HomeNewsNational / EIA Data
Rate Increase
National • EIA DataMar 29, 2026

Average Electricity Cost per kWh in the US: 17.45¢ Residential, 13.64¢ Commercial as Rates Climb 8.3% YoY

The Bottom Line (US National)

The average electricity cost per kWh in the United States is 17.45 cents for residential and 13.64 cents for commercial customers as of January 2026, per the EIA Electric Power Monthly released March 24, 2026. Total average retail revenue hit 14.17¢/kWh — up 8.3% year-over-year. Forty-six states saw increases, with DC (+30.3%), Pennsylvania (+21.7%), and Maryland (+20.9%) posting the largest jumps.

17.45¢
National Avg
Residential cents/kWh
+8.3%
YoY Increase
All-sector average
13.64¢
Commercial Avg
Business rate cents/kWh

EIA Electric Power Monthly: January 2026 Data

The EIA published its latest Electric Power Monthly on March 24, 2026, covering January 2026. All four end-use sectors saw year-over-year cost increases:

  • Transportation: +29.3% (EV charging infrastructure)
  • Industrial: +11.4% (PJM capacity and data center load)
  • Residential: +9.5% (17.45¢/kWh national average)
  • Commercial: +6.4% (13.64¢/kWh national average)

Most Expensive States

StateAvg ¢/kWhvs National
Massachusetts27.61¢+95%
New York27.39¢+93%
Rhode Island27.23¢+92%
Connecticut25.71¢+82%

Cheapest States

StateAvg ¢/kWhDriver
Louisiana8.40¢Henry Hub proximity
North Dakota8.47¢Wind generation
New Mexico8.85¢Solar buildout

Biggest YoY Increases

  • DC: +30.3% — PJM capacity costs and Pepco rate case
  • Pennsylvania: +21.7% — PJM BRA at record $329/MW-day
  • Maryland: +20.9% — BGE default service reflects PJM wholesale

What Drives the 8.3% Increase?

  1. PJM Capacity: Record $329/MW-day BRA clearing for 2026/27, driven by 5,400 MW data center demand, flows to retail across 13 states.
  2. Natural Gas: Henry Hub rose from $2.18 to $3.82/MMBtu (+75%). Gas sets marginal clearing price in most wholesale markets.
  3. Transmission: MISO $8.8B MTEP 26 plan ($3.1B for data centers) — grid buildout socialized across ratepayers.

Commercial Buyer Action Items

  • Lock forward pricing: Q3/Q4 curves in contango. Fix 12–24 month contracts before June PJM delivery year.
  • Evaluate demand response: PJM at $329/MW-day = highest-ever DR revenue opportunity.
  • Compare suppliers: In 17 deregulated states, competitive suppliers beat default rates 5–15%. Calculate savings.

Source: EIA Electric Power Monthly, Table 5.6.a, March 24, 2026; Henry Hub via CME/NYMEX.

📬Free Intelligence

Free Energy Market Pulse — Every Tuesday

Join energy professionals getting weekly rate alerts, gas forecasts, and procurement intel.

No spam. Unsubscribe anytime. Data never shared.

Related Market Intelligence

More analysis from the KilowattLogic newsroom

LOWApr 15, 2026

EIA Storage Report April 16: NGI Forecasts 62 Bcf Injection — Henry Hub Drops to $2.58, Most Aggressive Procurement Signal of 2026

NGI forecasts 62 Bcf injection for week ending April 10 — more than double the initial 27 Bcf consensus. Storage surplus widens to 122 Bcf above 5-year average. Henry Hub at $2.58/MMBtu, lowest since Q4 2025 and 32% below EIA's $3.80 annual forecast. Commercial procurement window analysis.

ELEVATEDApr 14, 2026

US Commercial Electricity Rates 2026: EIA Forecasts and Budget Benchmarks

EIA forecasts anticipate the average US commercial electricity rate to reach 13.12 cents per kWh in 2026. Regional divergence driven by transmission infrastructure upgrades, grid modernization, and capacity market shortfalls across the Northeast, ERCOT, and Mountain West.

MODERATEApr 13, 2026

EIA Storage Preview: April 16 Report — Consensus 27 Bcf Injection, Down 46% From Prior Week

EIA Weekly Natural Gas Storage Report preview for April 16, 2026. Estimize consensus: 27 Bcf injection for week ending April 10 — down sharply from 50 Bcf. Henry Hub at $2.68/MMBtu. Scenario analysis for commercial procurement: bullish surprise if sub-20 Bcf, bearish if above 40 Bcf.

LOWApr 11, 2026

EIA Storage Report: 50 Bcf Injection Pushes Stocks 87 Bcf Above Average as Henry Hub Drops to $2.65

EIA reports 50 Bcf net injection for week ending April 3, 2026. Working gas at 1,911 Bcf — 87 Bcf above the 5-year average. Henry Hub spot at $2.65/MMBtu, 30% below EIA's $3.80 annual forecast. NYMEX summer curve tops at $3.18. Commercial procurement window analysis.

Track Your State Electricity Costs

National averages hide massive regional variation.