Connecticut industrial electricity rates
Connecticut industrial electricity cost 17.12 cents per kWh in 2024, with 3,864 accounts buying 2.6 TWh.
In 2024 Connecticut industrial accounts paid 17.12 ¢/kWh, rank 6 of 51 and 110.6% above the U.S. industrial price (8.13 ¢). A Connecticut account using 55,116 kWh a month pays about $9,436. Since 2015 the Connecticut price moved +32.2%.
Connecticut sits 1.07 ¢ under Massachusetts, the state above, and 0.91 ¢ over New Hampshire, the state below. At 55,116 kWh a month, energy in Connecticut costs 6,443 dollars more than in New Mexico, the cheapest industrial state.
How it compares
| Industrial price | 2024 | 2015 | Change | Bill |
|---|---|---|---|---|
| Connecticut | 17.12 ¢/kWhthis state | 12.95 ¢/kWh | +32.2% | $9,436at 55,116 kWh |
| Massachusetts (next above) | 18.19 ¢/kWh+1.07 ¢ against Connecticut | 13.54 ¢/kWh | +34.3% | $10,026at 55,116 kWh |
| New Hampshire (next below)Lowest in this table | 16.21 ¢/kWh-0.91 ¢ against Connecticut | 12.74 ¢/kWh | +27.2% | $8,934at 55,116 kWh |
Compare 6 Connecticut companies
Connecticut industrial: 2025 and 2026
Connecticut industrial, data to July 2026.
- Connecticut 2025 average price
- 18.35 ¢/kWh+7.2% against 2024, U.S. +6.0%
- Connecticut 2025 rank
- 6 of 51same place as 2024
- Connecticut January to Jul 2026
- 18.50 ¢/kWh-3.4% on Jan-Jul 2025
- Connecticut Last 12 months
- 17.96 ¢/kWhto July 2026
- Connecticut July 2026
- 17.29 ¢/kWh-7.0% against July 2025
- Connecticut 2025 costliest month
- Feb 21.17 ¢cheapest Oct 12.94 ¢, a 64% spread
- Connecticut Typical 2025 bill
- $10,339 a monthtop Jul $12,052, low Oct $7,831
The Connecticut industrial price averaged 18.35 ¢/kWh in 2025, +7.2% on 2024: Connecticut ran 1.2 points faster than the nation. From January to July 2026 the Connecticut average is 18.50 ¢, -3.4% on 2025, 9.3 points below the U.S. change. Seasonality in Connecticut: 2025 peaked in February at 21.17 ¢ and bottomed in October at 12.94 ¢. A typical industrial account in Connecticut paid about $124,070 for energy over 2025, from $7,831 in October to $12,052 in July; use per account ran 60,516 to 64,832 kWh a month.
Connecticut industrial price by month, 2024 to Jul 2026
Price by month, Connecticut industrial: 12 rows
| Month | 2024 | 2025 | 2026 to Jul |
|---|---|---|---|
| Jan | 16.67 | 19.96 | 21.13 |
| Feb | 17.28 | 21.17 | 21.52 |
| Mar | 15.98 | 19.62 | 18.58 |
| Apr | 15.93 | 18.88 | 17.93 |
| May | 15.42 | 17.28 | 16.76 |
| Jun | 15.29 | 19.03 | 16.70 |
| Jul | 17.00 | 18.59 | 17.29 |
| Aug | 17.49 | 18.84 | No data |
| Sep | 19.56 | 17.99 | No data |
| Oct | 17.44 | 12.94 | No data |
| Nov | 17.97 | 17.70 | No data |
| Dec | 19.69 | 19.13 | No data |
12 rows from EIA retail sales.
CSVWhat a typical Connecticut industrial account paid each month
Connecticut industrial: use per account times price, energy only.
Typical bill by month, Connecticut industrial: 12 rows
| Month | 2025 | 2026 to Jul |
|---|---|---|
| Jan | 10519 | 11674 |
| Feb | 10548 | 11004 |
| Mar | 10568 | 9895 |
| Apr | 10597 | 9920 |
| May | 10431 | 8749 |
| Jun | 11014 | 10359 |
| Jul | 12052 | 10110 |
| Aug | 10457 | No data |
| Sep | 10227 | No data |
| Oct | 7831 | No data |
| Nov | 9239 | No data |
| Dec | 10587 | No data |
12 rows from EIA retail sales.
