Thursday, April 11, 2024

INFLATION WATCH: Electricity Rates -- By State -- Residential --EAI -- January 2024 Data

Locator: 46976ELECTRICITY.

I'll explain the various columns later, but I assume most folks can figure it out without additional notes.

First observation: why is Pennsylvania's rate so high? About 76% higher than Nebraska's residential rate.

Source: link here

Electricity price: KWh -- residential -- by state -- ranked by rate, January, 2024 (4th column).

State

Change since October 2022

Change y/y January

January 2024

January 2023

December 2023

October 2023

October 2022

Change y/y/ October

HI

45.42%

-1.51%

44.28

44.96

41.60

39.76

30.45

36.62%

RI

87.51%

7.80%

31.22

28.96

30.88

18.64

16.65

85.47%

CA

52.09%

11.37%

29.49

26.48

29.11

19.90

19.39

50.13%

MA

52.69%

-10.96%

28.34

31.83

28.85

21.11

18.56

55.44%

CT

33.85%

-9.48%

27.40

30.27

26.86

21.62

20.47

31.22%

ME

60.11%

7.43%

25.89

24.10

28.04

16.16

16.17

73.41%

NH

29.90%

-21.01%

25.07

31.74

24.98

19.63

19.30

29.43%

NY

24.95%

-0.68%

23.44

23.60

22.52

18.30

18.76

20.04%

VT

16.43%

5.16%

20.98

19.95

21.09

18.50

18.02

17.04%

MI

15.64%

1.95%

18.34

17.99

18.55

16.07

15.86

16.96%

NJ

12.16%

5.85%

17.90

16.91

17.59

15.64

15.96

10.21%

MD

22.93%

9.46%

17.48

15.97

17.46

13.92

14.22

22.78%

PA

19.77%

-3.44%

17.39

18.01

17.53

14.38

14.52

20.73%

DC

25.60%

13.72%

16.83

14.80

17.75

13.21

13.40

32.46%

WI

9.37%

2.55%

16.46

16.05

16.48

14.28

15.05

9.50%

NV

40.72%

-2.56%

16.38

16.81

15.55

11.60

11.64

33.59%

OH

22.97%

8.80%

15.58

14.32

15.69

12.64

12.67

23.84%

DE

23.35%

8.91%

15.53

14.26

16.32

12.05

12.59

29.63%

IL

15.29%

-7.09%

14.93

16.07

14.98

12.56

12.95

15.68%

FL

23.04%

-0.94%

14.79

14.93

15.26

11.37

12.02

26.96%

AL

12.59%

0.28%

14.40

14.36

14.13

12.41

12.79

10.48%

CO

11.84%

0.42%

14.26

14.20

14.15

12.28

12.75

10.98%

TX

27.80%

0.42%

14.25

14.19

14.58

11.36

11.15

30.76%

AZ

11.54%

11.81%

14.11

12.62

14.41

13.16

12.65

13.91%

MN

0.57%

7.34%

14.04

13.08

13.94

14.09

13.96

-0.14%

OR

26.16%

14.95%

13.84

12.04

12.56

11.02

10.97

14.49%

NM

2.61%

1.70%

13.76

13.53

13.65

13.37

13.41

1.79%

IN

14.11%

-10.89%

13.75

15.43

14.58

12.02

12.05

21.00%

WV

16.68%

4.20%

13.64

13.09

13.37

11.57

11.69

14.37%

SC

3.60%

-3.22%

13.54

13.99

13.61

12.91

13.07

4.13%

VA

13.35%

-3.78%

13.50

14.03

13.61

12.40

11.91

14.27%

NC

18.07%

3.16%

13.07

12.67

13.22

11.24

11.07

19.42%

KS

-3.83%

0.54%

13.04

12.97

12.96

11.56

13.56

-4.42%

MS

11.58%

-3.49%

12.72

13.18

13.25

11.55

11.40

16.23%

GA

-1.52%

-4.12%

12.34

12.87

12.79

12.26

12.53

2.08%

KY

14.89%

-3.23%

12.27

12.68

12.21

10.56

10.68

14.33%

TN

10.25%

-0.50%

12.05

12.11

12.18

10.79

10.93

11.44%

MT

2.13%

11.65%

11.98

10.73

12.61

11.85

11.73

7.50%

IA

-14.87%

4.87%

11.85

11.30

11.88

13.81

13.92

-14.66%

AR

4.75%

-1.58%

11.24

11.42

11.61

9.99

10.73

8.20%

AR

-49.23%

-1.58%

11.24

11.42

11.61

22.54

22.14

-47.56%

SD

-11.06%

-0.62%

11.18

11.25

11.69

12.39

12.57

-7.00%

OK

5.98%

1.82%

11.16

10.96

10.99

10.72

10.53

4.37%

WA

11.46%

5.82%

11.09

10.48

11.00

9.79

9.95

10.55%

WY

-11.06%

5.64%

10.86

10.28

11.21

12.30

12.21

-8.19%

UT

-5.49%

1.88%

10.85

10.65

10.86

10.63

11.48

-5.40%

LA

6.18%

-9.38%

10.82

11.94

11.40

9.37

10.19

11.87%

MO

-18.34%

0.84%

10.82

10.73

11.20

13.23

13.25

-15.47%

ID

-5.52%

1.98%

10.79

10.58

11.60

10.58

11.42

1.58%

ND

-19.94%

-0.30%

9.88

9.91

10.23

12.07

12.34

-17.10%

NE

-18.33%

5.35%

9.85

9.35

10.58

11.31

12.06

-12.27%

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