Rhode Island commercial electricity rates
For 62,629 Rhode Island commercial accounts the 2024 average price was 21.09 cents per kWh on 3.7 TWh of sales.
In 2024 Rhode Island commercial accounts paid 21.09 ¢/kWh, rank 5 of 51 and 65.4% above the U.S. commercial price (12.75 ¢). A Rhode Island account using 4,878 kWh a month pays about $1,029. Since 2015 the Rhode Island price moved +33.7%.
Rhode Island sits 0.12 ¢ under Connecticut, the state above, and 0.19 ¢ over Massachusetts, the state below. At 4,878 kWh a month, energy in Rhode Island costs 678 dollars more than in North Dakota, the cheapest commercial state.
How it compares
| Commercial price | 2024 | 2015 | Change | Bill |
|---|---|---|---|---|
| Rhode Island | 21.09 ¢/kWhthis state | 15.78 ¢/kWh | +33.7% | $1,029at 4,878 kWh |
| Connecticut (next above) | 21.21 ¢/kWh+0.12 ¢ against Rhode Island | 15.97 ¢/kWh | +32.8% | $1,035at 4,878 kWh |
| Massachusetts (next below)Lowest in this table | 20.90 ¢/kWh-0.19 ¢ against Rhode Island | 15.79 ¢/kWh | +32.4% | $1,020at 4,878 kWh |
Compare 3 Rhode Island companies
Rhode Island commercial: 2025 and 2026
Rhode Island commercial, data to July 2026.
- Rhode Island 2025 average price
- 23.46 ¢/kWh+11.2% against 2024, U.S. +5.2%
- Rhode Island 2025 rank
- 3 of 51+2 places against 2024
- Rhode Island January to Jul 2026
- 23.74 ¢/kWh+0.3% on Jan-Jul 2025
- Rhode Island Last 12 months
- 23.51 ¢/kWhto July 2026
- Rhode Island July 2026
- 23.43 ¢/kWh+5.4% against July 2025
- Rhode Island 2025 costliest month
- Feb 26.43 ¢cheapest Jun 22.15 ¢, a 19% spread
- Rhode Island Typical 2025 bill
- $1,096 a monthtop Jan $1,617, low Feb $662
The Rhode Island commercial price averaged 23.46 ¢/kWh in 2025, +11.2% on 2024: Rhode Island ran 6.1 points faster than the nation. From January to July 2026 the Rhode Island average is 23.74 ¢, +0.3% on 2025, 5.4 points below the U.S. change. Seasonality in Rhode Island: 2025 peaked in February at 26.43 ¢ and bottomed in June at 22.15 ¢. A typical commercial account in Rhode Island paid about $13,150 for energy over 2025, from $662 in February to $1,617 in January; use per account ran 2,504 to 6,504 kWh a month.
Rhode Island commercial price by month, 2024 to Jul 2026
Price by month, Rhode Island commercial: 12 rows
| Month | 2024 | 2025 | 2026 to Jul |
|---|---|---|---|
| Jan | 20.66 | 24.86 | 24.84 |
| Feb | 20.16 | 26.43 | 24.06 |
| Mar | 18.59 | 24.52 | 23.44 |
| Apr | 18.84 | 23.80 | 22.31 |
| May | 19.59 | 23.69 | 25.41 |
| Jun | 19.44 | 22.15 | 22.70 |
| Jul | 20.10 | 22.22 | 23.43 |
| Aug | 21.19 | 22.31 | No data |
| Sep | 22.42 | 22.43 | No data |
| Oct | 19.50 | 23.03 | No data |
| Nov | No data | 22.63 | No data |
| Dec | 23.46 | 25.69 | No data |
12 rows from EIA retail sales.
CSVWhat a typical Rhode Island commercial account paid each month
Rhode Island commercial: use per account times price, energy only.
Typical bill by month, Rhode Island commercial: 12 rows
| Month | 2025 | 2026 to Jul |
|---|---|---|
| Jan | 1617 | 1245 |
| Feb | 662 | 1087 |
| Mar | 890 | 1058 |
| Apr | 935 | 1030 |
| May | 969 | 1137 |
| Jun | 1208 | 1026 |
| Jul | 1526 | 1287 |
| Aug | 1269 | No data |
| Sep | 982 | No data |
| Oct | 877 | No data |
| Nov | 1056 | No data |
| Dec | 1159 | No data |
12 rows from EIA retail sales.