CSVConnecticut industrial charts
Industrial price, Connecticut and U.S.
Connecticut 12.95 ¢ in 2015 and 17.12 ¢ in 2024, 8.99 ¢ over the national figure.
Connecticut industrial price against the national average, 2015 to 2024: 10 rows
| Year | Connecticut industrial | Gap to U.S. industrial | Connecticut residential |
|---|---|---|---|
| 2015 | 12.95 | +6.04 | 20.94 |
| 2016 | 12.81 | +6.05 | 20.01 |
| 2017 | 13.10 | +6.22 | 20.29 |
| 2018 | 13.77 | +6.85 | 21.20 |
| 2019 | 13.44 | +6.63 | 21.87 |
| 2020 | 13.07 | +6.40 | 22.71 |
| 2021 | 9.63 | +2.45 | 21.91 |
| 2022 | 15.07 | +6.75 | 24.61 |
| 2023 | 15.69 | +7.65 | 29.88 |
| 2024 | 17.12 | +8.99 | 28.75 |
10 rows from EIA retail sales.
CSVAnnual change
Biggest move +56.5% in 2022; latest +9.1%.
% vs prior year
- -1.12016
- +2.32017
- +5.12018
- -2.42019
- -2.82020
- -26.32021
- +56.52022
- +4.12023
- +9.12024
Year-over-year change, Connecticut industrial price: EIA retail sales.
CSVAnalyst note
The Connecticut industrial price sat above the U.S. average in 10 of 10 years; the gap was +6.04 ¢ in 2015 and +8.99 ¢ in 2024. In the 2024 ranking Connecticut sits between Massachusetts (18.19 ¢) one place above and New Hampshire (16.21 ¢) one place below; the top of the list is 17.01 ¢ away and the bottom 11.69 ¢. Connecticut was 5th in 2015 with 12.95 ¢ and is 6th now; a fall in the table. Connecticut industrial prices rose in 5 of 9 years. The largest rise was +56.5% in 2022, and the largest fall -26.3% in 2021. The Connecticut price peaked at 17.12 ¢ in 2024 and bottomed at 9.63 ¢ in 2021; 2024 is the peak and +77.8% from the low. Compounded, that is +3.15% a year in Connecticut, +1.33 points against the U.S. Connecticut buys 0.25% of all U.S. industrial electricity with 0.35% of the accounts, so the average Connecticut account uses 0.71 times the national average.
Connecticut industrial customers paid 17.12 ¢ in 2024, which puts the state 6th of 51, a top-ten position, 8.99 ¢ over the U.S. Nine years moved the Connecticut industrial price +32.2% (+3.2% a year), ahead of the U.S. by 14.5 points. The sharpest year was 2022 at +56.5%; the peak came in 2024.
The latest Connecticut year moved +9.1%, so prices are still climbing. The Connecticut residential price of 28.75 ¢ sits 11.63 ¢ above. A Connecticut industrial account uses 55,116 kWh a month; priced at 17.12 ¢ that is about $9,436, and the sector buys 9.3% of Connecticut's power.
Counting revenue instead of kWh, Connecticut industrial accounts bring in 6.6% of Connecticut sector revenue on 9.4% of the kWh, a discount of 2.8 points that comes from the price level: 17.12 ¢ here against 28.75 ¢ for residential and 21.21 ¢ for commercial accounts. The average Connecticut industrial account uses 55,116 kWh a month, 37 of 51 among states on that measure; a residential account uses 0.01 times as much and a commercial account 0.11 times. Industrial accounts are 0.23% of the 1,713,428 accounts in Connecticut.
Facts
- Industrial price 2024
- 17.12 ¢/kWh+110.6% against U.S.
- Price in 2015
- 12.95 ¢/kWh+32.2% to 2024
- Annual change
- +3.2%+1.3 points vs U.S.
- Rank
- 6 of 5145 states cost less
- Gap to U.S.
