2026 Competitiveness Redbook | Page 51

Average Retail Price Per KwH for Industrial Customers( 2023 – 2024)
Rank
Cents / KwH( 2024)
Cents / KwH( 2023)
Change from 2023 to 2024( cents)
1 New Mexico
5.43
5.75
-0.32
2 Louisiana
5.61
5.88
-0.27
3 Oklahoma
5.84
6.26
-0.42
4 Texas
6.12
6.60
-0.48
5 Tennessee
6.21
6.23
-0.02
6 Kentucky
6.50
6.55
-0.06
7 Washington
6.61
6.35
0.26
8 Arkansas
6.61
6.87
-0.26
9 Iowa
6.80
6.91
-0.10
10 Mississippi
6.81
6.96
-0.14
11 South Carolina
6.84
6.68
0.16
12 Ohio
7.10
7.03
0.06
13 Georgia
7.21
6.88
0.33
14 North Dakota
7.25
7.37
-0.12
15 Alabama
7.25
7.10
0.15
16 Montana
7.59
7.80
-0.21
17 Nebraska
7.66
7.63
0.03
18 Idaho
7.69
7.17
0.52
19 Kansas
7.73
7.64
0.10
20 North Carolina
7.77
7.15
0.62
21 West Virginia
7.81
7.24
0.57
22 Utah
7.86
6.99
0.87
23 Pennsylvania
7.87
7.75
0.12
24 Missouri
7.87
7.90
-0.03
25 Arizona
7.90
8.11
-0.21
26 Wyoming
7.96
7.06
0.90
27 Oregon
8.05
7.52
0.53
28 Indiana
8.15
8.24
-0.10
29 Michigan
8.26
8.16
0.10
30 South Dakota
8.28
8.01
0.27
31 Delaware
8.49
7.85
0.64
32 Florida
8.50
9.39
-0.89
33 Wisconsin
8.54
8.68
-0.14
34 Colorado
8.62
8.50
0.12
35 Nevada
8.64
10.36
-1.72
36 Illinois
8.83
8.20
0.62
37 Virginia
8.99
8.92
0.08
38 Minnesota
9.15
9.20
-0.06
39 New York
9.17
6.87
2.31
40 Maryland
10.01
9.94
0.06
41 Vermont
11.58
11.27
0.31
42 New Jersey
11.93
11.68
0.25
43 Maine
12.46
12.30
0.17
44 New Hampshire
16.21
15.76
0.45
45 Connecticut
17.12
15.69
1.43
46 Massachusetts
18.19
17.88
0.31
47 Alaska
19.31
18.70
0.61
48 Rhode Island
19.70
18.98
0.71
49 California
21.53
18.64
2.89
50 Hawaii
34.13
35.28
-1.15
Dist. of Columbia
10.80
10.85
-0.05
United States
8.13
8.04
0.09
TABLE 43
Source: U. S. Department of Energy
In 2024, Washington’ s average retail price of electricity per KwH for industrial customers ranked 7th lowest, after increasing by 0.26 cents / KwH from 2023.