The U.S. Energy Information Administration’s September outlook projects the average U.S. residential electricity price at 18.2 cents per kilowatt-hour (kWh) in 2026. That compares with 17.3 cents in 2025 and 16.5 cents in 2024. EIA projects 18.6 cents for 2027.
The numbers
| Year | Avg. residential price (¢/kWh) |
|---|---|
| 2024 | 16.5 |
| 2025 | 17.3 |
| 2026 (projected) | 18.2 |
| 2027 (projected) | 18.6 |
By our math from those figures, that is roughly +5% in 2026 and +2% in 2027. These are EIA forecast values from its September 9, 2026 release.
What is behind it
EIA says electricity use is reaching record levels, driven by data center development and more manufacturing. It expects commercial electricity sales to grow 3.3% in 2026 and 2.7% in 2027.
What this does and doesn’t mean
This is a national average of the total price paid, including delivery. Your rate can be far higher or lower. It also does not say your utility is changing rates on any specific date.
Solar angle
EIA projects U.S. solar generation growing 21% in 2026 and 18% in 2027. Higher utility prices can improve the savings from rooftop solar, but how much depends on your state’s export-credit rules.
What’s next
EIA lists its next outlook release as October 6, 2026.
Sources:
Frequently asked questions
Is 18.2 cents per kWh my electricity rate?
No. It is a forecast national average of what residential customers pay in total. Your rate depends on your utility, state, usage and rate plan.
When does EIA update this forecast?
EIA lists the next Short-Term Energy Outlook release as October 6, 2026.
