Lowest Industrial Electricity Rates In Usa

4 37 cents per kwh montana.

Lowest industrial electricity rates in usa.

The electric bill is always calculated based on the amount of consumed energy and the price per unit. 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. Across the united states the average business consumes 6 278 kwh of electricity per month and received a bill of about 688 in june. Electric rates for companies vary greatly by industry and function.

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. Energy information administration the following 10 states have the lowest average industrial electricity rates in the country. We monitor the whole market and include the cheapest tariffs from all the major electricity suppliers. How to find the lowest industrial electricity rates.

Although homes come in all shapes and sizes businesses have larger variations with diverse needs from industrial buildings to mom and pop. In 2019 industrial consumers paid an average price of around 6 83 u s. 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. From this data we can see the state with the lowest electric rates is louisiana.

Based on factors such as demand and available plans the amount that is paid can vary from state to state. 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. Where is the cheapest electricity in the usa.

On average homes in louisiana pay 9 53 cents per kwh. Find the cheapest industrial electricity rates in less than 60 seconds using the business electricity prices comparison tool. This calculation also applies to the average price per therm for utility piped gas. What state has the highest electric bill.

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. According to the u s. Average price of electricity to ultimate customers by end use sector by state june 2020 and 2019 cents per kilowatthour.