November update: Where residential electricity bills are increasing the most

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By Arthur Murray November 20th, 2020
For business

What do those numbers mean for electricity bills?

Low rates don’t always correspond to low electricity bills. That’s because usage makes a difference in bills, too. Want proof? Louisiana residents paid the lowest rate in the October report – 9.41 cents/kWh, but their bills were the 24th highest in the U.S. – $116.92. That’s because their usage is the nation’s highest.

So which state had the highest increase in bills for the rates shown in the November report? Again, it’s Rhode Island, where average bills increased by $15.06 from the previous month.

Following are the states where average bills increased by the largest amount.

Residential electricity rates fell in 18 states

While the national average increased slightly in the November report, 18 states recorded declines in their rates. Rates in Arizona fell 2.6 percent from the previous month to 12.37 cents/kWh.

Following are the states where rates decreased by the largest percentage:

Bills also didn’t increase in every state. The largest monthly decrease came in Idaho, where residents on average pocketed an extra $4.20.  More common were the savings in Texas, where residents on average spent 89 cents less.

Following are the states where average bills decreased by the largest amount.

Arthur Murray directs content strategy for ChooseEnergy.com, taking advantage of more than 20 years of newspaper and magazine experience. His articles have appeared on Zillow.com, Business.com, Nasdaq.com, and USNews.com, among others. You may reach him at amurray@chooseenergy.com.