Delaware commercial electricity rates

Analyst note

The Delaware commercial price sat above the U.S. average in 0 of 10 years; the gap was -0.39 ¢ in 2015 and -0.55 ¢ in 2024. In the 2024 ranking Delaware sits between Arizona (12.23 ¢) one place above and Minnesota (12.15 ¢) one place below; the top of the list is 25.98 ¢ away and the bottom 5.01 ¢. Delaware was 20th in 2015 with 10.25 ¢ and is 20th now; no move in the table. Delaware commercial prices rose in 4 of 9 years. The largest rise was +15.8% in 2022, and the largest fall -3.7% in 2020. The Delaware price peaked at 12.20 ¢ in 2024 and bottomed at 9.18 ¢ in 2020; 2024 is the peak and +32.9% from the low. Compounded, that is +1.95% a year in Delaware, -0.08 points against the U.S. Delaware buys 0.30% of all U.S. commercial electricity with 0.31% of the accounts, so the average Delaware account uses 0.95 times the national average.

Delaware commercial customers paid 12.20 ¢ in 2024, which puts the state 20th of 51, a middle position, 0.55 ¢ under the U.S. Nine years moved the Delaware commercial price +19.0% (+2.0% a year), level with the U.S. by 0.8 points. The sharpest year was 2022 at +15.8%; the peak came in 2024.

The latest Delaware year moved +3.1%, so prices are still climbing. The Delaware residential price of 16.57 ¢ sits 4.37 ¢ above. A Delaware commercial account uses 5,883 kWh a month; priced at 12.20 ¢ that is about $718, and the sector buys 37.6% of Delaware's power.

Counting revenue instead of kWh, Delaware commercial accounts bring in 33.9% of Delaware sector revenue on 37.6% of the kWh, a discount of 3.8 points that comes from the price level: 12.20 ¢ here against 16.57 ¢ for residential and 8.49 ¢ for industrial accounts. The average Delaware commercial account uses 5,883 kWh a month, 22 of 51 among states on that measure; a residential account uses 0.15 times as much and an industrial account 23.23 times. Commercial accounts are 11.33% of the 535,330 accounts in Delaware.