Electricity Rates Last 10 Years

Electricity rates by state the u s.

Electricity rates last 10 years.

Click on a column heading in the table below to sort the data. The table below presents historical information about average residential electricity prices broken down by year and state. Electricity prices day ahead baseload contracts. How have electricity prices changed in the past 10 years.

Electric operating revenues were 100 million or more during the previous year. According to the energy information administration residential electricity rates have increased nationally by around 15 in the last 10 years an increase of a little more than 0 2 year. Electricity wholesale prices in gb over the past decade have largely been driven by changes in the gas price. This anomaly is caused by the growth of more expensive renewable energy wind and solar power and the onerous regulations.

The average electricity rate is 13 19 cents per kilowatt hour kwh. The average price a residential customer in the united states pays for electricity is 13 31 cents per kwh. Average is 13 28 cents per kilowatt hour state electric prices last updated sept. For 1983 data are for a selected sample of electric utilities.

March 24 2020 temporary electricity rate relief to support ontarians during the covid 19 emergency the government of ontario provided temporary electricity rate relief for consumers paying time of use prices in the form of a fixed electricity price of 10 1 kwh. Learn about eia and energy department organizations that track energy prices and trends. 1 2020 the september choose energy rate report shows you just how much energy costs can vary using the latest electricity prices from the u s. Energy information administration eia in all 50 states.

Read the government s news release. The price you pay for electricity depends on numerous factors including but not limited to your location time of year consumption and market changes disruptions. This information comes from the u s. Beginning in 1984 data are for a census of electric utilities.

This is because gas fired generation is often the marginal source of supply and hence sets the electricity price. Average residential electricity prices 2002 2013 cents per kilowatt state. Utility residential electricity prices have risen steadily in the last decade. Energy information administration eia collects analyzes and disseminates independent and impartial energy information to promote sound policymaking efficient markets and public understanding of energy and its interaction with the economy and the environment.

Average price of electricity to ultimate customers by end use sector by state june 2020 and 2019 cents per kilowatthour.