Industrial consumers of electricity in the United States paid an average of 8.06 U.S. dollar cents per kilowatt-hour in 2023. This figure marked a decrease compared to the previous year, when prices peaked at 8.3 U.S. dollar cents per kilowatt-hour.
Average retail electricity price for industrial consumers in the United States from 1970 to 2023
(in U.S. dollar cents per kilowatt-hour)
Characteristic
Electricity price in U.S. dollar cents per kilowatt-hour
Retail electricity prices paid by ultimate customers, reported by electric utilities and other energy service providers.
Up to 2002, prices exclude agriculture and irrigation.
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EIA. (March 18, 2024). Average retail electricity price for industrial consumers in the United States from 1970 to 2023 (in U.S. dollar cents per kilowatt-hour) [Graph]. In Statista. Retrieved April 21, 2025, from https://www.statista.com/statistics/190680/us-industrial-consumer-price-estimates-for-retail-electricity-since-1970/
EIA. "Average retail electricity price for industrial consumers in the United States from 1970 to 2023 (in U.S. dollar cents per kilowatt-hour)." Chart. March 18, 2024. Statista. Accessed April 21, 2025. https://www.statista.com/statistics/190680/us-industrial-consumer-price-estimates-for-retail-electricity-since-1970/
EIA. (2024). Average retail electricity price for industrial consumers in the United States from 1970 to 2023 (in U.S. dollar cents per kilowatt-hour). Statista. Statista Inc.. Accessed: April 21, 2025. https://www.statista.com/statistics/190680/us-industrial-consumer-price-estimates-for-retail-electricity-since-1970/
EIA. "Average Retail Electricity Price for Industrial Consumers in The United States from 1970 to 2023 (in U.S. Dollar Cents per Kilowatt-hour)." Statista, Statista Inc., 18 Mar 2024, https://www.statista.com/statistics/190680/us-industrial-consumer-price-estimates-for-retail-electricity-since-1970/
EIA, Average retail electricity price for industrial consumers in the United States from 1970 to 2023 (in U.S. dollar cents per kilowatt-hour) Statista, https://www.statista.com/statistics/190680/us-industrial-consumer-price-estimates-for-retail-electricity-since-1970/ (last visited April 21, 2025)
Average retail electricity price for industrial consumers in the United States from 1970 to 2023 (in U.S. dollar cents per kilowatt-hour) [Graph], EIA, March 18, 2024. [Online]. Available: https://www.statista.com/statistics/190680/us-industrial-consumer-price-estimates-for-retail-electricity-since-1970/
