State Electricity Costs Driven by Energy Source

Photo of Paul Ausick
By Paul Ausick Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
State Electricity Costs Driven by Energy Source

© Thinkstock

Residents of Alabama pay more for electricity than residents of any other state — a monthly bill of $146. The state’s primary source of fuel for electricity generation is natural gas.

New Mexico residents pay the least for electricity — $76 in a state where the primary source of energy is coal.

The least expensive single fuel overall is coal and the most expensive is petroleum liquids, the major source of power generation in Hawaii.

Those results were compiled from U.S. Energy Information Administration data by HowMuch.net. The researchers noted:

While central air conditioners and home heating units can play a role in determining a state’s average electricity cost, the factor that drives the price the most is the source for generating power. States that use coal as their source to generate power have the least expensive average monthly electricity bills, while states that use peak natural gas and nuclear energy to generate power have the highest average monthly bills.

[nativounit]

The five states with the highest electricity prices and the primary fuel source are:

  1. Alabama: $146 per month; natural gas
  2. South Carolina: $143; nuclear
  3. Connecticut: $142; natural gas
  4. Maryland: $141; nuclear
  5. Hawaii: $139; petroleum liquids

The five states where electricity is cheapest are:

  1. New Mexico: $76; coal
  2. Utah: $83; coal
  3. Colorado: $84; coal
  4. Maine: $86; other renewables
  5. Montana: $89; coal

Among the 50 states and the District of Columbia, 20 of them depend on coal as their primary energy source, 19 use natural gas, five rely on hydropower, five depend on nuclear generation, while one relies on petroleum liquids and one on renewables.

See Hownuch.net for a map of monthly prices and fuel sources.

[recirclink id=402919]

[wallst_email_signup]

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for a673b.bigscoots-temp.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618