Electric Consumer

Editor: Katerine G., Editor & Data Researcher · Research & publishing: Electric Consumer Editorial Team · Data retrieved · Sources named on this page: EIA retail sales · How we got these numbers · Report an error

Electricity prices only go up: false

3 of 51states where the 2025 home price was lower than in 2024 (Hawaii, North Carolina and Nevada); 0 are lower than in 2015. All prices are nominal, not adjusted for inflation

False The claim: “Electricity prices only go up” The U.S. average home price went from 12.65 cents in 2015 to 17.30 in 2025, +37%. It still dipped in 2 of the 15 year-to-year steps since 2010: 2016, 2018.

Down in 3 states in 2025

Comparing the EIA annual average home price: 3 of 51 states paid less per kWh in 2025 than in 2024 (Hawaii -5.3%, North Carolina -0.8%, Nevada -12.3%). The median state moved +4.8%. Against 2015, none of the 51 states is lower; the median is +32%.

U.S. average home price, 2010 to 2025

U.S. average home price, 2010 to 2025, 2010 to 2025: 16 rows
YearHome price, ¢/kWh
201011.54
201111.72
201211.88
201312.13
201412.52
201512.65
201612.55
201712.89
201812.87
201913.01
202013.15
202113.66
202215.04
202316.00
202416.48
202517.30

11.54 cents in 2010, 17.30 in 2025; the lowest year-on-year change was -0.8%.

CSV

Six smallest changes, 2025 against 2024 (a minus sign is a fall)

  1. 1Nevada-12.3%
  2. 2Hawaii-5.3%
  3. 3North Carolina-0.8%
  4. 4California+1.8%
  5. 5Connecticut+2.2%
  6. 6West Virginia+2.3%

The latest months

With monthly data to Jul 2026, 2 states had a lower sales-weighted price over the last 12 months (Aug 2025 to Jul 2026) than over the 12 before (Aug 2024 to Jul 2025). Comparing Jan to Jul 2026 with the same months of 2025, 3 states are lower. The U.S. figure for the year to date is +7.1%.

A drop in one year is not a trend: the 12-month and 2025 lists name different states.

All 51 states by 2025 change, -12.3% to +23.9%

Home price changes in 51 states
Nevada12.7615.0013.15+3-12.3-2.4+2.6
Hawaii29.6042.8640.59+37-5.3+5.6+12.6
North Carolina11.2814.1314.02+24-0.8+5.8+9.0
California16.9931.9732.54+92+1.8+3.3+2.5
Connecticut20.9428.7529.38+40+2.2-7.1-7.7
West Virginia10.0815.0715.41+53+2.3+0.6+0.8
Iowa11.6313.4013.72+18+2.4+4.5+5.0
Minnesota12.1215.4515.82+31+2.4+4.1+4.2
Montana10.8812.6612.98+19+2.5+9.5+11.3
Idaho9.9311.5211.82+19+2.6+8.9+12.0
North Dakota9.6211.5111.81+23+2.6+6.6+7.4
Arizona12.1314.9115.32+26+2.7+1.7+0.9
Rhode Island19.2928.6529.46+53+2.8+0.5-1.1
Kansas12.3414.1514.56+18+2.9+5.2+6.2
Delaware13.4216.5717.13+28+3.4+5.7+6.5
Kentucky10.2412.7913.24+29+3.5+6.6+8.7
Texas11.5614.9415.47+34+3.5+4.8+5.6
Michigan14.4219.3020.01+39+3.7+7.4+8.8
Massachusetts19.8329.3530.48+54+3.9+1.1-0.3
South Dakota11.0812.8613.38+21+4.0+7.6+10.3
Arkansas9.8212.3212.84+31+4.2+7.0+8.0
Missouri11.2112.9113.49+20+4.5+5.5+5.9
Oregon10.6614.7015.37+44+4.6+2.9+1.4
Georgia11.5414.0814.73+28+4.6+4.5+4.4
Vermont17.0921.9022.92+34+4.7+5.6+6.6
Mississippi11.2713.3914.03+24+4.8+7.8+9.2
New Hampshire18.5023.4024.56+33+5.0+13.2+15.2
Alaska19.8324.8226.09+32+5.1+5.2+5.0
South Carolina12.5714.2314.96+19+5.1+6.0+7.6
Wisconsin14.1117.1818.16+29+5.7+6.1+5.4
Virginia11.3714.4115.28+34+6.0+11.6+13.2
Alabama11.7015.1816.10+38+6.1+4.8+3.6
Ohio12.8015.9916.96+32+6.1+11.7+13.0
Tennessee10.3012.4213.18+28+6.1+4.2+4.9
New Mexico12.4714.2015.08+21+6.2No dataNo data
Colorado12.1214.9215.85+31+6.2No dataNo data
Utah10.8812.2213.07+20+7.0+4.3+3.4
Nebraska10.6011.5312.34+16+7.0+7.4+7.2
Louisiana9.3311.7312.57+35+7.2+5.6+5.9
Oklahoma10.1412.2413.12+29+7.2+7.4+7.8
Wyoming10.9712.4713.38+22+7.3+7.8+7.8
Florida11.5814.1415.24+32+7.8+5.5+1.7
New York18.5424.4326.39+42+8.0+11.1+13.0
Pennsylvania13.6417.7719.30+41+8.6+12.8+12.5
Maryland13.8217.8619.48+41+9.1+18.9+22.8
Indiana11.5714.7716.23+40+9.9+9.0+7.5
Washington9.0911.9013.11+44+10.2+12.7+13.1
Illinois12.5015.8717.69+42+11.5+11.4+10.7
Maine15.6124.2927.78+78+14.4+10.0+9.2
New Jersey15.8119.3422.63+43+17.0+12.2+8.7
District of Columbia12.9917.7121.94+69+23.9+21.9+17.9

