Hawaii has the highest electricity price

Hawaii stands out with the highest residential retail price of electricity at 42.69 U.S. cents per kilowatt-hour, significantly surpassing other states. This distinction emphasizes the substantial cost challenges faced by residents in accessing electricity compared to the rest of the United States.

Top five states with the highest electricity prices

The states of Hawaii, Rhode Island, Maine, Connecticut, and Massachusetts lead with the highest electricity prices, all above 28 U.S. cents per kilowatt-hour. These figures highlight the regional variations in electricity costs, with northeastern states prominently featuring in the top tier.

Utah reports the lowest electricity price

Utah enjoys the lowest residential retail price of electricity at only 11.22 U.S. cents per kilowatt-hour. This cost advantage offers a significant economic benefit to Utah residents compared to those living in states with higher electricity prices.

Electricity prices span a wide range across states

The data reveals a wide span in residential electricity prices across the U.S., ranging from 11.22 to 42.69 U.S. cents per kilowatt-hour. This variation underscores the diverse energy landscapes and policies affecting electricity costs in different states.

Northeastern and Pacific states dominate higher price brackets

Northeastern states such as Rhode Island, Connecticut, and Massachusetts, along with Pacific states like Hawaii and California, are predominantly found in the higher electricity price brackets. This trend suggests regional factors, such as energy sources and state policies, significantly influence electricity pricing.

The median electricity price falls below 15 cents per kilowatt-hour

With a median price close to 14.50 U.S. cents per kilowatt-hour, observed in New Mexico, it is evident that more than half of the states have electricity prices below this median value. This median value serves as a benchmark for comparing the relative costliness of electricity across states.

Southern and Midwestern states generally have lower prices

States located in the Southern and Midwestern regions, including Louisiana, Nebraska, and Oklahoma, typically feature among those with lower electricity prices, all below 14 U.S. cents per kilowatt-hour. These lower prices reflect the different economic and natural resource landscapes contributing to regional electricity costs.

Variation in electricity prices indicates diverse energy strategies

The significant variation in electricity prices from 11.22 to 42.69 U.S. cents per kilowatt-hour underscores the impact of diverse energy generation strategies, regulatory environments, and access to natural resources across the states. This diversity highlights the complexity of the U.S. energy market and the challenges in harmonizing energy costs nationwide.