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, October 2024

17.09 ¢The U.S. home price hit a new high for the series: 17.09 cents.

That tops all 21 earlier monthly readings since January 2023. October 2024 was +3.7% against October 2023 and +1.6% on the month before. Highest: Hawaii at 41.42 cents. Lowest: Nebraska at 11.88. Source: EIA data for October 2024, retrieved 2 Oct 2026.

The year so far: 2024 against 2023

U.S. average 17.09 cents, +1.6% on September 2024. At 736 kWh the energy bill is $126.

12 rows from EIA retail sales, monthly, residential.

CSV

Biggest movers in October 2024

Oregon rose most (+15.3%) and Maine moved least or fell most (-11.3%). 40 of 51 states are above October 2023, and 7 are up more than 10%.

October 2024: Biggest rises, October 2024
StateChange vs October 2023October 2024 ¢/kWhOctober 2023 ¢/kWh
Oregon+15.3%15.3313.29
Utah+14.2%12.8211.23
New York+13.9%25.0521.99
Wyoming+12.5%14.0512.49
New Jersey+12.0%19.5617.46
October 2024: Smallest rises or falls, October 2024
StateChange vs October 2023October 2024 ¢/kWhOctober 2023 ¢/kWh
Maine-11.3%25.7829.06
Florida-8.3%14.1615.45
Rhode Island-7.7%27.7630.08
Hawaii-3.0%41.4242.68
New Hampshire-2.8%24.7825.49

Where prices changed, October 2024 against October 2023

Home electricity price change, October 2024 against October 2023New Mexico: -0.3%Texas: +5.2%Kentucky: +1.1%Ohio: +4.3%Georgia: +1.7%Arkansas: -0.3%Oregon: +15.3%Pennsylvania: -0.1%Missouri: +1.6%North Carolina: +5.8%Utah: +14.2%Virginia: +4.4%Wyoming: +12.5%West Virginia: +8.7%New York: +13.9%Indiana: +3.7%Kansas: +6.6%Idaho: +1.1%Nevada: -0.2%Illinois: +4.6%Vermont: +4.2%New Jersey: +12.0%Minnesota: +3.3%Maryland: +4.5%Iowa: -2.2%Hawaii: -3.0%New Hampshire: -2.8%Rhode Island: -7.7%Connecticut: +3.4%Montana: +3.0%Arizona: +3.1%Nebraska: +1.8%Washington: +10.2%South Dakota: +4.7%California: +2.1%Alabama: +3.6%Wisconsin: +0.1%Mississippi: +1.6%Colorado: +5.2%Oklahoma: +6.4%Tennessee: +2.0%Louisiana: +0.0%Michigan: +1.0%Massachusetts: +3.8%Florida: -8.3%Alaska: +6.7%North Dakota: +3.2%South Carolina: +10.0%Maine: -11.3%Delaware: +3.7%District of Columbia: +3.1%
  • -11.3% to +0.0%
  • +0.0% to +2.1%
  • +2.1% to +4.2%
  • +4.2% to +6.6%
  • +6.6% to +15.3%

October 2024: darker = bigger rise.

Nine regions in October 2024

New England paid the most at 28.25 cents and West North Central the least at 13.54, sales-weighted from the state series.

October 2024: Census divisions, sales-weighted home price
Census divisionOctober 2024 ¢/kWhvs September 2024vs October 2023
New England28.25-3.0%+0.7%
Pacific26.06-1.6%+7.4%
Middle Atlantic21.29+0.7%+8.3%
East North Central17.00+2.4%+2.9%
South Atlantic14.86+1.7%-1.0%
West South Central14.83+3.2%+4.6%
Mountain14.41-0.9%+4.0%
East South Central13.80+3.3%+2.4%
West North Central13.54-7.6%+2.5%

What October 2024 prices mean for your bill

  • October 2024: choose a state and kWh.

