Electric Power Monthly

Data for September 2024 Release Date: November 22, 2024 Next Release Date: December 23, 2024 Full report PDF

SAS Output

Table 5.3. Average Price of Electricity to Ultimate Customers:

Total by End-Use Sector, 2014 - September 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	16.00	12.59	8.04	12.77	12.68
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	12.61	8.18	12.54	12.68
February	15.98	12.53	8.01	13.14	12.67
March	16.04	12.36	7.80	12.28	12.46
April	16.10	12.08	7.51	12.05	12.16
May	16.14	12.16	7.64	12.43	12.21
June	16.09	12.63	8.11	12.41	12.72
July	15.86	12.91	8.36	12.77	13.06
August	15.91	13.08	8.90	13.26	13.27
Sept	16.27	13.07	8.43	14.45	13.14
October	16.48	12.73	8.01	12.65	12.67
November	16.19	12.43	7.79	12.60	12.44
December	15.69	12.24	7.61	12.34	12.34
Year 2024
January	15.47	12.59	8.10	12.64	12.71
February	16.12	12.75	7.79	13.08	12.76
March	16.69	12.73	7.68	11.92	12.69
April	16.88	12.63	7.77	12.43	12.65
May	16.43	12.48	7.88	12.21	12.55
June	16.42	13.07	8.40	12.74	13.23
July	16.63	13.58	8.81	13.15	13.76
August	16.63	13.39	8.72	13.18	13.61
Sept	16.83	13.47	8.51	13.01	13.47
Year to Date
2022	14.92	12.38	8.30	11.59	12.33
2023	15.97	12.63	8.12	12.85	12.74
2024	16.44	13.00	8.20	12.71	13.09
Rolling 12 Months Ending in September
2023	15.85	12.60	8.18	12.55	12.68
2024	16.37	12.87	8.11	12.67	12.95

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 2023 and prior years are final. Values for 2024 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).