How much does Tesla Inc. charge per kWh?

Tesla Inc. reported an average residential price of 18.56¢ per kWh across its bundled residential customers in the 2024 EIA Form 861 release. That is an annual average across all its residential customers, not a rate schedule, so an individual bill depends on the tariff, usage pattern and season.

Is Tesla Inc. expensive compared with the rest of California?

Its average residential price is far below the California customer-weighted average of 30.02¢ per kWh, a difference of -38.2%. The state figure is weighted by customers across the 39 utilities reporting residential service in California.

What is the average electricity bill for Tesla Inc. customers?

Dividing reported residential sales by residential customers gives about 6,615 kWh per customer per year. At the reported average price that implies roughly $1,228 a year, or about $102 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.

EIA classifies Tesla Inc. as Behind the Meter, on-site generation serving customers directly rather than through the grid. Nationally, the customer-weighted average across Behind the Meter utilities was 20.76¢ per kWh in the 2024 Form 861 release.

California · Behind the Meter · public-other

Tesla Inc. public-power rates

Name: Tesla Inc. residential electricity price, 2024
Creator: RateWatt

Public-power residential average from EIA Form 861, 2024 - ownership form and territory share differ from investor-owned peers.

18.56¢
Avg residential price / kWh: 147.4K
Residential customers: -38.2%
vs California average: $1,228
Implied avg annual bill

Among 194 utilities with 100,000 or more residential customers, Tesla Inc. ranks #37 by average cents per kWh and #144 by residential customers. Tesla Inc. (Behind the Meter) averaged 18.56¢/kWh in 2024 - far below the California average.

San Diego Gas & Electric Co ranks #1 of 194 by average residential cents per kWh (43.63¢, 307,982 customers, customers rank #90). Florida Power & Light Co ranks #1 of 194 by residential customers (5,236,277 customers at 13.71¢, price rank #122). The highest average rate is not the largest customer count. Tesla Inc. is behind the meter - on-site generation serving customers directly rather than through the grid. Its reported average residential price is far below the California customer-weighted average (-38.2%). Its customers used below the national residential norm at about 6,615 kWh a year each.

San Diego Gas & Electric Co 43.63¢ · customers rank #90
Florida Power & Light Co 5,236,277 customers · price rank #122

FL size

5,236,277
CA rate

307,982

What this shows San Diego Gas & Electric Co ranks #1 of 194 by average residential cents per kWh (43.63¢, 307,982 customers, customers rank #90). Florida Power & Light Co ranks #1 of 194 by residential customers (5,236,277 customers at 13.71¢, price rank #122). The highest average rate is not the largest customer count.

EIA Form 861 utility filing desk

Release CA-2024 · Tesla Inc. WELL BELOW STATE

Tesla Inc. · Form 861 2024 · WELL BELOW STATE

RATE 18.56¢/kWh
RANK #10/39
VS-ST -38.2%
VS-US +8.4%
CUST 147k
BILL $1,228
OWN OTHER
PHOTO TX 0.14¢
BOOK 144/194

Nearest Form 861 price peer: TXU Energy Retail Co, LLC (TX) (+0.14¢ gap)

EIA Form 861 residential filing stamps for this utility record. Read with this utility → · California rates

NY

18
this util

19
TX

19
NY

19
TX

19

What this shows Tesla Inc. reports 18.56¢/kWh, corpus customer-rank 144 of 194.

C79/100

RateWatt cost context

How Tesla Inc. compares on reported cost context

A weighted comparison, not a tariff quote, reliability grade, service-quality score, or recommendation. Lower price and lower implied annual bill score better against reporting utilities in California; the state generation context is shown separately.

Price against state peers: 76/100
Implied annual bill against state peers: 79/100
State renewable generation context: 86/100

Weights: 50% price, 30% implied annual bill, 20% state renewable-generation context. Unreported inputs are excluded and the remaining weights are redistributed. Price and bill use EIA Form 861 (2024); generation context uses EIA state generation data (2025) and is not attributed to this provider.

Territory and usage

Scale and consumption

Tesla Inc. reported 147.4K residential customers, ranking 7th of 39 utilities in California by customers served and covering 1.6% of the state's reported residential customers.

Dividing reported residential sales by customers served gives about 6,615 kWh per customer per year - -1.1% against the California median of 6,688 kWh , implying a typical annual bill near $1,228.

Rate comparison

Public-power price placement

Ranked by price against the 39 utilities reporting residential rates in California, Tesla Inc. comes 10th of 39. The state's range runs from Surprise Valley Electrification at 13.14¢ to San Diego Gas & Electric Co at 43.63¢, so where a household sits inside California depends far more on which utility serves it than on the statewide average alone.

Against the 6 other behind the meter utilities reporting in California, whose customer-weighted average is 25.31¢, Tesla Inc. is far below its own ownership class within the state (-26.7%).

Price distribution in the state

Where Tesla Inc. sits among California utilities

2024 average residential price across the 39 utilities reporting a rate in California

18.56¢/kWh Top 26% most affordable More affordable than 76% of 38 other utilities

Tesla Inc.

average residential price, equal-width bands

Each bar spans 2¢/kWh. Taller bars contain more utilities; the dashed marker locates this utility. Hover, focus or tap a bar for its exact count and share.

Source EIA Form 861 · 2024

Tesla Inc. average residential price against three benchmarks, 2024
Benchmark	Price / kWh	Difference
Tesla Inc.	18.56¢	-
California (customer-weighted, 39 utilities)	30.02¢	-38.2%
US Form 861 customer-weighted average (1.5K utilities)	17.11¢	+8.4%
Behind the Meter customer-weighted US avg (139 utilities)	20.76¢	-10.6%

State peers

Every utility reporting in California

All 39 utilities reporting bundled residential service in California, largest first, with Tesla Inc. marked. The named companies either side of it are the ones a household in this state might otherwise be served by.

