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Electricity Prices: US Average Cost per kWh, 1978–2026

The US city average price of electricity was $0.196 per kWh in Sep 2026, according to BLS average price data (via FRED). That is 4.3% higher than a year earlier. Since January 2018 ($0.135), it is up 45.2%. In our data, which starts Nov 1978, the highest price was $0.198 (Jun 2026) and the lowest was $0.046 (Nov 1978).

Latest price
$0.196
per kWh · in Sep 2026
Year over year
+4.3%
vs a year earlier
Since Jan 2018
+45.2%
Jan 2018: $0.135
Record high
$0.198 (Jun 2026)
Low: $0.046 (Nov 1978)

Electricity Prices since Nov 1978

Electricity, US city avg. Monthly values. Weight in the Real Inflation index: 7.0%.

Last 24 months

MonthPricevs year before
Sep 2026$0.196+4.3%
Aug 2026$0.196+3.2%
Jul 2026$0.197+4.2%
Jun 2026$0.198+4.2%
May 2026$0.196+7.7%
Apr 2026$0.194+7.2%
Mar 2026$0.190+5.0%
Feb 2026$0.189+5.6%
Jan 2026$0.192+7.3%
Dec 2025$0.189+7.4%
Nov 2025$0.189+7.4%
Oct 2025no data
Sep 2025$0.188+5.6%
Aug 2025$0.190+7.3%
Jul 2025$0.189+6.2%
Jun 2025$0.190+6.7%
May 2025$0.182+4.0%
Apr 2025$0.181+4.6%
Mar 2025$0.181+4.0%
Feb 2025$0.179+3.5%
Jan 2025$0.179+3.5%
Dec 2024$0.176+4.1%
Nov 2024$0.176+4.8%
Oct 2024$0.177+4.7%
Sep 2024$0.178+4.1%

Yearly averages since 2000

YearAverageLowest monthHighest month
2026 (9 months)$0.194$0.189$0.198
2025 (11 months)$0.185$0.179$0.190
2024$0.176$0.173$0.178
2023$0.168$0.165$0.171
2022$0.159$0.147$0.167
2021$0.141$0.136$0.144
2020$0.135$0.133$0.137
2019$0.136$0.133$0.140
2018$0.136$0.134$0.139
2017$0.138$0.134$0.143
2016$0.135$0.131$0.139
2015$0.138$0.133$0.143
2014$0.137$0.131$0.143
2013$0.132$0.128$0.137
2012$0.130$0.127$0.135
2011$0.130$0.125$0.135
2010$0.128$0.123$0.133
2009$0.127$0.124$0.132
2008$0.123$0.116$0.132
2007$0.117$0.113$0.122
2006$0.112$0.108$0.118
2005$0.100$0.094$0.106
2004$0.094$0.091$0.100
2003$0.093$0.089$0.098
2002$0.091$0.088$0.095
2001$0.092$0.088$0.099
2000$0.087$0.084$0.091

Source

Notes and caveats

  • BLS average prices are US city averages collected for the CPI. They describe a typical item, not one brand or store. BLS notes that average prices are best used to compare price levels in a given month; for price change over time, the CPI index for the item category is more appropriate.
  • Missing months since 2000 (the source published no value): Oct 2025. The chart and tables leave these months blank.

FAQ

How much is a kWh of electricity now?

The US city average price of electricity was $0.196 per kWh in Sep 2026 (+4.3% vs a year earlier). Source: U.S. Bureau of Labor Statistics (BLS) average price data, via FRED.

How much was a kWh of electricity in 2018?

In January 2018 the US city average price of electricity was $0.135 per kWh. Since then it has changed +45.2%.

When was a kWh of electricity most expensive?

In our data (starting Nov 1978), the highest price was $0.198 (Jun 2026). The lowest was $0.046 (Nov 1978).

How often is this page updated?

The source publishes monthly. We refresh every week, so the page updates soon after each new month is released.

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