Electricity price report, August 2023
New Hampshire went from 28.96 cents in July 2023 to 26.13 in August 2023. The U.S. average moved +0.3% over the same month. Highest: Hawaii at 39.77 cents. Lowest: Louisiana at 11.06. Source: EIA data for August 2023, retrieved 2 Oct 2026.
Biggest movers in August 2023
Missouri rose most (+21.4%) and Louisiana moved least or fell most (-14.5%). 42 of 51 states are above 2022 annual average, and 20 are up more than 10%.
| State | Change vs 2022 annual average | August 2023 ¢/kWh | 2022 annual average ¢/kWh |
|---|---|---|---|
| Missouri | +21.4% | 14.25 | 11.74 |
| Nevada | +19.6% | 16.48 | 13.78 |
| District of Columbia | +16.2% | 16.48 | 14.18 |
| California | +16.0% | 29.97 | 25.84 |
| Iowa | +15.4% | 15.17 | 13.15 |
What August 2023 prices mean for your bill
- August 2023: choose a state and kWh.
August 2023: energy only (price times kWh), no fixed charges or taxes.
Price path in 2023
U.S. average 15.91 cents, +0.3% on July 2023. At 1,136 kWh the energy bill is $181.
8 rows from EIA retail sales, monthly, residential.
CSVWhere prices changed, August 2023 against 2022 annual average
- -14.5% to +1.8%
- +1.8% to +6.2%
- +6.2% to +10.0%
- +10.0% to +13.5%
- +13.5% to +21.4%
August 2023: darker = bigger rise.
Nine regions in August 2023
New England paid the most at 27.11 cents and East South Central the least at 12.79, sales-weighted from the state series.
| Census division | August 2023 ¢/kWh | vs July 2023 | vs 2022 annual average |
|---|---|---|---|
| New England | 27.11 | +1.0% | no data |
| Pacific | 24.48 | +3.4% | no data |
| Middle Atlantic | 19.74 | +0.2% | no data |
| East North Central | 15.72 | -2.4% | no data |
| South Atlantic | 14.28 | +0.3% | no data |
| West North Central | 14.21 | -0.7% | no data |
| Mountain | 13.92 | -0.8% | no data |
| West South Central | 13.56 | +1.6% | no data |
| East South Central | 12.79 | -1.8% | no data |
All 51 states, August 2023
| Alabama | 14.19 | 27 | -2.0% | -0.4% | 1,571 | $223 |
|---|---|---|---|---|---|---|
| Alaska | 25.14 | 8 | +0.7% | +8.8% | 495 | $124 |
| Arizona | 13.83 | 32 | -2.1% | +6.2% | 1,728 | $239 |
| Arkansas | 12.47 | 43 | -0.5% | +3.5% | 1,480 | $185 |
| California | 29.97 | 2 | +1.7% | +16.0% | 673 | $202 |
| Colorado | 14.45 | 23 | +2.2% | +1.8% | 891 | $129 |
| Connecticut | 27.94 | 4 | +4.9% | +13.5% | 814 | $228 |
| Delaware | 15.66 | 18 | +3.8% | +14.2% | 1,144 | $179 |
| District of Columbia | 16.48 | 15 | -0.8% | +16.2% | 773 | $127 |
| Florida | 14.89 | 22 | -0.3% | +7.1% | 1,521 | $226 |
| Georgia | 14.12 | 30 | -1.5% | +2.3% | 1,459 | $206 |
| Hawaii | 39.77 | 1 | +0.2% | -7.6% | 538 | $214 |
| Idaho | 11.56 | 49 | -1.7% | +11.5% | 974 | $113 |
| Illinois | 13.74 | 33 | -7.2% | -12.2% | 894 | $123 |
| Indiana | 14.17 | 28 | -2.1% | -2.9% | 1,079 | $153 |
| Iowa | 15.17 | 21 | 0.0% | +15.4% | 1,005 | $152 |
| Kansas | 13.35 | 35 | -1.0% | -4.6% | 1,304 | $174 |
| Kentucky | 12.33 | 45 | -1.4% | -4.5% | 1,245 | $154 |
| Louisiana | 11.06 | 51 | -1.8% | -14.5% | 1,889 | $209 |
| Maine | 25.37 | 7 | -8.5% | +13.1% | 601 | $152 |
| Maryland | 16.39 | 17 | +2.3% | +13.3% | 1,082 | $177 |
