Electricity Rate in Missouri (2026): 13.68c/kWh Average
The EIA residential electricity price in Missouri is 13.68 cents per kWh as of May 2026, 4.76c below the US average of 18.44c/kWh. The Missouri commercial rate is 10.25c/kWh and the industrial rate is 7.89c/kWh (EIA Electric Power Monthly, Table 5.6.A).
Missouri Electricity Rate: What You Need to Know
Missouri electricity averages 13.68 cents per kWh for residential customers as of May 2026, according to the EIA Electric Power Monthly. This is 4.76c below the US average of 18.44c/kWh. The average monthly bill for Missouri households is $142 based on typical usage of 1054 kWh.
Missouri's 13.68c/kWh rate (May 2026) sits below the US average of 18.44c, but it has been rising fast - up about 5.1% year over year - and utility bills have become a live political issue. Two regulated utilities serve most of the state: Ameren Missouri, covering the St. Louis region and much of eastern Missouri, and Evergy (the former Kansas City Power and Light) in the west, both overseen by the Missouri Public Service Commission. Missouri is a regulated monopoly market with no residential retail choice - several 2025-2026 bills to introduce competition failed. Coal still dominates the generation mix at roughly 60%, with Ameren's Callaway nuclear plant near 13%, natural gas around 13%, and wind about 10%. The PSC approved an Ameren Missouri increase of about $335 million a year in 2025 (less than the $446 million requested), lifting the typical residential bill around $14 a month effective that June, while Evergy's Missouri Metro unit filed in early 2026 for a 14.9% increase proposed for January 2027. The structural driver is Senate Bill 4, signed in April 2025, which reversed Missouri's 1976 ban on charging customers for construction-work-in-progress and now lets utilities bill for new natural-gas plants before they generate a single kilowatt - a change utilities say is needed for coal-to-gas replacement and looming data-center load, but which consumer advocates warn will push bills higher.
Generation mix: Coal 60%, nuclear 13%, natural gas 13%, wind 10%. The fuel mix is a primary driver of electricity rates - states with abundant hydro or nuclear tend to have lower rates, while states dependent on imported petroleum (Hawaii) or natural gas pay more.
Year-over-year change: Missouri rates rose 5.1% year-over-year as of May 2026. This compares to the US average increase of 6.2% over the same period.
Regulated: You Cannot Switch Electricity Suppliers
Ameren Missouri / Evergy Missouri operates as the regulated utility in Missouri. Retail electricity choice is not available for residential customers. Options for reducing your bill include: time-of-use rate optimization, energy efficiency upgrades, and rooftop solar.
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