Power Bill Facts

West Virginia electricity prices, March 2024

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

Month
March 2024, final
File
Form EIA-861M
Price among 51
23rd from the highest

The average residential price in West Virginia was 15.29 cents per kilowatt-hour (kWh) in March 2024. Final

In March 2023, the price was 14.23 cents per kWh. The March 2024 price was 1.06 cents per kWh higher than the March 2023 price.

The US average was 16.67 cents per kWh in March 2024. In March 2024, West Virginia had the 23rd highest average residential price among the 50 states and the District of Columbia.

The average bill of a residential customer for the month was $152.48, for 997 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

West Virginia: average price by sector, March 2024
SectorMar 2024 cents per kWhMar 2023 cents per kWhChange percentUS, Mar 2024 cents per kWh
Residential15.2914.23+7.4%16.67
Commercial11.4011.20+1.8%12.47
Industrial7.657.01+9.1%7.68
All sectors10.9510.30+6.3%12.57

Sales, customers and bill

Residential, unless the row says all sectors

West Virginia: sales, customers and the residential bill, March 2024
FigureMar 2024Mar 2023Change percent
Residential sales864.5 GWh958.2 GWh-9.8%
Sales, all sectors2.7 TWh2.9 TWh-5.6%
Residential customers866,806865,721+0.1%
Average residential bill (dollars in the month)$152.48$157.53-3.2%
Average residential use (kWh in the month)9971,107-9.9%
US residential price (cents per kWh)16.6716.04+3.9%

The 25 months to March 2024

Form EIA-861M

cents per kWh05101520Mar 2022Jul 2022Nov 2022Mar 2023Jul 2023Nov 2023Mar 2024cents per kWh05101520Mar 2022Oct 2022May 2023Mar 2024

West Virginia, 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 West Virginia page.

Questions about March 2024 in West Virginia

What did businesses pay for electricity in West Virginia in March 2024?
The average commercial price was 11.40 cents per kWh. The average industrial price was 7.65 cents per kWh. The average for all sectors was 10.95 cents per kWh.
How much electricity did residential customers in West Virginia buy in March 2024?
Residential customers bought 864.5 GWh of electricity in March 2024. One GWh is 1,000,000 kWh. The quantity was 9.8% lower than the quantity in March 2023.
How many residential customers did West Virginia have in March 2024?
West Virginia had 866,806 residential customers in March 2024. The number was 0.1% higher than the number in March 2023. A customer is one account or one meter, not one person.