The average residential electricity rate in the U.S. is 15.93 cents per kilowatt-hour (kWh)
(State electric prices last updated November 3, 2023)
The November Choose Energy® Rates Report shows you just how much energy costs can vary, using the latest electricity prices from the U.S. Energy Information Administration (EIA) in all 50 states. Information on recent rates and fluctuations may help you understand your electricity bill or decide to change your energy plan. Do you live in a deregulated area and want to sign up for a new energy plan? Enter your ZIP code above for available electricity rates in your area today.
Where you live affects your electricity rate
According to the latest data available from the EIA, the average residential U.S. electricity price in August 2023 was 15.93 cents per kilowatt-hour (kWh). The national average increased by 0.7% compared with the previous year.
In August, Louisiana paid the lowest average residential electricity rates in the country – 11.04 cents per kWh. Hawaii paid the highest electricity rate at 39.17 cents per kWh.