Electricity Rates By State -- Just Posted -- July 24, 2026

Locator: 51242ELECTRICITY.

By state. 

Link here. 

All sectors: only two states with an 8-handle: New Mexico, 8.07 cents; and North Dakota, 8.67 cents. 

Residential: only four states with a 13-handle, despite record-setting a/c use / hot summer -- Missouri, Nebraska, Oklahoma, and North Dakota. BUT, Utah and Idaho with a 12-handle. 

Industrial: California with a 20-handle vs so many states with a 6-handle. NY state is below 10 cents. Amazing.  

Electricity Rates By State -- EIA -- Posted -- April, 2026, Data -- July 2, 2026

Locator: 51094ELECTRICITY. 

 
Note: in a long note like this with a lot of numbers to review / post there are likely to be some errors. 

Link here. 

Residential: 

• North Dakota comes in lowest at 12.35 cents / kWh
• only two states with a "12-handle" -- the other one was Idaho

Commercial:

• North Dakota the lowest at 7.05
• Oklahoma at 7.77
• the only two states with a "7-handle"
• overall, states generally fell in one of two ranges:
• those with 15 cents / kWh
• those with 26 cents / kWh 

Industrial:

• Iowa, lowest, at 6.26 cents / kWh
• North Dakota at 8.21 cents / kWh along with a number of states with an "8-handle

All sectors:

• North Dakota lowest at 8.42 cents / kWh
• Iowa third at 8.76 cents / kWh 
• Oklahoma at second at 8.59 kWh
• only three states with a "8-handle" 

Electricity Rates By State -- October, 2025, Data -- Posted December 29, 2025

Locator: 49762ELECTRICITY.  

In a long note like this, there will be content and typographical errors.  

Average price of electricity by state, October, 2025, data.

There are five "sectors": residential, commercial, industrial, transportation, and all sources. I generally ignore the fourth column (transportation). 

For the larger energy-using states, the most important sector is the last column, "all sectors." 

For tech-heavy states, most important is the third column, industrial.

For individual Americans, I suppose, the most important column is the first column, residential.

So, let's break it down, least expensive three in each sector:

• residential:
• Louisiana: 12.39
• Idaho: 12.46
• North Dakota: 12.82
• by the way, these are the only states below 13 cents / kWh.

• commercial: 
• North Dakota: 6.96
• Texas; 8:30
• Nebraka: 8.82
• by the way, these are the only states below 9 cents / kWh; and only North Dakota is below 7 cents / kWh.

• industrial (all states below 7 cents / kWh):  
• New Mexico -- winner, winner, chicken dinner -- 5.53 (up from $5.31 last year)
• Louisiana: 5.80 (up from 5.45 last year)
• Oklahoma: 6.23 (about the same from last year, 6.27)
• Iowa: 6.26 (down from 6.36 last year)
• Idaho: 6.46 (up from 6.13 last year)
• Arkansas: 6.48 (down from 6.74 last year)
• Tennessee: 6.50 (up from 6.17 last year)
• Georgia: 6.64 (up from 6.39 last year)
• Texas: 6.66 (way up from 5.86 last year)
• Nevada: 6.81 (way down from 7.55 last year)
• Montana: 6.97 (down from 7.23 last year)
• South Carolina: 6.98 (down from 7.08 last year)

• Interestingly, North Dakota is not on that list -- 7.54 (up from 7.26 last year).

• Now, taking all those sectors together, the "average":
• North Dakota: 8.04
• New Mexico: 8.81
• Iowa: 8.89
• these are the only states below 9 cents / kWh.

Comments: 

• in a state with incredibly "stable" / predictable weather, renewable energy "works": Iowa
• renewable energy does not work in Texas based on the way the state regulates the industry 
• I tend to ignore New Mexico
• Texas has relatively inexpensive electricity rates, but the industrial rate in Texas increased by 14% y/y

The state not listed above that interests me most: California:

• residential: 33.60 cents US, 17.98 
• throw out the outliers and the US average would be lower than 17.98; 
• California: twice the US average
• commercial: 26.96; again, California is twice the US average
• industrial: California's rate is a whopping 23 cents vs US average of 9  -- is that like almost 3x the national average?
• all sectors: California, 28 cents vs 14 cents; again, exactly twice the national average; but get this, California at 28 cents is almost in the same ballpark as Hawaii at 35 cents. throw out New England (a real energy mess) and throw out the outliers, Hawaii and Alaska, and California compared to the rest of the nation is insane. 

At this point, it would be very, very interesting to compare:

• renting vs home ownership, percentage comparison, New York, Texas, California);
• average total cost of electricity for a homeowner vs renters;
• burden of electricity costs for renters vs homeowners;
• other similar data.

