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Electricity Monthly Update

With Data for April 2019  |  Release Date: June 25, 2019  |  Next Release Date: July 24, 2019

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End Use: April 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 21 states and the District of Columbia in April compared to last year. The largest declines were found in Oklahoma (down almost 6%) and Idaho and New Mexico (both down over 4%). Twenty eight states increased revenue per kilowatthour compared to last year, led by Maine (up almost 12%). Only one state, Mississippi, showed no change from the prior year.

Total average revenues per kilowatthour (kWh) in April 2019 were up by 0.8% from April 2018, to 10.31 cents/kWh. Average revenues for the Residential sector rose the most, up by 3.0%. The Transportation sector followed by rising 1.1%. The Commercial sector had the smallest increase of the month, only increasing by 0.7%. The Industrial sector declined slightly, dropping by 0.8%. Total retail sales fell by 1.0% from April last year. The Residential sector was responsible for the over-all decline, dropping by 4.5%. The other three sectors all rose from a year ago. The Industrial sector rose the most, up by 1.6%, followed closely by the Transportation sector, which rose by 1.4%. The Commercial sector rose only slightly, up by 0.2%.

Retail sales

State retail sales volumes were down in 35 states and the District of Columbia in April compared to last year. Delaware had the largest year-over-year decline, down almost 11%. Fifteen states had retail sales volume increases in April, led by Texas (up almost 8%), New Mexico (up just over 4%), and Massachusetts (up almost 4%).

Heating Degree Days (HDD) were down in 48 states and the District of Columbia compared to last April, as April 2019 was much milder than April 2018. The District of Columbia had the highest percent drop, falling almost 60%. Other Middle-Atlantic states followed suit: Delaware was down almost 58%, Maryland was down over 53%, and Virginia was down over 49%. Two states in the West, Arizona and Oklahoma, were down by 54% and 50%, respectively. Only Florida had an increase of HDDs in April 2019 over the prior year, increasing by over 130%.

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