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energy

United States · Household Electricity Price · € per kWh

Latest

0.16€ per kWh

Methodology

## What this measures

The average price U.S. households paid for electricity in each half-year, converted to euros per kWh, so it can be set beside Eurostat's household prices for Europe. Points are dated the first day of the half (January 1 for January to June, July 1 for July to December).

## Why it matters

It puts the U.S. household power price on the same footing as European prices, for comparisons of energy costs and of what different power mixes and tax systems mean for bills.

## How to read it

Palanor calculation: EIA's residential revenue for the six months divided by the kWh sold in them (dollars per kWh), divided by the average of the six monthly ECB euro reference rates (dollars per euro). EIA counts the taxes and fees on the bill in revenue, so it is comparable with Eurostat's all-taxes price. Exchange-rate swings move it even when the dollar price is flat; the dollar price itself is eia.electricity.residential_price.us.

## What it does not say

It averages every residential customer in the country, while Eurostat's European prices are for one consumption band (2,500 to 4,999 kWh a year). Prices differ widely between U.S. states. It is not adjusted for incomes or price levels.

## Source

U.S. Energy Information Administration, electricity retail sales (revenue and sales, residential, U.S. total), public domain; European Central Bank euro reference rates (US dollar, monthly average), ECB statistics. Calculated by Palanor daily (/api/cron/eurostat-sync) for complete half-years only.

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