Power Bill Facts

Utah electricity prices, August 2023

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

Month
August 2023, final
File
Form EIA-861M
Price among 51
48th from the highest

The average residential price in Utah was 11.67 cents per kilowatt-hour (kWh) in August 2023. Final

In August 2022, the price was 11.33 cents per kWh. The August 2023 price was 0.34 cents per kWh higher than the August 2022 price.

The US average was 15.91 cents per kWh in August 2023. In August 2023, Utah had the 48th highest average residential price among the 50 states and the District of Columbia.

The average bill of a residential customer for the month was $120.13, for 1,029 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

Utah: average price by sector, August 2023
SectorAug 2023 cents per kWhAug 2022 cents per kWhChange percentUS, Aug 2023 cents per kWh
Residential11.6711.33+3.0%15.91
Commercial9.088.52+6.6%13.08
Industrial7.327.11+3.0%8.90
All sectors9.679.26+4.4%13.27

Sales, customers and bill

Residential, unless the row says all sectors

Utah: sales, customers and the residential bill, August 2023
FigureAug 2023Aug 2022Change percent
Residential sales1.3 TWh1.3 TWh-0.9%
Sales, all sectors3.3 TWh3.4 TWh-0.7%
Residential customers1,247,4931,210,719+3.0%
Average residential bill (dollars in the month)$120.13$121.16-0.9%
Average residential use (kWh in the month)1,0291,070-3.8%
US residential price (cents per kWh)15.9115.82+0.6%

The 25 months to August 2023

Form EIA-861M

cents per kWh05101520Aug 2021Dec 2021Apr 2022Aug 2022Dec 2022Apr 2023Aug 2023cents per kWh05101520Aug 2021Mar 2022Oct 2022Aug 2023

Utah, 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 Utah page.

Questions about August 2023 in Utah

What did businesses pay for electricity in Utah in August 2023?
The average commercial price was 9.08 cents per kWh. The average industrial price was 7.32 cents per kWh. The average for all sectors was 9.67 cents per kWh.
How much electricity did residential customers in Utah buy in August 2023?
Residential customers bought 1.3 TWh of electricity in August 2023. One TWh is 1,000,000,000 kWh. The quantity was 0.9% lower than the quantity in August 2022.
How many residential customers did Utah have in August 2023?
Utah had 1,247,493 residential customers in August 2023. The number was 3.0% higher than the number in August 2022. A customer is one account or one meter, not one person.