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States › Nebraska › May 2024

Nebraska electricity prices, May 2024

Average price, sales and bills for the month against the same month a year earlier and the US. Final

In May 2024, residential customers in Nebraska paid an average of 11.96¢ per kilowatthour, up 1.6% on the same month a year earlier (11.77¢). The US average for the month was 16.40¢; Nebraska was 27% below that. It ranked 47th highest among the 50 states and the District of Columbia.

Residential sales were 673,861 MWh, down 3.2% on a year earlier, and the average residential bill for the month was $88.98 on 744 kWh. Weather moves monthly sales far more than prices do, so bills swing with the season.

EIA marks this month as final. Final monthly figures are benchmarked to the annual Form EIA-861 census of utilities.

11.96¢residential, per kWh+1.6% on May 2023
$88.98average residential bill for the monthon 744 kWh
673.9 GWhresidential sales-3.2% on a year earlier
47thhighest residential price of 51US 16.40¢

Average price is revenue divided by sales for the sector and year; it is not a tariff rate. Reliability figures are as reported by utilities to EIA on Form 861 and may use different calculation methods. Monthly figures come from the Form EIA-861M sample and are revised when EIA finalises the year.

Price by sector

SectorMay 2024May 2023ChangeUS, May 2024
Residential11.96¢11.77¢+1.6%16.40¢
Commercial8.00¢8.66¢-7.6%12.32¢
Industrial7.63¢7.44¢+2.6%7.87¢
All sectors8.88¢9.06¢-2.0%12.47¢

Sales and customers

MeasureMay 2024May 2023Change
Residential sales673.9 GWh696.2 GWh-3.2%
Sales, all sectors2.6 TWh2.5 TWh+4.2%
Residential customers905,502890,964+1.6%
Average residential bill$88.98$92.00-3.3%
Average residential use, kWh744781-4.7%
US residential price16.40¢16.14¢+1.6%

The two years to May 2024

0¢5¢10¢15¢20¢May 2022Sep 2022Jan 2023May 2023Sep 2023Jan 2024May 2024

Nebraska residentialUS residential

Cents per kWh, Form EIA-861M.
← April 2024June 2024 →

Questions and answers

What was the average electricity price in Nebraska in May 2024?

11.96¢ per kilowatthour for residential customers, 8.00¢ for commercial and 7.63¢ for industrial customers. EIA marks the month as final.

How does that compare with a year earlier?

The residential average was 11.77¢ in May 2023, a change of +1.6%. Residential sales changed by -3.2% over the same period.

What was the average residential bill that month?

$88.98, on average use of 744 kWh. This is residential revenue divided by residential customers for the month.

Provenance

Source: U.S. Energy Information Administration, Form EIA-861M sales and revenue workbook (state by sector and month), status "Final" for this month, series published through July 2026. Public domain. Price = revenue ÷ sales; bill = residential revenue ÷ residential customers. Utility-level annual figures are on the Nebraska page.