Projected residential electricity price in the United States Q1 2022-Q4 2024

Published by Statista Research Department, Jun 28, 2024

In 2023, the price of electricity for residential consumers in the United States increased from approximately 15.8 U.S. cents per kilowatt-hour in the first quarter of the year to 16.02 U.S. cents in the fourth quarter. The household electricity price is forecast to remain above 15.7 U.S. dollar cents per kilowatt-hour in 2024, reaching a price of nearly 15.9 U.S. dollar cents per kilowatt-hour in the second half of the year.

Price of electricity to ultimate residential customers in the United States from Q1 2022 to Q1 2024, with a forecast for 2024 (in U.S. dollar cents per kilowatt-hour)

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Release date

May 2024

Region

United States

Survey time period

Q1 2022 to Q1 2024

Special properties

* Forecast

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