- +8.99 ¢$4,954.90 a month
- Peak year
- 202417.12 ¢; 2021 low 9.63 ¢
- Sales
- 2.6 TWh9.3% of state sales
- Industrial accounts
- 3,8641.07 per 1,000 residents
- Use per account
- 55,116 kWh/mo661,388 a year
- Implied monthly bill
- $9,436+$4,955 against U.S. rate
Data tables
Connecticut, industrial: price by year
| Year | Connecticut | U.S. | Change | Gap | Ratio |
|---|---|---|---|---|---|
| 2015 | 12.95 | 6.91 | No data | +6.04 | 1.874 |
| 2016 | 12.81 | 6.76 | -1.1% | +6.05 | 1.895 |
| 2017 | 13.10 | 6.88 | +2.3% | +6.22 | 1.904 |
| 2018 | 13.77 | 6.92 | +5.1% | +6.85 | 1.990 |
| 2019 | 13.44 | 6.81 | -2.4% | +6.63 | 1.974 |
| 2020 | 13.07 | 6.67 | -2.8% | +6.40 | 1.960 |
| 2021 | 9.63 | 7.18 | -26.3% | +2.45 | 1.341 |
| 2022 | 15.07 | 8.32 | +56.5% | +6.75 | 1.811 |
| 2023 | 15.69 | 8.04 | +4.1% | +7.65 | 1.951 |
| 2024 | 17.12 | 8.13 | +9.1% | +8.99 | 2.106 |
Connecticut industrial: cost by use
| Monthly kWh | Connecticut cost a month | Gap to U.S. rate in Connecticut |
|---|---|---|
| 13,780 (0.25x the Connecticut account) | $2,359.14 | +$1,238.82 |
| 27,560 (0.5x the Connecticut account) | $4,718.27 | +$2,477.64 |
| 55,120 (1x the Connecticut account) | $9,436.54 | +$4,955.29 |
| 82,670 (1.5x the Connecticut account) | $14,153.10 | +$7,432.03 |
| 110,230 (2x the Connecticut account) | $18,871.38 | +$9,909.68 |
| 220,460 (4x the Connecticut account) | $37,742.75 | +$19,819.35 |
Connecticut: the three sectors measured against industrial
| Sector | Connecticut price ¢/kWh | Price vs industrial | Connecticut kWh per account a month | Use vs industrial | Connecticut revenue share | Connecticut kWh share |
|---|---|---|---|---|---|---|
| Residential | 28.75 | 1.68x | 695 | 0.01x | 56.1% | 47.7% |
| Commercial | 21.21 | 1.24x | 6,198 | 0.11x | 37.3% | 42.9% |
| Industrial (this page) | 17.12 | 1.00x | 55,116 | 1.00x | 6.6% | 9.4% |
Questions on Connecticut industrial
How much per kWh do Connecticut industrial customers pay: 17.12 cents on average?
17.12 cents in 2024, +110.6% against the U.S. rate.
Is Connecticut cheap or costly for industrial power?
6th of 51, with 45 places charging less.
What is the nine-year price trend for Connecticut industrial power?
12.95 to 17.12 cents: +32.2% in total, +3.2% a year.
What is a typical monthly industrial bill in Connecticut?
55,116 kWh at 17.12 cents, price times use, comes to $9,436.
How many industrial electricity accounts does Connecticut have?
3,864 accounts, or 1.07 per 1,000 residents.
When were Connecticut industrial prices highest since 2015?
2024 at 17.12 cents; the low was 9.63 cents in 2021.
What did Connecticut industrial electricity cost in 2025?
Connecticut averaged 18.35 cents per kWh, +7.2% against 17.12 in 2024, and 6 of 51 among states.
Are Connecticut industrial electricity prices rising in 2026?
Connecticut is -9.3 points against the U.S.: 18.50 cents from January to July 2026, -3.4% on 2025.
When in 2025 did Connecticut industrial power cost most, February or October?
February at 21.17 cents in Connecticut; October was the lowest at 12.94, a 64% spread.
Does Connecticut industrial power cost more than the national average in 2026?
9.47 cents above the national average; Connecticut 18.50 cents over January to July 2026, -3.4% on 2025.
More on Connecticut industrial
- Connecticut state hub6 utilities, 476 accounts per 1,000
- Connecticut residential rates28.75 ¢, rank 4 of 51
- Connecticut commercial rates21.21 ¢, rank 4 of 51