I have done that; it's difficult to ask the right question for AI to understand what one is asking.

This was most interesting: 

But again, AI is considering a lot more than just natural gas / electricity in "utilities." AI also includes phone, internet, water, sewer, etc. At the end of the day, I can't make any sense of the numbers. 

A swimming pool in Dallas: annual costs are $1,500 to $6,000 / year. Professional pool maintenance in Dallas, TX: about $150 to $300 / month. 

It's Cold out There -- And Expensive -- PJM -- December 16, 2025

Locator: 49720PJM.

PJM wiki. 

Link here. 

 

PJM -- Auction -- December 16, 2025

Locator: 49716PJM.

Link here. 

**************************
Three Unwise Men

US Record Electricity Demand To Hit Record -- August 21, 2025

Locator: 48918ELECTRICITY.

Link here.

Up until a few years ago, it was estimated that electricity demand in the US would flat-line or increase about a percent / year from now until 2030. It is not being predicted that electricity demand will increase by 25% between now and 2030. 

Here is the data from just a few years ago (2022), link here.

Electricity consumption in the United States was about 4 trillion kilowatthours (kWh) in 2022 Electricity is an essential part of modern life and important to the U.S. economy.

Total U.S. electricity consumption in 2022 was about 4.07 trillion kWh, the highest amount recorded and 14 times greater than electricity use in 1950.

Total annual U.S. electricity consumption increased in all but 11 years between 1950 and 2022, and 8 of the years with year-over-year decreases occurred after 2007.

Total electricity end-use consumption includes retail sales of electricity to consumers and direct use electricity. Direct use electricity is used by the same industrial or commercial sector facility where it is produced. The industrial sector accounts for most direct use electricity.

Total direct use of electricity by the industrial and commercial sectors was about 3.5% of total electricity end-use consumption in 2022.

Total U.S. electricity end-use consumption in 2022 was about 3.2% higher than in 2021.1 In 2022, retail electricity sales to the residential sector were about 2.6% higher than in 2021, and retail electricity sales to the commercial sector were about 4.7% higher than in 2021.

Electricity retail sales to the industrial sector in 2022 were about 2.0% higher than in 2021 but were about 4.1% lower than in 2000, the year of highest U.S. retail sales to the industrial sector. The industrial sector's percentage share of total U.S. electricity retail sales was about 31.1% in 2000 and 26.0% in 2022.

American Exceptionalism -- December 20, 2024

Locator: 44491LDC.  

The grid, from oilprice:

From last week:

Data center growth: link here. American exceptionalism:

Now this from Reuters today:

Investors might want to listen to the interview with the governor of Virginia from earlier this week on CNBC. The governor by the way is a Republican in a blue state and will run circles around VP-elect JD Vance in 2028 if that is God's will (inshallah).

Four Reuters Headlines For Investors -- December 20, 2024

Locator: 44490LNG. 

Tag: Nvidia NVDA LDC batteries EVs electricity Northvolt Run:ai 

Big Story Today -- Electricity Demand Surging -- California -- Friday, August 16, 2024

Locator: 48431ELECTRICITY.

Electricity demand surging: great interactive article in The WSJ today. Link here. 

Which immediately takes us to California: link here.

Re-posting:

Electric rates tracked here by the EIA. 

Residential electric rates, cents per kWh, May, 2024, for selected states:

• Massachusetts: 28.70
• New York: 23.60
• Ohio: 16.65
• Minnesota: 15.69
• North Dakota: 13.04
• Florida: 13.63
• Tennessee: 12.46
• Texas: 14.74
• Montana: 13.26
• California: 34.31 (no typo) -- it was 29.80 a year ago -- a 15% increase in price y/y!
  
• Washington State: 12.16 (think hydroelectricity)
• Alaska: 25.02
• Hawaii: 44.14 (and a question whether Hawaiian Electric might go bankrupt)
  

But, cost of electricity is like the US postage stamp: for residential demand, it's not the cost/kWh, it's the amount of electricity actually used per household/month. For US postage stamps, it's not the cost per stamp, it's the overall cost of mailing for non-commercial users. See household demand by state at this link. Average monthly use by household:

• California: 542 kwh 
• almost half that of high use states
  
• (only Hawaii is lower at 531)
  
• Florida: 1,096
• Louisiana: 1,192 (highest)
  
• Minnesota: 776
• North Dakota: 1,041
• Texas: 1,094
  

Coincidentally, this was posted yesterday:

Which takes me to SRE. Ticker:

And pays 3%. And increases dividend regularly. 

ERCOT: link here. Holding, but will be challenging through the rest of the month of August.

Electricity -- April 19, 2024

Locator: 47048GRID.

Link here. 

I haven't read this article yet. Let's see if Barron's has it right. LOL. More weekend reading.

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%