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, July 2024

16.62 ¢Nevada dropped 12.5% in one month.

Nevada went from 15.50 cents in June 2024 to 13.56 in July 2024. The U.S. average moved +1.5% over the same month. Highest: Hawaii at 42.93 cents. Lowest: Louisiana at 11.61. Source: EIA data for July 2024, retrieved 2 Oct 2026.

Biggest movers in July 2024

Oregon rose most (+13.4%) and New Hampshire moved least or fell most (-24.8%). 41 of 51 states are above July 2023, and 6 are up more than 10%.

July 2024: Biggest rises, July 2024
StateChange vs July 2023July 2024 ¢/kWhJuly 2023 ¢/kWh
Oregon+13.4%14.9413.17
New York+12.6%25.0922.29
New Jersey+12.4%20.7018.42
California+11.1%32.7329.46
North Carolina+10.3%13.6712.39
July 2024: Smallest rises or falls, July 2024
StateChange vs July 2023July 2024 ¢/kWhJuly 2023 ¢/kWh
New Hampshire-24.8%21.7928.96
Nevada-16.8%13.5616.30
Maine-16.5%23.1527.73
Florida-8.2%13.7114.94
Pennsylvania-2.8%17.4317.94

What July 2024 prices mean for your bill

  • July 2024: choose a state and kWh.

July 2024: energy only (price times kWh), no fixed charges or taxes.

The year so far: 2024 against 2023

U.S. average 16.62 cents, +1.5% on June 2024. At 1,148 kWh the energy bill is $191.

12 rows from EIA retail sales, monthly, residential.

CSV

Where prices changed, July 2024 against July 2023

Home electricity price change, July 2024 against July 2023New Mexico: +3.5%Texas: +5.4%Kentucky: -0.5%Ohio: +0.3%Georgia: +5.8%Arkansas: -0.6%Oregon: +13.4%Pennsylvania: -2.8%Missouri: +1.3%North Carolina: +10.3%Utah: +6.9%Virginia: +2.1%Wyoming: +7.4%West Virginia: +7.4%New York: +12.6%Indiana: +1.7%Kansas: +10.2%Idaho: +3.5%Nevada: -16.8%Illinois: +2.6%Vermont: +3.2%New Jersey: +12.4%Minnesota: +5.8%Maryland: +7.6%Iowa: -1.9%Hawaii: +8.1%New Hampshire: -24.8%Rhode Island: +6.0%Connecticut: +5.1%Montana: +2.7%Arizona: +4.9%Nebraska: -2.2%Washington: +8.0%South Dakota: +1.7%California: +11.1%Alabama: +3.8%Wisconsin: +2.6%Mississippi: +0.9%Colorado: +7.6%Oklahoma: +4.0%Tennessee: -0.5%Louisiana: +3.1%Michigan: +2.0%Massachusetts: +5.4%Florida: -8.2%Alaska: +3.4%North Dakota: +2.5%South Carolina: +4.6%Maine: -16.5%Delaware: +3.4%District of Columbia: +2.8%
  • -24.8% to +0.3%
  • +0.3% to +2.7%
  • +2.7% to +4.9%
  • +4.9% to +7.6%
  • +7.6% to +13.4%

July 2024: darker = bigger rise.

Nine regions in July 2024

New England paid the most at 26.85 cents and East South Central the least at 13.12, sales-weighted from the state series.

July 2024: Census divisions, sales-weighted home price
Census divisionJuly 2024 ¢/kWhvs June 2024vs July 2023
New England26.85+2.7%+0.0%
Pacific26.63+1.1%+12.5%
Middle Atlantic21.12+1.8%+7.2%
East North Central16.38-1.6%+1.7%
West North Central14.70+0.4%+2.8%
South Atlantic14.34-1.3%+0.8%
Mountain14.20-1.9%+1.3%
West South Central13.93+1.1%+4.4%
East South Central13.12-2.3%+0.7%

