Electricity Prices by State
We feature electric rates for all 50 states. We offer today’s current rates for states that have deregulated energy markets (Texas, Ohio, Pennsylvania, etc.). For regulated energy markets, we offer historical rates from the previous two years.
Deregulated Energy Markets
Our business revolves around helping consumers shop and compare electricity rates and plans in deregulated states/areas. For deregulated states, not only can we show you today’s actual rates and plans, but you can also sign your home or business up to a rate/plan right on our site. You can also call 800.974.3020 for today’s rates.
RATES BY ZIP CODE:
Here’s a small example of what it looks like to compare today’s rates and plans on our site. You can sort rates by cost, term, provider, etc:
Today’s electricity rates and plans for residential/commercial customers are only available in deregulated states. These states are known as “deregulated” states as they have a deregulated electricity market (to some extent, at least). Consumers in these deregulated states are able to shop for electricity and switch electricity providers if they find a better rate/plan with another provider.
Unfortunately, as of today most of the United States is still regulated:
For the time being we’re only able to show you historical data for “regulated” states (states in blue), but hopefully that will change as legislation changes.
Regulated Energy Markets
Unfortunately, roughly two-thirds of states still regulated electricity markets. Homes and businesses in regulated states are unable to shop around for electricity rates, unfortunately.
Only historical rates are available for regulated states. Further down on the page you’ll see electric rates for regulated states (as well as deregulated) from the past two years.
In addition to current rates for deregulated states, we provide historical data on electric rates for all 50 states in the previous two years to monitor trends and to add perspective to current rates. We break these rates down by industry — residential, commercial, and industrial.
Pricing shown is cost per kilowatt-hour (kWh):
|Electricity Rates by State||2014||2013||2014||2013||2014||2013||2014||2013|
|East North Central||12.77||12.04||9.91||9.43||6.82||6.47||9.75||9.23|
|West North Central||10.70||10.53||8.67||8.46||6.23||6.22||8.59||8.43|
|District of Columbia||12.75||12.88||12.06||12.16||6.77||4.63||11.96||12.04|
|East South Central||10.64||10.31||10.28||9.81||5.70||5.52||8.76||8.42|
|West South Central||11.01||10.90||8.17||7.91||5.75||5.67||8.31||8.16|
- Where’s the cheapest residential electricity? Washington
- Where’s the cheapest commercial electricity? Oklahoma
- Where’s the most expensive residential electricity? Hawaii
- Where’s the most expensive commercial electricity? Hawaii
- What’s the cheapest electric rate in the United States? 8.66 per kWh
- What’s the highest electric rate in the United States? 35.06 per kWh
A few observations can be made from this data, but most noticeably and generally speaking the more northern you live in the U.S. the more you’ll pay for your electricity. According to this data, people living in states located in the Northeast, North Central, and Mid-Atlantic generally pay higher electricity rates than those living in the southern half of the United States.
Questions & Answers
What are the best electric rates and plans for me?
Each rate and plan has pros/cons. Once you’re confident that you’re looking at a rate and plan from a reputable, well-trusted provider, you then want to take a careful look at the exact details of the plan. You’ll need to decide how long of a plan term you want to commit to (6 months, 12 months, etc.) and whether you want a fixed or variable rate. Additionally, some electric plans are “green” electric plans, meaning your energy is derived from green sources of energy. If that’s an important issue for you, then that’ll be something you’d want to look for when shopping around.
What do I need to know before I start shopping for a new electric plan?
As long as you have a copy of your most recent utility bill, it should contain all of the information you need when you decide to start shopping.
I’m looking for rates for my business — do you list these, too?
Absolutely. We’re one of the very few websites that not only lists residential rates, but also business electric rates, as well. And while the commercial electric rates on our site are very competitive, if you have a large business (think 5,000+ kWh/mo) we might be able to get you even better rates if you contact us with your energy needs.
Why can’t I see a list of rates and plans when I enter my zip?
While we’d absolutely LOVE to show (and allow you to shop!) electricity rates and plans in your area, we’re only able to do business in deregulated areas. Many states still have a “regulated” energy market, meaning you’re not able to shop around for your electric or gas provider. As of this writing, roughly 2/3 of states are still regulated.
Okay, I’m not able to sign up to a cheaper electric rate. What else can I do to save $$$?
There are a variety of ways you can cut back on your energy consumption, which is the primary way to lower your energy costs. We’ve shared tips in this past on ways to accomplish this — Energy.gov has a great guide, as well.
When will my state become deregulated?
Unfortunately, there’s no way to know when you might be able to shop for electric rates like the lucky homes and businesses in deregulated areas can. Each state that is currently deregulated became deregulated on its own timetable — Pennsylvania deregulated in 1997, Texas in 2002, etc. Even if your state (say South Carolina, for example) does deregulate in the near future, some parts of the state may still remain regulated (as is the case with 15% of Texas).
Ultimately, if you’re not currently living in a deregulated area of the country, it may be months or even years before you’re able to shop for electricity rates.
Last updated May 2, 2016.