Electricity Cost Calculator By State

2020 electricity rates by state updated april 2020 for residents and businesses alike the cost of electricity is a regular expense that is incurred each and every month.

Electricity cost calculator by state.

The cost of electricity is much more stable than the cost of gasoline but it varies tremendously in the u s. To estimate average monthly energy bills multiply the average home s electricity usage 897 kwh by the cost per kwh in your state for that month. This calculator is a great way of cutting back on your energy use and saving on your electricity bills. This cost calculator is a screening tool that estimates a product s lifetime energy cost savings at various efficiency levels.

This is the per unit electricity charge that you pay on your bill. This is mostly dependent on the connected load that the utility provides you. This electricity cost calculator works out how much electricity a particular electrical appliance will use and how much it will cost. States with the highest average utility cost.

Rhode island customers are paying nearly 20 more for electricity in 2018. According to 2019 data from the u s. Residential customers in texas the country s largest deregulated market for electricity pay a relatively low price for electricity as well of 11 68 cents per kwh. It is mostly defined slab wise and the cost increases as units on electricity bill increase.

For example the average cost per kwh for maryland homes in this month s report was 12 84 cents which amounts to an average bill of about 115 17 12 84 cents x 897 kwh that month. Based on factors such as demand and available plans the amount that is paid can vary from state to state. Energy information administration louisiana has the cheapest electricity costs with residents paying 7 71 cents per kilowatt while hawaii has the most. The residential average per kilowatt hour currently ranges from 9 3 cents in louisiana.

Cost day e kwh day cost cent kwh 100 cent. So these costs are not included in this calculator tool. The electricity cost per day in dollars is equal to the energy consumption e in kwh per day times the energy cost of 1 kwh in cents kwh divided by 100 cents per dollar. The state that saw the great increase in prices for electricity is rhode island.