Rhode Island industrial electricity rates
Rhode Island industrial electricity cost 19.70 cents per kWh in 2024, with 1,649 accounts buying 0.6 TWh.
In 2024 Rhode Island industrial accounts paid 19.70 ¢/kWh, rank 3 of 51 and 142.3% above the U.S. industrial price (8.13 ¢). A Rhode Island account using 31,063 kWh a month pays about $6,119. Since 2015 the Rhode Island price moved +43.2%.
Rhode Island sits 1.83 ¢ under California, the state above, and 0.39 ¢ over Alaska, the state below. At 31,063 kWh a month, energy in Rhode Island costs 4,433 dollars more than in New Mexico, the cheapest industrial state.
How it compares
| Industrial price | 2024 | 2015 | Change | Bill |
|---|---|---|---|---|
| Rhode Island | 19.70 ¢/kWhthis state | 13.76 ¢/kWh | +43.2% | $6,119at 31,063 kWh |
| California (next above) | 21.53 ¢/kWh+1.83 ¢ against Rhode Island | 12.17 ¢/kWh | +76.9% | $6,688at 31,063 kWh |
| Alaska (next below)Lowest in this table | 19.31 ¢/kWh-0.39 ¢ against Rhode Island | 14.53 ¢/kWh | +32.9% | $5,998at 31,063 kWh |
Compare 3 Rhode Island companies
Rhode Island industrial: 2025 and 2026
Rhode Island industrial, data to July 2026.
- Rhode Island 2025 average price
- 21.74 ¢/kWh+10.4% against 2024, U.S. +6.0%
- Rhode Island 2025 rank
- 2 of 51+1 places against 2024
- Rhode Island January to Jul 2026
- 21.86 ¢/kWh-0.7% on Jan-Jul 2025
- Rhode Island Last 12 months
- 21.65 ¢/kWhto July 2026
- Rhode Island July 2026
- 22.86 ¢/kWh+7.3% against July 2025
- Rhode Island 2025 costliest month
- Feb 27.68 ¢cheapest Jun 18.61 ¢, a 49% spread
- Rhode Island Typical 2025 bill
- $6,631 a monthtop Feb $8,603, low Apr $5,337
The Rhode Island industrial price averaged 21.74 ¢/kWh in 2025, +10.4% on 2024: Rhode Island ran 4.3 points faster than the nation. From January to July 2026 the Rhode Island average is 21.86 ¢, -0.7% on 2025, 6.5 points below the U.S. change. Seasonality in Rhode Island: 2025 peaked in February at 27.68 ¢ and bottomed in June at 18.61 ¢. A typical industrial account in Rhode Island paid about $79,577 for energy over 2025, from $5,337 in April to $8,603 in February; use per account ran 26,488 to 31,081 kWh a month.
Rhode Island industrial price by month, 2024 to Jul 2026
Price by month, Rhode Island industrial: 12 rows
| Month | 2024 | 2025 | 2026 to Jul |
|---|---|---|---|
| Jan | 19.38 | 20.37 | 25.66 |
| Feb | 19.34 | 27.68 | 20.89 |
| Mar | 17.47 | 24.96 | 17.13 |
| Apr | 18.23 | 20.15 | 20.75 |
| May | 19.53 | 22.27 | 22.18 |
| Jun | 18.99 | 18.61 | 22.91 |
| Jul | 20.49 | 21.31 | 22.86 |
| Aug | 20.37 | 20.14 | No data |
| Sep | 20.45 | 19.53 | No data |
| Oct | 18.79 | 21.42 | No data |
| Nov | 22.73 | 22.24 | No data |
| Dec | 20.41 | 23.90 | No data |
12 rows from EIA retail sales.
CSVWhat a typical Rhode Island industrial account paid each month
Rhode Island industrial: use per account times price, energy only.
Typical bill by month, Rhode Island industrial: 12 rows
| Month | 2025 | 2026 to Jul |
|---|---|---|
| Jan | 6313 | 7167 |
| Feb | 8603 | 5136 |
| Mar | 6108 | 4437 |
| Apr | 5337 | 6094 |
| May | 6390 | 8007 |
| Jun | 6770 | 6990 |
| Jul | 7875 | 7354 |
| Aug | 7148 | No data |
| Sep | 5791 | No data |
| Oct | 6340 | No data |
| Nov | 5980 | No data |
| Dec | 6921 | No data |
12 rows from EIA retail sales.
