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, August 2024

16.60 ¢Summer prices: 16.60 cents, with 44 of 51 states above August 2023.

August 2024 falls in the cooling season. The average home account used 1,108 kWh in the month and the typical energy bill came to $184. Highest: Hawaii at 42.26 cents. Lowest: Louisiana at 11.68. Source: EIA data for August 2024, retrieved 2 Oct 2026.

What August 2024 prices mean for your bill

  • August 2024: choose a state and kWh.

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

The year so far: 2024 against 2023

U.S. average 16.60 cents, -0.1% on July 2024. At 1,108 kWh the energy bill is $184.

12 rows from EIA retail sales, monthly, residential.

CSV

Where prices changed, August 2024 against August 2023

Home electricity price change, August 2024 against August 2023New Mexico: +3.5%Texas: +5.0%Kentucky: +2.7%Ohio: +0.6%Georgia: +5.0%Arkansas: +0.3%Oregon: +14.8%Pennsylvania: -1.8%Missouri: +3.3%North Carolina: +9.5%Utah: +11.6%Virginia: +2.3%Wyoming: +10.6%West Virginia: +8.5%New York: +13.2%Indiana: +4.4%Kansas: +8.1%Idaho: +4.2%Nevada: -16.7%Illinois: +13.7%Vermont: +3.9%New Jersey: +11.5%Minnesota: +5.4%Maryland: +8.8%Iowa: -2.6%Hawaii: +6.3%New Hampshire: -12.2%Rhode Island: +5.1%Connecticut: +7.2%Montana: +2.7%Arizona: +7.1%Nebraska: +0.8%Washington: +9.2%South Dakota: +4.4%California: +4.2%Alabama: +5.4%Wisconsin: +2.2%Mississippi: +1.7%Colorado: +6.8%Oklahoma: -2.7%Tennessee: +2.7%Louisiana: +5.6%Michigan: +1.0%Massachusetts: +5.5%Florida: -8.7%Alaska: +5.2%North Dakota: +1.4%South Carolina: +6.7%Maine: -6.3%Delaware: +0.8%District of Columbia: +5.6%
  • -16.7% to +0.8%
  • +0.8% to +3.5%
  • +3.5% to +5.4%
  • +5.4% to +8.5%
  • +8.5% to +14.8%

August 2024: darker = bigger rise.

Biggest movers in August 2024

Oregon rose most (+14.8%) and Nevada moved least or fell most (-16.7%). 44 of 51 states are above August 2023, and 6 are up more than 10%.

August 2024: Biggest rises, August 2024
StateChange vs August 2023August 2024 ¢/kWhAugust 2023 ¢/kWh
Oregon+14.8%14.9513.02
Illinois+13.7%15.6213.74
New York+13.2%25.2022.26
Utah+11.6%13.0211.67
New Jersey+11.5%20.6318.51
August 2024: Smallest rises or falls, August 2024
StateChange vs August 2023August 2024 ¢/kWhAugust 2023 ¢/kWh
Nevada-16.7%13.7216.48
New Hampshire-12.2%22.9326.13
Florida-8.7%13.6014.89
Maine-6.3%23.7725.37
Oklahoma-2.7%12.7413.10

Nine regions in August 2024

New England paid the most at 27.90 cents and East South Central the least at 13.20, sales-weighted from the state series.

August 2024: Census divisions, sales-weighted home price
Census divisionAugust 2024 ¢/kWhvs July 2024vs August 2023
New England27.90+3.9%+2.9%
Pacific26.03-2.3%+6.3%
Middle Atlantic21.30+0.8%+7.9%
East North Central16.45+0.5%+4.7%
West North Central14.67-0.2%+3.2%
South Atlantic14.36+0.1%+0.6%
Mountain14.33+0.9%+3.0%
West South Central14.09+1.2%+3.9%
East South Central13.20+0.6%+3.2%

