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Ohio electricity prices, December 2023

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

In December 2023, residential customers in Ohio paid an average of 15.57¢ per kilowatthour, up 11.5% on the same month a year earlier (13.97¢). The US average for the month was 15.69¢; Ohio was about the same as that. It ranked 18th highest among the 50 states and the District of Columbia.

Residential sales were 4,366,965 MWh, down 12.1% on a year earlier, and the average residential bill for the month was $132.58 on 852 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.

15.57¢residential, per kWh+11.5% on Dec 2022
$132.58average residential bill for the monthon 852 kWh
4.4 TWhresidential sales-12.1% on a year earlier
18thhighest residential price of 51US 15.69¢

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

SectorDec 2023Dec 2022ChangeUS, Dec 2023
Residential15.57¢13.97¢+11.5%15.69¢
Commercial10.56¢10.14¢+4.1%12.24¢
Industrial6.71¢7.02¢-4.4%7.61¢
All sectors11.06¢10.58¢+4.5%12.34¢

Sales and customers

MeasureDec 2023Dec 2022Change
Residential sales4.4 TWh5 TWh-12.1%
Sales, all sectors12.3 TWh13.1 TWh-6.2%
Residential customers5,127,9325,094,835+0.6%
Average residential bill$132.58$136.26-2.7%
Average residential use, kWh852976-12.7%
US residential price15.69¢14.94¢+5.0%

The two years to December 2023

0¢5¢10¢15¢20¢Dec 2021Apr 2022Aug 2022Dec 2022Apr 2023Aug 2023Dec 2023

Ohio residentialUS residential

Cents per kWh, Form EIA-861M.
← November 2023January 2024 →

Questions and answers

What was the average electricity price in Ohio in December 2023?

15.57¢ per kilowatthour for residential customers, 10.56¢ for commercial and 6.71¢ for industrial customers. EIA marks the month as final.

How does that compare with a year earlier?

The residential average was 13.97¢ in December 2022, a change of +11.5%. Residential sales changed by -12.1% over the same period.

What was the average residential bill that month?

$132.58, on average use of 852 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 Ohio page.