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

Electricity prices by state

What US homes pay for electricity, and their average monthly bill, from EIA.

Headlines

US average price
18.0¢ a kWh
Up 6.5% on a year ago
US average bill
$158 a month
Up 6.7% on a year ago
Highest price
Hawaii
44.3¢ a kWh
Lowest price
North Dakota
12.3¢ a kWh

Twelve-month figures, because bills rise and fall with the weather.

US electricity price

Average residential price a kilowatt-hour, by month, with the 12-month average.

Up to and including August 2026

Average monthly electricity bill

What an average home pays a month, with the 12-month average.

Up to and including August 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%

Price change at the largest utilities since 2019

Change in the average home price per kWh, past 12 months against 2019, for the 95 utilities serving 250,000 homes or more. The US average rose 39%, against 29% inflation.

12 months to August 2026

How the US compares 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%
Showing 15 of 29

Prices at the largest utilities

The 96 utilities serving 250,000 homes or more, of 300 tracked. Past 12 months.

San Diego Gas & Electric (SDG&E)CA, Investor-owned47.6¢+4.2%$183284,716
Hawaiian ElectricHI, Investor-owned44.8¢+9.7%$212277,379
Con EdisonNY, Investor-owned38.5¢+6.0%$1482,987,741
Pacific Gas and Electric (PG&E)CA, Investor-owned34.7¢-9.8%$1641,587,449
National Grid (Massachusetts Electric)MA, Investor-owned33.9¢+1.0%$168409,610
United IlluminatingCT, Investor-owned32.5¢-9.8%$174270,340
Central Hudson Gas & ElectricNY, Investor-owned30.7¢+15%$213253,605
Rhode Island EnergyRI, Investor-owned29.3¢No comparison$160463,936
Central Maine PowerME, Investor-owned29.2¢+9.5%$157556,199
LADWPCA, Municipal27.9¢+10.0%$1311,428,184
Atlantic City ElectricNJ, Investor-owned27.8¢+12%$178474,417
Long Island Power AuthorityNY, State27.7¢+7.1%$2101,036,952
Eversource (Connecticut Light & Power)CT, Investor-owned26.9¢-9.6%$1841,038,642
Eversource (Public Service of New Hampshire)NH, Investor-owned26.2¢+11%$162251,887
PSE&GNJ, Investor-owned25.9¢+8.2%$1491,975,037
Duquesne LightPA, Investor-owned25.4¢+10%$152448,182
New York State Electric & GasNY, Investor-owned24.9¢+16%$180771,460
Rochester Gas & ElectricNY, Investor-owned23.9¢+14%$161345,119
Northern Indiana Public ServiceIN, Investor-owned23.6¢+12%$153434,142
Potomac Electric PowerMD, Investor-owned23.4¢+9.6%$196561,604
National Grid (Niagara Mohawk)NY, Investor-owned23.2¢+24%$1501,481,492
Potomac Electric PowerDC, Investor-owned23.2¢+20%$137296,138
Baltimore Gas & ElectricMD, Investor-owned22.3¢+18%$1991,230,019
DTE ElectricMI, Investor-owned22.0¢+9.5%$1372,085,559
Consumers EnergyMI, Investor-owned21.7¢+8.0%$1391,666,844
We EnergiesWI, Investor-owned21.3¢+6.1%$1361,063,325
AEP OhioOH, Investor-owned20.5¢+9.6%$190594,401
FirstEnergy Pennsylvania ElectricPA, Investor-owned20.4¢+13%$1781,497,377
PPL Electric UtilitiesPA, Investor-owned20.0¢+13%$179914,835
Puget Sound EnergyWA, Investor-owned19.7¢+23%$1651,115,486
SMUDCA, Public power district19.6¢+5.3%$131608,565
PECOPA, Investor-owned19.5¢+12%$1481,252,402
ComEdIL, Investor-owned19.3¢+14%$1123,059,080
Jersey Central Power & LightNJ, Investor-owned19.3¢+10%$157943,986
Portland General ElectricOR, Investor-owned19.0¢+2.4%$138846,827
Delmarva PowerDE, Investor-owned19.0¢+6.3%$171281,296
Alliant Energy (Wisconsin Power and Light)WI, Investor-owned18.9¢+6.8%$132442,869
