Electricity Rates By State - EnergyBot (2024)

FAQs

What state has highest electric bills? ›

The Average Electricity Rate in the U.S. is 16.11 cents per kilowatt-hour. Hawaii has the highest average electricity rate of 43.18 cents per kilowatt-hour.

Nationally, electricity costs 25.6 percent more than it does in Nebraska. Across all sectors, Hawaii has the highest electricity rate (30.31 cents), and Idaho has the lowest electricity rate (8.17 cents).

MANCHESTER, N.H. —

Eversource said Thursday that, if approved by the New Hampshire Public Utilities Commissions, its new rate for residential customers would drop from 20.2 cents per kWh to about 12.6 cents per kWh, a drop of 37.6%.

Electric rates in New Hampshire

The average residential electricity rate in New Hampshire is 31 ¢/kWh, which is 77% higher than the national average rate of 17 ¢/kWh.

In fact, the top five energy-producing states overall (Texas, Wyoming, Pennsylvania, Louisiana and West Virginia) are also the top five fossil energy-producing states. The combined fossil energy produced by these five states combined accounts for more than 42 percent of the total energy produced in the U.S. each year.

California's size and diverse topography play a significant role in driving up electricity rates. The state's vast expanse necessitates an extensive infrastructure that includes generation, maintenance, distribution, wildfire mitigation, and public programs like the California Alternate Energy Rates for Energy (CARE).

Higher natural gas prices are a main reason for higher electric bills, and Texas is more dependent on the fuel. Natural gas provided 44% of the state's power last year compared with 37% nationally, Thompson said, and higher fuel prices can be passed along more quickly in Texas' deregulated market.

Vermont was the lowest energy-consuming state in 2015 at about 132 trillion Btu; it was the only state with a lower consumption level than the District of Columbia's 179 trillion Btu. Historically, Vermont has used less energy than any other state since 1961.

Effective with bills rendered on or after February 1, 2023, the Co-op Power rate will decrease from 16.98 cents per kWh to 13.78 cents per kWh.

Why is NH electricity so expensive? ›

The short answer–High demand, low supply, and reliance on an unstable energy market. Like any other supply and demand market, the price of electricity per kWh (kilowatt hour) ebbs and flows.

Of all the electric suppliers that provide 100%-renewable energy plans in New Hampshire, Direct Energy has the lowest rates. Although the average price per kWh in NH is around 22.97 cents, Direct Energy's Go Green Lights 24 plan maintains a per-kWh price of just 16.39 cents.

New Hampshire Energy Market Overview

The average residential electricity rate in NH is $0.2329 per kilowatt hour, which is among the highest in the country.

The Co-op Power rate and Regional Access Charge are both increasing by 1%, effective May 1. 2021. The Co-op Power rate reflects the cost NHEC pays to purchase electricity from the New England power market on behalf of its members.

Hawaii, Connecticut and Alabama had the highest average monthly utility costs across different states in the United States in 2022. Residents paid about 163 U.S. dollars on their electricity bills in Hawaii, while the average monthly bill for natural gas came to 237 U.S. dollars.

The EIA aggregates data for the entire U.S. In 2021, the average annual electricity consumption for a U.S. home was 10,632 kilowatt-hours (kWh). Or about 886 kWh per month. But the range of electricity usage varies dramatically. Louisiana had the highest annual electricity consumption at 14,302 kWh per home.

Higher natural gas prices are a main reason for higher electric bills, and Texas is more dependent on the fuel. Natural gas provided 44% of the state's power last year compared with 37% nationally, Thompson said, and higher fuel prices can be passed along more quickly in Texas' deregulated market.

The state's vast expanse necessitates an extensive infrastructure that includes generation, maintenance, distribution, wildfire mitigation, and public programs like the California Alternate Energy Rates for Energy (CARE). These costs alone account for as much as 77% of residents' electricity bills.