Today we are back with one of our most popular features – an annual update to our retail electricity price map. These prices best reflect what business, industry, and you must pay for a given unit – or kilowatt hour – of electricity. Last year’s edition found electricity prices climbing in all but a single state. This year, however, our analysis shows a mixed-bag of increases and decreases among the fifty states and the District of Columbia.
Thirty states continued to watch their average electricity rates increase, while this year twenty states and the District of Columbia enjoyed a reprieve from the elevation of electricity rates they experienced from 2013 to 2014. Michigan remains the exception, which again saw its average retail electricity price decrease on a year-to-year basis.