Electricity rates in states

How much you pay and what it is based on?

Several factors influence the price you pay per kilowatt-hour (kWh) for electricity:

• 1. Customer Class: Electricity providers often establish different rates based on customer classifications, which include residential, commercial, and industrial segments.
  2. Energy Consumption: Your monthly electricity usage, measured in kilowatt-hours (kWh), significantly impacts your bill. Higher energy consumption directly correlates with increased costs.
  3. Time-of-Use Rates: Although not widely recognized, electricity prices can fluctuate based on the time of day. During peak demand hours—such as during extreme weather events—higher rates may apply. Conversely, off-peak rates are generally lower and apply during periods of reduced demand, such as overnight or during milder weather.

Electricity (kWh) Prices by State – Updated yearly