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

All 51 states, October 2024

October 2024 state prices
Alabama15.6324+1.2%+3.6%924$144
Alaska25.647-0.8%+6.7%534$137
Arizona14.9829+0.5%+3.1%1,068$160
Arkansas12.6945-1.1%-0.3%874$111
California32.452+1.9%+2.1%503$163
Colorado15.2627-2.0%+5.2%578$88
Connecticut30.003-9.2%+3.4%532$160
Delaware18.0716+7.6%+3.7%630$114
District of Columbia18.5914+3.1%+3.1%471$88
Florida14.1633+1.1%-8.3%1,096$155
Georgia13.9236+2.1%+1.7%888$124
Hawaii41.421+1.3%-3.0%526$218
Idaho12.2048-1.3%+1.1%718$88
Illinois16.4819+4.3%+4.6%535$88
Indiana15.7322+6.1%+3.7%677$106
Iowa13.1742-6.3%-2.2%651$86
Kansas14.3432-2.4%+6.6%709$102
Kentucky13.3141+7.3%+1.1%789$105
Louisiana11.9550-0.7%0.0%1,117$133
Maine25.786-1.8%-11.3%464$120
Maryland19.2113+4.6%+4.5%664$128
Massachusetts29.254-0.0%+3.8%492$144
Michigan19.4012-3.6%+1.0%494$96
Minnesota15.9621-3.0%+3.3%592$95
Mississippi13.6938+4.1%+1.6%1,024$140
Missouri12.4047-15.2%+1.6%735$91
Montana13.3240-1.0%+3.0%647$86
Nebraska11.8851-8.0%+1.8%793$94
Nevada14.6031+4.1%-0.2%831$121
New Hampshire24.789-0.6%-2.8%497$123
New Jersey19.5611+1.2%+12.0%485$95
New Mexico14.0834-6.4%-0.3%580$82
New York25.0580.0%+13.9%462$116
North Carolina15.2328+2.4%+5.8%783$119
North Dakota12.0849-6.0%+3.2%805$97
Ohio16.5718+5.2%+4.3%667$111
Oklahoma13.8737+0.4%+6.4%901$125
Oregon15.3326+0.3%+15.3%716$110
Pennsylvania18.4315+3.7%-0.1%615$113
Rhode Island27.765-3.3%-7.7%505$140
South Carolina15.4025+4.1%+10.0%832$128
South Dakota13.6639-1.3%+4.7%800$109
Tennessee12.7444+2.6%+2.0%925$118
Texas15.6723+4.1%+5.2%1,071$168
Utah12.8243-5.7%+14.2%662$85
Vermont23.0410+2.6%+4.2%487$112
Virginia14.7930-3.0%+4.4%766$113
Washington12.4846+0.7%+10.2%787$98
West Virginia16.3620+3.3%+8.7%752$123
Wisconsin17.1617-3.2%+0.1%528$91
Wyoming14.0535+1.0%+12.5%647$91

Download October 2024 CSV

Sources

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

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

Keep going

September 2024 | November 2024 | All monthly reports

October in other years: October 2023, October 2025.

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

Questions

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

17.09 cents per kWh for homes.

Which state had the highest electricity price in October 2024?

Hawaii at 41.42 cents per kWh; the lowest was Nebraska at 11.88.

How did prices change from October 2023?

The U.S. average moved +3.7%, from 16.48 to 17.09 cents. 40 of 51 states were higher.

Which state's price rose most in October 2024?

Oregon: +15.3% against October 2023, to 15.33 cents.

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

Maine: -11.3% against October 2023, at 25.78 cents.

What did a typical home pay in October 2024?

About $126 for 736 kWh at 17.09 cents, energy only.

What is the median state price in October 2024?

15.33 cents across 51 states, against 17.09 cents for the U.S.

Why does October 2024 differ from the annual price?

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

Are the October 2024 numbers final?

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

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17.09 ¢ The U.S. home price hit a new high for the series: 17.09 cents.