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Annual Energy Review

September 2012  PDF | previous editions
Release Date: September 27, 2012

Table 8.10 Average Retail Prices of Electricity, 1960-2011 (Cents per Kilowatthour, Including Taxes)
Table 8.10  Average Retail Prices of Electricity, 1960-2011
                        (Cents per Kilowatthour, Including Taxes)


Year		 Residential Commercial 1 Industrial 2 Transportation 3 Other 4 Total
Nominal 5 Real 6 Nominal 5 Real 6 Nominal 5 Real 6 Nominal 5 Real 6 Nominal 5 Real 6 Nominal 5 Real 6
1960 2.6 14.0 2.4 12.9 1.1 5.9 NA NA 1.9 10.2 1.8 9.7
1961 2.6 13.8 2.4 12.8 1.1 R 5.8 NA NA 1.8 9.6 1.8 9.6
1962 2.6 13.6 2.4 12.6 1.1 5.8 NA NA 1.9 10.0 1.8 9.4
1963 2.5 13.0 2.3 11.9 1.0 5.2 NA NA 1.8 9.3 1.8 9.3
1964 2.5 12.8 2.2 R 11.2 1.0 5.1 NA NA 1.8 9.2 1.7 8.7
1965 2.4 R 12.0 2.2 11.0 1.0 5.0 NA NA 1.8 9.0 1.7 8.5
1966 2.3 11.2 2.1 R 10.2 1.0 4.9 NA NA 1.8 8.8 1.7 8.3
1967 2.3 10.9 2.1 R 9.9 1.0 4.7 NA NA 1.8 8.5 1.7 R 8.0
1968 2.3 R 10.4 2.1 9.5 1.0 4.5 NA NA 1.8 8.2 1.6 7.3
1969 2.2 9.5 2.1 9.1 1.0 4.3 NA NA 1.7 7.4 1.6 6.9
1970 2.2 R 9.0 2.1 8.6 1.0 4.1 NA NA 1.8 7.4 1.7 7.0
1971 2.3 9.0 2.2 8.6 1.1 4.3 NA NA 1.9 7.4 1.8 R 7.0
1972 2.4 9.0 2.3 8.6 1.2 4.5 NA NA 2.0 7.5 1.9 7.1
1973 2.5 8.9 2.4 8.5 1.3 4.6 NA NA 2.1 7.5 2.0 7.1
1974 3.1 10.1 3.0 9.8 1.7 5.5 NA NA 2.8 9.1 2.5 8.2
1975 3.5 10.4 3.5 10.4 2.1 6.3 NA NA 3.1 9.2 2.9 8.6
1976 3.7 10.4 3.7 10.4 2.2 6.2 NA NA 3.3 9.3 3.1 8.7
1977 4.1 10.9 4.1 10.9 2.5 6.6 NA NA 3.5 9.3 3.4 9.0
1978 4.3 10.6 4.4 10.9 2.8 6.9 NA NA 3.6 8.9 3.7 9.2
1979 4.6 10.5 4.7 10.7 3.1 7.1 NA NA 4.0 9.1 4.0 9.1
1980 5.4 11.3 5.5 11.5 3.7 R 7.7 NA NA 4.8 R 10.0 4.7 9.8
1981 6.2 11.9 6.3 12.1 4.3 8.2 NA NA 5.3 R 10.1 5.5 10.5
1982 6.9 R 12.4 6.9 R 12.4 5.0 9.0 NA NA 5.9 R 10.6 6.1 11.0
1983 7.2 12.5 7.0 R 12.1 5.0 8.7 NA NA 6.4 11.1 6.3 10.9
1984 7.15 R 11.95 7.13 R 11.92 4.83 R 8.07 NA NA 5.90 R 9.86 6.25 R 10.45
1985 7.39 R 11.99 7.27 R 11.80 4.97 R 8.06 NA NA 6.09 R 9.88 6.44 R 10.45
1986 7.42 R 11.78 7.20 R 11.43 4.93 7.83 NA NA 6.11 R 9.70 6.44 R 10.22
1987 7.45 R 11.49 7.08 R 10.92 4.77 R 7.36 NA NA 6.21 R 9.58 6.37 R 9.83
1988 7.48 R 11.16 7.04 R 10.50 4.70 R 7.01 NA NA 6.20 R 9.25 6.35 R 9.47
1989 7.65 11.00 7.20 R 10.35 4.72 R 6.78 NA NA 6.25 R 8.98 6.45 R 9.27
1990 7.83 10.84 7.34 R 10.16 4.74 R 6.56 NA NA 6.40 8.86 6.57 R 9.09
1991 8.04 10.75 7.53 R 10.06 4.83 6.46 NA NA 6.51 R 8.70 6.75 R 9.02
1992 8.21 R 10.72 7.66 R 10.00 4.83 6.31 NA NA 6.74 R 8.80 6.82 R 8.90
1993 8.32 R 10.63 7.74 9.89 4.85 R 6.19 NA NA 6.88 R 8.79 6.93 R 8.85
1994 8.38 R 10.48 7.73 R 9.67 4.77 5.97 NA NA 6.84 8.56 6.91 R 8.64
1995 8.40 R 10.29 7.69 R 9.42 4.66 R 5.71 NA NA 6.88 R 8.43 6.89 R 8.44
1996 8.36 R 10.05 7.64 R 9.19 4.60 R 5.53 NA NA 6.91 R 8.31 6.86 R 8.25
1997 8.43 R 9.96 7.59 R 8.97 4.53 R 5.35 NA NA 6.91 8.17 6.85 R 8.09
1998 8.26 R 9.65 7.41 R 8.66 4.48 R 5.23 NA NA 6.63 7.75 6.74 7.88
1999 8.16 9.40 7.26 R 8.36 4.43 R 5.10 NA NA 6.35 R 7.31 6.64 7.65
2000 8.24 R 9.29 7.43 R 8.37 4.64 5.23 NA NA 6.56 R 7.39 6.81 7.68
2001 8.58 9.46 7.92 R 8.73 5.05 5.57 NA NA 7.20 7.94 7.29 8.04
2002 8.44 R 9.15 7.89 R 8.56 4.88 R 5.29 NA NA 6.75 R 7.32 7.20 R 7.81
2003 8.72 R 9.26 8.03 8.53 5.11 5.43 7.54 8.01 – – – – 7.44 R 7.90
2004 8.95 9.25 8.17 8.44 5.25 R 5.42 7.18 7.42 – – – – 7.61 7.86
