Lowest Industrial Electricity Rates In Usa

The electric bill is always calculated based on the amount of consumed energy and the price per unit.

Lowest industrial electricity rates in usa.

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. In 2019 industrial consumers paid an average price of around 6 83 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. Industrial electricity rates in louisiana average 4 76 kwh which ranks the state 50th in the nation.

Industrial electricity rates in la. 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. Across the united states the average business consumes 6 278 kwh of electricity per month and received a bill of about 688 in june.

This statistic gives the industrial consumer prices for retail electricity in the united states between 1970 and 2019. Where is the cheapest electricity in the usa. 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. Find the cheapest industrial electricity rates in less than 60 seconds using the business electricity prices comparison tool.

On average homes in louisiana pay 9 53 cents per kwh. 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. Based on factors such as demand and available plans the amount that is paid can vary from state to state. Energy information administration the following 10 states have the lowest average industrial electricity rates in the country.

Electric rates for companies vary greatly by industry and function. 4 37 cents per kwh montana. Average price of electricity to ultimate customers by end use sector by state june 2020 and 2019 cents per kilowatthour. 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.

From this data we can see the state with the lowest electric rates is louisiana. The approximate range of industrial electricity rates in the u s. This calculation also applies to the average price per therm for utility piped gas.