| Massachusetts | 28.02 | 3 | +2.2% | +7.9% | 704 | $197 |
| Michigan | 19.57 | 11 | +0.7% | +9.6% | 680 | $133 |
| Minnesota | 15.61 | 20 | +0.1% | +9.5% | 872 | $136 |
| Mississippi | 12.70 | 40 | -0.9% | +2.3% | 1,705 | $217 |
| Missouri | 14.25 | 25 | -1.2% | +21.4% | 1,272 | $181 |
| Montana | 12.93 | 39 | -1.1% | +14.1% | 872 | $113 |
| Nebraska | 12.19 | 46 | -1.3% | +13.0% | 1,164 | $142 |
| Nevada | 16.48 | 16 | +1.1% | +19.6% | 1,347 | $222 |
| New Hampshire | 26.13 | 5 | -9.8% | +2.6% | 676 | $177 |
| New Jersey | 18.51 | 12 | +0.5% | +10.6% | 880 | $163 |
| New Mexico | 14.41 | 24 | +0.1% | +4.1% | 909 | $131 |
| New York | 22.26 | 9 | -0.1% | +0.8% | 723 | $161 |
| North Carolina | 12.70 | 41 | +2.5% | +9.3% | 1,291 | $164 |
| North Dakota | 12.55 | 42 | -0.6% | +14.9% | 925 | $116 |
| Ohio | 15.63 | 19 | -0.6% | +12.9% | 978 | $153 |
| Oklahoma | 13.10 | 36 | +6.8% | +5.3% | 1,570 | $206 |
| Oregon | 13.02 | 38 | -1.1% | +14.0% | 922 | $120 |
| Pennsylvania | 17.89 | 13 | -0.3% | +12.2% | 924 | $165 |
| Rhode Island | 25.54 | 6 | +5.1% | +10.0% | 713 | $182 |
| South Carolina | 13.41 | 34 | +1.5% | -1.3% | 1,449 | $194 |
| South Dakota | 13.07 | 37 | -1.7% | +8.1% | 1,071 | $140 |
| Tennessee | 11.93 | 47 | -2.4% | -2.6% | 1,423 | $170 |
| Texas | 14.17 | 29 | +1.6% | +3.0% | 1,822 | $258 |
| Utah | 11.67 | 48 | -0.3% | +7.7% | 1,029 | $120 |
| Vermont | 20.47 | 10 | +0.1% | +2.7% | 560 | $115 |
| Virginia | 13.85 | 31 | -0.2% | +3.8% | 1,264 | $175 |
| Washington | 11.14 | 50 | -0.1% | +8.6% | 858 | $96 |
| West Virginia | 14.20 | 26 | +0.9% | +7.3% | 1,061 | $151 |
| Wisconsin | 17.19 | 14 | +1.0% | +10.1% | 779 | $134 |
| Wyoming | 12.45 | 44 | -0.3% | +12.3% | 755 | $94 |
Sources
| Source | Data period | Retrieved | Used for |
|---|---|---|---|
| EIA retail sales, August 2023 | August 2023 | 1 Oct 2026 | August 2023 prices, sales, accounts |
| EIA retail sales, 2022 average | 2022 | 1 Oct 2026 | Base for August 2023 |
August 2023 price = revenue over kWh for homes. Data sources.
Keep going
July 2023 | September 2023 | All monthly reports
August in other years: August 2025, August 2024.
Questions
What was the average U.S. electricity price in August 2023?
15.91 cents per kWh for homes.
Which state had the highest electricity price in August 2023?
Hawaii at 39.77 cents per kWh; the lowest was Louisiana at 11.06.
How did prices change from 2022 annual average?
The U.S. average moved +5.8%, from 15.04 to 15.91 cents. 42 of 51 states were higher. For August 2023 the base is the 2022 annual average.
Which state's price rose most in August 2023?
Missouri: +21.4% against 2022 annual average, to 14.25 cents.
Which state's price fell most or rose least in August 2023?
Louisiana: -14.5% against 2022 annual average, at 11.06 cents.
What did a typical home pay in August 2023?
About $181 for 1,136 kWh at 15.91 cents, energy only.
What is the median state price in August 2023?
14.20 cents across 51 states, against 15.91 cents for the U.S.
Why does August 2023 differ from the annual price?
August 2023 follows the season; the 2025 annual average was 17.30 cents.
Are the August 2023 numbers final?
EIA can revise August 2023; we retrieved it on 2 Oct 2026.