Compare Electricity Rates Across the US

Easily compare electricity rates and plans by state to find the best option for your home or business with Power Wizard.

Written by Christine Orlando | Reviewed By Luis Luna
Last updated November 10, 2025

Enter your ZIP code to see plans in your area

Where Can You Choose? States with Deregulated Electricity Providers

Not every U.S. state gives residents the freedom to choose their electricity provider. In deregulated states, competition among providers allows consumers to shop for the best rates and plans for their specific needs.

Residential and Commercial Electricity Rates by State

Electricity rates aren’t universal. The cost you pay per kilowatt-hour (kWh) can vary significantly depending on your location. In deregulated states, competition among providers can lead to better rates, but it can also result in confusion if you’re not sure what to look for. Factors like demand, energy generation mix, regional utility fees, and seasonal trends all contribute to these rate differences.

To make comparison easier, the Power Wizard experts have created a table of electricity rates by state. For the most accurate and up-to-date rates, visit your state-specific page.

Pro Tip

All electricity plans include Transmission and Distribution Service Utility (TDSU) fees. These regulated charges cover grid maintenance and typically update a few times per year. No matter which retail electricity provider (REP) you choose, your TDSU fees will remain the same.

National Electricity Rates: Key Residential and Commercial Statistics

Below you can see a map of all the states that have at least some level of electricity deregulation in blue and regulated states in gray:

U.S. Deregulation Map

Residential Energy Rates (Updated July 2025)

  • Average U.S. Residential Electricity Rate: 17.62¢ per kilowatt-hour (kWh)
  • State with the Highest Average Residential Rate: Hawaii at 38.90¢/kWh
  • State with the Lowest Average Residential Rate: Idaho at 12.07¢/kWh

Commercial Energy Rates  (Updated July 2025)

  • Average U.S. Commercial Electricity Rate: 14.04¢ per kilowatt-hour (kWh)
  • State with the Highest Average Commercial Rate: Hawaii at 35.00¢/kWh
  • State with the Lowest Average Commercial Rate:North Dakota at 7.52¢/kWh

 

StateAvg. Residential Rate (¢/kWh)Avg. Commercial Rate (¢/kWh)Provider Options
Alabama16.1914.40Regulated
Alaska27.7123.01Regulated
Arizona15.2113.03Regulated
Arkansas13.2610.72Regulated
California31.5829.31Moderate
Colorado16.4813.26Regulated
Connecticut30.2923.78Moderate
Delaware16.8112.63Moderate
District of Columbia23.1920.76Moderate
Florida15.3911.49Regulated
Georgia15.5411.38Moderate
Hawaii38.9035.00Regulated
Idaho12.078.90Regulated
Illinois18.0913.94Moderate
Indiana16.5914.09Regulated
Iowa15.6413.25Regulated
Kansas14.7311.99Regulated
Kentucky13.4012.09Regulated
Louisiana12.4610.88Regulated
Maine28.2521.29Moderate
Maryland19.8715.11Moderate
Massachusetts30.6323.28Moderate
Michigan20.7414.85Moderate
Minnesota16.9413.15Regulated
Mississippi13.4912.61Regulated
Missouri15.3712.45Regulated
Montana14.3012.55Regulated
Nebraska13.199.53Regulated
Nevada12.579.86Regulated
New Hampshire24.4720.43Moderate
New Jersey24.9618.69Moderate
New Mexico16.2712.18Regulated
New York26.6522.42Moderate
North Carolina14.5610.04Regulated
North Dakota12.947.52Regulated
Ohio17.6111.49Moderate
Oklahoma14.319.99Regulated
Oregon15.7411.30Moderate
Pennsylvania19.9412.72Extensive
Rhode Island26.5222.32Moderate
South Carolina14.8910.83Regulated
South Dakota13.9810.94Regulated
Tennessee13.1612.96Regulated
Texas15.459.08Extensive
Utah13.7010.82Regulated
Vermont22.5719.23Regulated
Virginia16.019.68Moderate
Washington13.6611.84Regulated
West Virginia15.6511.59Regulated
Wisconsin18.5713.63Regulated
Wyoming14.379.74Regulated