CSVRhode Island industrial charts
Industrial price, Rhode Island and U.S.
Rhode Island 13.76 ¢ in 2015 and 19.70 ¢ in 2024, 11.57 ¢ over the national figure.
Rhode Island industrial price against the national average, 2015 to 2024: 10 rows
| Year | Rhode Island industrial | Gap to U.S. industrial | Rhode Island residential |
|---|---|---|---|
| 2015 | 13.76 | +6.85 | 19.29 |
| 2016 | 13.48 | +6.72 | 18.62 |
| 2017 | 14.57 | +7.69 | 18.32 |
| 2018 | 15.39 | +8.47 | 20.55 |
| 2019 | 15.59 | +8.78 | 21.73 |
| 2020 | 15.76 | +9.09 | 22.01 |
| 2021 | 16.06 | +8.88 | 22.30 |
| 2022 | 17.96 | +9.64 | 23.21 |
| 2023 | 18.98 | +10.94 | 27.02 |
| 2024 | 19.70 | +11.57 | 28.65 |
10 rows from EIA retail sales.
CSVAnnual change
Biggest move +11.8% in 2022; latest +3.8%.
% vs prior year
- -2.02016
- +8.12017
- +5.62018
- +1.32019
- +1.12020
- +1.92021
- +11.82022
- +5.72023
- +3.82024
Year-over-year change, Rhode Island industrial price: EIA retail sales.
CSVAnalyst note
The Rhode Island industrial price sat above the U.S. average in 10 of 10 years; the gap was +6.85 ¢ in 2015 and +11.57 ¢ in 2024. In the 2024 ranking Rhode Island sits between California (21.53 ¢) one place above and Alaska (19.31 ¢) one place below; the top of the list is 14.43 ¢ away and the bottom 14.27 ¢. Rhode Island was 3rd in 2015 with 13.76 ¢ and is 3rd now; no move in the table. Rhode Island industrial prices rose in 8 of 9 years. The largest rise was +11.8% in 2022, and the largest fall -2.0% in 2016. The Rhode Island price peaked at 19.70 ¢ in 2024 and bottomed at 13.48 ¢ in 2016; 2024 is the peak and +46.1% from the low. Compounded, that is +4.07% a year in Rhode Island, +2.24 points against the U.S. Rhode Island buys 0.06% of all U.S. industrial electricity with 0.15% of the accounts, so the average Rhode Island account uses 0.40 times the national average.
Rhode Island industrial customers paid 19.70 ¢ in 2024, which puts the state 3rd of 51, a top-ten position, 11.57 ¢ over the U.S. Nine years moved the Rhode Island industrial price +43.2% (+4.1% a year), ahead of the U.S. by 25.5 points. The sharpest year was 2022 at +11.8%; the peak came in 2024.
The latest Rhode Island year moved +3.8%, so prices are still climbing. The Rhode Island residential price of 28.65 ¢ sits 8.95 ¢ above. A Rhode Island industrial account uses 31,063 kWh a month; priced at 19.70 ¢ that is about $6,119, and the sector buys 8.3% of Rhode Island's power.
Counting revenue instead of kWh, Rhode Island industrial accounts bring in 6.8% of Rhode Island sector revenue on 8.3% of the kWh, a discount of 1.5 points that comes from the price level: 19.70 ¢ here against 28.65 ¢ for residential and 21.09 ¢ for commercial accounts. The average Rhode Island industrial account uses 31,063 kWh a month, 48 of 51 among states on that measure; a residential account uses 0.02 times as much and a commercial account 0.16 times. Industrial accounts are 0.32% of the 521,661 accounts in Rhode Island.
Facts
- Industrial price 2024
- 19.70 ¢/kWh+142.3% against U.S.
- Price in 2015
- 13.76 ¢/kWh+43.2% to 2024
- Annual change
- +4.1%+2.2 points vs U.S.
- Rank
- 3 of 5148 states cost less
- Gap to U.S.
