Electricity price report, February 2024
North Carolina went from 12.84 cents in January 2024 to 14.88 in February 2024. The U.S. average moved +4.5% over the same month. Highest: Hawaii at 44.09 cents. Lowest: Nebraska at 10.47. Source: EIA data for February 2024, retrieved 2 Oct 2026.
Biggest movers in February 2024
Oregon rose most (+16.9%) and New Hampshire moved least or fell most (-24.0%). 26 of 51 states are above February 2023, and 4 are up more than 10%.
| State | Change vs February 2023 | February 2024 ¢/kWh | February 2023 ¢/kWh |
|---|---|---|---|
| Oregon | +16.9% | 14.32 | 12.25 |
| North Carolina | +16.7% | 14.88 | 12.75 |
| California | +15.3% | 31.41 | 27.25 |
| Wyoming | +12.7% | 11.56 | 10.26 |
| Arizona | +9.8% | 14.41 | 13.12 |
| State | Change vs February 2023 | February 2024 ¢/kWh | February 2023 ¢/kWh |
|---|---|---|---|
| New Hampshire | -24.0% | 23.56 | 30.98 |
| Connecticut | -14.2% | 29.51 | 34.38 |
| Indiana | -12.7% | 14.07 | 16.12 |
| Louisiana | -11.6% | 11.39 | 12.88 |
| Massachusetts | -10.0% | 29.32 | 32.56 |
What February 2024 prices mean for your bill
- February 2024: choose a state and kWh.
February 2024: energy only (price times kWh), no fixed charges or taxes.
The year so far: 2024 against 2023
U.S. average 16.10 cents, +4.5% on January 2024. At 813 kWh the energy bill is $131.
12 rows from EIA retail sales, monthly, residential.
CSVWhere prices changed, February 2024 against February 2023
- -24.0% to -4.5%
- -4.5% to -0.8%
- -0.8% to +3.8%
- +3.8% to +7.2%
- +7.2% to +16.9%
February 2024: darker = bigger rise.
Nine regions in February 2024
New England paid the most at 27.97 cents and West North Central the least at 12.26, sales-weighted from the state series.
| Census division | February 2024 ¢/kWh | vs January 2024 | vs February 2023 |
|---|---|---|---|
| New England | 27.97 | +1.9% | -10.6% |
| Pacific | 22.74 | +5.4% | +14.7% |
| Middle Atlantic | 20.01 | +2.1% | -1.2% |
| East North Central | 16.03 | +2.7% | -1.5% |
| South Atlantic | 14.67 | +6.0% | +0.8% |
| Mountain | 13.62 | +2.5% | +4.8% |
| West South Central | 13.48 | +2.4% | -3.0% |
| East South Central | 12.94 | +1.3% | -3.4% |
| West North Central | 12.26 | +5.1% | +1.9% |
All 51 states, February 2024
| Alabama | 15.09 | 22 | +4.2% | -1.6% | 1,073 | $162 |
|---|---|---|---|---|---|---|
| Alaska | 23.00 | 9 | -3.8% | +0.3% | 707 | $163 |
| Arizona | 14.41 | 27 | +2.5% | +9.8% | 706 | $102 |
| Arkansas | 11.94 | 40 | +5.9% | -0.4% | 1,133 | $135 |
| California | 31.41 | 2 | +6.0% | +15.3% | 451 | $142 |
| Colorado | 14.48 | 25 | +1.8% | +1.8% | 607 | $88 |
| Connecticut | 29.51 | 4 | +7.9% | -14.2% | 681 | $201 |
| Delaware | 15.83 | 18 | +1.3% | +5.5% | 985 | $156 |
| District of Columbia | 17.15 | 15 | +1.6% | +9.2% | 645 | $111 |
| Florida | 15.24 | 21 | +3.5% | -3.7% | 864 | $132 |
| Georgia | 12.92 | 36 | +5.3% | -4.5% | 988 | $128 |
| Hawaii | 44.09 | 1 | -0.8% | -0.3% | 435 | $192 |
| Idaho | 11.18 | 48 | +4.4% | +9.7% | 1,027 | $115 |
| Illinois | 15.60 | 20 | +5.6% | -8.4% | 614 | $96 |
| Indiana | 14.07 | 29 | +2.7% | -12.7% | 935 | $132 |
| Iowa | 12.07 | 38 | +2.5% | +3.3% | 840 | $101 |
| Kansas | 13.60 | 34 | +5.3% | -5.9% | 740 | $101 |
| Kentucky | 12.47 | 37 | +1.9% | -1.3% | 1,090 | $136 |
