Electricity rate history
Solar savings projections hinge on how fast electricity prices rise. Here's what actually happened in your state, from EIA data.
- Last 12 months
- 16.4¢through July 2026
- 2015–2025 growth
- 3.2%per year
- 2020–2025 growth
- 5.0%per year
- Last 12 months
- 26.9¢through July 2026
- 2015–2025 growth
- 2.8%per year
- 2020–2025 growth
- 3.0%per year
- Last 12 months
- 15.4¢through July 2026
- 2015–2025 growth
- 2.3%per year
- 2020–2025 growth
- 4.5%per year
- Last 12 months
- 13.4¢through July 2026
- 2015–2025 growth
- 2.7%per year
- 2020–2025 growth
- 4.3%per year
- Last 12 months
- 33.0¢through July 2026
- 2015–2025 growth
- 6.3%per year
- 2020–2025 growth
- 8.9%per year
- Last 12 months
- 16.6¢through July 2026
- 2015–2025 growth
- 2.6%per year
- 2020–2025 growth
- 4.9%per year
- Last 12 months
- 28.0¢through July 2026
- 2015–2025 growth
- 3.4%per year
- 2020–2025 growth
- 5.2%per year
- Last 12 months
- 17.8¢through July 2026
- 2015–2025 growth
- 2.5%per year
- 2020–2025 growth
- 6.4%per year
- Last 12 months
- 24.2¢through July 2026
- 2015–2025 growth
- 5.4%per year
- 2020–2025 growth
- 11.7%per year
- Last 12 months
- 15.4¢through July 2026
- 2015–2025 growth
- 2.8%per year
- 2020–2025 growth
- 6.2%per year
- Last 12 months
- 15.1¢through July 2026
- 2015–2025 growth
- 2.5%per year
- 2020–2025 growth
- 4.2%per year
- Last 12 months
- 43.5¢through July 2026
- 2015–2025 growth
- 3.2%per year
- 2020–2025 growth
- 5.9%per year
- Last 12 months
- 12.7¢through July 2026
- 2015–2025 growth
- 1.8%per year
- 2020–2025 growth
- 3.5%per year
- Last 12 months
- 18.8¢through July 2026
- 2015–2025 growth
- 3.5%per year
- 2020–2025 growth
- 6.3%per year
- Last 12 months
- 16.9¢through July 2026
- 2015–2025 growth
- 3.3%per year
- 2020–2025 growth
- 4.5%per year
- Last 12 months
- 14.1¢through July 2026
- 2015–2025 growth
- 1.6%per year
- 2020–2025 growth
- 1.8%per year
- Last 12 months
- 15.1¢through July 2026
- 2015–2025 growth
- 1.6%per year
- 2020–2025 growth
- 2.4%per year
- Last 12 months
- 13.9¢through July 2026
- 2015–2025 growth
- 2.5%per year
- 2020–2025 growth
- 3.9%per year
- Last 12 months
- 13.0¢through July 2026
- 2015–2025 growth
- 3.0%per year
- 2020–2025 growth
- 5.3%per year
- Last 12 months
- 29.3¢through July 2026
- 2015–2025 growth
- 5.9%per year
- 2020–2025 growth
- 10.5%per year
- Last 12 months
- 21.0¢through July 2026
- 2015–2025 growth
- 3.5%per year
- 2020–2025 growth
- 8.5%per year
- Last 12 months
- 30.4¢through July 2026
- 2015–2025 growth
- 4.4%per year
- 2020–2025 growth
- 6.7%per year
- Last 12 months
- 21.1¢through July 2026
- 2015–2025 growth
- 3.3%per year
- 2020–2025 growth
- 4.3%per year
- Last 12 months
- 16.2¢through July 2026
- 2015–2025 growth
- 2.7%per year
- 2020–2025 growth
- 3.8%per year
- Last 12 months
- 14.8¢through July 2026
- 2015–2025 growth
- 2.2%per year
- 2020–2025 growth
- 4.7%per year
- Last 12 months
- 14.0¢through July 2026
- 2015–2025 growth
- 1.7%per year
- 2020–2025 growth
- 3.5%per year
- Last 12 months
- 13.8¢through July 2026
- 2015–2025 growth
- 1.8%per year
- 2020–2025 growth
- 2.9%per year
- Last 12 months
- 12.9¢through July 2026
- 2015–2025 growth
- 1.3%per year
