2023 Electric Prices Factsheet

Published

April 15, 2024

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Each year, the Chamber compiles data on electricity prices across the nation to illustrate the varying rates of electricity. Typically, the Northeast and West Coast are at the high end of the pricing spectrum while the middle of the country enjoys lower rates.

The 2023 version of our electricity price map again utilizes the streamlined “heat-map” theme we unveiled in recent years. This shading format readily identifies the states with lower electricity prices while highlighting those where residents are paying more to power their homes and run their businesses. Our printable state price page groups all fifty states and the District of Columbia according to their respective price ranges. The states with competitive (i.e. lower) retail electricity prices are grouped toward the left, while the states where individuals and businesses are more likely struggling to pay their power bills appear toward the right.

Learn More:

Chamber Analysis Shows Continued Rise in U.S. Electricity Prices

2023 Average U.S. Electricity Prices*

The national average is 12.72 cents per kilowatt hour


Under 10.00
10.00-10.99
11.00-11.99
12.00-14.99
15.00+

Connecticut

  • 24.21
    Connecticut's average price per kilowatt hour
  • Residential: 29.86
  • Commercial: 19.98
  • Industrial: 15.59
  • Transportation: 19.31

Maine

  • 20.95
    Maine's average price per kilowatt hour
  • Residential: 27.46
  • Commercial: 17.92
  • Industrial: 12.43
  • Transportation: --

Massachusetts

  • 22.97
    Massachusetts's average price per kilowatt hour
  • Residential: 29.4
  • Commercial: 19.28
  • Industrial: 17.77
  • Transportation: 7.15

New Hampshire

  • 22.98
    New Hampshire's average price per kilowatt hour
  • Residential: 28.31
  • Commercial: 20.32
  • Industrial: 15.81
  • Transportation: --

Rhode Island

  • 21.97
    Rhode Island's average price per kilowatt hour
  • Residential: 27.98
  • Commercial: 17.52
  • Industrial: 19.08
  • Transportation: 17.29

Vermont

  • 17.52
    Vermont's average price per kilowatt hour
  • Residential: 20.81
  • Commercial: 17.94
  • Industrial: 11.34
  • Transportation: --

New Jersey

  • 15.41
    New Jersey's average price per kilowatt hour
  • Residential: 17.73
  • Commercial: 14.15
  • Industrial: 12.02
  • Transportation: 13.05

New York

  • 18.32
    New York's average price per kilowatt hour
  • Residential: 22.25
  • Commercial: 18.06
  • Industrial: 6.89
  • Transportation: 15.7

Pennsylvania

  • 12.54
    Pennsylvania's average price per kilowatt hour
  • Residential: 18.1
  • Commercial: 11.25
  • Industrial: 7.67
  • Transportation: 10.2

Illinois

  • 11.91
    Illinois's average price per kilowatt hour
  • Residential: 15.82
  • Commercial: 11.4
  • Industrial: 8.37
  • Transportation: 7.04

Indiana

  • 11.5
    Indiana's average price per kilowatt hour
  • Residential: 14.94
  • Commercial: 12.54
  • Industrial: 8.24
  • Transportation: 12.79

Michigan

  • 13.66
    Michigan's average price per kilowatt hour
  • Residential: 18.7
  • Commercial: 13.34
  • Industrial: 8.24
  • Transportation: 13.67

Ohio

  • 11.12
    Ohio's average price per kilowatt hour
  • Residential: 15.46
  • Commercial: 10.76
  • Industrial: 7.18
  • Transportation: 4.57

Wisconsin

  • 12.63
    Wisconsin's average price per kilowatt hour
  • Residential: 16.77
  • Commercial: 12.69
  • Industrial: 8.6
  • Transportation: 17.21

Iowa

  • 9.43
    Iowa's average price per kilowatt hour
  • Residential: 13.21
  • Commercial: 10.42
  • Industrial: 6.94
  • Transportation: --

Kansas

  • 11.12
    Kansas's average price per kilowatt hour
  • Residential: 13.62
  • Commercial: 11.11
  • Industrial: 8.06
  • Transportation: --

Minnesota

  • 12.17
    Minnesota's average price per kilowatt hour
  • Residential: 14.57
  • Commercial: 12.38
  • Industrial: 9.19
  • Transportation: 12.35

Missouri

  • 11.01
    Missouri's average price per kilowatt hour
  • Residential: 12.77
  • Commercial: 10.2
  • Industrial: 7.97
  • Transportation: 9.83

Nebraska

  • 9.19
    Nebraska's average price per kilowatt hour
  • Residential: 11.29
  • Commercial: 9.2
  • Industrial: 7.49
  • Transportation: --

North Dakota

  • 7.92
    North Dakota's average price per kilowatt hour
  • Residential: 10.97
  • Commercial: 7.66
  • Industrial: 6.98
  • Transportation: --

South Dakota

  • 10.42
    South Dakota's average price per kilowatt hour
  • Residential: 12.25
  • Commercial: 10.04
  • Industrial: 8.01
  • Transportation: --

Delaware

  • 12.96
    Delaware's average price per kilowatt hour
  • Residential: 15.75
  • Commercial: 11.92
  • Industrial: 8.12
  • Transportation: --

District of Columbia

  • 16.53
    District of Columbia's average price per kilowatt hour
  • Residential: 16.35
  • Commercial: 17.01
  • Industrial: 10.88
  • Transportation: 9.94

