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Electricity price history since 2001

The US residential average was 8.58¢ per kWh2 in 2001 and 17.23¢ per kWh in 2025, an increase of 100.8%1 in nominal dollars. Most of that rise came in the 2000s and in the years since 2020.

Residential electricity price, United States, 2001–2025
Residential electricity price, United States, 2001–20250¢5¢10¢15¢200120062011201620212025

Source: EIA, Historical state data, annual sales, revenue and customers; EIA, Historical state data, monthly sales and revenue 1990-2009. Average revenue per kWh (all charges, nominal dollars), each calendar year: 2010 onward EIA-861 final annual data, 2001–2009 the sum of the monthly survey.

Show the numbers
PeriodUnited States (¢/kWh)
20018.58¢
20028.44¢
20038.72¢
20048.95¢
20059.45¢
200610.40¢
200710.65¢
200811.26¢
200911.51¢
201011.54¢
201111.72¢
201211.88¢
201312.13¢
201412.52¢
201512.65¢
201612.55¢
201712.89¢
201812.87¢
201913.01¢
202013.15¢
202113.66¢
202215.04¢
202316.00¢
202416.48¢
202517.23¢

Twenty-five years in one line

Residential electricity cost 11.54¢ per kWh in 2010, 12.65¢ per kWh in 2015 and 13.15¢ per kWh in 2020. Between 2010 and 2020 the national average rose slowly; between 2020 and 2025 it rose 31.0%1. All figures here are nominal: they are not adjusted for inflation. Lawrence Berkeley National Laboratory, which adjusts for inflation in its annual review of retail prices, finds the all-sector average −6.0% lower in 2025 than in 2010 in real terms but +3.0%3 higher than in 2019.

Average electricity price each year, United States (¢/kWh)
YearResidentialCommercialIndustrialAll sectorsResidential change
20018.58¢7.92¢5.05¢7.29¢–
20028.44¢7.89¢4.88¢7.20¢−1.6%
20038.72¢8.03¢5.11¢7.44¢+3.3%
20048.95¢8.17¢5.25¢7.61¢+2.6%
20059.45¢8.66¢5.73¢8.14¢+5.6%
200610.40¢9.46¢6.16¢8.90¢+10.1%
200710.65¢9.65¢6.39¢9.13¢+2.4%
200811.26¢10.26¢6.96¢9.74¢+5.7%
200911.51¢10.16¢6.83¢9.82¢+2.2%
201011.54¢10.19¢6.77¢9.83¢+0.3%
201111.72¢10.24¢6.82¢9.90¢+1.6%
201211.88¢10.09¢6.67¢9.84¢+1.4%
201312.13¢10.26¢6.89¢10.07¢+2.1%
201412.52¢10.74¢7.10¢10.44¢+3.2%
201512.65¢10.64¢6.91¢10.41¢+1.0%
201612.55¢10.43¢6.76¢10.27¢−0.8%
201712.89¢10.66¢6.88¢10.48¢+2.7%
201812.87¢10.67¢6.92¢10.53¢−0.2%
201913.01¢10.68¢6.81¢10.54¢+1.1%
202013.15¢10.59¢6.67¢10.59¢+1.1%
202113.66¢11.22¢7.18¢11.10¢+3.9%
202215.04¢12.41¢8.32¢12.36¢+10.1%
202316.00¢12.59¢8.04¢12.68¢+6.4%
202416.48¢12.75¢8.13¢12.94¢+3.0%
202517.23¢13.37¢8.51¢13.56¢+4.6%

Source: EIA, Historical state data, annual sales, revenue and customers; EIA, Historical state data, monthly sales and revenue 1990-2009. Revenue divided by kWh sold, nominal dollars. 2010 onward: EIA-861 final annual; 2001–2009: sum of the monthly survey.

Commercial and industrial customers

Businesses pay less per kWh than households because they use more power, often at higher voltage, so delivery costs less per kWh. Over the last 12 months commercial customers paid 13.87¢ per kWh and industrial customers 8.91¢ per kWh, against 18.04¢ per kWh4 for homes.

US industrial electricity price, 2001–2025
US industrial electricity price, 2001–20250¢2.5¢5¢7.5¢200120062011201620212025

Source: EIA, Historical state data, annual sales, revenue and customers; EIA, Historical state data, monthly sales and revenue 1990-2009. Average revenue per kWh (all charges, nominal dollars), each calendar year: 2010 onward EIA-861 final annual data, 2001–2009 the sum of the monthly survey.

Show the numbers
PeriodUnited States (¢/kWh)
20015.05¢
20024.88¢
20035.11¢
20045.25¢
20055.73¢
20066.16¢
20076.39¢
20086.96¢
20096.83¢
20106.77¢
20116.82¢
20126.67¢
20136.89¢
20147.10¢
20156.91¢
20166.76¢
20176.88¢
20186.92¢
20196.81¢
20206.67¢
20217.18¢
20228.32¢
20238.04¢
20248.13¢
20258.51¢

Month by month since 2019

Monthly prices swing with the seasons, and so do bills: homes use the most electricity in high summer. The monthly chart starts in 2019 so the seasonal pattern and the recent rise are both visible.

Residential electricity price by month, United States, 2019–Aug 2026
Residential electricity price by month, United States, 2019–Aug 202610¢12¢14¢16¢18¢20192021202320252026

Source: EIA, Electric Power Monthly / EIA-861M sales and revenue by state. Average revenue per kWh (all charges, nominal dollars), each month; summer and winter months differ by season. Monthly EIA data through August 2026 (released October 23, 2026); months since January 2026 are preliminary.