All 51 states, July 2024

July 2024 state prices
Alabama15.0324-0.6%+3.8%1,497$225
Alaska25.815+1.1%+3.4%484$125
Arizona14.8229-1.9%+4.9%1,851$274
Arkansas12.4545+0.3%-0.6%1,388$173
California32.732-1.5%+11.1%691$226
Colorado15.2220+1.7%+7.6%883$134
Connecticut28.004+7.8%+5.1%969$271
Delaware15.6119-4.9%+3.4%1,259$196
District of Columbia17.0716-0.5%+2.8%929$159
Florida13.7135-1.1%-8.2%1,464$201
Georgia15.1622-2.1%+5.8%1,434$217
Hawaii42.931+0.7%+8.1%508$218
Idaho12.1747-0.2%+3.5%1,100$134
Illinois15.1921-5.1%+2.6%936$142
Indiana14.7130-0.7%+1.7%1,119$165
Iowa14.8827+0.8%-1.9%992$148
Kansas14.8528+5.2%+10.2%1,226$182
Kentucky12.4546-3.3%-0.5%1,350$168
Louisiana11.6151+0.7%+3.1%1,655$192
Maine23.158+3.3%-16.5%546$126
Maryland17.2415-1.0%+7.6%1,260$217
Massachusetts28.923+2.3%+5.4%692$200
Michigan19.8112-0.9%+2.0%807$160
Minnesota16.5017-0.2%+5.8%845$139
Mississippi12.9441-3.0%+0.9%1,542$200
Missouri14.6132+0.5%+1.3%1,276$186
Montana13.4239-1.0%+2.7%825$111
Nebraska12.0849-4.9%-2.2%1,214$147
Nevada13.5637-12.5%-16.8%1,715$233
New Hampshire21.799-3.2%-24.8%848$185
New Jersey20.7011+4.0%+12.4%1,145$237
New Mexico14.8926+5.9%+3.5%890$133
New York25.097+2.0%+12.6%810$203
North Carolina13.6736+1.6%+10.3%1,331$182
North Dakota12.9442-5.3%+2.5%960$124
Ohio15.7818-0.3%+0.3%1,079$170
Oklahoma12.7643+4.8%+4.0%1,524$195
Oregon14.9425-1.8%+13.4%931$139
Pennsylvania17.4314-1.4%-2.8%1,081$188
Rhode Island25.766-5.5%+6.0%832$214
South Carolina13.8234-0.6%+4.6%1,471$203
South Dakota13.5338-3.1%+1.7%1,053$142
Tennessee12.1648-1.7%-0.5%1,503$183
Texas14.7031+1.0%+5.4%1,493$219
Utah12.5244+5.4%+6.9%1,165$146
Vermont21.1010-3.0%+3.2%669$141
Virginia14.1733-6.2%+2.1%1,317$187
Washington12.0450-2.2%+8.0%895$108
West Virginia15.1223-2.1%+7.4%1,213$183
Wisconsin17.4613-0.9%+2.6%796$139
Wyoming13.4240+4.3%+7.4%840$113

Download July 2024 CSV

Sources

July 2024 sources
SourceData periodRetrievedUsed for
EIA retail sales, July 2024July 20241 Oct 2026July 2024 prices, sales, accounts

July 2024 price = revenue over kWh for homes. Data sources.

Keep going

June 2024 | August 2024 | All monthly reports

July in other years: July 2023, July 2025, July 2026.

July 2024 in the 2026 year to date | All reference pages

Questions

What was the average U.S. electricity price in July 2024?

16.62 cents per kWh for homes.

Which state had the highest electricity price in July 2024?

Hawaii at 42.93 cents per kWh; the lowest was Louisiana at 11.61.

How did prices change from July 2023?

The U.S. average moved +4.8%, from 15.86 to 16.62 cents. 41 of 51 states were higher.

Which state's price rose most in July 2024?

Oregon: +13.4% against July 2023, to 14.94 cents.

Which state's price fell most or rose least in July 2024?

New Hampshire: -24.8% against July 2023, at 21.79 cents.

What did a typical home pay in July 2024?

About $191 for 1,148 kWh at 16.62 cents, energy only.

What is the median state price in July 2024?

14.89 cents across 51 states, against 16.62 cents for the U.S.

Why does July 2024 differ from the annual price?

July 2024 follows the season; the 2025 annual average was 17.30 cents.

Are the July 2024 numbers final?

EIA can revise July 2024; we retrieved it on 2 Oct 2026.

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16.62 ¢ Nevada dropped 12.5% in one month.