Electric Consumer

Editor: Katerine G., Editor & Data Researcher · Research & publishing: Electric Consumer Editorial Team · Data retrieved · Sources named on this page: EIA retail sales · How we got these numbers · Report an error

Electricity price report, March 2023

16.04 ¢Connecticut moved most: +34.3% against 2022 annual average.

Connecticut paid 33.06 cents in March 2023, up from 24.61. The national average is 16.04 cents, +6.6% on 2022 annual average. Highest: Hawaii at 44.06 cents. Lowest: North Dakota at 9.75. Source: EIA data for March 2023, retrieved 2 Oct 2026.

Where prices changed, March 2023 against 2022 annual average

Home electricity price change, March 2023 against 2022 annual averageNew Mexico: -5.7%Texas: +6.2%Kentucky: -4.9%Ohio: +7.5%Georgia: -2.2%Arkansas: +1.3%Oregon: +7.0%Pennsylvania: +13.7%Missouri: -2.4%North Carolina: +9.0%Utah: +0.2%Virginia: +10.0%Wyoming: -3.7%West Virginia: +7.6%New York: -3.9%Indiana: +9.8%Kansas: -1.9%Idaho: -3.3%Nevada: +24.2%Illinois: +11.1%Vermont: +2.3%New Jersey: +2.3%Minnesota: -2.2%Maryland: +9.6%Iowa: -8.8%Hawaii: +2.4%New Hampshire: +18.8%Rhode Island: +20.2%Connecticut: +34.3%Montana: +7.1%Arizona: +4.6%Nebraska: -2.9%Washington: +5.2%South Dakota: -5.6%California: +17.6%Alabama: +2.9%Wisconsin: +5.4%Mississippi: +11.2%Colorado: -2.7%Oklahoma: -5.9%Tennessee: +1.2%Louisiana: -8.2%Michigan: +2.1%Massachusetts: +26.0%Florida: +5.4%Alaska: +1.5%North Dakota: -10.7%South Carolina: +1.8%Maine: +30.9%Delaware: +11.8%District of Columbia: +13.3%
  • -10.7% to -2.9%
  • -2.9% to +1.8%
  • +1.8% to +7.0%
  • +7.0% to +11.8%
  • +11.8% to +34.3%

March 2023: darker = bigger rise.

Biggest movers in March 2023

Connecticut rose most (+34.3%) and North Dakota moved least or fell most (-10.7%). 35 of 51 states are above 2022 annual average, and 12 are up more than 10%.

March 2023: Biggest rises, March 2023
StateChange vs 2022 annual averageMarch 2023 ¢/kWh2022 annual average ¢/kWh
Connecticut+34.3%33.0624.61
Maine+30.9%29.3722.44
Massachusetts+26.0%32.7225.97
Nevada+24.2%17.1113.78
Rhode Island+20.2%27.9123.21
March 2023: Smallest rises or falls, March 2023
StateChange vs 2022 annual averageMarch 2023 ¢/kWh2022 annual average ¢/kWh
North Dakota-10.7%9.7510.92
Iowa-8.8%11.9913.15
Louisiana-8.2%11.8712.93
Oklahoma-5.9%11.7112.44
New Mexico-5.7%13.0513.84

Price path in 2023

U.S. average 16.04 cents, +0.4% on February 2023. At 781 kWh the energy bill is $125.

3 rows from EIA retail sales, monthly, residential.

CSV

Nine regions in March 2023

New England paid the most at 31.25 cents and West North Central the least at 12.12, sales-weighted from the state series.

March 2023: Census divisions, sales-weighted home price
Census divisionMarch 2023 ¢/kWhvs February 2023vs 2022 annual average
New England31.25-0.0%no data
Pacific21.54+8.7%no data
Middle Atlantic19.09-5.8%no data
East North Central16.45+1.1%no data
South Atlantic14.20-2.4%no data
West South Central13.75-1.0%no data
East South Central13.17-1.7%no data
Mountain13.04+0.2%no data
West North Central12.12+0.7%no data

What March 2023 prices mean for your bill

  • March 2023: choose a state and kWh.

March 2023: energy only (price times kWh), no fixed charges or taxes.

