Power Bill Facts

New Hampshire electricity prices, January 2024

The month beside the same month one year before and beside the US.

Month
January 2024, final
File
Form EIA-861M
Price among 51
7th from the highest

The average residential price in New Hampshire was 24.85 cents per kilowatt-hour (kWh) in January 2024. Final

In January 2023, the price was 31.68 cents per kWh. The January 2024 price was 6.83 cents per kWh lower than the January 2023 price.

The US average was 15.41 cents per kWh in January 2024. In January 2024, New Hampshire had the 7th highest average residential price among the 50 states and the District of Columbia.

The average bill of a residential customer for the month was $174.97, for 704 kWh. A bill for one month changes with the season.

EIA marks this month as final. EIA adjusted the months of this year to the final Form EIA-861 data.

Average price of electricity to ultimate consumers represents the cost per unit of electricity sold and is calculated by dividing electric revenue from ultimate consumers by the corresponding sales of electricity.

The average price of electricity to ultimate consumers reported in this publication by sector represents a weighted average of consumer revenue and sales, and does not equal the per kWh rate charged by the electric power industry participant to the individual consumers.

EIA's words. Source: U.S. Energy Information Administration, Electric Power Monthly, Technical notes, section "Form EIA-861" (March 2024). "This publication" is the Electric Power Monthly.

In plain words: the average price is revenue divided by sales. It is not the rate on a rate schedule. The figures on this page are EIA's own state averages. Monthly data through .

Average price by sector

Cents per kWh

New Hampshire: average price by sector, January 2024
SectorJan 2024 cents per kWhJan 2023 cents per kWhChange percentUS, Jan 2024 cents per kWh
Residential24.8531.68-21.6%15.41
Commercial20.2323.11-12.5%12.50
Industrial17.3017.24+0.3%8.07
All sectors21.9126.25-16.5%12.65

Sales, customers and bill

Residential, unless the row says all sectors

New Hampshire: sales, customers and the residential bill, January 2024
FigureJan 2024Jan 2023Change percent
Residential sales457.5 GWh447.5 GWh+2.2%
Sales, all sectors972.2 GWh940.2 GWh+3.4%
Residential customers649,949645,616+0.7%
Average residential bill (dollars in the month)$174.97$219.55-20.3%
Average residential use (kWh in the month)704693+1.6%
US residential price (cents per kWh)15.4115.47-0.4%

The 25 months to January 2024

Form EIA-861M

cents per kWh010203040Jan 2022May 2022Sep 2022Jan 2023May 2023Sep 2023Jan 2024cents per kWh010203040Jan 2022Aug 2022Mar 2023Jan 2024

New Hampshire, residentialUS, residential

Cents per kWh, Form EIA-861M.

Where the figures come from

Source: U.S. Energy Information Administration, Form EIA-861M sales and revenue workbook (state by sector and month). EIA status of this month: final. The series runs through July 2026. The average price is revenue divided by sales. The average bill is residential revenue divided by residential customers. The annual figures of each utility are on the New Hampshire page.

Questions about January 2024 in New Hampshire

What did businesses pay for electricity in New Hampshire in January 2024?
The average commercial price was 20.23 cents per kWh. The average industrial price was 17.30 cents per kWh. The average for all sectors was 21.91 cents per kWh.
How much electricity did residential customers in New Hampshire buy in January 2024?
Residential customers bought 457.5 GWh of electricity in January 2024. One GWh is 1,000,000 kWh. The quantity was 2.2% higher than the quantity in January 2023.
How many residential customers did New Hampshire have in January 2024?
New Hampshire had 649,949 residential customers in January 2024. The number was 0.7% higher than the number in January 2023. A customer is one account or one meter, not one person.