Compare electricity rates by state to see which states have the cheapest and most expensive electricity rates. Click here to see the energy rates comparison!
Electricity Rates Comparison across the United States
Compare residential electricity rates by state across the U.S.
Compare commercial electricity rates by state across the U.S.
Alaska and Hawaii have the most expensive residential electricity rates among states.
Alaska and Hawaii have the most expensive commercial electricity rates among states.
Nevada and Tennessee have the cheapest residential electricity rates among states.
Nevada and Virginia have the cheapest commercial electricity rates among states.
It seems everyone would agree in saying that it’s not a lot of fun when the electricity bill comes in every month. Americans, on average, are spending over $100 a month on their residential electric bills. That’s a pretty decent check to write every month. And then, business owners are of course having to pay their bills. But how much are the rates per state?
At Elite Fixtures, we were interested in finding out the average cost of electricity for both throughout the country for both commercial and residential. By using government data, we were able to take thousands of different rates based on zip codes and find the average cost per state.
Check out some of our findings below:
It wasn’t much of a surprise to see that Hawaii and Alaska came in as the top two most expensive states for electricity for both rates. They’re known for being expensive for most things. What was interesting to see is that Vermont had the third highest rate for commercial and residential. The reasons for their high rates are complicated, but some of it is that New England doesn’t have the fuels needed to generate their own electricity. While Vermont may have high rates, they typically have lower-than-average bills, meaning they don’t use that much energy compared to the rest of the country.
When it came to the lowest rates in the country, Nevada was the cheapest in the country for both commercial and residential electricity. In fact, utility company Nevada Power isn’t planning a residential rate increase for another three years. For now, it seems that many residents will continue to enjoy their low rates.
When looking at other states that had low rates, there were some differences and similarities when comparing commercial or residential. Nevada, Washington, and Oregon were all in the lowest five rates for both commercial and residential. However, some states, like Michigan in particular, has one of the lowest commercial rate and a significantly higher residential rate. Kentucky, on the other hand, had a very low residential rate but a higher commercial rate.
Electricity bills are an expense that while necessary, isn’t an enjoyable one to pay. However, what you pay can vary depending on where you live. States without access to sources of energy often have to pay more in electricity, while states who have it readily available might pay less. As alternative sources of energy continue to grow and become more popular, it will be interesting to see how these rates change in the future.