Electricity price report, January 2023
Hawaii came in at 44.96 cents and Nebraska at 9.27. The U.S. average was 15.47 cents, +2.9% on 2022 annual average. Highest: Hawaii at 44.96 cents. Lowest: Nebraska at 9.27. Source: EIA data for January 2023, retrieved 2 Oct 2026.
All 51 states, January 2023
| Alabama | 14.41 | 21 | no data | +1.1% | 1,196 | $172 |
|---|---|---|---|---|---|---|
| Alaska | 21.73 | 9 | no data | -5.9% | 781 | $170 |
| Arizona | 12.63 | 35 | no data | -3.0% | 897 | $113 |
| Arkansas | 11.42 | 41 | no data | -5.2% | 1,247 | $142 |
| California | 26.47 | 6 | no data | +2.4% | 574 | $152 |
| Colorado | 14.11 | 25 | no data | -0.6% | 725 | $102 |
| Connecticut | 30.29 | 4 | no data | +23.1% | 759 | $230 |
| Delaware | 14.25 | 24 | no data | +3.9% | 1,030 | $147 |
| District of Columbia | 14.96 | 19 | no data | +5.5% | 686 | $103 |
| Florida | 14.89 | 20 | no data | +7.1% | 998 | $149 |
| Georgia | 12.81 | 33 | no data | -7.2% | 1,109 | $142 |
| Hawaii | 44.96 | 1 | no data | +4.5% | 520 | $234 |
| Idaho | 10.51 | 47 | no data | +1.4% | 1,278 | $134 |
| Illinois | 15.99 | 16 | no data | +2.2% | 721 | $115 |
| Indiana | 15.43 | 18 | no data | +5.8% | 1,036 | $160 |
| Iowa | 11.38 | 42 | no data | -13.5% | 1,068 | $122 |
| Kansas | 12.73 | 34 | no data | -9.0% | 953 | $121 |
| Kentucky | 12.83 | 32 | no data | -0.6% | 1,197 | $154 |
| Louisiana | 11.98 | 39 | no data | -7.3% | 1,228 | $147 |
| Maine | 24.08 | 7 | no data | +7.3% | 652 | $157 |
| Maryland | 15.98 | 17 | no data | +10.5% | 1,036 | $166 |
| Massachusetts | 32.19 | 2 | no data | +24.0% | 631 | $203 |
| Michigan | 18.16 | 11 | no data | +1.7% | 654 | $119 |
| Minnesota | 13.25 | 29 | no data | -7.0% | 913 | $121 |
| Mississippi | 12.98 | 31 | no data | +4.6% | 1,231 | $160 |
| Missouri | 10.54 | 46 | no data | -10.2% | 1,226 | $129 |
| Montana | 11.89 | 40 | no data | +4.9% | 1,264 | $150 |
| Nebraska | 9.27 | 51 | no data | -14.1% | 1,329 | $123 |
| Nevada | 16.80 | 14 | no data | +21.9% | 768 | $129 |
| New Hampshire | 31.68 | 3 | no data | +24.4% | 693 | $220 |
| New Jersey | 16.89 | 13 | no data | +0.9% | 619 | $105 |
| New Mexico | 13.27 | 28 | no data | -4.1% | 700 | $93 |
| New York | 23.62 | 8 | no data | +7.0% | 607 | $143 |
| North Carolina | 12.37 | 36 | no data | +6.5% | 1,110 | $137 |
| North Dakota | 9.95 | 50 | no data | -8.9% | 1,536 | $153 |
| Ohio | 14.30 | 23 | no data | +3.2% | 958 | $137 |
| Oklahoma | 10.75 | 44 | no data | -13.6% | 1,148 | $123 |
| Oregon | 12.09 | 37 | no data | +5.9% | 1,199 | $145 |
| Pennsylvania | 18.02 | 12 | no data | +13.0% | 962 | $173 |
| Rhode Island | 28.94 | 5 | no data | +24.7% | 596 | $172 |
| South Carolina | 13.58 | 27 | no data | -0.1% | 1,105 | $150 |
| South Dakota | 11.19 | 43 | no data | -7.4% | 1,373 | $154 |
| Tennessee | 12.04 | 38 | no data | -1.7% | 1,355 | $163 |
| Texas | 14.36 | 22 | no data | +4.4% | 1,067 | $153 |
| Utah | 10.65 | 45 | no data | -1.8% | 784 | $84 |
| Vermont | 19.96 | 10 | no data | +0.2% | 671 | $134 |
| Virginia | 13.96 | 26 | no data | +4.6% | 1,233 | $172 |
| Washington | 10.49 | 48 | no data | +2.2% | 1,347 | $141 |
| West Virginia | 13.06 | 30 | no data | -1.3% | 1,315 | $172 |
| Wisconsin | 16.17 | 15 | no data | +3.5% | 743 | $120 |
| Wyoming | 10.24 | 49 | no data | -7.7% | 1,249 | $128 |
Where prices changed, January 2023 against 2022 annual average
- -14.1% to -7.0%
- -7.0% to -0.1%
- -0.1% to +3.9%
- +3.9% to +7.0%
- +7.0% to +24.7%
January 2023: darker = bigger rise.
