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Compare electricity rates by state

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U.S. energy rates by state

Electricity rates can change depending on where you live. In January 2020, the U.S. Energy Information Administration (EIA) reported electric prices ranging from the lowest in Louisiana – 9.47 cents per kilowatt hour – to the highest prices in Hawaii – 30.99 cents per kilowatt hour.

The average electricity rate in the U.S. is 13.04 cents per kilowatt hour as of January 2020, according to the EIA. Curious about Texas electricity rates? The Lone Star State enjoys relatively low energy costs at 12.21 cents per kilowatt hour, but some SaveOnEnergy.com® rates in mid-February were as low as 6.4 cents/kWh. Enter your ZIP code above to see rates in your area.

 

What is deregulated energy?

If you live in a deregulated area, you have the power to choose your energy provider. Deregulated markets allow energy providers to compete for your business by offering lower rates and energy promotions.

Many areas in Texas benefit from a deregulated market – and those benefits are reflected in the state’s low average electricity rates. Here are a few figures from the EIA to consider:

  • Residential electricity rates in Texas are nearly 7 percent lower than the national average.
  • Commercial electricity rates in Texas are about 24 percent lower than the national average.
  • Industrial electricity rates in Texas are about 17 percent lower than the national average.

What’s more, the Lone Star State also generates the most wind energy in the country and is the fifth-leading state in solar energy.

 

Calculating energy consumption

Before you can compare electricity rates, it’s important to understand how your energy consumption is calculated. Knowing your household’s average energy usage will help you better compare electricity plans using the free SaveOnEnergy marketplace – and you might even figure out new ways to save on your energy consumption.

If you’re interested in understanding how your energy consumption is calculated, check out our guide here.

Once you’ve got a handle on your consumption, enter your ZIP code above to see rates in your area.

Cheap no-deposit electricity plans

If you have bad credit or want to avoid pricey deposits, you may be a good fit for a no-deposit electricity plan. SaveOnEnergy partners with top energy providers to bring you affordable and reliable electricity plans.

Enter your ZIP code to see no-deposit options in your area!

Frequently asked questions:

How much energy does the average household consume?

According to the EIA, the average American residential household consumed about 914 kWh per month in 2018. Approximately 46 percent of this was used for air conditioning and heating, according to energy.gov.

Which states consume the most energy?

As of 2017, the EIA reported Louisiana consumed the most energy per capita, followed by Wyoming, Alaska, North Dakota, Iowa and Texas. The state consuming the least amount of energy per capita was Rhoda Island.

What factors influence my electricity rates?

The rates offered in your area can be impacted by any of the following:

  • Location
  • Seasonality
  • Weather conditions
  • Consumption habits
  • Fuel cost
  • Power grid operation and functionality

How can I lower my monthly electricity bill?

The SaveOnEnergy Learning Center has several helpful guides with tips on how to cut down on your energy consumption habits. To learn more, see our recommended articles below:

6 energy-efficiency tips to help cut your electricity bills in half

5 free and easy ways to save energy

The SaveOnEnergy.com® electricity bill report: Who paid the most, least?

New to energy deregulation? Need help finding a plan?

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