| Louisiana | 11.39 | 45 | +4.2% | -11.6% | 1,070 | $122 |
| Maine | 24.80 | 6 | -9.5% | -5.8% | 644 | $160 |
| Maryland | 17.58 | 13 | +0.7% | +8.4% | 974 | $171 |
| Massachusetts | 29.32 | 5 | +3.4% | -10.0% | 594 | $174 |
| Michigan | 18.72 | 11 | +1.2% | +4.1% | 569 | $107 |
| Minnesota | 14.58 | 24 | +2.4% | +7.0% | 724 | $106 |
| Mississippi | 13.15 | 35 | +3.9% | -3.1% | 1,148 | $151 |
| Missouri | 11.27 | 47 | +5.7% | -0.8% | 987 | $111 |
| Montana | 11.95 | 39 | -0.2% | -0.1% | 1,097 | $131 |
| Nebraska | 10.47 | 51 | +8.6% | +3.1% | 941 | $99 |
| Nevada | 16.69 | 17 | +2.0% | -2.1% | 614 | $103 |
| New Hampshire | 23.56 | 8 | -5.2% | -24.0% | 654 | $154 |
| New Jersey | 17.65 | 12 | -1.0% | +4.0% | 575 | $101 |
| New Mexico | 13.73 | 33 | +5.0% | -0.1% | 587 | $81 |
| New York | 24.30 | 7 | +3.4% | +0.5% | 564 | $137 |
| North Carolina | 14.88 | 23 | +15.9% | +16.7% | 994 | $148 |
| North Dakota | 10.53 | 50 | +5.8% | +5.2% | 1,177 | $124 |
| Ohio | 15.67 | 19 | +1.3% | +7.2% | 845 | $132 |
| Oklahoma | 11.09 | 49 | +6.2% | -2.2% | 920 | $102 |
| Oregon | 14.32 | 28 | +2.9% | +16.9% | 980 | $140 |
| Pennsylvania | 17.27 | 14 | -0.6% | -5.8% | 848 | $146 |
| Rhode Island | 31.17 | 3 | -0.6% | +7.2% | 551 | $172 |
| South Carolina | 13.94 | 31 | +5.0% | -0.9% | 970 | $135 |
| South Dakota | 11.90 | 41 | +5.0% | +3.8% | 1,128 | $134 |
| Tennessee | 11.81 | 42 | -0.5% | -5.8% | 1,341 | $158 |
| Texas | 14.48 | 26 | +0.9% | -1.6% | 922 | $134 |
| Utah | 11.51 | 44 | +1.8% | +6.7% | 672 | $77 |
| Vermont | 21.06 | 10 | +1.2% | +3.8% | 633 | $133 |
| Virginia | 13.80 | 32 | +3.5% | -3.6% | 1,094 | $151 |
| Washington | 11.38 | 46 | +2.8% | +6.3% | 1,142 | $130 |
| West Virginia | 13.95 | 30 | +2.4% | +3.0% | 1,160 | $162 |
| Wisconsin | 16.98 | 16 | +2.8% | +4.0% | 612 | $104 |
| Wyoming | 11.56 | 43 | +5.3% | +12.7% | 1,012 | $117 |
Sources
| Source | Data period | Retrieved | Used for |
|---|---|---|---|
| EIA retail sales, February 2024 | February 2024 | 1 Oct 2026 | February 2024 prices, sales, accounts |
February 2024 price = revenue over kWh for homes. Data sources.
Keep going
January 2024 | March 2024 | All monthly reports
February in other years: February 2025, February 2026, February 2023.
February 2024 in the 2026 year to date | All reference pages
Questions
What was the average U.S. electricity price in February 2024?
16.10 cents per kWh for homes.
Which state had the highest electricity price in February 2024?
Hawaii at 44.09 cents per kWh; the lowest was Nebraska at 10.47.
How did prices change from February 2023?
The U.S. average moved +0.8%, from 15.98 to 16.10 cents. 26 of 51 states were higher.
Which state's price rose most in February 2024?
Oregon: +16.9% against February 2023, to 14.32 cents.
Which state's price fell most or rose least in February 2024?
New Hampshire: -24.0% against February 2023, at 23.56 cents.
What did a typical home pay in February 2024?
About $131 for 813 kWh at 16.10 cents, energy only.
What is the median state price in February 2024?
14.48 cents across 51 states, against 16.10 cents for the U.S.
Why does February 2024 differ from the annual price?
February 2024 follows the season; the 2025 annual average was 17.30 cents.
Are the February 2024 numbers final?
EIA can revise February 2024; we retrieved it on 2 Oct 2026.