U.S. Energy Information Administration logo
Skip to sub-navigation

Electric Power Monthly

Data for July 2024 Release Date: September 24, 2024 Next Release Date: October 24, 2024 Full report PDF
SAS Output
Table 5.3. Average Price of Electricity to Ultimate Customers:
Total by End-Use Sector, 2014 - July 2024 (Cents per Kilowatthour)

Period Residential Commercial Industrial Transportation All Sectors
Annual Totals
2014 12.52 10.74 7.10 10.45 10.44
2015 12.65 10.64 6.91 10.09 10.41
2016 12.55 10.43 6.76 9.63 10.27
2017 12.89 10.66 6.88 9.68 10.48
2018 12.87 10.67 6.92 9.70 10.53
2019 13.01 10.68 6.81 9.66 10.54
2020 13.15 10.59 6.67 9.90 10.59
2021 13.66 11.22 7.18 10.20 11.10
2022 15.04 12.41 8.32 11.59 12.36
2023 15.98 12.74 8.06 12.70 12.72
Year 2022
January 13.64 11.26 7.19 10.54 11.24
February 13.76 11.66 7.28 10.95 11.42
March 14.41 11.65 7.37 10.87 11.48
April 14.57 11.82 7.70 11.26 11.56
May 14.89 12.00 8.25 10.79 11.98
June 15.30 12.75 8.85 12.10 12.75
July 15.31 13.02 9.31 12.39 13.12
August 15.82 13.41 9.38 12.90 13.44
Sept 16.19 13.28 9.06 12.57 13.31
October 15.99 12.89 8.45 11.81 12.66
November 15.55 12.33 8.14 11.56 12.30
December 14.94 12.28 8.50 11.48 12.40
Year 2023
January 15.47 12.75 8.32 12.36 12.78
February 15.98 12.70 8.10 12.99 12.76
March 15.91 12.48 7.79 12.18 12.43
April 16.10 12.21 7.50 11.96 12.18
May 16.15 12.32 7.62 12.36 12.25
June 16.11 12.77 8.08 12.36 12.75
July 15.89 13.07 8.32 12.69 13.10
August 15.93 13.24 8.87 13.18 13.30
Sept 16.29 13.23 8.44 14.27 13.19
October 16.20 12.86 8.01 12.77 12.59
November 16.19 12.62 7.81 12.56 12.50
December 15.73 12.39 7.66 12.33 12.41
Year 2024
January 15.45 12.68 8.10 12.68 12.73
February 16.10 12.81 7.81 13.20 12.80
March 16.68 12.76 7.73 11.91 12.73
April 16.88 12.66 7.82 12.64 12.71
May 16.43 12.48 7.95 12.29 12.60
June 16.41 13.10 8.44 12.76 13.26
July 16.62 13.58 8.81 13.15 13.76
Year to Date
2022 14.58 12.06 8.02 11.26 11.99
2023 15.93 12.63 7.96 12.42 12.63
2024 16.34 12.89 8.11 12.65 12.98
Rolling 12 Months Ending in July
2023 15.83 12.74 8.29 12.27 12.73
2024 16.22 12.89 8.14 12.82 12.92

See Technical notes for additional information on the Commercial, Industrial, and Transportation sectors. NA = Not available. See Glossary for definitions.
Geographic coverage is the 50 States and the District of Columbia. Values include energy service provider (power marketer) data.
Values for 2022 and prior years are final. Values for 2024 and 2023 are preliminary estimates based on a cutoff model sample. See Technical Notes for a discussion of the sample design for the Form EIA-826. Utilities and energy service providers may classify commercial and industrial customers based on either NAICS codes or demands or usage falling within specified limits by rate schedule. Changes from year to year in consumer counts, sales and revenues, particularly involving the commercial and industrial consumer sectors, may result from respondent implementation of changes in the definitions of consumers, and reclassifications. Sales and net generation may not correspond exactly for a particular month for a variety of reasons (i.e., sales data may include purchases of electricity from nonutilities or imported electricity). Net generation is for the calendar month while sales and associated revenue accumulate from bills collected for periods of time (28 to 35 days) that vary dependent upon customer class and consumption occurring in and outside the calendar month.
Sources: U.S. Energy Information Administration, Form EIA-861M (formerly EIA-826), Monthly Electric Industry Power Report.
Form EIA-826, Monthly Electric Sales and Revenue Report with State Distributions Report;
Form EIA-861, Annual Electric Power Industry Report; and Form EIA-861S, Annual Electric Power Industry Report (Short Form).