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Electricity Monthly Update

With Data for November 2019  |  Release Date: Jan. 27, 2020  |  Next Release Date: Feb. 26, 2020

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End Use: November 2019

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

Average revenue per kilowatthour figures decreased in 22 states and the District of Columbia in November compared to last year. The largest declines were found in Hawaii (down over 9%), Ohio (down over 6%), and Rhode Island (down almost 5%). Twenty seven states increased revenue per kilowatthour compared to last year, led by Maine (up over 10%), Alaska (up over 8%), and Vermont (up almost 7%). One state, Tennessee, had no change from a year ago.

Total average revenues per kilowatthour (kWh) in November 2019 were up by 0.8% from November 2018, to 10.43 cents/kWh. The Residential and Commercial sectors both rose slightly, up by 1.1% and 0.3%, respectively. The Industrial and Transportation sectors were down by 1.8% and 1.4%, respectively. Total retail sales were down by 3.4% from November 2018. All sectors except Transportation fell from a year ago. The Industrial sector fell the most, dropping by 6.6%. The Commercial sector followed, falling by 2.6%. The Residential sectors decreased by 1.7%. The Transportation sector rose slightly, up by 0.3%.

Retail sales

State retail sales volumes were down in 44 states and the District of Columbia in November compared to last year. Maine had the largest year-over-year decline, down over 24%. The District of Columbia followed in second place, dropping almost 10%. California, Missouri, and Indiana followed, each with a fall of almost 8%. Only six states had retail sales volume increases in November, led by New Mexico (up almost 6%), West Virginia (up almost 5%), and Hawaii (up almost 3%).

Heating Degree Days (CDD) were down in 27 states compared to last November. The greatest percentage drop in HDDs occurred in Arizona, which was down 29%. Texas, Alaska, Missouri, and Utah all had HDD drops of over 10%. Twenty-two states and the District of Columbia had an increase in HDDs in November. Washington had the greatest increase in HDDs, up over 10%. California followed, with a 10% increases in HDDs.

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