U.S. / Commercial / Latest month: Jul 2026

Business Electricity Rates by State

U.S. businesses paid an average of 14.53¢ per kWh in July 2026, up 3.4% from a year earlier. Commercial prices ranged from 8.22¢ in North Dakota to 43.63¢ in Hawaii.

Commercial electricity rates in every state

Average commercial electricity price, July 2026; bills are the 12-month average per commercial customer
#
1North Dakota8.22¢+5.5%$922
2Texas8.47¢−4.3%$842
3Nebraska9.39¢−1.9%$737
4Nevada9.72¢−4.1%$650
5Idaho10.16¢+5.9%$441
6Wyoming10.26¢+1.0%$789
7Oklahoma10.32¢+4.0%$691
8Oregon10.60¢+0.1%$925
9North Carolina10.73¢+10.1%$583
10Utah10.85¢+3.9%$898
11Louisiana10.97¢−5.3%$750
12Florida11.37¢+0.6%$741
13West Virginia11.44¢+2.2%$519
14South Carolina11.61¢+5.8%$629
15Virginia11.68¢+14.4%$1,719
16Arkansas11.76¢+10.8%$530
17Washington11.78¢+4.8%$805
18New Mexico11.90¢−4.5%$575
19Kentucky11.95¢+2.7%$644
20Kansas12.04¢+3.1%$635
21South Dakota12.17¢+3.8%$633
22Georgia12.54¢+0.4%$894
23Missouri12.64¢+3.5%$690
24Arizona13.12¢−2.2%$1,173
25Iowa13.27¢+0.7%$499
26Indiana13.30¢−5.5%$850
27Montana13.33¢+3.9%$376
28Tennessee13.43¢+4.8%$737
29Minnesota13.49¢+2.4%$780
30Mississippi13.65¢+7.2%$656
31Delaware13.80¢+10.0%$770
32Colorado13.81¢+4.2%$575
33Pennsylvania13.86¢+9.7%$613
34Wisconsin13.93¢+4.2%$720
35Ohio14.06¢+22.3%$1,102
36Alabama14.83¢+1.6%$709
37Illinois15.19¢+11.2%$818
38Michigan16.46¢+10.0%$830
39Maryland17.51¢+15.7%$1,427
40New Jersey19.17¢+4.4%$984
41Connecticut19.87¢−13.1%$1,362
42New Hampshire20.63¢+4.5%$657
43Vermont20.71¢+6.8%$532
44Maine21.64¢+2.7%$668
45Alaska23.29¢+1.3%$868
46Rhode Island23.43¢+5.4%$1,101
47District of Columbia23.88¢+15.4%$4,817
48New York24.18¢+4.9%$1,136
49Massachusetts24.41¢+4.9%$1,153
50California30.56¢+1.6%$1,440
51Hawaii43.63¢+24.4%$1,525

U.S. business and home electricity prices

12¢14¢16¢18¢20¢Jan ’25Jul ’25Jan ’26Jul ’26
HomeBusiness¢ per kWh, monthly average

Business electricity FAQ

What is the average commercial electricity rate in the U.S.?

Commercial customers paid an average of 14.53¢ per kWh in July 2026, up 3.4% from a year earlier. Homes paid 18.31¢.

Which state has the cheapest electricity for businesses?

North Dakota had the lowest average commercial price in July 2026, at 8.22¢ per kWh. Hawaii had the highest, at 43.63¢.

Why do businesses pay less per kWh than homes?

Larger customers are cheaper to serve per kWh: they often take power at higher voltage, use it more steadily, and pay separate demand charges that cover part of the grid cost.

What is the average business electric bill?

The average U.S. commercial customer paid $896 a month over the last 12 months. That average spans small shops to large offices, so most small businesses pay far less.

Source: U.S. Energy Information Administration retail sales data (forms EIA-861M and EIA-861), latest month July 2026. Bills are revenue divided by customers. Last updated 2026-10-20.