Independent rate reference - not affiliated with any utility or energy supplier. Data: EIA Electric Power Monthly, June 2026.Full disclaimer
ElectricityRatePerKWh

EIA Electric Power Monthly - Updated June 2026

Electricity Rate per kWh in 2026

US average residential, updated monthly from EIA

18.34c/kWh

U.S. AVERAGE RESIDENTIAL - June 2026

Source: EIA Electric Power Monthly Table 5.6.A. Last verified June 2026.

Cheapest
13.11¢
NV
Most Exp.
52.72¢
HI
Avg Bill
$150
/month

US avg: 18.34c/kWh - lowest: Nevada 13.11c - highest: Hawaii 52.72c - Updated June 2026

Bill Calculator
US Average
$175/month
18.34c/kWh x 900 kWh + $10 fixed = $175.06
51
States + DC Covered
13
Major Utilities
18 + DC
Deregulated States
June 2026
Data Updated

Rate by Sector - June 2026

US averages from EIA Electric Power Monthly. Commercial and industrial rates are lower per kWh but bills can be much larger due to volume and demand charges.

Time-of-Use Rates: 4pm-9pm Costs 2-3x More

California mandated TOU as the default rate plan for new residential customers since 2024. On PG&E's E-TOU-C plan, peak rates run $0.45-$0.65/kWh while off-peak (midnight-3pm) falls to $0.20-$0.25/kWh.

24-Hour Rate Guide (PG&E E-TOU-C)
Off-peak 12am-3pm (~22c) Partial 3-4pm / 9pm-12am Peak 4-9pm (~58c)

EV owners charging after 9pm save $20-50/month. Run your dishwasher and dryer after 9pm. Pre-cool your home before 4pm.

Full TOU guide with calculator ->

US Electricity Rate History (2020-2026)

13.15c
2020
13.66c
2021
15.04c
2022
16.00c
2023
16.48c
2024
17.30c
2025
18.34c
2026

Rates rose 22% from 2022 to 2026 (15.04c to 18.34c). EIA forecasts continued 3-5%/year through 2027. Full history and forecast ->

Why Rates Rose 5% in the Past Year
  • 1. Natural gas prices stayed elevated as the marginal generation fuel
  • 2. Data center + EV demand grew 6%+, pulling capacity prices higher
  • 3. Grid modernization rate cases at PG&E, ConEd, Eversource, Dominion
Full explainer: bill components + state variation ->
Deregulated States

Can You Shop for a Better Rate?

18 states plus DC allow you to choose your electricity supplier. Texas has 100+ providers on PowerToChoose.org. Pennsylvania and Ohio offer official comparison portals. Savings of 10-20% are common in deregulated markets.

TXPAOHILNJNYMACTMDRINHMEDEMIVADC
See the Deregulated States Map ->
Solar Break-Even

Is Solar Worth It in Your State?

The federal 30% ITC expired 31 December 2025. 2026 solar payback math is different - no credit on residential rooftop. In high-rate states (CA, MA, HI, NY), payback runs 6-9 years. In low-rate states (ND, LA, ID), 12-15+ years.

6-9 yr
CA/MA/HI
9-12 yr
NY/CT/NJ
12-15+ yr
ND/ID/LA
Full 2026 solar payback by state ->

