29 U.S. States Where Energy Costs Are at an All-Time Low

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Energy costs in the United States differ from state to state based on factors such as energy production, resource availability, and government policies. The following 29 states have the lowest electricity rates, making them attractive locations for residents and businesses.

Utah: 10.91 ¢/kWh

Utah has the most affordable electricity in the country, at just 10.91 cents per kilowatt-hour, far below the current national average. This is due to the large amounts of readily available cheap coal and the increasing investments in solar and wind. Energy efficiencies have allowed Utah to contain demand, putting a lid on the costs imposed on consumers. The biggest solar thermal plant in the world is in Utah: Crescent Dunes Solar Energy Project. At its highest capacities, it should be able to generate 110 megawatts of electricity.

North Dakota: 11.31 ¢/kWh

North Dakota ranks next at 11.31 cents per kWh for electricity. The two significant factors for cheap energy are that the state is sparsely populated and produces large amounts of energy. Over 30% of the electricity in the state comes from wind turbines. Additionally, the state has vast coal deposits, which make the power supply constant and affordable. North Dakota has more cows than people, and some dairy farms are now using biogas energy from cow manure to generate electricity.

Idaho: 11.34 ¢/kWh

Idaho has very low electricity prices, at 11.34 cents per kWh, because hydroelectric power is abundant in the state. Hydropower accounts for more than 60% of Idaho’s electricity generation, reducing the reliance on costly fossil fuels. Idaho also boasts some of the lowest property taxes in the nation, keeping utility costs manageable for residents. The state is also known as the “Hydropower State” because of its extensive river and dam system.

Louisiana – 11.87 ¢/kWh

The state benefits from an abundant supply of natural gas, which keeps the electricity price low at 11.87 cents per kWh. It is also among the best natural gas-producing states in the country. The state’s energy policy promotes supplier competition, leading to cost savings. Industrial users, especially in oil refining and petrochemicals, also keep residential prices reasonable.

Nebraska – 12.25 ¢/kWh

Nebraska is the only state wherein all electricity is distributed by publicly owned utilities, keeping cost levels low at 12.25 cents per kWh. Also, the state enjoys a diversified combination of its energy mix that includes wind, natural gas, and coal as sources to maintain stable electricity prices. In Nebraska, expenditures on wind energy amount to over 30% of the power used within the state.

Washington – 12.39 ¢/kWh

Washington state has abundant hydroelectric power resources, which keep electricity costs at 12.39 cents per kWh. Hydropower produces nearly 70% of the electricity in Washington, making it one of the cleanest energy producers in the United States. The Grand Coulee Dam in Washington has one of the largest hydroelectric power plants in the world and plays a vital role in the state’s economy.

Montana – 12.54 ¢/kWh

Montana is blessed with low electricity prices because of the diversity of its producing facilities, which include hydroelectric, wind, and coal. Its energy market has remained relatively stable, although fuel price volatility is 12.54 cents per kWh. Big rivers and powerful wind corridors support the renewable development industry in Montana. As one of the windiest states in the U.S., Montana’s wind farms help power thousands of homes each year.

Arkansas – 12.60 ¢/kWh

Arkansas’s electricity rates are low at 12.60 cents per kWh, and the state’s electricity is a balanced mix of natural gas, nuclear, and hydropower. This is one of the states in the U.S. with the lowest cost of living, and low energy prices play a part. The Arkansas Nuclear One power plant produces almost 20% of the state’s electricity, playing a crucial role in the steady rates in the state.

Missouri – 12.70 ¢/kWh

Missouri is home to the largest underground power plant in the U.S., the Taum Sauk Hydroelectric Plant, which uses pumped storage technology. The state’s well-developed coal industry and focus on renewable projects like wind and solar have helped to keep power costs quite affordable at 12.70 cents per kWh. The state’s energy policies also promote affordability and reliability, which have benefited residents.