- +11.57 ¢$3,594.03 a month
- Peak year
- 202419.70 ¢; 2016 low 13.48 ¢
- Sales
- 0.6 TWh8.3% of state sales
- Industrial accounts
- 1,6491.51 per 1,000 residents
- Use per account
- 31,063 kWh/mo372,760 a year
- Implied monthly bill
- $6,119+$3,594 against U.S. rate
Data tables
Rhode Island, industrial: price by year
| Year | Rhode Island | U.S. | Change | Gap | Ratio |
|---|---|---|---|---|---|
| 2015 | 13.76 | 6.91 | No data | +6.85 | 1.991 |
| 2016 | 13.48 | 6.76 | -2.0% | +6.72 | 1.994 |
| 2017 | 14.57 | 6.88 | +8.1% | +7.69 | 2.118 |
| 2018 | 15.39 | 6.92 | +5.6% | +8.47 | 2.224 |
| 2019 | 15.59 | 6.81 | +1.3% | +8.78 | 2.289 |
| 2020 | 15.76 | 6.67 | +1.1% | +9.09 | 2.363 |
| 2021 | 16.06 | 7.18 | +1.9% | +8.88 | 2.237 |
| 2022 | 17.96 | 8.32 | +11.8% | +9.64 | 2.159 |
| 2023 | 18.98 | 8.04 | +5.7% | +10.94 | 2.361 |
| 2024 | 19.70 | 8.13 | +3.8% | +11.57 | 2.423 |
Rhode Island industrial: cost by use
| Monthly kWh | Rhode Island cost a month | Gap to U.S. rate in Rhode Island |
|---|---|---|
| 7,770 (0.25x the Rhode Island account) | $1,530.69 | +$898.99 |
| 15,530 (0.5x the Rhode Island account) | $3,059.41 | +$1,796.82 |
| 31,060 (1x the Rhode Island account) | $6,118.82 | +$3,593.64 |
| 46,590 (1.5x the Rhode Island account) | $9,178.23 | +$5,390.46 |
| 62,130 (2x the Rhode Island account) | $12,239.61 | +$7,188.44 |
| 124,250 (4x the Rhode Island account) | $24,477.25 | +$14,375.72 |
Rhode Island: the three sectors measured against industrial
| Sector | Rhode Island price ¢/kWh | Price vs industrial | Rhode Island kWh per account a month | Use vs industrial | Rhode Island revenue share | Rhode Island kWh share |
|---|---|---|---|---|---|---|
| Residential | 28.65 | 1.45x | 567 | 0.02x | 49.9% | 42.1% |
| Commercial | 21.09 | 1.07x | 4,878 | 0.16x | 43.3% | 49.6% |
| Industrial (this page) | 19.70 | 1.00x | 31,063 | 1.00x | 6.8% | 8.3% |
Questions on Rhode Island industrial
How much per kWh do Rhode Island industrial customers pay: 19.70 cents on average?
19.70 cents in 2024, +142.3% against the U.S. rate.
Is Rhode Island cheap or costly for industrial power?
3rd of 51, with 48 places charging less.
What is the nine-year price trend for Rhode Island industrial power?
13.76 to 19.70 cents: +43.2% in total, +4.1% a year.
What is a typical monthly industrial bill in Rhode Island?
31,063 kWh at 19.70 cents, price times use, comes to $6,119.
How many industrial electricity accounts does Rhode Island have?
1,649 accounts, or 1.51 per 1,000 residents.
When were Rhode Island industrial prices highest since 2015?
2024 at 19.70 cents; the low was 13.48 cents in 2016.
What did Rhode Island industrial electricity cost in 2025?
Rhode Island averaged 21.74 cents per kWh, +10.4% against 19.70 in 2024, and 2 of 51 among states.
Are Rhode Island industrial electricity prices rising in 2026?
Rhode Island is -6.5 points against the U.S.: 21.86 cents from January to July 2026, -0.7% on 2025.
When in 2025 did Rhode Island industrial power cost most, February or June?
February at 27.68 cents in Rhode Island; June was the lowest at 18.61, a 49% spread.
Does Rhode Island industrial power cost more than the national average in 2026?
12.83 cents above the national average; Rhode Island 21.86 cents over January to July 2026, -0.7% on 2025.
More on Rhode Island industrial
- Rhode Island state hub3 utilities, 476 accounts per 1,000
- Rhode Island residential rates28.65 ¢, rank 5 of 51
- Rhode Island commercial rates21.09 ¢, rank 5 of 51