Show the numbers
PeriodUnited States (¢/kWh)
Jan 201912.47¢
Feb 201912.72¢
Mar 201912.84¢
Apr 201913.25¢
May 201913.31¢
Jun 201913.32¢
Jul 201913.26¢
Aug 201913.30¢
Sep 201913.16¢
Oct 201912.81¢
Nov 201913.03¢
Dec 201912.68¢
Jan 202012.76¢
Feb 202012.82¢
Mar 202013.04¢
Apr 202013.24¢
May 202013.10¢
Jun 202013.22¢
Jul 202013.21¢
Aug 202013.26¢
Sep 202013.49¢
Oct 202013.66¢
Nov 202013.31¢
Dec 202012.78¢
Jan 202112.62¢
Feb 202113.01¢
Mar 202113.24¢
Apr 202113.73¢
May 202113.86¢
Jun 202113.83¢
Jul 202113.83¢
Aug 202113.92¢
Sep 202114.14¢
Oct 202114.06¢
Nov 202114.07¢
Dec 202113.72¢
Jan 202213.64¢
Feb 202213.76¢
Mar 202214.41¢
Apr 202214.57¢
May 202214.89¢
Jun 202215.30¢
Jul 202215.31¢
Aug 202215.82¢
Sep 202216.19¢
Oct 202215.99¢
Nov 202215.55¢
Dec 202214.94¢
Jan 202315.47¢
Feb 202315.98¢
Mar 202316.04¢
Apr 202316.10¢
May 202316.14¢
Jun 202316.09¢
Jul 202315.86¢
Aug 202315.91¢
Sep 202316.27¢
Oct 202316.48¢
Nov 202316.19¢
Dec 202315.69¢
Jan 202415.41¢
Feb 202416.10¢
Mar 202416.67¢
Apr 202416.86¢
May 202416.40¢
Jun 202416.38¢
Jul 202416.62¢
Aug 202416.60¢
Sep 202416.82¢
Oct 202417.09¢
Nov 202416.85¢
Dec 202416.27¢
Jan 202515.92¢
Feb 202516.40¢
Mar 202517.03¢
Apr 202517.20¢
May 202517.33¢
Jun 202517.44¢
Jul 202517.39¢
Aug 202517.57¢
Sep 202518.05¢
Oct 202517.95¢
Nov 202517.77¢
Dec 202517.11¢
Jan 202617.45¢
Feb 202617.65¢
Mar 202618.60¢
Apr 202618.86¢
May 202618.44¢
Jun 202618.34¢
Jul 202618.31¢
Aug 202618.16¢

Long-run change by state

From 2001 to 2025 the residential price rose most in the District of Columbia (+181.4%) and Connecticut (+168.9%), and least in Nevada (+46.0%) and Louisiana (+58.1%1). Every state page carries its own history chart.

Largest increases in the residential price, 2001 to 2025
District of Columbia+181.4%
Connecticut+168.9%
California+159.3%
Maryland+154.6%
Hawaii+147.2%
Oregon+145.8%
West Virginia+145.8%
Massachusetts+143.9%
Rhode Island+143.0%
Michigan+142.5%
Kentucky+135.3%
Washington+131.1%
United States+100.8%

Source: EIA, Historical state data, annual sales, revenue and customers. Change in the annual residential average price from 2001 to 2025 (nominal dollars).

Show the numbers
StateResidential price change, 2001 to 2025
District of Columbia+181.4%
Connecticut+168.9%
California+159.3%
Maryland+154.6%
Hawaii+147.2%
Oregon+145.8%
West Virginia+145.8%
Massachusetts+143.9%
Rhode Island+143.0%
Michigan+142.5%
Kentucky+135.3%
Washington+131.1%
United States+100.8%
Smallest increases in the residential price, 2001 to 2025
United States+100.8%
North Dakota+82.7%
Oklahoma+81.7%
Vermont+79.9%
South Dakota+79.5%
Florida+77.1%
Texas+73.8%
North Carolina+72.4%
New Mexico+69.9%
Arkansas+66.7%
Iowa+62.0%
Louisiana+58.1%
Nevada+46.0%

Source: EIA, Historical state data, annual sales, revenue and customers. Change in the annual residential average price from 2001 to 2025 (nominal dollars).

Show the numbers
StateResidential price change, 2001 to 2025
United States+100.8%
North Dakota+82.7%
Oklahoma+81.7%
Vermont+79.9%
South Dakota+79.5%
Florida+77.1%
Texas+73.8%
North Carolina+72.4%
New Mexico+69.9%
Arkansas+66.7%
Iowa+62.0%
Louisiana+58.1%
Nevada+46.0%

Sources

  1. EIA, Historical state data, annual sales, revenue and customers; table HS861 2010-.xlsx; 2010-2025, final; released October 7, 2026. www.eia.gov
  2. EIA, Historical state data, monthly sales and revenue 1990-2009; table HS861M 1990-2009.xlsx; 1990-2009, final. www.eia.gov
  3. Lawrence Berkeley National Laboratory, Retail Electricity Price Trends and Drivers; table July 2026 update; 2025 data. eta-publications.lbl.gov
  4. EIA, Electric Power Monthly / EIA-861M sales and revenue by state; table sales_revenue.xlsx (EPM Table 5.6.A); January 2001 to 2026-08; months since January 2026 preliminary; released October 23, 2026. www.eia.gov

How every figure is built: methodology. Found an error? Write to [email protected]; corrections are listed on the updates page.