Electricity Monthly Update
End Use: February 2025
Retail rates/prices and consumption
In this section, we look at what electricity costs and how much is purchased. Charges for retail electric service are based primarily on rates approved by state regulators. However, a number of states have allowed retail marketers to compete to serve customers and these competitive retail suppliers offer electricity at a market-based price.
EIA does not directly collect retail electricity rates or prices. However, using data collected on retail sales revenues and volumes, we calculate average retail revenues per kWh as a proxy for retail rates and prices. Retail sales volumes are presented as a proxy for end-use electricity consumption.
Average revenue per kWh by state
Forty-two states and the District of Columbia saw increased revenue per kilowatt-hour (kWh) compared to last February, while average revenue per kWh increased by 3.8% on a national basis. The largest percent increase was in Rhode Island, up 20.6%, followed by Utah, up 18.2%, and Connecticut, up 18.0%. Average revenue per kWh figures decreased in eight states compared to last year. The largest percent decrease was in Nevada, down 14.3%, followed by Hawaii, down 5.0%, and Montana, down 4.6%. In the contiguous US, Rhode Island, Connecticut, and Massachusetts had the highest average revenues at 30.15, 29.15, and 26.36 cents per kWh, respectively. North Dakota, Oklahoma, and Louisiana had the lowest average revenues at 8.25, 8.76, and 8.82 cents per kWh, respectively.
| Average Revenues/Sales (¢/kWh) | Retail Sales (thousand MWh) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| End-use sector | February 2025 | Change fromFebruary 2024 | February 2025 | Change fromFebruary 2024 | Year to Date | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Residential | 16.44 | 2.0% | 127,797 | 10.1% | 280,445 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Commercial | 13.09 | 3.5% | 111,922 | 3.9% | 235,235 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Industrial | 8.23 | 5.5% | 79,414 | 1.7% | 163,942 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Transportation | 13.45 | 2.8% | 609 | 12.7% | 1,243 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 13.22 | 3.8% | 319,742 | 5.7% | 680,865 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Source: U.S. Energy Information Administration | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total average revenues per kilowatt-hour (kWh) increased by 3.8% from last February, to 13.22 cents/kWh in February 2025. All four sectors saw increases in average revenues per kWh compared to last February. The Industrial sector saw the highest increase, up 5.5%, then the Commercial sector, up 3.5%, the Transportation sector, up 2.8%, and finally the Residential sector, up 2.0%. On a nationwide basis, retail sales increased by 5.7% in February 2025 compared to last February, with all four sectors seeing increases. The Transportation sector saw the largest increase in retail sales from last February, up 12.7%, followed by Residential the sector, up 10.1%, then the Commercial sector, up 3.9%, and finally the Industrial sector, up 1.7%.
Retail sales
Forty-two states and the District of Columbia saw an increase in retail sales volume in February 2025 compared to last February. Nebraska had the highest percent year-over-year increase in retail sales, up 20.3%, followed by Oklahoma, up 15.6%, and Montana, up 13.3%. Eight states saw a decrease in retail sales volume compared to last year. Rhode Island had the highest percent year over year decrease, down 20.0%, followed by Alaska, down 5.4%, and Arizona, down 2.8%.
Forty states and the District of Columbia saw an increase in HDDs compared to last February. Oklahoma had the highest percent year over year increase, up 74%, followed by Kansas, up 65%, and Missouri, up 62%. Nine states saw a decrease in HDDs from last February. Florida had the highest percent year over year decrease, down 53%, followed by Arizona, down 35%, and Nevada, down 20%.