All 51 states, August 2024

August 2024 state prices
Alabama14.9523-0.5%+5.4%1,508$225
Alaska26.446+2.4%+5.2%490$129
Arizona14.8128-0.1%+7.1%1,686$250
Arkansas12.5146+0.5%+0.3%1,355$170
California31.222-4.6%+4.2%696$217
Colorado15.4321+1.4%+6.8%885$137
Connecticut29.963+7.0%+7.2%848$254
Delaware15.7918+1.2%+0.8%1,154$182
District of Columbia17.4016+1.9%+5.6%847$147
Florida13.6039-0.8%-8.7%1,439$196
Georgia14.8327-2.2%+5.0%1,419$210
Hawaii42.261-1.6%+6.3%543$229
Idaho12.0450-1.1%+4.2%974$117
Illinois15.6220+2.8%+13.7%914$143
Indiana14.7929+0.5%+4.4%1,137$168
Iowa14.7830-0.7%-2.6%967$143
Kansas14.4332-2.8%+8.1%1,234$178
Kentucky12.6645+1.7%+2.7%1,280$162
Louisiana11.6851+0.6%+5.6%1,649$193
Maine23.778+2.7%-6.3%576$137
Maryland17.8313+3.4%+8.8%1,094$195
Massachusetts29.564+2.2%+5.5%640$189
Michigan19.7712-0.2%+1.0%761$150
Minnesota16.4517-0.3%+5.4%784$129
Mississippi12.9142-0.2%+1.7%1,547$200
Missouri14.7231+0.8%+3.3%1,265$186
Montana13.2840-1.0%+2.7%860$114
Nebraska12.2947+1.7%+0.8%1,127$139
Nevada13.7237+1.2%-16.7%1,477$203
New Hampshire22.939+5.2%-12.2%724$166
New Jersey20.6311-0.3%+11.5%953$197
New Mexico14.9125+0.1%+3.5%897$134
New York25.207+0.4%+13.2%763$192
North Carolina13.9135+1.8%+9.5%1,231$171
North Dakota12.7344-1.6%+1.4%922$117
Ohio15.7319-0.3%+0.6%1,061$167
Oklahoma12.7443-0.2%-2.7%1,559$199
Oregon14.9524+0.1%+14.8%843$126
Pennsylvania17.5714+0.8%-1.8%956$168
Rhode Island26.835+4.2%+5.1%804$216
South Carolina14.3133+3.5%+6.7%1,329$190
South Dakota13.6438+0.8%+4.4%1,032$141
Tennessee12.2548+0.7%+2.7%1,435$176
Texas14.8826+1.2%+5.0%1,570$234
Utah13.0241+4.0%+11.6%1,078$140
Vermont21.2610+0.8%+3.9%600$127
Virginia14.17340.0%+2.3%1,203$171
Washington12.1649+1.0%+9.2%824$100
West Virginia15.4122+1.9%+8.5%1,105$170
Wisconsin17.5715+0.6%+2.2%761$134
Wyoming13.7736+2.6%+10.6%820$113

Download August 2024 CSV

Sources

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

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

Keep going

July 2024 | September 2024 | All monthly reports

August in other years: August 2025, August 2023.

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

Questions

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

16.60 cents per kWh for homes.

Which state had the highest electricity price in August 2024?

Hawaii at 42.26 cents per kWh; the lowest was Louisiana at 11.68.

How did prices change from August 2023?

The U.S. average moved +4.3%, from 15.91 to 16.60 cents. 44 of 51 states were higher.

Which state's price rose most in August 2024?

Oregon: +14.8% against August 2023, to 14.95 cents.

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

Nevada: -16.7% against August 2023, at 13.72 cents.

What did a typical home pay in August 2024?

About $184 for 1,108 kWh at 16.60 cents, energy only.

What is the median state price in August 2024?

14.88 cents across 51 states, against 16.60 cents for the U.S.

Why does August 2024 differ from the annual price?

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

Are the August 2024 numbers final?

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

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16.60 ¢ Summer prices: 16.60 cents, with 44 of 51 states above August 2023.