- 2020–2025 growth
- 2.2%per year
- Last 12 months
- 13.4¢through July 2026
- 2015–2025 growth
- 0.4%per year
- 2020–2025 growth
- 3.2%per year
- Last 12 months
- 26.7¢through July 2026
- 2015–2025 growth
- 2.9%per year
- 2020–2025 growth
- 5.2%per year
- Last 12 months
- 23.8¢through July 2026
- 2015–2025 growth
- 3.6%per year
- 2020–2025 growth
- 7.0%per year
- Last 12 months
- 15.3¢through July 2026
- 2015–2025 growth
- 1.8%per year
- 2020–2025 growth
- 2.8%per year
- Last 12 months
- 28.4¢through July 2026
- 2015–2025 growth
- 3.6%per year
- 2020–2025 growth
- 7.5%per year
- Last 12 months
- 14.8¢through July 2026
- 2015–2025 growth
- 2.2%per year
- 2020–2025 growth
- 4.2%per year
- Last 12 months
- 12.3¢through July 2026
- 2015–2025 growth
- 2.1%per year
- 2020–2025 growth
- 2.5%per year
- Last 12 months
- 18.3¢through July 2026
- 2015–2025 growth
- 2.8%per year
- 2020–2025 growth
- 6.6%per year
- Last 12 months
- 13.7¢through July 2026
- 2015–2025 growth
- 2.7%per year
- 2020–2025 growth
- 5.5%per year
- Last 12 months
- 15.5¢through July 2026
- 2015–2025 growth
- 3.8%per year
- 2020–2025 growth
- 6.7%per year
- Last 12 months
- 20.7¢through July 2026
- 2015–2025 growth
- 3.5%per year
- 2020–2025 growth
- 7.3%per year
- Last 12 months
- 29.3¢through July 2026
- 2015–2025 growth
- 4.3%per year
- 2020–2025 growth
- 6.0%per year
- Last 12 months
- 15.6¢through July 2026
- 2015–2025 growth
- 1.9%per year
- 2020–2025 growth
- 3.4%per year
- Last 12 months
- 14.2¢through July 2026
- 2015–2025 growth
- 1.9%per year
- 2020–2025 growth
- 2.5%per year
- Last 12 months
- 13.6¢through July 2026
- 2015–2025 growth
- 2.5%per year
- 2020–2025 growth
- 4.2%per year
- Last 12 months
- 16.0¢through July 2026
- 2015–2025 growth
- 2.9%per year
- 2020–2025 growth
- 5.6%per year
- Last 12 months
- 13.3¢through July 2026
- 2015–2025 growth
- 1.8%per year
- 2020–2025 growth
- 4.5%per year
- Last 12 months
- 23.8¢through July 2026
- 2015–2025 growth
- 2.9%per year
- 2020–2025 growth
- 3.1%per year
- Last 12 months
- 16.5¢through July 2026
- 2015–2025 growth
- 3.0%per year
- 2020–2025 growth
- 4.9%per year
- Last 12 months
- 14.1¢through July 2026
- 2015–2025 growth
- 3.8%per year
- 2020–2025 growth
- 5.9%per year
- Last 12 months
- 15.5¢through July 2026
- 2015–2025 growth
- 4.3%per year
- 2020–2025 growth
- 5.5%per year
- Last 12 months
- 18.7¢through July 2026
- 2015–2025 growth
- 2.5%per year
- 2020–2025 growth
- 4.8%per year
- Last 12 months
- 14.0¢through July 2026
- 2015–2025 growth
- 2.0%per year
- 2020–2025 growth
- 3.8%per year
| State | 2015 | 2025 | Last 12 months | 10-yr growth/yr | 5-yr growth/yr |
|---|---|---|---|---|---|
| Alabama | 11.70¢ | 16.09¢ | 16.44¢ | 3.2% | 5.0% |
| Alaska | 19.83¢ | 26.11¢ | 26.85¢ | 2.8% | 3.0% |
| Arizona | 12.13¢ | 15.26¢ | 15.40¢ | 2.3% | 4.5% |
| Arkansas | 9.82¢ | 12.87¢ | 13.43¢ | 2.7% | 4.3% |
| California | 16.99¢ | 31.35¢ | 32.99¢ | 6.3% | 8.9% |
| Colorado | 12.12¢ | 15.69¢ | 16.58¢ | 2.6% | 4.9% |
| Connecticut | 20.94¢ | 29.31¢ | 27.99¢ | 3.4% | 5.2% |
| Delaware | 13.42¢ | 17.15¢ | 17.79¢ | 2.5% | 6.4% |
| District of Columbia | 12.99¢ | 21.92¢ | 24.20¢ | 5.4% | 11.7% |