Frequently Asked Questions

What is the average electricity rate per kWh in the US in 2026?+
The US average residential electricity rate is 18.34 cents per kilowatt-hour (c/kWh) as of June 2026, according to the EIA Electric Power Monthly. This is up from 15.04c/kWh in 2022 - a 22% rise in four years. The US average commercial rate is 14.19c/kWh and industrial is 9.17c/kWh. Rates vary significantly by state: from 13.11c in Nevada to 52.72c in Hawaii.
Which state has the cheapest electricity per kWh?+
Nevada has the cheapest electricity at 13.11c/kWh as of June 2026, followed by Nebraska (13.25c), Utah (13.37c), Louisiana (13.49c), Tennessee (14.07c), Arkansas (14.12c). The lowest-rate states share common traits: abundant hydroelectric power (Pacific Northwest), cheap natural gas (Gulf Coast), wind power (Plains states), and low transmission costs from low population density.
Why is electricity so expensive in Hawaii?+
Hawaii pays 52.72c/kWh - roughly 2.9 times the US average - because each Hawaiian island operates as an isolated grid with no mainland power connection. Hawaii Electric (HECO) burns imported petroleum to generate roughly 80% of the state's electricity. The logistics of shipping fuel oil across the Pacific adds $0.15-$0.25/kWh in fuel cost alone. Combined with HECO's rate-base recovery for infrastructure on multiple islands and the 2026 rate case increases, Hawaii stands alone as the most expensive electricity in the US by a wide margin.
What is a time-of-use (TOU) electricity rate?+
A time-of-use rate charges different prices depending on when you use electricity. Peak hours (typically 4pm-9pm when demand is highest) cost more - PG&E's E-TOU-C peak rate runs $0.45-$0.65/kWh. Off-peak hours (overnight and midday when solar production is abundant) are cheaper at $0.20-$0.25/kWh on PG&E. California has made TOU the default rate plan for new residential customers. EV owners who charge overnight can save $20-50/month by shifting usage to off-peak hours.
Can I shop for a better electricity rate?+
Yes - if you live in one of the 18 deregulated states plus DC. Texas has mandatory retail choice with 100+ providers on PowerToChoose.org. Pennsylvania, Ohio, Illinois, New Jersey, New York, Massachusetts, Connecticut, and several other states allow you to choose your electricity supplier. The local utility still delivers the power; only the generation charge is competitive. In Texas, fixed-rate plans from 11-13c/kWh are available. In regulated states (California, Florida, most of the South), you cannot switch suppliers but can optimize through TOU plans or solar.
How do I calculate my electricity bill?+
Your electricity bill has three main components: (1) Energy charge: your monthly kWh times the per-kWh rate. At the US average of 18.34c/kWh with 869 kWh typical usage, that is $159.37. (2) Fixed customer charge: typically $5-$15/month regardless of usage. (3) Taxes and riders: state and local taxes plus utility surcharges (typically 5-15% total). Use our bill calculator at /bill-calculator for a state-specific estimate with current EIA rates.
Why are electricity rates rising in 2026?+
US electricity rates rose 5% year-over-year through June 2026. Three main drivers: (1) Natural gas prices stayed elevated as the primary marginal generation fuel through winter 2025-2026. (2) Data center and EV load grew 6%+ year-over-year in PJM and ERCOT regions, pushing capacity prices higher. (3) Major utilities filed multi-billion-dollar rate cases for grid modernization - PG&E, ConEd, Eversource, and Dominion all received rate increases for storm hardening, undergrounding, and battery storage. The EIA Short-Term Energy Outlook (April 2026) projects continued 3-5% annual increases through 2027.
What is the average monthly electric bill in the US?+
The US average residential electric bill is $150/month (EIA 2025 annual data: total residential revenue divided by customer count), on 869 kWh average monthly consumption. At the latest monthly rate of 18.34c/kWh (June 2026), the same usage costs about $159. Bills vary widely by state: low-usage, moderate-rate states like Utah average around $100/month, while Hawaii's extreme rate and hot high-usage states like Texas and Florida push averages well above the national figure.

How We Got These Numbers

National and state averages: EIA Electric Power Monthly Table 5.6.A - Average Retail Price of Electricity by State and Sector. Published monthly. Last verified: June 2026.

Utility rates: Estimated effective residential rates for major utilities (PG&E, SCE, SDG&E, ConEd, National Grid NY/MA, Eversource MA/CT/NH, Duke Energy, FPL, Georgia Power, Dominion Energy, Xcel Energy, ComEd, HECO, APS, DTE Electric, Consumers Energy, PSE&G, Evergy, Ameren, Entergy), informed by each utility's published tariff schedule. These are representative averages - confirm exact pricing on the utility's official rate page. Last reviewed June 2026.

Deregulated state information: State public utility commission websites and the National Conference of State Legislatures electric choice status tracker.

TOU rates:Representative peak/off-peak rates for the named time-of-use plans (PG&E E-TOU-C, SCE TOU-D, SDG&E TOU-DR1, ConEd, Eversource), based on their published tariff schedules. Confirm current rates on each utility's tariff page before relying on them.

Rates verified June 2026Page reviewed 2026-06-11Source: EIA Electric Power Monthly Table 5.6.A
State residential, commercial, and industrial averages from EIA Electric Power Monthly. Utility-level tariffs from OpenEI Utility Rate Database. Confirm exact charges on your current bill.
Oliver Wakefield-Smith
Oliver Wakefield-Smith
Founder, Digital Signet

I research consumer energy costs and publish open data from EIA Electric Power Monthly, state utility commissions, and OpenEI's Utility Rate Database. This site is independent: no utility, retailer, or installer pays for placement, and we hold no affiliate relationship that influences which utilities or states we cover.

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