Electricity price report, May 2024
Maine paid 20.94 cents in May 2024, down from 29.19. The national average is 16.40 cents, +1.6% on May 2023. Highest: Hawaii at 44.28 cents. Lowest: Idaho at 11.48. Source: EIA data for May 2024, retrieved 2 Oct 2026.
Where prices changed, May 2024 against May 2023
- -28.3% to -1.0%
- -1.0% to +1.3%
- +1.3% to +4.6%
- +4.6% to +7.9%
- +7.9% to +16.2%
May 2024: darker = bigger rise.
Biggest movers in May 2024
Oregon rose most (+16.2%) and Maine moved least or fell most (-28.3%). 36 of 51 states are above May 2023, and 4 are up more than 10%.
| State | Change vs May 2023 | May 2024 ¢/kWh | May 2023 ¢/kWh |
|---|---|---|---|
| Oregon | +16.2% | 15.12 | 13.01 |
| California | +15.9% | 34.55 | 29.82 |
| New York | +15.7% | 23.68 | 20.47 |
| North Dakota | +11.5% | 13.10 | 11.75 |
| Maryland | +9.6% | 17.62 | 16.08 |
| State | Change vs May 2023 | May 2024 ¢/kWh | May 2023 ¢/kWh |
|---|---|---|---|
| Maine | -28.3% | 20.94 | 29.19 |
| New Hampshire | -24.5% | 23.11 | 30.60 |
| Connecticut | -14.7% | 26.75 | 31.36 |
| Florida | -9.8% | 13.61 | 15.09 |
| Illinois | -7.5% | 16.52 | 17.86 |
The year so far: 2024 against 2023
U.S. average 16.40 cents, -2.7% on April 2024. At 752 kWh the energy bill is $123.
12 rows from EIA retail sales, monthly, residential.
CSVNine regions in May 2024
New England paid the most at 26.48 cents and East South Central the least at 13.39, sales-weighted from the state series.
| Census division | May 2024 ¢/kWh | vs April 2024 | vs May 2023 |
|---|---|---|---|
| New England | 26.48 | -3.5% | -10.2% |
| Pacific | 25.60 | +2.4% | +13.4% |
| Middle Atlantic | 20.45 | +1.4% | +7.9% |
| East North Central | 17.02 | +0.2% | +0.9% |
| Mountain | 14.40 | +2.0% | +3.7% |
| South Atlantic | 14.35 | -3.6% | -1.6% |
| West South Central | 13.93 | -2.5% | +0.9% |
| West North Central | 13.64 | +3.3% | +1.8% |
| East South Central | 13.39 | -3.2% | +1.0% |
What May 2024 prices mean for your bill
- May 2024: choose a state and kWh.
May 2024: energy only (price times kWh), no fixed charges or taxes.
All 51 states, May 2024
| Alabama | 14.82 | 28 | -7.1% | +1.9% | 1,050 | $156 |
|---|---|---|---|---|---|---|
| Alaska | 25.15 | 6 | +0.6% | +1.0% | 500 | $126 |
| Arizona | 15.45 | 23 | +1.6% | +8.0% | 994 | $154 |
| Arkansas | 12.32 | 44 | -2.6% | 0.0% | 828 | $102 |
| California | 34.55 | 2 | +0.2% | +15.9% | 364 | $126 |
| Colorado | 14.52 | 30 | +0.2% | +1.3% | 566 | $82 |
| Connecticut | 26.75 | 5 | -9.6% | -14.7% | 567 | $152 |
| Delaware | 17.39 | 17 | -1.5% | +4.6% | 688 | $120 |
| District of Columbia | 17.84 | 15 | -0.5% | +4.4% | 541 | $96 |
| Florida | 13.61 | 37 | -7.0% | -9.8% | 1,178 | $160 |
| Georgia | 14.86 | 26 | +5.8% | +6.4% | 963 | $143 |
| Hawaii | 44.28 | 1 | -2.4% | +4.8% | 471 | $208 |
| Idaho | 11.48 | 51 | +1.0% | +7.1% | 743 | $85 |
| Illinois | 16.52 | 19 | +0.1% | -7.5% | 662 | $109 |
| Indiana | 15.26 | 24 | -0.5% | +0.9% | 765 | $117 |
| Iowa | 14.15 | 31 | +8.8% | -1.0% | 675 | $96 |
| Kansas | 14.00 | 32 | -1.6% | +1.0% | 734 | $103 |
| Kentucky | 12.93 | 41 | -0.5% | +1.9% | 891 | $115 |