Alliant Energy (Interstate Power and Light)IA, Investor-owned18.4¢+3.0%$136419,914
Tampa ElectricFL, Investor-owned18.1¢+12%$201779,891
Alabama PowerAL, Investor-owned18.1¢+2.8%$2021,354,827
Wisconsin Public ServiceWI, Investor-owned17.6¢+4.2%$110419,996
Ameren IllinoisIL, Investor-owned17.4¢+5.5%$153634,558
Duke Energy OhioOH, Investor-owned17.4¢+6.3%$158272,906
Dominion Energy VirginiaVA, Investor-owned17.3¢+18%$1792,433,594
Xcel Energy (Northern States Power Minnesota)MN, Investor-owned17.2¢+1.8%$1071,256,017
Dominion Energy South CarolinaSC, Investor-owned17.2¢+5.5%$179721,123
Appalachian Power (AEP)WV, Investor-owned17.2¢+1.3%$195346,884
Duke Energy FloridaFL, Investor-owned17.1¢-2.4%$1731,849,632
Arizona Public ServiceAZ, Investor-owned17.1¢+0.9%$1711,313,477
Public Service Co of NMNM, Investor-owned17.0¢+6.2%$95501,037
El Paso ElectricTX, Investor-owned16.9¢+22%$123325,781
Xcel Energy (Public Service Company of Colorado)CO, Investor-owned16.8¢+8.0%$1001,388,731
Indiana Michigan Power (AEP)IN, Investor-owned16.8¢0.0%$139426,284
Potomac EdisonMD, Investor-owned16.6¢+12%$186260,040
Georgia PowerGA, Investor-owned16.4¢+1.8%$1632,502,926
Appalachian Power (AEP)VA, Investor-owned16.4¢-5.4%$175469,780
Duke Energy ProgressNC, Investor-owned16.4¢+7.3%$1721,414,566
Duke Energy IndianaIN, Investor-owned15.9¢+12%$154819,956
NorthWestern EnergyMT, Investor-owned15.9¢+13%$108337,936
PSO (AEP)OK, Investor-owned15.9¢+17%$164506,421
AES IndianaIN, Investor-owned15.4¢+7.3%$141472,208
Entergy MississippiMS, Investor-owned15.4¢+13%$184386,422
Evergy Kansas CentralKS, Investor-owned15.3¢+6.8%$132347,548
Evergy Kansas SouthKS, Investor-owned15.3¢+7.0%$136309,321
City of SeattleWA, Municipal15.0¢+3.0%$87478,430
Tucson Electric PowerAZ, Investor-owned14.9¢-0.4%$119417,921
PacifiCorpOR, Investor-owned14.8¢+0.6%$126557,373
Florida Power & LightFL, Investor-owned14.8¢+3.8%$1665,434,323
JEA (Jacksonville)FL, Municipal14.8¢+11%$155484,753
Cleco PowerLA, Investor-owned14.6¢+4.8%$179254,356
Monongahela PowerWV, Investor-owned14.5¢+1.2%$132333,665
Entergy TexasTX, Investor-owned14.4¢+4.9%$175482,148
Nashville Electric ServiceTN, Municipal14.2¢+1.3%$146434,829
Entergy ArkansasAR, Investor-owned14.1¢+7.6%$149615,191
Ameren MissouriMO, Investor-owned14.1¢+8.4%$1421,105,902
Duke Energy CarolinasSC, Investor-owned14.1¢+1.9%$149596,321
Salt River ProjectAZ, Public power district14.1¢+2.2%$1661,087,528
Duke Energy CarolinasNC, Investor-owned14.0¢+2.9%$1402,002,585
Omaha Public Power DistrictNE, Public power district13.9¢+7.2%$126376,340
City of MemphisTN, Municipal13.8¢+5.9%$157382,810
PacifiCorpUT, Investor-owned13.7¢+3.0%$104989,254
Sierra Pacific PowerNV, Investor-owned13.7¢-2.2%$92338,695
Evergy MetroMO, Investor-owned13.7¢+0.1%$113280,208
Louisville Gas & ElectricKY, Investor-owned13.3¢+7.7%$124390,978
Evergy MetroKS, Investor-owned13.3¢+0.3%$131250,629
Nevada PowerNV, Investor-owned13.3¢-1.1%$124947,119
Idaho PowerID, Investor-owned13.0¢+12%$114555,075
Jackson Electric EMCGA, Cooperative12.9¢+11%$155251,907
Kentucky UtilitiesKY, Investor-owned12.8¢+8.5%$147456,568
City of San AntonioTX, Municipal12.8¢+3.3%$133909,481
Middle Tennessee EMCTN, Cooperative12.6¢+1.2%$163320,375
Oklahoma Gas & ElectricOK, Investor-owned12.5¢-1.3%$133724,173
Evergy Missouri WestMO, Investor-owned12.4¢+2.5%$124311,738
PUD No 1 of Snohomish CountyWA, Public power district12.3¢+3.9%$114353,759
Entergy LouisianaLA, Investor-owned12.3¢+5.3%$150969,317
MidAmerican EnergyIA, Investor-owned11.6¢+3.7%$94646,536