US average electricity price in 2020
The U.S. average residential electricity price averaged $0.14 per kWh in 2020, across 12 of 12 published months in the FRED APU000072610 series. That is down 0.7% from $0.14/kWh in 2019.
Nearby years
| Year | Average price | Change from prior year | Months published |
|---|---|---|---|
| 2018 | $0.14/kWh | -1.1% | 12 |
| 2019 | $0.14/kWh | 0% | 12 |
| 2020 | $0.14/kWh | -0.7% | 12 |
| 2021 | $0.14/kWh | +4% | 12 |
| 2022 | $0.16/kWh | +12.7% | 12 |
Source: FRED (Federal Reserve Bank of St. Louis), "Average Price: Electricity per Kilowatt-Hour in U.S. City Average" (series APU000072610). Fetched 2026-09-25; latest published month 2026-08-01. View the series on FRED