CSVRhode Island commercial charts
Commercial price, Rhode Island and U.S.
Rhode Island 15.78 ¢ in 2015 and 21.09 ¢ in 2024, 8.34 ¢ over the national figure.
Rhode Island commercial price against the national average, 2015 to 2024: 10 rows
| Year | Rhode Island commercial | Gap to U.S. commercial | Rhode Island residential |
|---|---|---|---|
| 2015 | 15.78 | +5.14 | 19.29 |
| 2016 | 14.88 | +4.45 | 18.62 |
| 2017 | 15.20 | +4.54 | 18.32 |
| 2018 | 16.58 | +5.91 | 20.55 |
| 2019 | 16.38 | +5.70 | 21.73 |
| 2020 | 15.94 | +5.35 | 22.01 |
| 2021 | 15.51 | +4.29 | 22.30 |
| 2022 | 16.23 | +3.82 | 23.21 |
| 2023 | 17.68 | +5.09 | 27.02 |
| 2024 | 21.09 | +8.34 | 28.65 |
10 rows from EIA retail sales.
CSVAnnual change
Biggest move +19.3% in 2024; latest +19.3%.
% vs prior year
- -5.72016
- +2.22017
- +9.12018
- -1.22019
- -2.72020
- -2.72021
- +4.62022
- +8.92023
- +19.32024
Year-over-year change, Rhode Island commercial price: EIA retail sales.
CSVAnalyst note
The Rhode Island commercial price sat above the U.S. average in 10 of 10 years; the gap was +5.14 ¢ in 2015 and +8.34 ¢ in 2024. In the 2024 ranking Rhode Island sits between Connecticut (21.21 ¢) one place above and Massachusetts (20.90 ¢) one place below; the top of the list is 17.09 ¢ away and the bottom 13.90 ¢. Rhode Island was 5th in 2015 with 15.78 ¢ and is 5th now; no move in the table. Rhode Island commercial prices rose in 5 of 9 years. The largest rise was +19.3% in 2024, and the largest fall -5.7% in 2016. The Rhode Island price peaked at 21.09 ¢ in 2024 and bottomed at 14.88 ¢ in 2016; 2024 is the peak and +41.7% from the low. Compounded, that is +3.28% a year in Rhode Island, +1.24 points against the U.S. Rhode Island buys 0.25% of all U.S. commercial electricity with 0.32% of the accounts, so the average Rhode Island account uses 0.79 times the national average.
Rhode Island commercial customers paid 21.09 ¢ in 2024, which puts the state 5th of 51, a top-ten position, 8.34 ¢ over the U.S. Nine years moved the Rhode Island commercial price +33.7% (+3.3% a year), ahead of the U.S. by 13.8 points. The sharpest year was 2024 at +19.3%; the peak came in 2024.
The latest Rhode Island year moved +19.3%, so prices are still climbing. The Rhode Island residential price of 28.65 ¢ sits 7.56 ¢ above. A Rhode Island commercial account uses 4,878 kWh a month; priced at 21.09 ¢ that is about $1,029, and the sector buys 49.4% of Rhode Island's power.
Counting revenue instead of kWh, Rhode Island commercial accounts bring in 43.3% of Rhode Island sector revenue on 49.6% of the kWh, a discount of 6.3 points that comes from the price level: 21.09 ¢ here against 28.65 ¢ for residential and 19.70 ¢ for industrial accounts. The average Rhode Island commercial account uses 4,878 kWh a month, 37 of 51 among states on that measure; a residential account uses 0.12 times as much and an industrial account 6.37 times. Commercial accounts are 12.01% of the 521,661 accounts in Rhode Island.
Facts
- Commercial price 2024
- 21.09 ¢/kWh+65.4% against U.S.
- Price in 2015
- 15.78 ¢/kWh+33.7% to 2024
- Annual change
- +3.3%+1.2 points vs U.S.
- Rank
- 5 of 5146 states cost less
- Gap to U.S.