| Louisiana | 11.61 | 48 | -4.9% | -0.9% | 1,069 | $124 |
| Maine | 20.94 | 10 | -2.6% | -28.3% | 518 | $108 |
| Maryland | 17.62 | 16 | -1.3% | +9.6% | 755 | $133 |
| Massachusetts | 28.77 | 3 | -2.5% | -2.1% | 498 | $143 |
| Michigan | 19.56 | 11 | +0.9% | +4.6% | 547 | $107 |
| Minnesota | 15.86 | 22 | +3.9% | +3.5% | 589 | $93 |
| Mississippi | 13.80 | 34 | -5.3% | -0.6% | 1,002 | $138 |
| Missouri | 12.46 | 43 | +0.9% | +1.5% | 815 | $102 |
| Montana | 13.24 | 39 | +5.9% | +3.5% | 705 | $93 |
| Nebraska | 11.96 | 47 | +3.3% | +1.6% | 744 | $89 |
| Nevada | 16.18 | 20 | -2.5% | -7.2% | 817 | $132 |
| New Hampshire | 23.11 | 8 | +1.2% | -24.5% | 500 | $116 |
| New Jersey | 18.57 | 12 | +0.6% | +8.4% | 573 | $106 |
| New Mexico | 13.63 | 36 | -1.3% | +5.2% | 558 | $76 |
| New York | 23.68 | 7 | +2.8% | +15.7% | 452 | $107 |
| North Carolina | 13.92 | 33 | -5.4% | +7.9% | 898 | $125 |
| North Dakota | 13.10 | 40 | +14.9% | +11.5% | 760 | $99 |
| Ohio | 16.56 | 18 | -0.6% | +6.0% | 705 | $117 |
| Oklahoma | 11.49 | 49 | -6.1% | -1.2% | 934 | $107 |
| Oregon | 15.12 | 25 | +2.9% | +16.2% | 721 | $109 |
| Pennsylvania | 18.56 | 13 | +1.4% | +0.5% | 649 | $120 |
| Rhode Island | 28.29 | 4 | +0.5% | +5.4% | 457 | $129 |
| South Carolina | 13.78 | 35 | -5.6% | -1.4% | 968 | $133 |
| South Dakota | 13.43 | 38 | +6.0% | +1.9% | 785 | $105 |
| Tennessee | 12.27 | 45 | -2.5% | 0.0% | 923 | $113 |
| Texas | 14.83 | 27 | -2.0% | +1.2% | 1,020 | $151 |
| Utah | 11.49 | 50 | -1.0% | +6.0% | 620 | $71 |
| Vermont | 22.15 | 9 | +2.1% | +5.3% | 469 | $104 |
| Virginia | 14.81 | 29 | +0.2% | -2.5% | 843 | $125 |
| Washington | 12.14 | 46 | +2.7% | +8.8% | 803 | $98 |
| West Virginia | 15.95 | 21 | +2.7% | +9.2% | 790 | $126 |
| Wisconsin | 17.86 | 14 | +2.9% | +2.5% | 534 | $95 |
| Wyoming | 12.78 | 42 | +5.0% | +7.4% | 703 | $90 |
Sources
| Source | Data period | Retrieved | Used for |
|---|---|---|---|
| EIA retail sales, May 2024 | May 2024 | 1 Oct 2026 | May 2024 prices, sales, accounts |
May 2024 price = revenue over kWh for homes. Data sources.
Keep going
April 2024 | June 2024 | All monthly reports
Questions
What was the average U.S. electricity price in May 2024?
16.40 cents per kWh for homes.
Which state had the highest electricity price in May 2024?
Hawaii at 44.28 cents per kWh; the lowest was Idaho at 11.48.
How did prices change from May 2023?
The U.S. average moved +1.6%, from 16.14 to 16.40 cents. 36 of 51 states were higher.
Which state's price rose most in May 2024?
Oregon: +16.2% against May 2023, to 15.12 cents.
Which state's price fell most or rose least in May 2024?
Maine: -28.3% against May 2023, at 20.94 cents.
What did a typical home pay in May 2024?
About $123 for 752 kWh at 16.40 cents, energy only.
What is the median state price in May 2024?
14.86 cents across 51 states, against 16.40 cents for the U.S.
Why does May 2024 differ from the annual price?
May 2024 follows the season; the 2025 annual average was 17.30 cents.
Are the May 2024 numbers final?
EIA can revise May 2024; we retrieved it on 2 Oct 2026.