NewInsight: Investor-owned utilities charge 23% more for power

US Energy Price Monitor

Weekly US fuel prices and monthly electricity prices, from EIA and BLS.

Headlines

Regular gas
$4.15
Up 38% on a year ago
Diesel
$6.29
Up 68% on a year ago
Home electricity
18.0¢ a kWh
Up 6.5% on a year ago
Energy inflation
+20%
Year to September 2026

Prices are not adjusted for inflation. Consumer prices overall rose +3.7% in the year to September 2026.

Change in energy prices since 2019

Percent change in average US prices since August 2019, from BLS.

Up to and including September 2026

  • GasolineUp 69%
    $4.48 a gallon, from $2.65
  • DieselUp 109%
    $6.33 a gallon, from $3.03
  • ElectricityUp 41%
    19.6¢ per kWh, from 13.9¢
  • Natural gasUp 64%
    $1.70 per therm, from $1.03
  • Heating oilUp 106%
    $5.92 a gallon, from $2.87

Gas and diesel prices

US average price a gallon, including taxes. Updated weekly.

Up to and including the week of 2 Nov 2026

Electricity prices by state

Average price for homes over the last 12 months, in cents a kilowatt-hour.

12 months to August 2026

Change in the 12-month average price since 2019, to August 2026. The US average rose 39%, all prices 29%. 31 of 51 rose faster than inflation.

Dec 2019August 2026
  1. District of Columbia+89%
  2. California+69%
  3. Maine+66%
  4. Maryland+62%
  5. New York+59%
  6. Pennsylvania+51%
  7. New Jersey+50%
  8. Ohio+49%
  9. Washington+46%
  10. Illinois+45%
  11. Delaware+43%
  12. Oregon+41%
  13. Massachusetts+39%
  14. Arkansas+39%
  15. Hawaii+38%
  16. West Virginia+38%
  17. Virginia+38%
  18. Colorado+37%
  19. Texas+36%
  20. Rhode Island+36%
  21. Oklahoma+35%
  22. Michigan+35%
  23. Vermont+35%
  24. Indiana+34%
  25. New Hampshire+34%
  26. Louisiana+33%
  27. Wisconsin+33%
  28. Mississippi+32%
  29. Florida+32%
  30. Alabama+31%
  31. North Carolina+30%
  32. Idaho+29%
  33. Kentucky+29%
  34. Georgia+29%
  35. Utah+28%
  36. Missouri+25%
  37. Wyoming+25%
  38. Connecticut+25%
  39. Montana+25%
  40. Tennessee+25%
  41. Minnesota+25%
  42. Arizona+24%
  43. South Dakota+24%
  44. New Mexico+22%
  45. South Carolina+21%
  46. North Dakota+20%
  47. Kansas+19%
  48. Nebraska+18%
  49. Alaska+18%
  50. Iowa+14%
  51. Nevada+12%

US energy prices compared with Europe

Change in the price of home electricity since 2019 in the EU and its members, against the US over the same period.

First half of 2026

  1. Poland+121%
  2. Romania+104%
  3. Lithuania+72%
  4. Czechia+64%
  5. Austria+59%
  6. Ireland+56%
  7. Finland+53%
  8. Estonia+53%
  9. Greece+53%
  10. Sweden+50%
  11. Latvia+48%
  12. Croatia+37%
  13. Bulgaria+37%
  14. Italy+35%
  15. France+35%
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