Highest electricity prices in the United States 2024, by state

In 2024, Hawaiian residents paid around ****** U.S. dollars per million British thermal unit for electricity, by far the highest price in the country. This was significantly more than electricity prices in California that year, which was the second most expensive U.S. state for electricity purchases.

Electricity prices across economic sectors in the U.S.

Residential customers in the U.S. paid the highest electricity prices compared to other economic sectors. In Hawaii, prices were substantially above the national average. By comparison, electricity prices for the industrial sector and the commercial sector were considerably lower.

Electricity sources in the U.S.

In 2023, most of the electricity generated in the U.S. came from natural gas, with the country being a leading global producer. Thanks to its relatively self-sufficient power sector, the U.S. was less affected by the 2022 energy crisis than many other regions, particularly Europe. In contrast, Hawaii’s high electricity prices are largely due to its reliance on imported oil for power generation.