Lowest Industrial Electricity Rates In Usa

This statistic gives the industrial consumer prices for retail electricity in the united states between 1970 and 2019.

Lowest industrial electricity rates in usa.

In 2019 industrial consumers paid an average price of around 6 83 u s. Industrial electricity rates in la. We monitor the whole market and include the cheapest tariffs from all the major electricity suppliers. The average industrial electricity rate of 4 76 kwh in la is 28 64 less than the national average industrial rate of 6 67 kwh.

The approximate range of industrial electricity rates in the u s. Although homes come in all shapes and sizes businesses have larger variations with diverse needs from industrial buildings to mom and pop. This calculation also applies to the average price per therm for utility piped gas. 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.

What state has the highest electric bill. Based on factors such as demand and available plans the amount that is paid can vary from state to state. Industrial electricity rates in louisiana average 4 76 kwh which ranks the state 50th in the nation. Where is the cheapest electricity in the usa.

According to the u s. Surprisingly the title of the cheapest electricity state is given to louisiana with an average retail electricity price of 7 71 cents per kilowatt hour. Across the united states the average business consumes 6 278 kwh of electricity per month and received a bill of about 688 in june. From this data we can see the state with the lowest electric rates is louisiana.

The electric bill is always calculated based on the amount of consumed energy and the price per unit. Average price of electricity to ultimate customers by end use sector by state june 2020 and 2019 cents per kilowatthour. The total bill is the sum of all items applicable to all consumers appearing on an electricity bill including but not limited to variable rates per kwh fixed costs taxes surcharges and credits. 4 37 cents per kwh montana.

How to find the lowest industrial electricity rates. 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. Electric rates for companies vary greatly by industry and function.