Pennsylvania commercial electricity rates

Analyst note

The Pennsylvania commercial price sat above the U.S. average in 0 of 10 years; the gap was -1.04 ¢ in 2015 and -1.72 ¢ in 2024. In the 2024 ranking Pennsylvania sits between Kansas (11.19 ¢) one place above and Florida (10.99 ¢) one place below; the top of the list is 27.15 ¢ away and the bottom 3.84 ¢. Pennsylvania was 29th in 2015 with 9.60 ¢ and is 29th now; no move in the table. Pennsylvania commercial prices rose in 3 of 9 years. The largest rise was +20.4% in 2022, and the largest fall -4.0% in 2016. The Pennsylvania price peaked at 11.26 ¢ in 2023 and bottomed at 8.50 ¢ in 2020; 2024 is 2.0% below the peak and +29.8% from the low. Compounded, that is +1.55% a year in Pennsylvania, -0.48 points against the U.S. Pennsylvania buys 2.66% of all U.S. commercial electricity with 3.80% of the accounts, so the average Pennsylvania account uses 0.70 times the national average.

A middle price: 11.03 ¢/kWh for Pennsylvania commercial accounts, rank 29 of 51, -13.5% against the U.S. Pennsylvania: +14.9% over nine years, or +1.6% a year, trailing the national +19.8% by 4.9 points; 2022 was the biggest single move (+20.4%) and 2023 the high.

Last year's change in Pennsylvania was -2.0% and falling. Against the residential price of 17.77 ¢ the gap is 6.74 ¢. Commercial sales are 27.1% of Pennsylvania electricity sold, and an average Pennsylvania account used 4,337 kWh a month, an implied bill near $478.

Counting revenue instead of kWh, Pennsylvania commercial accounts bring in 24.0% of Pennsylvania sector revenue on 27.2% of the kWh, a discount of 3.2 points that comes from the price level: 11.03 ¢ here against 17.77 ¢ for residential and 7.87 ¢ for industrial accounts. The average Pennsylvania commercial account uses 4,337 kWh a month, 43 of 51 among states on that measure; a residential account uses 0.19 times as much and an industrial account 72.39 times. Commercial accounts are 11.78% of the 6,288,238 accounts in Pennsylvania.