Residential utilities in California, 2024, ranked by customers served
Utility	Ownership	Customers	Avg ¢/kWh
Southern California Edison Co	Investor Owned	3.2M	32.43¢
Pacific Gas & Electric Co.	Investor Owned	1.9M	39.62¢
Los Angeles Department of Water & Power	Municipal	1.4M	23.84¢
Sacramento Municipal Util Dist	Political Subdivision	592.6K	17.87¢
Sunrun Inc.	Behind the Meter	325.6K	25.86¢
San Diego Gas & Electric Co	Investor Owned	308.0K	43.63¢
Tesla Inc. (this page)	Behind the Meter	147.4K	18.56¢
Imperial Irrigation District	Political Subdivision	142.1K	17.91¢
City of Anaheim - (CA)	Municipal	105.8K	17.11¢
Modesto Irrigation District	Political Subdivision	103.7K	21.78¢
City of Riverside - (CA)	Municipal	100.5K	20.20¢
Turlock Irrigation District	Political Subdivision	80.6K	16.34¢
City of Glendale - (CA)	Municipal	77.6K	33.81¢
SunPower Capital, LLC	Behind the Meter	71.5K	24.24¢
City of Roseville - (CA)	Municipal	63.1K	18.66¢
City of Pasadena - (CA)	Municipal	58.6K	25.98¢
Sunnova	Behind the Meter	52.8K	27.55¢
City of Santa Clara - (CA)	Municipal	50.9K	16.88¢
City of Burbank Water and Power	Municipal	46.2K	19.25¢
Liberty Utilities	Investor Owned	43.9K	25.92¢
City of Redding - (CA)	Municipal	38.2K	17.85¢
PacifiCorp	Investor Owned	36.3K	20.64¢
Alameda Municipal Power	Municipal	33.2K	22.98¢
City of Palo Alto - (CA)	Municipal	26.2K	20.67¢
Spruce Finance	Behind the Meter	25.3K	19.18¢
City of Lodi - (CA)	Municipal	23.8K	22.47¢
Bear Valley Electric Service	Investor Owned	23.3K	30.67¢
City of Colton - (CA)	Municipal	17.5K	24.85¢
City of Azusa	Municipal	15.6K	19.08¢
EverBright, LLC	Behind the Meter	11.5K	19.64¢
Merced Irrigation District	Political Subdivision	11.4K	24.25¢
City of Moreno Valley - (CA)	Municipal	7.9K	39.87¢
City of Shasta Lake - (CA)	Municipal	4.3K	19.26¢
Surprise Valley Electrification	Cooperative	2.8K	13.14¢
City & County of San Francisco	Municipal	2.6K	24.05¢
City of Corona - (CA)	Municipal	1.3K	15.50¢
Palmetto Solar, LLC	Behind the Meter	248	24.23¢
City of Vernon	Municipal	73	14.55¢
Valley Electric Assn, Inc	Cooperative	12	19.10¢

For generation mix and price history statewide, see electricity rates in California.

Each dot is one of the 39 California utilities reporting both a residential price and residential sales in 2024, placed by its rank percentile within that group rather than its raw value, so one very large utility cannot flatten the rest. Bubble size follows customers served, rank-scaled so a utility with millions of customers cannot swamp the rest. Tesla Inc. is highlighted. In California the cheapest rate belongs to Surprise Valley Electrification (13.14¢) while the smallest implied annual bill belongs to City of Vernon ($670) - a household's bill is price multiplied by consumption, so the two rankings are different lists.

FAQ

Common questions about Tesla Inc. rates

How much does Tesla Inc. charge per kWh?: Tesla Inc. reported an average residential price of 18.56¢ per kWh across its bundled residential customers in the 2024 EIA Form 861 release. That is an annual average across all its residential customers, not a rate schedule, so an individual bill depends on the tariff, usage pattern and season.
Is Tesla Inc. expensive compared with the rest of California?: Its average residential price is far below the California customer-weighted average of 30.02¢ per kWh, a difference of -38.2%. The state figure is weighted by customers across the 39 utilities reporting residential service in California.
What is the average electricity bill for Tesla Inc. customers?: Dividing reported residential sales by residential customers gives about 6,615 kWh per customer per year. At the reported average price that implies roughly $1,228 a year, or about $102 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.
Who owns Tesla Inc.?: EIA classifies Tesla Inc. as Behind the Meter, on-site generation serving customers directly rather than through the grid. Nationally, the customer-weighted average across Behind the Meter utilities was 20.76¢ per kWh in the 2024 Form 861 release.

Limitations

What this page does and does not tell you

An average across bundled residential customers for the year, revenue divided by sales, not a rate schedule.
Form 861 presence is not evidence of availability at an address or of customer choice.

See our methodology and why energy prices vary .

Source: U.S. Energy Information Administration (EIA), Form 861 annual electric power industry report, 2024 release. Retrieved and formatted by RateWatt.

Disclaimer: This information is provided for informational purposes only and does not constitute professional or financial advice. Data is sourced from the U.S. Energy Information Administration (EIA). Rates change and averages do not describe any individual account. Consult your utility or a qualified professional before making decisions based on this data.

Compiled by RateWatt, Independent US electricity-rate data portal

Every figure on RateWatt is rendered directly from official U.S. Energy Information Administration (EIA) data, no number is typed in by an editor. Average price, customers and sales are reported by EIA Form 861 (2024). Per-customer annual usage, the implied annual bill, the customer-weighted state average, the Form 861 US customer-weighted average, the ownership-class customer-weighted average, and every percentage difference are RateWatt's arithmetic on those reported columns, never the separate EIA retail-sales statewide series. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2025.