Electricity Cost Calculator By State
So these costs are not included in this calculator tool.
Electricity cost calculator by state. Energy information administration louisiana has the cheapest electricity costs with residents paying 7 71 cents per kilowatt while hawaii has the most. It is mostly defined slab wise and the cost increases as units on electricity bill increase. This electricity cost calculator works out how much electricity a particular electrical appliance will use and how much it will cost. Rhode island customers are paying nearly 20 more for electricity in 2018.
States with the highest average utility cost. The electricity cost per day in dollars is equal to the energy consumption e in kwh per day times the energy cost of 1 kwh in cents kwh divided by 100 cents per dollar. For example the average cost per kwh for maryland homes in this month s report was 12 84 cents which amounts to an average bill of about 115 17 12 84 cents x 897 kwh that month. This is mostly dependent on the connected load that the utility provides you.
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. The state that saw the great increase in prices for electricity is rhode island. 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. Cost day e kwh day cost cent kwh 100 cent.
And instead of creating a simple heat map comparing total prices we broke each state into a diagram illustrating how much each one costs letting you easily see which states and which utilities drive the highest monthly expenditures. The residential average per kilowatt hour currently ranges from 9 3 cents in louisiana. This calculator is a great way of cutting back on your energy use and saving on your electricity bills. Based on factors such as demand and available plans the amount that is paid can vary from state to state.
This cost calculator is a screening tool that estimates a product s lifetime energy cost savings at various efficiency levels. According to 2019 data from the u s. To estimate average monthly energy bills multiply the average home s electricity usage 897 kwh by the cost per kwh in your state for that month. Maintenance and installation costs do not vary significantly among the same product having different efficiencies.