Louisiana commercial electricity rates

Analyst note

The Louisiana commercial price sat above the U.S. average in 0 of 10 years; the gap was -1.98 ¢ in 2015 and -2.29 ¢ in 2024. In the 2024 ranking Louisiana sits between New Mexico (10.54 ¢) one place above and Missouri (10.26 ¢) one place below; the top of the list is 27.72 ¢ away and the bottom 3.27 ¢. Louisiana was 43rd in 2015 with 8.66 ¢ and is 37th now; a rise in the table. Louisiana commercial prices rose in 5 of 9 years. The largest rise was +16.6% in 2022, and the largest fall -12.4% in 2023. The Louisiana price peaked at 11.93 ¢ in 2022 and bottomed at 8.59 ¢ in 2016; 2024 is 12.3% below the peak and +21.8% from the low. Compounded, that is +2.12% a year in Louisiana, +0.09 points against the U.S. Louisiana buys 1.63% of all U.S. commercial electricity with 1.55% of the accounts, so the average Louisiana account uses 1.05 times the national average.

Louisiana commercial customers paid 10.46 ¢ in 2024, which puts the state 37th of 51, a middle position, 2.29 ¢ under the U.S. Nine years moved the Louisiana commercial price +20.8% (+2.1% a year), level with the U.S. by 1.0 points. The sharpest year was 2022 at +16.6%; the peak came in 2022.

The latest Louisiana year moved +0.1%, so the price is flat. The Louisiana residential price of 11.73 ¢ sits 1.27 ¢ above. A Louisiana commercial account uses 6,542 kWh a month; priced at 10.46 ¢ that is about $684, and the sector buys 24.8% of Louisiana's power.

Counting revenue instead of kWh, Louisiana commercial accounts bring in 29.5% of Louisiana sector revenue on 24.8% of the kWh, a premium of 4.7 points that comes from the price level: 10.46 ¢ here against 11.73 ¢ for residential and 5.61 ¢ for industrial accounts. The average Louisiana commercial account uses 6,542 kWh a month, 16 of 51 among states on that measure; a residential account uses 0.18 times as much and an industrial account 28.50 times. Commercial accounts are 12.21% of the 2,467,236 accounts in Louisiana.