Post written by Arthur M.
Since utility pricing varies across the U.S., we’ve aggregated the lowest electricity rates by state in Q1 2018. These rates can help you prepare for your next move or get a gauge on typical prices if you live in an area with deregulated electricity.
Lowest electricity rate, Q1 2018
Louisiana consumers paid the lowest residential electricity rates in the U.S. during the first quarter of 2018, according to the U.S. Energy Information Administration. Customers paid 9.05 cents per kilowatt hour (kWh) used during the period.
How does that rate stack up?
- It is 2.1 percent lower than the next lowest rate, North Dakota’s 9.24 cents/kWh.
- It is 28 percent lower than the U.S. average for the quarter, 12.57 cents/kWh.
- It is 71.3 percent lower than the highest rate in the country, Hawaii’s 31.57 cents/kWh.
What are some other states where rates are low? Following are the 10 states with the lowest electricity rates during the first quarter:
10 lowest residential electricity rates, Q1 2018
Of course, electric rates aren’t low everywhere. Here are the states with the highest rates during the quarter:
10 highest residential electricity rates, Q1 2018
Where does your state rank for electricity rates?
Where you live has a great impact on how much you pay for electricity. Neighboring states can have big differences in rates. For example, in California, consumers pay 19.03 cents/kWh for electricity; in neighboring Oregon, they pay 10.66 cents/kWh.
Find your state, and its rank, in the list below:
State electricity rates and rankings, Q1 2018
|State||Rate (cents/kWh)||Rank||State||Rate (cents/kWh)||Rank|
Biggest risers and fallers
Electricity rate pricing isn’t static, and it can change substantially from quarter to quarter. For example, rates in Delaware fell 9.7 percent from the fourth quarter of 2017 to the first quarter of 2018; and they rose 11.6 percent in Rhode Island during the same period. Nationally, they decreased 1.4 percent.
Following are the states with the largest decreases from 2017 Q4 to 2018 Q1:
|State||2018 Q1 rate (cents/kWh)||2017 Q4 rate (cents/kWh)||Decrease|
These are the eight states where rates increased:
|State||2018 Q1 rate (cents/kWh)||2017 Q4 rate (cents/kWh)||Increase|
Allconnect® will report on quarterly changes in rates and their impacts on residential customers. You also can get monthly updates of electricity rates by state.