Wyoming – 12.78 ¢/kWh

Wyoming is a powerhouse of energy production, focusing on coal, wind, and natural gas. At 12.78 cents per kWh, the state offers its residents one of the most affordable electricity rates. Wyoming is also the largest coal producer in the U.S., with nearly 40% of all coal mined in the country emerging from the state, enabling Wyoming to supply power to multiple states.

Oklahoma – 12.80 ¢/kWh

Oklahoma has been able to lower energy expenses to 12.80 cents per kWh through the ample reserves of natural gas and the increased speed of expanding its wind sector energy. As one of the top five wind-powered sectors in the U.S., electricity becomes stable by maintaining the power supply. The state provides enough wind energy to power up to 2.5 million homes.

Oregon – 12.81 ¢/kWh

Oregon keeps electricity rates at 12.81 cents per kWh, mainly because of its extensive hydroelectric power resources. Hydropower supplies nearly 50% of the state’s electricity, reducing reliance on fossil fuels and stabilizing prices. Oregon is also a leader in wind and solar energy, contributing to its affordable and sustainable energy mix. Clean energy initiatives and grid modernization efforts help ensure long-term price stability.

Tennessee – 13.00 ¢/kWh

Tennessee provides relatively low-priced electricity at 13.00 cents per kilowatt-hour, mainly through the Tennessee Valley Authority (TVA), a federally owned utility that sells its power cheaply. The TVA produces electricity through a combination of hydroelectric, nuclear, and coal-fired power plants, and it runs 29 hydroelectric dams, making Tennessee one of the biggest hydro-powered states in the southeast U.S. The state also benefits from significant industrial energy consumption that helps stabilize the residential electricity rate.

Kentucky – 13.77 ¢/kWh

Kentucky’s electricity prices are still low at 13.77 cents per kWh, mainly because the state relies on coal. The state has some of the largest coal reserves in the country, which it supplies to residents and businesses at competitive prices. Furthermore, Kentucky has been investing in energy efficiency programs to help reduce demand and stabilize prices. Kentucky is also home to the largest power plant in the United States, called the Paradise Fossil Plant, which supplies more than 2,000 megawatts of electricity.

South Dakota – 13.80 ¢/kWh

South Dakota combines hydroelectric and wind energy to ensure that electricity costs remain low, amounting to 13.80 cents per kWh. The state has one of the highest percentages of electricity generated from wind power, with nearly 40% of its energy sourced from wind turbines. Hydropower from the Missouri River adds to South Dakota’s low energy prices.

North Carolina – 13.83 ¢/kWh

North Carolina has kept electricity rates low at 13.83 cents per kWh through nuclear, solar, and natural gas energy mix. The state is ranked second in the country for total installed solar capacity, which has helped stabilize electricity costs. North Carolina’s energy policies promote competition, which benefits consumers with lower prices. The Shearon Harris Nuclear Plant produces enough electricity to power over 550,000 homes.

West Virginia – 13.85 ¢/kWh

For a long time, West Virginia was considered to have produced large amounts of coal and kept electricity prices to 13.85 cents per kWh. Nearly 90% of the state produces its power from coal, making it one of the most coal-dependent states in the country. While renewable energy is gaining some ground in various states, coal is still a dominant force in West Virginia.

Iowa – 13.28 ¢/kWh

Iowa is a wind energy powerhouse, with wind turbines generating over 55% of the state’s electricity. This significant wind power production helps keep costs at 13.28 cents per kWh. Iowa has also invested in biofuels and solar energy, making it a leader in renewable energy adoption. It was also the first state in the U.S. to mandate ethanol-blended gasoline, further cementing its commitment to renewable energy.

Kansas – 14.83 ¢/kWh

With vast wind resources, Kansas has kept electricity costs low at 14.83 cents per kWh. Around 40% of the electric supply is from the thousands of wind turbines operating throughout Kansas, making it one of the top five national wind power production leaders. Other energy sources in the state come from coal and a mixture of other natural gases.

