Wisconsin residential electricity rates

Analyst note

The Wisconsin residential price sat above the U.S. average in 10 of 10 years; the gap was +1.46 ¢ in 2015 and +0.70 ¢ in 2024. In the 2024 ranking Wisconsin sits between District of Columbia (17.71 ¢) one place above and Delaware (16.57 ¢) one place below; the top of the list is 25.68 ¢ away and the bottom 5.67 ¢. Wisconsin was 13th in 2015 with 14.11 ¢ and is 16th now; a fall in the table. Wisconsin residential prices rose in 7 of 9 years. The largest rise was +8.1% in 2023, and the largest fall -2.3% in 2018. The Wisconsin price peaked at 17.18 ¢ in 2024 and bottomed at 14.02 ¢ in 2018; 2024 is the peak and +22.5% from the low. Compounded, that is +2.21% a year in Wisconsin, -0.77 points against the U.S. Wisconsin buys 1.48% of all U.S. residential electricity with 1.99% of the accounts, so the average Wisconsin account uses 0.75 times the national average.

A middle price: 17.18 ¢/kWh for Wisconsin residential accounts, rank 16 of 51, +4.2% against the U.S. Wisconsin: +21.8% over nine years, or +2.2% a year, trailing the national +30.3% by 8.5 points; 2023 was the biggest single move (+8.1%) and 2024 the high.

Last year's change in Wisconsin was +1.8% and still rising. Against the commercial price of 12.63 ¢ the gap is 4.55 ¢. Residential sales are 32.2% of Wisconsin electricity sold, and an average Wisconsin account used 645 kWh a month, an implied bill near $111.

Counting revenue instead of kWh, Wisconsin residential accounts bring in 43.5% of Wisconsin sector revenue on 32.2% of the kWh, a premium of 11.3 points that comes from the price level: 17.18 ¢ here against 12.63 ¢ for commercial and 8.54 ¢ for industrial accounts. The average Wisconsin residential account uses 645 kWh a month, 40 of 51 among states on that measure; a commercial account uses 8.15 times as much and a industrial account 517.16 times. Residential accounts are 88.35% of the 3,219,046 accounts in Wisconsin.