All 51 states, March 2023

March 2023 state prices
Alabama14.6722-4.4%+2.9%918$135
Alaska23.458+2.3%+1.5%665$156
Arizona13.6232+3.8%+4.6%734$100
Arkansas12.2139+1.8%+1.3%878$107
California30.394+11.5%+17.6%451$137
Colorado13.8029-3.0%-2.7%653$90
Connecticut33.062-3.8%+34.3%646$213
Delaware15.3320+2.1%+11.8%913$140
District of Columbia16.0617+2.3%+13.3%567$91
Florida14.6524-7.4%+5.4%944$138
Georgia13.4933-0.3%-2.2%861$116
Hawaii44.061-0.4%+2.4%484$213
Idaho10.0350-1.6%-3.3%1,114$112
Illinois17.3813+2.1%+11.1%613$106
Indiana16.0218-0.6%+9.8%849$136
Iowa11.9941+2.6%-8.8%895$107
Kansas13.7231-5.1%-1.9%717$98
Kentucky12.2837-2.8%-4.9%938$115
Louisiana11.8742-7.8%-8.2%932$111
Maine29.376+11.6%+30.9%635$187
Maryland15.8519-2.3%+9.6%904$143
Massachusetts32.723+0.5%+26.0%550$180
Michigan18.2311+1.3%+2.1%602$110
Minnesota13.9427+2.3%-2.2%806$112
Mississippi13.8030+1.7%+11.2%907$125
Missouri11.4644+0.9%-2.4%941$108
Montana12.1340+1.4%+7.1%1,091$132
Nebraska10.4849+3.1%-2.9%1,064$112
Nevada17.1115+0.4%+24.2%659$113
New Hampshire30.255-2.4%+18.8%614$186
New Jersey17.1214+0.9%+2.3%555$95
New Mexico13.0534-5.1%-5.7%574$75
New York21.219-12.3%-3.9%538$114
North Carolina12.6735-0.6%+9.0%904$115
North Dakota9.7551-2.6%-10.7%1,400$136
Ohio14.8921+1.8%+7.5%850$127
Oklahoma11.7143+3.3%-5.9%873$102
Oregon12.2238-0.2%+7.0%1,111$136
Pennsylvania18.1312-1.1%+13.7%824$149
Rhode Island27.917-4.0%+20.2%538$150
South Carolina13.8328-1.6%+1.8%849$117
South Dakota11.4145-0.4%-5.6%1,212$138
Tennessee12.4036-1.1%+1.2%958$119
Texas14.6125-0.7%+6.2%859$126
Utah10.8646+0.6%+0.2%716$78
Vermont20.3810+0.5%+2.3%592$121
Virginia14.6723+2.4%+10.0%956$140
Washington10.7947+0.7%+5.2%1,236$133
West Virginia14.2326+5.0%+7.6%1,107$157
Wisconsin16.4716+0.9%+5.4%673$111
Wyoming10.6848+4.1%-3.7%1,109$118

Download March 2023 CSV

Sources

March 2023 sources
SourceData periodRetrievedUsed for
EIA retail sales, March 2023March 20231 Oct 2026March 2023 prices, sales, accounts
EIA retail sales, 2022 average20221 Oct 2026Base for March 2023

March 2023 price = revenue over kWh for homes. Data sources.

Keep going

February 2023 | April 2023 | All monthly reports

March in other years: March 2024, March 2026, March 2025.

March 2023 in the 2026 year to date | All reference pages

Questions

What was the average U.S. electricity price in March 2023?

16.04 cents per kWh for homes.

Which state had the highest electricity price in March 2023?

Hawaii at 44.06 cents per kWh; the lowest was North Dakota at 9.75.

How did prices change from 2022 annual average?

The U.S. average moved +6.6%, from 15.04 to 16.04 cents. 35 of 51 states were higher. For March 2023 the base is the 2022 annual average.

Which state's price rose most in March 2023?

Connecticut: +34.3% against 2022 annual average, to 33.06 cents.

Which state's price fell most or rose least in March 2023?

North Dakota: -10.7% against 2022 annual average, at 9.75 cents.

What did a typical home pay in March 2023?

About $125 for 781 kWh at 16.04 cents, energy only.

What is the median state price in March 2023?

14.23 cents across 51 states, against 16.04 cents for the U.S.

Why does March 2023 differ from the annual price?

March 2023 follows the season; the 2025 annual average was 17.30 cents.

Are the March 2023 numbers final?

EIA can revise March 2023; we retrieved it on 2 Oct 2026.

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16.04 ¢ Connecticut moved most: +34.3% against 2022 annual average.