Industrial Electricity Prices by State 2024

Source:  US Energy Information Administration (EIA), Electric Sales, Revenue, and Average Price

Industrial Electricity Prices by State 2024

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Key Findings

🏆
Hawaii leads in Industrial electricity price (US cents/kWh) with 34.13 in 2024.
📊
Average Industrial electricity price (US cents/kWh) in 2024: 9.76  ·  median: 7.93.
↔️
Gap in 2024: Hawaii is 6.3× larger than New Mexico.

About This Dataset

Industrial Electricity Prices by State 2024
This chart ranks the 50 US states by industrial electricity price (us cents/kwh) in 2024. Hawaii has the highest value at 34.13 US cents/kWh, ahead of California by 12.60 US cents/kWh.

EIA compiles annual electricity sales and revenue from the EIA-861 family of forms. The average retail price is revenue divided by electricity sold within the selected sector or combined sectors.

The industrial sector has its own customer mix. EIA warns that customer reclassification can affect sector comparisons.

These are annual state averages for 2024, not current tariffs or individual price quotes. Customer accounts are not people. Washington, DC, territories and regional totals are excluded. Values are rounded to two decimal places.
Analysis

California has an industrial price of 21.53 US cents/kWh, below Hawaii at 34.13. New Mexico has the smallest value, 5.43. 23 states exceed the US benchmark of 8.13 US cents/kWh. The benchmark uses sales weights and includes Washington, DC.

Data Insights

Numbers, trends & sources behind this chart

Admin
⬡
Data Points
50
50 categories  ·  1 year
↑
Top Value
34.13
Hawaii
Industrial electricity price (US cents/kWh) · 2024
◈
Metrics
1
Industrial electricity price (US cents/kWh)
◷
Period
2024
Single year snapshot

Methodology & source

Data source
US Energy Information Administration (EIA), Electric Sales, Revenue, and Average Price
Coverage
50 entities · 2024 · 50 observations
Measure
Industrial electricity price (US cents/kWh)
Last updated
8 October 2026
Compiled by
The ANYSTAT team, from the source above
How the figures are calculated
  • Values are shown as reported by the source. Nothing is rescaled, rebased or converted — the only changes are thousand separators and decimals shown to two places.
  • Entities are ranked highest-first on their value in 2024.

An article using this data

US Electricity Costs 2024: Hawaii Leads Bills, Louisiana Leads Household Use
Hawaii had the highest average residential electricity bill among the 50 US states in 2024, at $212.12 per month. Louisiana led average monthly residential elec...

Rankings & Full Data

50 records · Industrial electricity price (US cents/kWh) · ranked by 2024

✓ 50 sourced
# Category 2024 Source
🥇 Hawaii 34.13
🥈 California 21.53
🥉 Rhode Island 19.70
4 Alaska 19.31
5 Massachusetts 18.19
6 Connecticut 17.12
7 New Hampshire 16.21
8 Maine 12.46
9 New Jersey 11.93
10 Vermont 11.58
11 Maryland 10.01
12 New York 9.17
13 Minnesota 9.15
14 Virginia 8.99
15 Illinois 8.83
16 Nevada 8.64
17 Colorado 8.62
18 Wisconsin 8.54
19 Florida 8.50
20 Delaware 8.49
21 South Dakota 8.28
22 Michigan 8.26
23 Indiana 8.15
24 Oregon 8.05
25 Wyoming 7.96
26 Arizona 7.90
27 Pennsylvania 7.87
28 Missouri 7.87
29 Utah 7.86
30 West Virginia 7.81
31 North Carolina 7.77
32 Kansas 7.73
33 Idaho 7.69
34 Nebraska 7.66
35 Montana 7.59
36 North Dakota 7.25
37 Alabama 7.25
38 Georgia 7.21
39 Ohio 7.10
40 South Carolina 6.84
41 Mississippi 6.81
42 Iowa 6.80
43 Arkansas 6.61
44 Washington 6.61
45 Kentucky 6.50
46 Tennessee 6.21
47 Texas 6.12
48 Oklahoma 5.84
49 Louisiana 5.61
50 New Mexico 5.43

Data Sources & References

All external sources cited in this dataset

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