Home › Prices by year › Electricity
💡 Kilowatt-hour of home electricity by Year (1960–2025)
In 1960 it cost 2.6¢ (per kWh, residential). In 2025 it was 17.3¢, and the latest figure (Jul 2026) is 18.3¢. Adjusted for inflation, it was cheapest in 2002 and most expensive in 1960.
Price at the timeIn today's money
| Year | Price then | In today's money |
|---|---|---|
| 2025 | 17.3¢ | 18.1¢ |
| 2024 | 16.5¢ | 17.7¢ |
| 2023 | 16.0¢ | 17.7¢ |
| 2022 | 15.0¢ | 17.3¢ |
| 2021 | 13.7¢ | 17.0¢ |
| 2020 | 13.2¢ | 17.2¢ |
| 2019 | 13.0¢ | 17.1¢ |
| 2018 | 12.9¢ | 17.3¢ |
| 2017 | 12.9¢ | 17.7¢ |
| 2016 | 12.6¢ | 17.7¢ |
| 2015 | 12.7¢ | 18.1¢ |
| 2014 | 12.5¢ | 17.8¢ |
| 2013 | 12.1¢ | 17.5¢ |
| 2012 | 11.9¢ | 17.5¢ |
| 2011 | 11.7¢ | 17.5¢ |
| 2010 | 11.5¢ | 17.8¢ |
| 2009 | 11.5¢ | 18.1¢ |
| 2008 | 11.3¢ | 17.7¢ |
| 2007 | 10.7¢ | 17.4¢ |
| 2006 | 10.4¢ | 17.4¢ |
| 2005 | 9.5¢ | 16.4¢ |
| 2004 | 9.0¢ | 16.1¢ |
| 2003 | 8.7¢ | 15.9¢ |
| 2002 | 8.4¢ | 15.7¢ |
| 2001 | 8.6¢ | 16.4¢ |
| 2000 | 8.2¢ | 16.0¢ |
| 1999 | 8.2¢ | 16.6¢ |
| 1998 | 8.3¢ | 17.2¢ |
| 1997 | 8.4¢ | 17.6¢ |
| 1996 | 8.4¢ | 18.0¢ |
| 1995 | 8.4¢ | 18.6¢ |
| 1994 | 8.4¢ | 19.1¢ |
| 1993 | 8.3¢ | 19.4¢ |
| 1992 | 8.2¢ | 19.7¢ |
| 1991 | 8.0¢ | 19.8¢ |
| 1990 | 7.8¢ | 20.1¢ |
| 1989 | 7.7¢ | 20.9¢ |
| 1988 | 7.5¢ | 21.4¢ |
| 1987 | 7.5¢ | 22.2¢ |
| 1986 | 7.4¢ | 22.7¢ |
| 1985 | 7.4¢ | 23.2¢ |
| 1984 | 7.2¢ | 23.4¢ |
| 1983 | 7.2¢ | 24.4¢ |
| 1982 | 6.9¢ | 24.1¢ |
| 1981 | 6.2¢ | 23.0¢ |
| 1980 | 5.4¢ | 22.1¢ |
| 1979 | 4.6¢ | 21.4¢ |
| 1978 | 4.3¢ | 22.2¢ |
| 1977 | 4.1¢ | 22.8¢ |
| 1976 | 3.7¢ | 21.9¢ |
| 1975 | 3.5¢ | 21.9¢ |
| 1974 | 3.1¢ | 21.2¢ |
| 1973 | 2.5¢ | 19.0¢ |
| 1972 | 2.4¢ | 19.3¢ |
| 1971 | 2.3¢ | 19.1¢ |
| 1970 | 2.2¢ | 19.1¢ |
| 1969 | 2.2¢ | 20.2¢ |
| 1968 | 2.3¢ | 22.3¢ |
| 1967 | 2.3¢ | 23.2¢ |
| 1966 | 2.3¢ | 23.9¢ |
| 1965 | 2.4¢ | 25.7¢ |
| 1964 | 2.5¢ | 27.2¢ |
| 1963 | 2.5¢ | 27.5¢ |
| 1962 | 2.6¢ | 29.0¢ |
| 1961 | 2.6¢ | 29.3¢ |
| 1960 | 2.6¢ | 29.6¢ |
How to read this
“Price then” is the average for that year. “In today's money” converts it to Sep 2026 dollars with the Consumer Price Index (CPI-U), so you can see whether electricity really got pricier or the dollar just shrank.
Source: U.S. Energy Information Administration (average residential price incl. taxes). Yearly figures are averages of the monthly or quarterly data.
Free daily email
Get tomorrow's year in your inbox
One short email each morning around 7am Eastern: the new daily game and one surprising price from the past. No spam, unsubscribe in one click.