | 19.30¢ / kWh | 18.76¢ / kWh | UP | 2.878 % |
| North Carolina | 11.24¢ / kWh | 11.07¢ / kWh | UP | 1.535 % |
| North Dakota | 12.07¢ / kWh | 12.34¢ / kWh | DOWN | -2.188 % |
| Ohio | 12.64¢ / kWh | 12.67¢ / kWh | DOWN | -0.236 % |
| Oklahoma | 10.72¢ / kWh | 10.53¢ / kWh | UP | 1.804 % |
| Oregon | 11.02¢ / kWh | 10.97¢ / kWh | UP | 0.455 % |
| Pennsylvania | 14.38¢ / kWh | 14.52¢ / kWh | DOWN | -0.964 % |
| Rhode Island | 18.64¢ / kWh | 16.65¢ / kWh | UP | 11.95 % |
| South Carolina | 12.91¢ / kWh | 13.07¢ / kWh | DOWN | -1.224 % |
| South Dakota | 12.39¢ / kWh | 12.57¢ / kWh | DOWN | -1.431 % |
| Tennessee | 10.79¢ / kWh | 10.93¢ / kWh | DOWN | -1.280 % |
| Texas | 11.36¢ / kWh | 11.15¢ / kWh | UP | 1.883 % |
| Utah | 10.63¢ / kWh | 11.48¢ / kWh | DOWN | -7.404 % |
| Vermont | 18.50¢ / kWh | 18.02¢ / kWh | UP | 2.663 % |
| Virginia | 12.40¢ / kWh | 11.91¢ / kWh | UP | 4.114 % |
| Washington | 9.79¢ / kWh | 9.95¢ / kWh | DOWN | -1.608 % |
| West Virginia | 11.57¢ / kWh | 11.69¢ / kWh | DOWN | -1.026 % |
| Wisconsin | 14.28¢ / kWh | 15.05¢ / kWh | DOWN | -5.116 % |
| Wyoming | 12.30¢ / kWh | 12.21¢ / kWh | UP | 0.737 % |
What determines your electric rate?
There are numerous factors that determine the price you pay (kWh) for electricity.
- Residential or Commercial: Providers typically have a different set of rates for different “customer classes” — residential, commercial, and industrial customers.
- Usage: The amount of electricity you use each month (called kilowatt-hours or kWh) is a major factor in determining your electric bill. The more energy you use, the more you’ll pay
- “Time of use” rates — not as well known, the price you pay can sometimes vary depending on the time of day. “Peak rates” are typically charged during the hours when demand is highest (like a blizzard, or heat wave). Off-peak rates are typically charged during the hours when demand is lower, such as at night or during milder temperatures
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.
