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Rhode Island electricity prices, October 2022

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

In October 2022, residential customers in Rhode Island paid an average of 24.60¢ per kilowatthour, up 9.9% on the same month a year earlier (22.39¢). The US average for the month was 15.99¢; Rhode Island was 54% above that. It ranked 6th highest among the 50 states and the District of Columbia.

Residential sales were 201,504 MWh, down 12.7% on a year earlier, and the average residential bill for the month was $112.30 on 456 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.

24.60¢residential, per kWh+9.9% on Oct 2021
$112.30average residential bill for the monthon 456 kWh
201.5 GWhresidential sales-12.7% on a year earlier
6thhighest residential price of 51US 15.99¢

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

SectorOct 2022Oct 2021ChangeUS, Oct 2022
Residential24.60¢22.39¢+9.9%15.99¢
Commercial16.37¢15.46¢+5.9%12.89¢
Industrial17.28¢16.10¢+7.3%8.45¢
All sectors19.48¢18.31¢+6.4%12.66¢

Sales and customers

MeasureOct 2022Oct 2021Change
Residential sales201.5 GWh230.7 GWh-12.7%
Sales, all sectors550.1 GWh573.4 GWh-4.1%
Residential customers441,464453,176-2.6%
Average residential bill$112.30$113.99-1.5%
Average residential use, kWh456509-10.4%
US residential price15.99¢14.06¢+13.7%

The two years to October 2022

0¢10¢20¢30¢Oct 2020Feb 2021Jun 2021Oct 2021Feb 2022Jun 2022Oct 2022

Rhode Island residentialUS residential

Cents per kWh, Form EIA-861M.
← September 2022November 2022 →

Questions and answers

What was the average electricity price in Rhode Island in October 2022?

24.60¢ per kilowatthour for residential customers, 16.37¢ for commercial and 17.28¢ for industrial customers. EIA marks the month as final.

How does that compare with a year earlier?

The residential average was 22.39¢ in October 2021, a change of +9.9%. Residential sales changed by -12.7% over the same period.

What was the average residential bill that month?

$112.30, on average use of 456 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 Rhode Island page.