What Will be the Cost of Electricity in 2023?

What Will be the Cost of Electricity in 2023?

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How Much Does Electricity Cost in 2023?

By homesolarsessions | Jul 27, 2023

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Like running water, the price of electricity is something we don’t typically worry about until after a high electricity bill arrives. But understanding how much electricity costs – and how the price changes over time – is the first step toward lowering your energy costs. In this article we’ll explore the cost of electricity in each state and how it affects your monthly electricity bill.

Cost of electricity per kWh by state 2023

Measured in cents per kilowatt-hour (kWh), the national average cost of electricity reached 16.68 cents per kWh in March 2023. However, the average price ranged from 9.72 cents in North Dakota to 44.25 cents in Hawaii. Use the electricity price chart below to see the average cost of electricity in your state.

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