- +8.34 ¢$406.86 a month
- Peak year
- 202421.09 ¢; 2016 low 14.88 ¢
- Sales
- 3.7 TWh49.4% of state sales
- Commercial accounts
- 62,62957.18 per 1,000 residents
- Use per account
- 4,878 kWh/mo58,540 a year
- Implied monthly bill
- $1,029+$407 against U.S. rate
Data tables
Rhode Island, commercial: price by year
| Year | Rhode Island | U.S. | Change | Gap | Ratio |
|---|---|---|---|---|---|
| 2015 | 15.78 | 10.64 | No data | +5.14 | 1.483 |
| 2016 | 14.88 | 10.43 | -5.7% | +4.45 | 1.427 |
| 2017 | 15.20 | 10.66 | +2.2% | +4.54 | 1.426 |
| 2018 | 16.58 | 10.67 | +9.1% | +5.91 | 1.554 |
| 2019 | 16.38 | 10.68 | -1.2% | +5.70 | 1.534 |
| 2020 | 15.94 | 10.59 | -2.7% | +5.35 | 1.505 |
| 2021 | 15.51 | 11.22 | -2.7% | +4.29 | 1.382 |
| 2022 | 16.23 | 12.41 | +4.6% | +3.82 | 1.308 |
| 2023 | 17.68 | 12.59 | +8.9% | +5.09 | 1.404 |
| 2024 | 21.09 | 12.75 | +19.3% | +8.34 | 1.654 |
Rhode Island commercial: cost by use
| Monthly kWh | Rhode Island cost a month | Gap to U.S. rate in Rhode Island |
|---|---|---|
| 1,220 (0.25x the Rhode Island account) | $257.30 | +$101.75 |
| 2,440 (0.5x the Rhode Island account) | $514.60 | +$203.50 |
| 4,880 (1x the Rhode Island account) | $1,029.19 | +$406.99 |
| 7,320 (1.5x the Rhode Island account) | $1,543.79 | +$610.49 |
| 9,760 (2x the Rhode Island account) | $2,058.38 | +$813.98 |
| 19,510 (4x the Rhode Island account) | $4,114.66 | +$1,627.13 |
Rhode Island: the three sectors measured against commercial
| Sector | Rhode Island price ¢/kWh | Price vs commercial | Rhode Island kWh per account a month | Use vs commercial | Rhode Island revenue share | Rhode Island kWh share |
|---|---|---|---|---|---|---|
| Residential | 28.65 | 1.36x | 567 | 0.12x | 49.9% | 42.1% |
| Commercial (this page) | 21.09 | 1.00x | 4,878 | 1.00x | 43.3% | 49.6% |
| Industrial | 19.70 | 0.93x | 31,063 | 6.37x | 6.8% | 8.3% |
Questions on Rhode Island commercial
How much per kWh do Rhode Island commercial customers pay: 21.09 cents on average?
21.09 cents in 2024, +65.4% against the U.S. rate.
Is Rhode Island cheap or costly for commercial power?
5th of 51, with 46 places charging less.
What is the nine-year price trend for Rhode Island commercial power?
15.78 to 21.09 cents: +33.7% in total, +3.3% a year.
What is a typical monthly commercial bill in Rhode Island?
4,878 kWh at 21.09 cents, price times use, comes to $1,029.
How many commercial electricity accounts does Rhode Island have?
62,629 accounts, or 57.18 per 1,000 residents.
When were Rhode Island commercial prices highest since 2015?
2024 at 21.09 cents; the low was 14.88 cents in 2016.
What did Rhode Island commercial electricity cost in 2025?
Rhode Island averaged 23.46 cents per kWh, +11.2% against 21.09 in 2024, and 3 of 51 among states.
Are Rhode Island commercial electricity prices rising in 2026?
Rhode Island is -5.4 points against the U.S.: 23.74 cents from January to July 2026, +0.3% on 2025.
When in 2025 did Rhode Island commercial power cost most, February or June?
February at 26.43 cents in Rhode Island; June was the lowest at 22.15, a 19% spread.
Does Rhode Island commercial power cost more than the national average in 2026?
9.76 cents above the national average; Rhode Island 23.74 cents over January to July 2026, +0.3% on 2025.
More on Rhode Island commercial
- Rhode Island state hub3 utilities, 476 accounts per 1,000
- Rhode Island residential rates28.65 ¢, rank 5 of 51
- Rhode Island industrial rates19.70 ¢, rank 3 of 51