USA electricity prices

USA
Electricity prices
 Residential price 0.172
 Business price 0.151
 Measure USD / kWh
 Reference September 2023
 Data availability March 2019 - March 2024
 Data frequency Quarterly
USA, September 2023: The price of electricity for households is USD 0.172 per kWh. The electricity price for businesses is USD 0.151 per kWh. This includes all components of the electricity bill such as the cost of power, distribution and taxes. For comparison, the average price of electricity in the world for that period is USD 0.156 per kWh for households and USD 0.152 per kWh for businesses.

We calculate several data points at various levels of electricity consumption for both households and businesses but on the chart we show only two data points. For households, the displayed number is calculated at the average annual level of household electricity consumption. For businesses, the displayed data point uses 1,000,000 kWh annual consumption.

The latest business and household electricity price data from March 2024 are available for download.
Electricity prices for households, September 2023
(kWh, U.S. Dollar)
0.002
0.003
0.006
0.006
0.006
0.008
0.013
0.014
0.015
0.015
0.016
0.017
0.020
0.021
0.023
0.026
0.026
0.028
0.029
0.029
0.032
0.040
0.044
0.046
0.047
0.047
0.048
0.048
0.050
0.051
0.052
0.053
0.053
0.055
0.059
0.061
0.064
0.065
0.065
0.067
0.069
0.073
0.075
0.076
0.077
0.078
0.080
0.083
0.087
0.088
0.090
0.090
0.093
0.095
0.096
0.097
0.100
0.108
0.110
0.113
0.113
0.113
0.115
0.116
0.118
0.120
0.121
0.121
0.123
0.124
0.125
0.127
0.131
0.131
0.133
0.137
0.140
0.143
0.145
0.146
0.149
0.150
0.155
0.156
0.156
0.161
0.163
0.168
0.169
0.170
0.172
0.175
0.175
0.177
0.180
0.181
0.184
0.184
0.185
0.192
0.193
0.197
0.198
0.202
0.204
0.205
0.206
0.209
0.210
0.210
0.212
0.213
0.215
0.216
0.217
0.217
0.222
0.232
0.233
0.238
0.239
0.245
0.250
0.254
0.256
0.267
0.281
0.281
0.284
0.296
0.310
0.312
0.312
0.331
0.333
0.347
0.349
0.358
0.368
0.401
0.402
0.421
0.434
0.446
0.448
0.453
0.461
0.537
0
0.1
0.3
0.4
0.54
Sources: ComEd - An Exelon Company, Con Edison, New York, Duke Energy, Florida Power & Light (FPL), Georgia Public Service Commission (PSC), Los Angeles Department of Water and Power (LADWP), Pacific Gas & Electric Company, Public Utility Commission of Texas, San Francisco Water Power Sewer, The national average price in the USA is calculated by using as sources the main electricity supplier in each state.
USA: Electricity price analytics
   Values
 Residential / World average price    110.26 %
 Residential / North America average    87.61 %
 Business / World average price    98.14 %
 Business / North America average    70.02 %
 Residential / Business price    113.91 %
 Low / High income households    130.59 %
 Small / Large businesses    150.00 %
Updated quarterly. Methodological notes
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