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, May 2023

16.14 ¢Maine moved most: +30.1% against 2022 annual average.

Maine paid 29.19 cents in May 2023, up from 22.44. The national average is 16.14 cents, +7.3% on 2022 annual average. Highest: Hawaii at 42.26 cents. Lowest: Idaho at 10.72. Source: EIA data for May 2023, retrieved 2 Oct 2026.

Where prices changed, May 2023 against 2022 annual average

Home electricity price change, May 2023 against 2022 annual averageNew Mexico: -6.4%Texas: +6.5%Kentucky: -1.7%Ohio: +12.9%Georgia: +1.2%Arkansas: +2.2%Oregon: +13.9%Pennsylvania: +15.8%Missouri: +4.5%North Carolina: +11.0%Utah: +0.0%Virginia: +13.9%Wyoming: +7.3%West Virginia: +10.4%New York: -7.3%Indiana: +3.6%Kansas: -0.9%Idaho: +3.4%Nevada: +26.5%Illinois: +14.1%Vermont: +5.5%New Jersey: +2.3%Minnesota: +7.5%Maryland: +11.2%Iowa: +8.7%Hawaii: -1.8%New Hampshire: +20.2%Rhode Island: +15.6%Connecticut: +27.4%Montana: +12.9%Arizona: +9.8%Nebraska: +9.1%Washington: +8.8%South Dakota: +9.0%California: +15.4%Alabama: +2.1%Wisconsin: +11.6%Mississippi: +11.9%Colorado: +1.1%Oklahoma: -6.5%Tennessee: +0.2%Louisiana: -9.4%Michigan: +4.7%Massachusetts: +13.2%Florida: +8.6%Alaska: +7.8%North Dakota: +7.6%South Carolina: +2.9%Maine: +30.1%Delaware: +21.2%District of Columbia: +20.5%
  • -9.4% to +1.2%
  • +1.2% to +6.5%
  • +6.5% to +10.4%
  • +10.4% to +14.1%
  • +14.1% to +30.1%

May 2023: darker = bigger rise.

Biggest movers in May 2023

Maine rose most (+30.1%) and Louisiana moved least or fell most (-9.4%). 43 of 51 states are above 2022 annual average, and 20 are up more than 10%.

May 2023: Biggest rises, May 2023
StateChange vs 2022 annual averageMay 2023 ¢/kWh2022 annual average ¢/kWh
Maine+30.1%29.1922.44
Connecticut+27.4%31.3624.61
Nevada+26.5%17.4313.78
Delaware+21.2%16.6213.71
District of Columbia+20.5%17.0914.18
May 2023: Smallest rises or falls, May 2023
StateChange vs 2022 annual averageMay 2023 ¢/kWh2022 annual average ¢/kWh
Louisiana-9.4%11.7212.93
New York-7.3%20.4722.08
Oklahoma-6.5%11.6312.44
New Mexico-6.4%12.9613.84
Hawaii-1.8%42.2643.03

Price path in 2023

U.S. average 16.14 cents, +0.2% on April 2023. At 709 kWh the energy bill is $114.

5 rows from EIA retail sales, monthly, residential.

CSV

Nine regions in May 2023

New England paid the most at 29.47 cents and East South Central the least at 13.26, sales-weighted from the state series.

May 2023: Census divisions, sales-weighted home price
Census divisionMay 2023 ¢/kWhvs April 2023vs 2022 annual average
New England29.47-5.6%no data
Pacific22.57+3.6%no data
Middle Atlantic18.96+1.2%no data
East North Central16.86+1.8%no data
South Atlantic14.59-0.3%no data
Mountain13.89+3.8%no data
West South Central13.80+1.8%no data
West North Central13.40+5.9%no data
East South Central13.26+1.5%no data

What May 2023 prices mean for your bill

  • May 2023: choose a state and kWh.