Lower in 2025 than 2024: 3 states. Lower than 2015: 0. Lower over the last 12 months: 2. Lower Jan to Jul 2026: 3. Smallest 2025 change Nevada -12.3%, largest District of Columbia +23.9%.

CSV

Biggest movers

Largest rises in 2025: District of Columbia +23.9% (17.71 to 21.94 cents); New Jersey +17.0% (19.34 to 22.63 cents); Maine +14.4% (24.29 to 27.78 cents); Illinois +11.5% (15.87 to 17.69 cents); Washington +10.2% (11.90 to 13.11 cents).

Largest rises since 2015: California +92%; Maine +78%; District of Columbia +69%; Massachusetts +54%; West Virginia +53%. Smallest: Nevada +3%; Nebraska +16%; Iowa +18%.

Find your state

Pick a state to see its price path.

Nominal, not real

Every price here is nominal, the cents actually billed. We hold no inflation series, so we do not say whether a price rose or fell once prices in general are counted. The 2015 comparison covers 51 states and the table shows both endpoints so you can apply your own inflation figure.

The largest ten-year rise is California at +92%; the smallest is Nevada at +3%.

Map: 2025 change by state

Change in home price, 2025 against 2024, by stateNew Mexico: +6.2%Texas: +3.5%Kentucky: +3.5%Ohio: +6.1%Georgia: +4.6%Arkansas: +4.2%Oregon: +4.6%Pennsylvania: +8.6%Missouri: +4.5%North Carolina: -0.8%Utah: +7.0%Virginia: +6.0%Wyoming: +7.3%West Virginia: +2.3%New York: +8.0%Indiana: +9.9%Kansas: +2.9%Idaho: +2.6%Nevada: -12.3%Illinois: +11.5%Vermont: +4.7%New Jersey: +17.0%Minnesota: +2.4%Maryland: +9.1%Iowa: +2.4%Hawaii: -5.3%New Hampshire: +5.0%Rhode Island: +2.8%Connecticut: +2.2%Montana: +2.5%Arizona: +2.7%Nebraska: +7.0%Washington: +10.2%South Dakota: +4.0%California: +1.8%Alabama: +6.1%Wisconsin: +5.7%Mississippi: +4.8%Colorado: +6.2%Oklahoma: +7.2%Tennessee: +6.1%Louisiana: +7.2%Michigan: +3.7%Massachusetts: +3.9%Florida: +7.8%Alaska: +5.1%North Dakota: +2.6%South Carolina: +5.1%Maine: +14.4%Delaware: +3.4%District of Columbia: +23.9%
  • -12.3% to +2.6%
  • +2.6% to +4.2%
  • +4.2% to +6.1%
  • +6.1% to +7.8%
  • +7.8% to +23.9%

Darker = a bigger rise. Range -12.3% to +23.9%.

Keep reading

Sources and dates

Data periods and retrieval dates for this page
SourceData periodRetrievedUsed here for
EIA electricity retail sales, annual and monthly (API v2)annual 2010 to 2025, monthly to Jul 20261 Oct 2026Annual 2010 to 2025 and monthly to Jul 2026

Questions

Do electricity prices only go up?

Not every year: 3 states had a lower home price in 2025 than 2024. Over ten years none is lower than in 2015.

Which states saw prices fall in 2025?

Hawaii -5.3% (42.86 to 40.59 cents), North Carolina -0.8% (14.13 to 14.02 cents), Nevada -12.3% (15.00 to 13.15 cents).

How much did the U.S. price rise since 2015?

From 12.65 to 17.30 cents, +37% in nominal terms.

Which state rose the most since 2015?

California at +92%, from 16.99 to 32.54 cents.

Are these prices adjusted for inflation?

No. They are nominal EIA averages. We have no inflation series, so we do not call any change real.

What happened in the last 12 months?

2 states had a lower price in Aug 2025 to Jul 2026 than in Aug 2024 to Jul 2025; the rest were higher.

Did any year show a national fall?

In the U.S. annual series from 2010 to 2025 the home price dipped in 2016, 2018.

Where do the monthly figures end?

Jul 2026, the latest month in the EIA monthly file we hold.

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3 of 51 states where the 2025 home price was lower than in 2024 (Hawaii, North Carolina and Nevada); 0 are lower than in 2015. All prices are nominal, not adjusted for inflation