Top 5 States with the Lowest Residential Electricity Rates

1. Idaho – 12.07¢/kWh

2. Louisiana – 12.46¢/kWh

3. Nevada – 12.57¢/kWh

4. North Dakota – 12.94¢/kWh

5. Tennessee – 13.16¢/kWh

Top 5 States with the Highest Residential Electricity Costs

1. Hawaii – 38.90¢/kWh

2. California – 31.58¢/kWh

3. Massachusetts – 30.63¢/kWh

4. Connecticut – 30.29¢/kWh

5. Maine – 28.25¢/kWh

What Affects Electric Rates? Cost Factors for Residential and Commercial Users

Electricity rates vary by state due to a mix of market structure, infrastructure, geography, and demand. The Power Wizard energy experts have broken down cost factors for you below:

  • Fuel Source Availability: States that use cheaper, local sources, such as coal or hydropower, tend to have lower rates. Regions relying on expensive imports or renewable sources (e.g., natural gas, solar) often have higher prices.
  • Market Structure: Regulated states often have more stable pricing, but that doesn’t always mean lower rates. Other factors—like demand, population density, fuel access, and infrastructure—can have a bigger impact. Texas, a deregulated state, regularly sees lower average rates than regulated states like Hawaii or California. If you live in a deregulated state, the best way to get lower rates is to shop around.
  • Transmission and Distribution Costs: The cost of maintaining infrastructure to deliver electricity, including poles, wires, and substations, affects rates. States with older or complex grids may face higher delivery fees.
  • Electricity Demand and Population Density: Dense or industrial states with high energy demand (e.g., New York, Massachusetts) often face elevated prices due to consumption needs and grid strain.
  • Weather and Climate: States with extreme seasonal temperatures use more electricity for heating or cooling. This demand spike influences rates, particularly in warmer states like Texas or Florida.
  • Regulatory and Environmental Policies: Local laws and incentives supporting green energy, emissions limits, or renewable investments can impact generation costs.
  • Transmission Congestion and Energy Imports: States that import large amounts of electricity or experience congestion on transmission lines may pay more due to limited supply or delivery inefficiencies.
  • Emergency Preparedness Costs:Investments in weatherproofing, storm recovery, or wildfire prevention can raise infrastructure costs that get passed on to ratepayers.
  • Rate Structures and Surcharges: Tiered pricing, time-of-use rates, seasonal adjustments, and usage penalties can all influence the final rate customers pay.

Key Takeaway:

While deregulation introduces choice, it doesn’t guarantee cheaper rates. Consumers can save by comparing plans that fit their energy usage patterns. Power Wizard simplifies this process by using advanced tools and expert insights to help you find the best electricity rates and plans all in one place.

Pro Tip:

Short-term plans with low starter rates often expire during high-demand seasons, like summer. This can force you to renew at peak prices. Always check the contract end date before signing up.

With Power Wizard’s smart comparison tool, you can view real-time electricity rates in your area and find the best fit for your home or business. Enter your ZIP code now to kickstart your search!

Frequently Asked Questions


Energy deregulation means you get to choose your electricity provider instead of being locked into a single utility company. In deregulated markets like Texas, retail electric providers (REPs) compete for your business, giving you more options and potentially better rates.


Electricity rates vary across the country because every state has a different mix of fuel sources, infrastructure, policies, weather, and demand. A state that produces its own energy from low-cost sources may have lower rates than one that relies on imports or green energy mandates. Local regulations and whether a state is deregulated also play a big role in what you pay.


The easiest way to find the best electricity rate? Use Power Wizard’s comparison tool! Just enter your ZIP code and view the electricity plans, providers, and rates available in your area in seconds. You can even enroll in a plan right from our website, so you don’t need to jump between REP portals.


The cost of electricity depends on where you live, the amount of energy you use, and the type of plan you’re on. Rates can range from just a few cents per kilowatt-hour to over 30 cents in some areas. Using Power Wizard’s comparison tool can help you find an electricity plan that fits your needs and budget.


A fixed rate stays the same each month, making it easier to budget. A variable price changes based on the market and can jump up when demand is high. An indexed rate is tied to a specific market formula, which means your bill can change based on outside factors. The best plan type depends on your energy needs, lifestyle, and wants.


Generally, the best time to lock in a new plan is during the spring or fall when energy demand is lower and rates are more competitive. Shopping during extreme heat or cold can lead to higher prices.

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