The electricity rate for deregulated states for residential customers increased from 10.1 U.S. cents per kilowatt hour in 1997 to some 14.8 U.S. cents per kilowatt hour in 2018. Many states that have deregulated their electricity market have implemented retail choice plans that were higher cost at first, but it was predicted that competition between suppliers would then lower rates.
Residential revenue of electric utilities in deregulated and regulated states in the U.S. from 1997 to 2018 (in U.S. cents per kilowatt hour)*
* Deregulated category includes states with retail choice programs, which allow end-use customers to choose their electricity provider, and are no longer exposed to regulatory protections on wholesale market prices. A regulatory category comprises the states with the traditional rate regulation.
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APPA. (April 1, 2019). Residential revenue of electric utilities in deregulated and regulated states in the U.S. from 1997 to 2018 (in U.S. cents per kilowatt hour)* [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1064486/residential-revenue-regulated-deregulated-states-electric-utilities/
APPA. "Residential revenue of electric utilities in deregulated and regulated states in the U.S. from 1997 to 2018 (in U.S. cents per kilowatt hour)*." Chart. April 1, 2019. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1064486/residential-revenue-regulated-deregulated-states-electric-utilities/
APPA. (2019). Residential revenue of electric utilities in deregulated and regulated states in the U.S. from 1997 to 2018 (in U.S. cents per kilowatt hour)*. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1064486/residential-revenue-regulated-deregulated-states-electric-utilities/
APPA. "Residential Revenue of Electric Utilities in Deregulated and Regulated States in The U.S. from 1997 to 2018 (in U.S. Cents per Kilowatt Hour)*." Statista, Statista Inc., 1 Apr 2019, https://www.statista.com/statistics/1064486/residential-revenue-regulated-deregulated-states-electric-utilities/
APPA, Residential revenue of electric utilities in deregulated and regulated states in the U.S. from 1997 to 2018 (in U.S. cents per kilowatt hour)* Statista, https://www.statista.com/statistics/1064486/residential-revenue-regulated-deregulated-states-electric-utilities/ (last visited December 22, 2024)
Residential revenue of electric utilities in deregulated and regulated states in the U.S. from 1997 to 2018 (in U.S. cents per kilowatt hour)* [Graph], APPA, April 1, 2019. [Online]. Available: https://www.statista.com/statistics/1064486/residential-revenue-regulated-deregulated-states-electric-utilities/