2005 9.45 9.45 8.67 8.67 5.73 5.73 8.57 8.57 – – – – 8.14 8.14
2006 10.40 10.07 9.46 9.16 6.16 5.97 9.54 9.24 – – – – 8.90 8.62
2007 10.65 R 10.03 9.65 9.08 6.39 R 6.02 9.70 9.13 – – – – 9.13 8.59
2008 11.26 10.37 10.36 9.54 6.83 6.29 10.74 9.89 – – – – 9.74 8.97
2009 11.51 R 10.49 10.17 R 9.27 6.81 6.21 10.65 R 9.71 – – – – 9.82 R 8.95
2010 R 11.54 R 10.40 R 10.19 R 9.18 R 6.77 R 6.10 R 10.57 R 9.52 – – – – R 9.83 R 8.86
2011P 11.80 10.41 10.32 9.10 6.89 6.08 10.58 9.33 – – – – 9.99 8.81
1Commercial sector.  For 1960–2002, prices exclude public street and highway lighting,
interdepartmental sales, and other sales to public authorities.		 6In chained (2005) dollars, calculated by using gross domestic product implicit price deflators in Table
D1.  See "Chained Dollars" in Glossary.
2Industrial sector.  For 1960–2002, prices exclude agriculture and irrigation. R=Revised.  P=Preliminary.  NA=Not available.  – – =Not applicable.
3Transportation sector, including railroads and railways. Notes:  ·  Beginning in 2003, the category "Other" has been replaced by "Transportation," and the
categories "Commercial" and "Industrial" have been redefined.  ·  Data represent revenue from electricity
retail sales divided by electricity retail sales.  ·  Prices include State and local taxes, energy or demand
charges, customer service charges, environmental surcharges, franchise fees, fuel adjustments, and other
miscellaneous charges applied to end-use customers during normal billing operations. Prices do not include
deferred charges, credits, or other adjustments, such as fuel or revenue from purchased power, from
previous reporting periods.  ·  Through 1979, data are for Classes A and B privately owned electric utilities
only.  (Class A  utilities are those with operating revenues of $2.5 million or more; Class B utilities are those
with between $1 million and $2.5 million.)  For 1980–1982, data are for selected Class A utilities whose
electric operating revenues were $100 million or more during the previous year.  For 1983, data are for a
selected sample of electric utilities.  Beginning in 1984, data are for a census of electric utilities.  Beginning
in 1996, data also include energy service providers selling to retail customers.
4Public street and highway lighting, interdepartmental sales, other sales to public authorities, agriculture
and irrigation, and transportation including railroads and railways.		 Web Pages:  ·  See http://www.eia.gov/totalenergy/data/monthly/#prices for updated monthly and annual
data.  ·  See http://www.eia.gov/electricity/ for related information.
5See "Nominal Price" in Glossary. Sources:  ·  1960-September 1977—Federal Power Commission, Form FPC-5, "Monthly Statement of
Electric Operating Revenues and Income."  ·  October 1977-February 1980—Federal Energy Regulatory
Commission (FERC), Form FPC-5, "Monthly Statement of Electric Operating Revenues and Income."
·  March 1980-1982—FERC, Form FERC-5, "Electric Utility Company Monthly Statement."
·  1983—U.S. Energy Information Administration (EIA), Form EIA-826, "Electric Utility Company Monthly
Statement."  ·  1984-1996—EIA, Form EIA-861, "Annual Electric Utility Report."  ·  1997 forward—EIA,
Electric Power Monthly (February 2012), Table 5.3.
U.S. Energy Information Administration (EIA)