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Rhode Island electricity prices, September 2024

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

In September 2024, residential customers in Rhode Island paid an average of 28.71¢ per kilowatthour, up 13.6% on the same month a year earlier (25.27¢). The US average for the month was 16.82¢; Rhode Island was 71% above that. It ranked 5th highest among the 50 states and the District of Columbia.

Residential sales were 247,200 MWh, down 15.3% on a year earlier, and the average residential bill for the month was $151.71 on 528 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.

28.71¢residential, per kWh+13.6% on Sep 2023
$151.71average residential bill for the monthon 528 kWh
247.2 GWhresidential sales-15.3% on a year earlier
5thhighest residential price of 51US 16.82¢

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

SectorSep 2024Sep 2023ChangeUS, Sep 2024
Residential28.71¢25.27¢+13.6%16.82¢
Commercial22.42¢19.07¢+17.6%13.23¢
Industrial20.45¢19.07¢+7.2%8.45¢
All sectors24.78¢21.75¢+13.9%13.34¢

Sales and customers

MeasureSep 2024Sep 2023Change
Residential sales247.2 GWh291.8 GWh-15.3%
Sales, all sectors614.4 GWh674.2 GWh-8.9%
Residential customers467,835454,370+3.0%
Average residential bill$151.71$162.26-6.5%
Average residential use, kWh528642-17.8%
US residential price16.82¢16.27¢+3.4%

The two years to September 2024

0¢10¢20¢30¢40¢Sep 2022Jan 2023May 2023Sep 2023Jan 2024May 2024Sep 2024

Rhode Island residentialUS residential

Cents per kWh, Form EIA-861M.
← August 2024October 2024 →

Questions and answers

What was the average electricity price in Rhode Island in September 2024?

28.71¢ per kilowatthour for residential customers, 22.42¢ for commercial and 20.45¢ for industrial customers. EIA marks the month as final.

How does that compare with a year earlier?

The residential average was 25.27¢ in September 2023, a change of +13.6%. Residential sales changed by -15.3% over the same period.

What was the average residential bill that month?

$151.71, on average use of 528 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.