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

All 51 states, May 2023

May 2023 state prices
Alabama14.5527+0.1%+2.1%933$136
Alaska24.918+6.3%+7.8%514$128
Arizona14.3029+1.3%+9.8%1,019$146
Arkansas12.3241-0.3%+2.2%792$98
California29.824+0.4%+15.4%391$117
Colorado14.3428+6.0%+1.1%575$82
Connecticut31.362-9.0%+27.4%536$168
Delaware16.6218+7.4%+21.2%597$99
District of Columbia17.0917+11.7%+20.5%486$83
Florida15.0924-4.0%+8.6%1,067$161
Georgia13.9632+5.4%+1.2%875$122
Hawaii42.261-2.1%-1.8%472$199
Idaho10.7251+5.3%+3.4%751$81
Illinois17.8613+0.2%+14.1%541$97
Indiana15.1223+0.3%+3.6%728$110
Iowa14.2930+13.2%+8.7%681$97
Kansas13.8634+2.0%-0.9%739$102
Kentucky12.6940-0.8%-1.7%822$104
Louisiana11.7247+4.6%-9.4%1,002$117
Maine29.196+2.0%+30.1%447$130
Maryland16.0819+1.0%+11.2%684$110
Massachusetts29.395-9.2%+13.2%450$132
Michigan18.7011+1.6%+4.7%518$97
Minnesota15.3221+4.1%+7.5%634$97
Mississippi13.8933-0.1%+11.9%894$124
Missouri12.2742+4.1%+4.5%819$100
Montana12.7939+4.3%+12.9%698$89
Nebraska11.7745+5.2%+9.1%781$92
Nevada17.4314-0.9%+26.5%838$146
New Hampshire30.603-0.6%+20.2%484$148
New Jersey17.1316-1.4%+2.3%504$86
New Mexico12.9637-3.5%-6.4%547$71
New York20.4710+3.3%-7.3%457$94
North Carolina12.9038-0.1%+11.0%787$101
North Dakota11.7546+14.3%+7.6%800$94
Ohio15.6320+4.1%+12.9%670$105
Oklahoma11.6348-4.4%-6.5%880$102
Oregon13.0136+3.7%+13.9%763$99
Pennsylvania18.4612+0.5%+15.8%625$115
Rhode Island26.847+14.0%+15.6%386$104
South Carolina13.9831+0.6%+2.9%859$120
South Dakota13.1835+10.6%+9.0%818$108
Tennessee12.2743+3.5%+0.2%862$106
Texas14.6525+2.0%+6.5%939$138
Utah10.84500.0%0.0%653$71
Vermont21.039+1.3%+5.5%459$97
Virginia15.1922+4.2%+13.9%716$109
Washington11.1649+1.9%+8.8%833$93
West Virginia14.6026+1.5%+10.4%771$113
Wisconsin17.4315+2.7%+11.6%544$95
Wyoming11.9044+6.3%+7.3%698$83

Download May 2023 CSV

Sources

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

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

Keep going

April 2023 | June 2023 | All monthly reports

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

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

Questions

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

16.14 cents per kWh for homes.

Which state had the highest electricity price in May 2023?

Hawaii at 42.26 cents per kWh; the lowest was Idaho at 10.72.

How did prices change from 2022 annual average?

The U.S. average moved +7.3%, from 15.04 to 16.14 cents. 43 of 51 states were higher. For May 2023 the base is the 2022 annual average.

Which state's price rose most in May 2023?

Maine: +30.1% against 2022 annual average, to 29.19 cents.

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

Louisiana: -9.4% against 2022 annual average, at 11.72 cents.

What did a typical home pay in May 2023?

About $114 for 709 kWh at 16.14 cents, energy only.

What is the median state price in May 2023?

14.60 cents across 51 states, against 16.14 cents for the U.S.

Why does May 2023 differ from the annual price?

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

Are the May 2023 numbers final?

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

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16.14 ¢ Maine moved most: +30.1% against 2022 annual average.