Florida

  • 13.51
    Florida's average price per kilowatt hour
  • Residential: 15.24
  • Commercial: 11.83
  • Industrial: 9.53
  • Transportation: 11.32

Georgia

  • 11.36
    Georgia's average price per kilowatt hour
  • Residential: 13.73
  • Commercial: 11.4
  • Industrial: 6.99
  • Transportation: 7.29

Maryland

  • 14.37
    Maryland's average price per kilowatt hour
  • Residential: 16.59
  • Commercial: 12.82
  • Industrial: 9.93
  • Transportation: 11.23

North Carolina

  • 10.86
    North Carolina's average price per kilowatt hour
  • Residential: 13.24
  • Commercial: 9.86
  • Industrial: 7.34
  • Transportation: 8.87

South Carolina

  • 10.76
    South Carolina's average price per kilowatt hour
  • Residential: 14.1
  • Commercial: 10.59
  • Industrial: 6.8
  • Transportation: --

Virginia

  • 10.92
    Virginia's average price per kilowatt hour
  • Residential: 14.34
  • Commercial: 9.23
  • Industrial: 8.83
  • Transportation: 10.42

West Virginia

  • 10.27
    West Virginia's average price per kilowatt hour
  • Residential: 14.07
  • Commercial: 11.05
  • Industrial: 7.24
  • Transportation: --

Alabama

  • 11.5
    Alabama's average price per kilowatt hour
  • Residential: 14.58
  • Commercial: 13.18
  • Industrial: 7.13
  • Transportation: --

Kentucky

  • 10.05
    Kentucky's average price per kilowatt hour
  • Residential: 12.49
  • Commercial: 11.49
  • Industrial: 6.66
  • Transportation: --

Mississippi

  • 11.1
    Mississippi's average price per kilowatt hour
  • Residential: 13.42
  • Commercial: 12.36
  • Industrial: 7.11
  • Transportation: --

Tennessee

  • 10.79
    Tennessee's average price per kilowatt hour
  • Residential: 12.27
  • Commercial: 11.82
  • Industrial: 6.37
  • Transportation: --

Arkansas

  • 9.74
    Arkansas's average price per kilowatt hour
  • Residential: 12.23
  • Commercial: 10.34
  • Industrial: 6.87
  • Transportation: 14.86

Louisiana

  • 8.88
    Louisiana's average price per kilowatt hour
  • Residential: 11.53
  • Commercial: 10.3
  • Industrial: 5.9
  • Transportation: 11

Oklahoma

  • 9.4
    Oklahoma's average price per kilowatt hour
  • Residential: 12.28
  • Commercial: 9.39
  • Industrial: 6.34
  • Transportation: --

Texas

  • 9.99
    Texas's average price per kilowatt hour
  • Residential: 14.32
  • Commercial: 8.96
  • Industrial: 6.63
  • Transportation: 7.57

Arizona

  • 12.14
    Arizona's average price per kilowatt hour
  • Residential: 14.01
  • Commercial: 11.74
  • Industrial: 7.93
  • Transportation: 10.01

Colorado

  • 11.77
    Colorado's average price per kilowatt hour
  • Residential: 14.32
  • Commercial: 11.67
  • Industrial: 8.56
  • Transportation: 9.92

Idaho

  • 9.12
    Idaho's average price per kilowatt hour
  • Residential: 11.12
  • Commercial: 8.82
  • Industrial: 7.19
  • Transportation: --

Montana

  • 10.91
    Montana's average price per kilowatt hour
  • Residential: 12.43
  • Commercial: 12.03
  • Industrial: 7.86
  • Transportation: --

Nevada

  • 13.01
    Nevada's average price per kilowatt hour
  • Residential: 16.67
  • Commercial: 11.79
  • Industrial: 10.25
  • Transportation: 12.75

New Mexico

  • 9.67
    New Mexico's average price per kilowatt hour
  • Residential: 14.16
  • Commercial: 10.98
  • Industrial: 5.91
  • Transportation: --

Utah

  • 9.03
    Utah's average price per kilowatt hour
  • Residential: 11.2
  • Commercial: 8.52
  • Industrial: 6.99
  • Transportation: 12.29

Wyoming

  • 8.34
    Wyoming's average price per kilowatt hour
  • Residential: 11.45
  • Commercial: 9.79
  • Industrial: 6.91
  • Transportation: --

California

  • 24.73
    California's average price per kilowatt hour
  • Residential: 28.92
  • Commercial: 23.91
  • Industrial: 18.85
  • Transportation: 13

Oregon

  • 10.23
    Oregon's average price per kilowatt hour
  • Residential: 12.68
  • Commercial: 10.29
  • Industrial: 7.1
  • Transportation: 11.41

Washington

  • 9.61
    Washington's average price per kilowatt hour
  • Residential: 10.98
  • Commercial: 10.08
  • Industrial: 6.35
  • Transportation: 10.35

Alaska

  • 21.39
    Alaska's average price per kilowatt hour
  • Residential: 23.89
  • Commercial: 20.81
  • Industrial: 18.74
  • Transportation: --

Hawaii

  • 38.7
    Hawaii's average price per kilowatt hour
  • Residential: 42.36
  • Commercial: 39.38
  • Industrial: 35.27
  • Transportation: --

*Prices in cents per kWh.

Source: U.S. energy Information Administration; Electric Power Monthly; February 2024

Explore the electricity retail price maps from previous years: 201320142015201620172018201920202021, and 2022

2023 Electric Prices Factsheet

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