Alabama – 15.48 ¢/kWh

Alabama maintains electricity expenses low at 15.48 cents per kWh by utilizing nuclear, hydroelectric, and natural gas energy. The state features the Browns Ferry Nuclear Plant, one of the largest nuclear plants in the United States, which generates most of Alabama’s electricity. Alabama’s Tallapoosa River is filled with hydroelectric dams that have powered the state since the early 1900s.

Arizona – 15.17 ¢/kWh

Arizona is characterized by constant sunshine and has incorporated solar power as an integral component of its energy portfolio. Its electricity rate, at 15.17 cents per kWh, enables residents to keep utility costs low and makes investment in renewable energy beneficial for cost stabilization. Arizona is home to the Palo Verde Nuclear Generating Station, the largest nuclear power station in the U.S.

Colorado – 15.26 ¢/kWh

Colorado maintains an energy portfolio that includes wind, solar, coal, and natural gas, leading to low rates of 15.26 cents per kWh. In recent years, the renewable energy sector has grown, and wind power now accounts for around 30% of Colorado’s electricity. Colorado’s Mount Elbert Pumped-Storage Hydroelectric Plant is a key part of the state’s energy grid, helping store electricity during low-demand periods.

Florida – 14.27 ¢/kWh

Florida maintains relatively low energy prices at 14.27 cents per kWh. Nicknamed the “Sunshine State,” Florida’s energy sector relies heavily on solar power and a mix of natural gas and nuclear power. The state has also been expanding its solar energy sector, taking advantage of its sunny climate to reduce reliance on fossil fuels.

Georgia – 14.31 ¢/kWh

Georgia maintains a competitive electricity rate of 14.31 cents per kWh with the help of a diverse energy portfolio, which includes nuclear, natural gas, coal, and renewable energy sources. One of Georgia’s top attractions is the Plant Vogtle massive nuclear power facility that houses two of the newest reactors in the U.S. Nuclear energy generates 25% of Georgia’s electricity, which means that the state has a firm and stable power supply, ensuring a reasonable price level.

Indiana – 16.33 ¢/kWh

Indiana provides electricity at 16.33 cents per kWh. The state has relied on coal for centuries and coal-fired power plants, which still supply more than 50% of its electricity. However, the past few years have seen the state move toward cleaner energy sources, such as natural gas and wind power. The Fowler Ridge Wind Farm covers over 50,000 acres of land and is set to produce enough electricity to power well over 200,000 homes, making it one of the largest wind farms in the U.S.

Illinois – 17.21 ¢/kWh

Illinois has one of the most diversified energy grids in the U.S., with its average electricity cost at 17.21 cents per kWh. The state is a leader in nuclear power generation in the country, with its nuclear plants generating more than half of Illinois’ electricity. This dependence on nuclear energy ensures price stability and reduces greenhouse gas emissions. Illinois also has a growing renewable energy sector, with significant wind and solar power investments.

Maryland – 18.42 ¢/kWh

Maryland’s electricity cost is 18.42 cents/kWh, primarily due to its high population and reliance on imported power. Nevertheless, the state continues shifting sharply towards renewable energies to cut costs and live sustainably. Maryland is investing huge amounts in offshore wind farms, predicted to produce enough electricity to power more than 100,000 homes while decreasing carbon emissions.

Delaware – 18.10 ¢/kWh

Electricity rates in Delaware average 18.10 cents per kWh, mainly because of its small geographic size and reliance on imported power. Delaware obtains its electricity from powers in other states, leading to the state’s relatively high energy prices. However, Delaware has been developing renewable energy, particularly solar power, with solar programs to allow residents to invest in shared solar farms that reduce their dependence on traditional energy sources.

Texas – 12.00 ¢/kWh

Texas has one of the lowest electricity rates in the country, at just 12.00 cents per kWh. The state’s deregulated energy market allows consumers to choose from multiple providers, fostering competition and driving down prices. Texas is also the country’s leader in wind power, where wind turbines supply nearly 30% of the state’s electricity. Natural gas also plays a vital role in Texas’ energy sector, accounting for more than 40% of its electricity generation.

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