Biggest movers in January 2023
Rhode Island rose most (+24.7%) and Nebraska moved least or fell most (-14.1%). 30 of 51 states are above 2022 annual average, and 7 are up more than 10%.
| State | Change vs 2022 annual average | January 2023 ¢/kWh | 2022 annual average ¢/kWh |
|---|---|---|---|
| Rhode Island | +24.7% | 28.94 | 23.21 |
| New Hampshire | +24.4% | 31.68 | 25.46 |
| Massachusetts | +24.0% | 32.19 | 25.97 |
| Connecticut | +23.1% | 30.29 | 24.61 |
| Nevada | +21.9% | 16.80 | 13.78 |
Nine regions in January 2023
New England paid the most at 29.94 cents and West North Central the least at 11.34, sales-weighted from the state series.
| Census division | January 2023 ¢/kWh | vs December 2022 | vs 2022 annual average |
|---|---|---|---|
| New England | 29.94 | no data | no data |
| Pacific | 19.91 | no data | no data |
| Middle Atlantic | 19.89 | no data | no data |
| East North Central | 15.80 | no data | no data |
| South Atlantic | 13.90 | no data | no data |
| West South Central | 13.38 | no data | no data |
| East South Central | 12.95 | no data | no data |
| Mountain | 12.81 | no data | no data |
| West North Central | 11.34 | no data | no data |
Price path in 2023
U.S. average 15.47 cents, no earlier month in the data. At 936 kWh the energy bill is $145.
1 rows from EIA retail sales, monthly, residential.
CSVWhat January 2023 prices mean for your bill
- January 2023: choose a state and kWh.
January 2023: energy only (price times kWh), no fixed charges or taxes.
Sources
| Source | Data period | Retrieved | Used for |
|---|---|---|---|
| EIA retail sales, January 2023 | January 2023 | 1 Oct 2026 | January 2023 prices, sales, accounts |
| EIA retail sales, 2022 average | 2022 | 1 Oct 2026 | Base for January 2023 |
January 2023 price = revenue over kWh for homes. Data sources.
Keep going
February 2023 | All monthly reports
January in other years: January 2025, January 2026, January 2024.
Questions
What was the average U.S. electricity price in January 2023?
15.47 cents per kWh for homes.
Which state had the highest electricity price in January 2023?
Hawaii at 44.96 cents per kWh; the lowest was Nebraska at 9.27.
How did prices change from 2022 annual average?
The U.S. average moved +2.9%, from 15.04 to 15.47 cents. 30 of 51 states were higher. For January 2023 the base is the 2022 annual average.
Which state's price rose most in January 2023?
Rhode Island: +24.7% against 2022 annual average, to 28.94 cents.
Which state's price fell most or rose least in January 2023?
Nebraska: -14.1% against 2022 annual average, at 9.27 cents.
What did a typical home pay in January 2023?
About $145 for 936 kWh at 15.47 cents, energy only.
What is the median state price in January 2023?
13.96 cents across 51 states, against 15.47 cents for the U.S.
Why does January 2023 differ from the annual price?
January 2023 follows the season; the 2025 annual average was 17.30 cents.
Are the January 2023 numbers final?
EIA can revise January 2023; we retrieved it on 2 Oct 2026.