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States › Vermont › March 2023

Vermont electricity prices, March 2023

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

In March 2023, residential customers in Vermont paid an average of 20.38¢ per kilowatthour, up 3.9% on the same month a year earlier (19.61¢). The US average for the month was 16.04¢; Vermont was 27% above that. It ranked 10th highest among the 50 states and the District of Columbia.

Residential sales were 190,250 MWh, up 1.1% on a year earlier, and the average residential bill for the month was $120.70 on 592 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.

20.38¢residential, per kWh+3.9% on Mar 2022
$120.70average residential bill for the monthon 592 kWh
190.3 GWhresidential sales+1.1% on a year earlier
10thhighest residential price of 51US 16.04¢

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

SectorMar 2023Mar 2022ChangeUS, Mar 2023
Residential20.38¢19.61¢+3.9%16.04¢
Commercial17.91¢17.34¢+3.3%12.36¢
Industrial11.39¢11.64¢-2.1%7.80¢
All sectors17.42¢16.82¢+3.6%12.46¢

Sales and customers

MeasureMar 2023Mar 2022Change
Residential sales190.3 GWh188.1 GWh+1.1%
Sales, all sectors459.6 GWh465.6 GWh-1.3%
Residential customers321,308319,797+0.5%
Average residential bill$120.70$115.31+4.7%
Average residential use, kWh592588+0.7%
US residential price16.04¢14.41¢+11.3%

The two years to March 2023

0¢5¢10¢15¢20¢25¢Mar 2021Jul 2021Nov 2021Mar 2022Jul 2022Nov 2022Mar 2023

Vermont residentialUS residential

Cents per kWh, Form EIA-861M.
← February 2023April 2023 →

Questions and answers

What was the average electricity price in Vermont in March 2023?

20.38¢ per kilowatthour for residential customers, 17.91¢ for commercial and 11.39¢ for industrial customers. EIA marks the month as final.

How does that compare with a year earlier?

The residential average was 19.61¢ in March 2022, a change of +3.9%. Residential sales changed by +1.1% over the same period.

What was the average residential bill that month?

$120.70, on average use of 592 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 Vermont page.