| Florida | 11.58¢ | 15.21¢ | 15.39¢ | 2.8% | 6.2% |
| Georgia | 11.54¢ | 14.74¢ | 15.12¢ | 2.5% | 4.2% |
| Hawaii | 29.60¢ | 40.40¢ | 43.51¢ | 3.2% | 5.9% |
| Idaho | 9.93¢ | 11.83¢ | 12.65¢ | 1.8% | 3.5% |
| Illinois | 12.50¢ | 17.67¢ | 18.79¢ | 3.5% | 6.3% |
| Indiana | 11.57¢ | 15.96¢ | 16.94¢ | 3.3% | 4.5% |
| Iowa | 11.63¢ | 13.62¢ | 14.13¢ | 1.6% | 1.8% |
| Kansas | 12.34¢ | 14.44¢ | 15.09¢ | 1.6% | 2.4% |
| Kentucky | 10.24¢ | 13.13¢ | 13.92¢ | 2.5% | 3.9% |
| Louisiana | 9.33¢ | 12.52¢ | 12.99¢ | 3.0% | 5.3% |
| Maine | 15.61¢ | 27.69¢ | 29.31¢ | 5.9% | 10.5% |
| Maryland | 13.82¢ | 19.53¢ | 21.03¢ | 3.5% | 8.5% |
| Massachusetts | 19.83¢ | 30.41¢ | 30.43¢ | 4.4% | 6.7% |
| Michigan | 14.42¢ | 20.03¢ | 21.05¢ | 3.3% | 4.3% |
| Minnesota | 12.12¢ | 15.83¢ | 16.22¢ | 2.7% | 3.8% |
| Mississippi | 11.27¢ | 14.03¢ | 14.77¢ | 2.2% | 4.7% |
| Missouri | 11.21¢ | 13.30¢ | 13.95¢ | 1.7% | 3.5% |
| Montana | 10.88¢ | 12.99¢ | 13.84¢ | 1.8% | 2.9% |
| Nebraska | 10.60¢ | 12.05¢ | 12.86¢ | 1.3% | 2.2% |
| Nevada | 12.76¢ | 13.26¢ | 13.36¢ | 0.4% | 3.2% |
| New Hampshire | 18.50¢ | 24.53¢ | 26.67¢ | 2.9% | 5.2% |
| New Jersey | 15.81¢ | 22.48¢ | 23.78¢ | 3.6% | 7.0% |
| New Mexico | 12.47¢ | 14.85¢ | 15.32¢ | 1.8% | 2.8% |
| New York | 18.54¢ | 26.39¢ | 28.39¢ | 3.6% | 7.5% |
| North Carolina | 11.28¢ | 14.00¢ | 14.77¢ | 2.2% | 4.2% |
| North Dakota | 9.62¢ | 11.82¢ | 12.32¢ | 2.1% | 2.5% |
| Ohio | 12.80¢ | 16.90¢ | 18.25¢ | 2.8% | 6.6% |
| Oklahoma | 10.14¢ | 13.21¢ | 13.70¢ | 2.7% | 5.5% |
| Oregon | 10.66¢ | 15.46¢ | 15.50¢ | 3.8% | 6.7% |
| Pennsylvania | 13.64¢ | 19.29¢ | 20.70¢ | 3.5% | 7.3% |
| Rhode Island | 19.29¢ | 29.48¢ | 29.27¢ | 4.3% | 6.0% |
| South Carolina | 12.57¢ | 15.12¢ | 15.64¢ | 1.9% | 3.4% |
| South Dakota | 11.08¢ | 13.32¢ | 14.20¢ | 1.9% | 2.5% |
| Tennessee | 10.30¢ | 13.22¢ | 13.56¢ | 2.5% | 4.2% |
| Texas | 11.56¢ | 15.40¢ | 15.96¢ | 2.9% | 5.6% |
| Utah | 10.88¢ | 13.02¢ | 13.32¢ | 1.8% | 4.5% |
| Vermont | 17.09¢ | 22.79¢ | 23.80¢ | 2.9% | 3.1% |
| Virginia | 11.37¢ | 15.28¢ | 16.48¢ | 3.0% | 4.9% |
| Washington | 9.09¢ | 13.17¢ | 14.12¢ | 3.8% | 5.9% |
| West Virginia | 10.08¢ | 15.39¢ | 15.48¢ | 4.3% | 5.5% |
| Wisconsin | 14.11¢ | 18.08¢ | 18.74¢ | 2.5% | 4.8% |
| Wyoming | 10.97¢ | 13.37¢ | 14.01¢ | 2.0% | 3.8% |
Use history, not hype
Prices don't rise in a straight line. They jump with fuel costs, storms and big grid investments, then flatten. Over the long run, U.S. residential prices have roughly tracked inflation. When a salesperson's projection assumes prices rise faster than your state's history, ask them to rerun it at a realistic rate.
Source: EIA Form 861 annual data 2010–2025 and EIA-861M monthly data through July 2026.
Questions
How fast do electricity prices rise each year?
U.S. average residential prices rose about 3.1% a year from 2005 to 2025 before inflation, and about 0.5% a year after inflation (EIA, BLS). Individual states range from nearly flat to over 6% a year.
What rate increase should I use for solar savings?
Use something close to your state's long-run history. Our calculator uses each state's 2015–2025 average, capped between 1.5% and 4% a year. Be skeptical of sales projections that assume 5% or more.